ABM Industries Stock Buy Hold or Sell Recommendation

ABM
 Stock
  

USD 46.29  0.59  1.26%   

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding ABM Industries Incorporated is 'Strong Hold'. Macroaxis provides ABM Industries buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ABM positions. The advice algorithm takes into account all of ABM Industries' available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from ABM Industries' buy-and-hold perspective. Please continue to ABM Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as ABM Industries and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards ABM Industries Incorporated.

Execute ABM Industries Buy or Sell Advice

The ABM Industries recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ABM Industries Incorporated. Macroaxis does not own or have any residual interests in ABM Industries Incorporated or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ABM Industries' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell ABM IndustriesBuy ABM Industries
Strong Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Inapplicable
Details

Reporting Quality (M-Score)

Details
For the selected time horizon ABM Industries Incorporated has a Risk Adjusted Performance of 0.0214, Jensen Alpha of (0.09), Total Risk Alpha of (0.13), Sortino Ratio of (0.039502) and Treynor Ratio of 0.0148
Our investment recommendation tool can be used to complement ABM Industries trade advice provided by experts. It analyzes the company's potential to grow against your specific risk preferences and investment horizon. To make sure ABM Industries is not overpriced, please confirm all ABM Industries Incor fundamentals, including its shares owned by institutions, gross profit, debt to equity, as well as the relationship between the price to book and cash and equivalents . Given that ABM Industries Incor has a price to book of 1.80 X, we suggest you to validate ABM Industries Incorporated market performance and probability of bankruptcy to ensure the company can sustain itself in the future given your prevailing risk tolerance and investing horizon.

ABM Industries Trading Alerts and Improvement Suggestions

ABM Industries Incor has a strong financial position based on the latest SEC filings
Over 96.0% of the company shares are held by institutions such as insurance companies
On 7th of November 2022 ABM Industries paid $ 0.195 per share dividend to its current shareholders
Latest headline from news.google.com: ATS Automation Tooling Systems Inc. Announces Name Change to ATS Corporation - Yahoo Finance

ABM Industries Returns Distribution Density

The distribution of ABM Industries' historical returns is an attempt to chart the uncertainty of ABM Industries' future price movements. The chart of the probability distribution of ABM Industries stock daily returns describes the distribution of returns around its average expected value. We use ABM Industries Incorporated price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ABM Industries returns is essential to provide solid investment advice for ABM Industries.
Mean Return0.0268Value At Risk-3.11
Potential Upside3.34Standard Deviation2.18
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ABM Industries historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

ABM Industries Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as ABM Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ABM Industries Incorporated backward and forwards among themselves. ABM Industries' institutional investor refers to the entity that pools money to purchase ABM Industries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zurich Insurance Group LtdCommon Shares25.3 K920 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares8.3 K316 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares8.3 K358 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares8.3 K380 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares8.3 K337 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares6.2 K280 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares6.2 K276 K
Note, although ABM Industries' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

ABM Industries Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(48.6 M)(58.3 M)(32.5 M)(29.9 M)(26.91 M)(29.03 M)
Depreciation Amortization and Accretion112.5 M107.4 M96.4 M89.9 M103.39 M97.05 M
Net Cash Flow or Change in Cash and Cash Equivalents(23.7 M)19.4 M335.7 M(331.4 M)(298.26 M)(306.11 M)
Net Cash Flow Business Acquisitions and Disposals(96 M)(818.5 M)(2.3 M)(710.2 M)(639.18 M)(656 M)
Issuance Repayment of Debt Securities(254 M)(143.9 M)(45.3 M)142.8 M128.52 M138.67 M
Payment of Dividends and Other Cash Distributions(46 M)(47.7 M)(49.3 M)(51 M)(45.9 M)(49.52 M)
Effect of Exchange Rate Changes on Cash1.5 M(700 K)(200 K)1.9 M2.19 M2.36 M
Share Based Compensation17 M17.5 M20.3 M33.5 M38.52 M41.57 M

