Q1 EPS Estimates for ABM Industries Raised by Zacks Research

ABM Industries Incorporated (NYSE:ABMFree Report) – Investment analysts at Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for ABM Industries in a research note issued on Wednesday, January 8th. Zacks Research analyst R. Department now anticipates that the business services provider will post earnings of $0.79 per share for the quarter, up from their prior forecast of $0.76. The consensus estimate for ABM Industries’ current full-year earnings is $3.53 per share. Zacks Research also issued estimates for ABM Industries’ Q2 2025 earnings at $0.83 EPS, Q4 2025 earnings at $1.03 EPS, FY2025 earnings at $3.60 EPS, Q1 2026 earnings at $0.96 EPS, Q2 2026 earnings at $0.97 EPS, Q3 2026 earnings at $1.01 EPS, Q4 2026 earnings at $1.14 EPS and FY2027 earnings at $4.29 EPS.

Separately, UBS Group upped their target price on shares of ABM Industries from $55.00 to $56.00 and gave the company a “neutral” rating in a research report on Thursday, December 19th.

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ABM Industries Trading Up 1.8 %

ABM opened at $51.03 on Friday. ABM Industries has a fifty-two week low of $39.64 and a fifty-two week high of $59.78. The company has a market cap of $3.17 billion, a price-to-earnings ratio of 21.09 and a beta of 1.16. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.38 and a quick ratio of 1.38. The firm has a 50 day simple moving average of $54.59 and a 200 day simple moving average of $53.44.

ABM Industries (NYSE:ABMGet Free Report) last announced its quarterly earnings data on Wednesday, December 18th. The business services provider reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.03. The firm had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.08 billion. ABM Industries had a return on equity of 12.93% and a net margin of 1.89%. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.01 EPS.

Hedge Funds Weigh In On ABM Industries

Several institutional investors and hedge funds have recently modified their holdings of the business. BOKF NA bought a new position in ABM Industries in the second quarter valued at approximately $30,000. Capital Performance Advisors LLP acquired a new stake in shares of ABM Industries during the third quarter worth $30,000. Copeland Capital Management LLC bought a new stake in ABM Industries in the 3rd quarter valued at $37,000. GAMMA Investing LLC boosted its stake in ABM Industries by 58.8% in the 3rd quarter. GAMMA Investing LLC now owns 1,590 shares of the business services provider’s stock worth $84,000 after purchasing an additional 589 shares during the period. Finally, Quarry LP increased its holdings in ABM Industries by 49.7% during the 3rd quarter. Quarry LP now owns 2,171 shares of the business services provider’s stock worth $115,000 after purchasing an additional 721 shares in the last quarter. 91.62% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other ABM Industries news, CFO Earl Ray Ellis sold 40,000 shares of the stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $53.96, for a total value of $2,158,400.00. Following the completion of the sale, the chief financial officer now directly owns 45,260 shares in the company, valued at $2,442,229.60. This represents a 46.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.04% of the company’s stock.

ABM Industries Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, January 2nd will be paid a $0.265 dividend. This represents a $1.06 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend is Thursday, January 2nd. This is an increase from ABM Industries’s previous quarterly dividend of $0.23. ABM Industries’s dividend payout ratio is presently 83.46%.

About ABM Industries

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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.

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Earnings History and Estimates for ABM Industries (NYSE:ABM)

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