ABM Industries (NYSE:ABM) Issues FY 2025 Earnings Guidance

ABM Industries (NYSE:ABM) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 3.650-3.800 for the period, compared to the consensus EPS estimate of 3.730. The company issued revenue guidance of -.

ABM Industries Trading Down 3.1 %

Shares of ABM stock opened at $49.66 on Wednesday. ABM Industries has a 12-month low of $41.51 and a 12-month high of $59.78. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.73. The stock’s 50-day moving average price is $52.69 and its 200-day moving average price is $53.54. The stock has a market capitalization of $3.09 billion, a price-to-earnings ratio of 39.10, a price-to-earnings-growth ratio of 2.75 and a beta of 1.13.

ABM Industries (NYSE:ABM) last issued its earnings results on Wednesday, March 12th. The business services provider reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.08. ABM Industries had a return on equity of 12.48% and a net margin of 0.97%. Equities research analysts predict that ABM Industries will post 3.71 EPS for the current fiscal year.

ABM Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Thursday, April 3rd will be paid a dividend of $0.265 per share. This represents a $1.06 annualized dividend and a yield of 2.13%. ABM Industries’s payout ratio is currently 83.46%.

Analyst Ratings Changes

Separately, UBS Group boosted their price objective on ABM Industries from $55.00 to $56.00 and gave the stock a “neutral” rating in a research note on Thursday, December 19th.

Insiders Place Their Bets

In other ABM Industries news, COO Rene Jacobsen sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $52.84, for a total transaction of $528,400.00. Following the completion of the transaction, the chief operating officer now owns 87,808 shares in the company, valued at $4,639,774.72. The trade was a 10.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Dean A. Chin sold 4,281 shares of the business’s stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $52.36, for a total value of $224,153.16. Following the transaction, the chief accounting officer now owns 18,681 shares of the company’s stock, valued at $978,137.16. This trade represents a 18.64 % decrease in their position. The disclosure for this sale can be found here. 0.90% of the stock is currently owned by insiders.

ABM Industries Company Profile

ABM Industries Incorporated, through its subsidiaries, engages in the provision of integrated facility, infrastructure, and mobility solutions in the United States and internationally. It operates through Business & Industry, Manufacturing & Distribution, Education, Aviation, and Technical Solutions segments.