ABM Industries Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ABM Industries or Commercial Services & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ABM Industries' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ABM Industries stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.09
β
Beta against NYSE Composite1.14
σ
Overall volatility
2.17
Ir
Information ratio -0.04

ABM Industries Volatility Alert

ABM Industries Incorporated currently demonstrates below-average downside deviation. It has Information Ratio of -0.04 and Jensen Alpha of -0.09. However, we advise investors to further question ABM Industries Incorporated expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ABM Industries' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ABM Industries' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

ABM Industries Fundamentals Vs Peers

Comparing ABM Industries' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ABM Industries' direct or indirect competition across all of the common fundamentals between ABM Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as ABM Industries or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ABM Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing ABM Industries by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare ABM Industries to competition
FundamentalsABM IndustriesPeer Average
Return On Equity0.13 %(0.31) %
Return On Asset0.0492 %(0.14) %
Profit Margin0.0288 %(1.27) %
Operating Margin0.0446 %(5.51) %
Current Valuation4.28 B16.62 B
Shares Outstanding66.15 M571.82 M
Shares Owned by Insiders1.12 %10.09 %
Shares Owned by Institutions96.34 %39.21 %
Number of Shares Shorted1.81 M4.71 M
Price to Earning64.99 X28.72 X
Price to Book1.80 X9.51 X
Price to Sales0.41 X11.42 X
Revenue6.23 B9.43 B
Gross Profit1.02 B27.38 B
EBITDA298.3 M3.9 B
Net Income126.3 M570.98 M
Cash and Equivalents62.8 M2.7 B
Cash per Share0.97 X5.01 X
Total Debt852.8 M5.32 B
Debt to Equity0.79 %48.70 %
Current Ratio1.21 X2.16 X
Book Value Per Share25.40 X1.93 K
Cash Flow from Operations314.3 M971.22 M
Short Ratio7.08 X4.00 X
Earnings Per Share3.18 X3.12 X
Price to Earnings To Growth4.45 X4.89 X
Target Price58.0
Number of Employees124 K18.84 K
Beta1.12-0.15
Market Capitalization3.06 B19.03 B
Total Asset4.44 B29.47 B
Retained Earnings910.85 M9.33 B
Working Capital394.5 M1.48 B
   Acquisition by Winifred Webb of tradable shares of ABM Industries subject to Rule 16b-3 [view details]

ABM Industries Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ABM Industries . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About ABM Industries Buy or Sell Advice

When is the right time to buy or sell ABM Industries Incorporated? Buying financial instruments such as ABM Industries Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2011 2012 2021 2022 (projected)
Receivables67.38 M63.76 M57.39 M55.96 M
Inventories18.38 M20.45 M18.41 M16.27 M

Use Investing Ideas to Build Portfolios

In addition to having ABM Industries in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Investing Thematic Idea Now

Investing
Investing Theme
Companies involved in money management and investment banking services. The Investing theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Investing Theme or any other thematic opportunities.
View All  Next Launch
Please continue to ABM Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the ABM Industries Incor information on this page should be used as a complementary analysis to other ABM Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for ABM Industries Stock analysis

When running ABM Industries Incor price analysis, check to measure ABM Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ABM Industries is operating at the current time. Most of ABM Industries' value examination focuses on studying past and present price action to predict the probability of ABM Industries' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ABM Industries' price. Additionally, you may evaluate how the addition of ABM Industries to your portfolios can decrease your overall portfolio volatility.
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Is ABM Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ABM Industries. If investors know ABM Industries will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ABM Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.56
Market Capitalization
3.1 B
Quarterly Revenue Growth YOY
0.27
Return On Assets
0.0492
Return On Equity
0.13
The market value of ABM Industries Incor is measured differently than its book value, which is the value of ABM Industries that is recorded on the company's balance sheet. Investors also form their own opinion of ABM Industries' value that differs from its market value or its book value, called intrinsic value, which is ABM Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ABM Industries' market value can be influenced by many factors that don't directly affect ABM Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ABM Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine ABM Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABM Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.