ABM Industries Stock Today

ABM
 Stock
  

USD 45.19  0.27  0.59%   

Market Performance
0 of 100
Odds Of Distress
Less than 11
ABM Industries is selling for 45.19 as of the 9th of December 2022. This is a -0.59 percent decrease since the beginning of the trading day. The stock's lowest day price was 44.78. ABM Industries has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for ABM Industries Incorporated are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of November 2022 and ending today, the 9th of December 2022. Click here to learn more.
CUSIP
000957100
Fiscal Year End
October
Business Domain
Commercial & Professional Services
IPO Date
19th of July 1984
Category
Industrials
Classification
Industrials
ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. The company was incorporated in 1985 and is based in New York, New York. ABM Industries operates under Specialty Business Services classification in the United States and is traded on New York Stock Exchange. The company has 66.15 M outstanding shares of which 1.81 M shares are presently shorted by investors with about 7.08 days to cover. More on ABM Industries Incorporated

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ABM Industries Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ABM Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ABM Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
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: ABM Industries Undervalued Dividend King With Big Upside Potential - Seeking Alpha
CEOScott Salmirs
Fama & French Classification
Average Analyst Recommendation
Analysts covering ABM Industries report their recommendations after researching ABM Industries' financial statements, talking to executives and customers, or listening in on ABM Industries' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering ABM Industries Incor. The ABM Industries consensus assessment is calculated by taking the average forecast from all of the analysts covering ABM Industries.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of ABM Industries Incor based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of ABM Industries Incor financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted65.6 M63.6 M
Fairly Up
Increasing
Slightly volatile
Weighted Average Shares49.1 M49.4 M
Slightly Down
Decreasing
Slightly volatile
Return on Average Assets3.032.95
Fairly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations13.2 M12 M
Significantly Up
Decreasing
Stable
Current Liabilities60.6 M56.1 M
Significantly Up
Increasing
Slightly volatile
Total Liabilities51.8 M57.3 M
Moderately Down
Increasing
Stable
Gross Margin68.3463.94
Notably Up
Increasing
Stable
Total Debt962.5 M1.2 B
Significantly Down
Increasing
Slightly volatile
Asset Turnover0.970.89
Significantly Up
Increasing
Stable
Current Assets79.3 M84.9 M
Significantly Down
Increasing
Stable
Total Assets118.6 M126.6 M
Notably Down
Increasing
Stable
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of ABM Industries' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
ABM Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to ABM Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ABM Industries' financial leverage. It provides some insight into what part of ABM Industries' total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on ABM Industries' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how ABM Industries deploys its capital and how much of that capital is borrowed.
Liquidity
ABM Industries cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 852.8 M in debt with debt to equity (D/E) ratio of 0.79, which is OK given its current industry classification. ABM Industries Incor has a current ratio of 1.19, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist ABM Industries until it has trouble settling it off, either with new capital or with free cash flow. So, ABM Industries' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ABM Industries Incor sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ABM Industries to invest in growth at high rates of return. When we think about ABM Industries' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

13.2 Million
ABM Industries Incorporated (ABM) is traded on New York Stock Exchange in USA and employs 124,000 people. ABM Industries is listed under Environmental & Facilities Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.99 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ABM Industries's market, we take the total number of its shares issued and multiply it by ABM Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ABM Industries Incor runs under Commercial Services & Supplies sector within Industrials industry. The entity has 66.15 M outstanding shares of which 1.81 M shares are presently shorted by investors with about 7.08 days to cover. ABM Industries Incorporated has about 62.8 M in cash with 314.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.97.
Check ABM Industries Probability Of Bankruptcy
Ownership
ABM Industries holds a total of sixty-six million one hundred fifty-one thousand five hundred outstanding shares. The majority of ABM Industries Incorporated outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in ABM Industries Incor to benefit from reduced commissions. Thereupon, institutional investors are subject to a different set of regulations than regular investors in ABM Industries. Please pay attention to any change in the institutional holdings of ABM Industries Incorporated as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check ABM Industries Ownership Details

ABM Industries Stock Price Odds Analysis

Based on a normal probability distribution, the odds of ABM Industries jumping above the current price in 90 days from now is about 18.69%. The ABM Industries Incorporated probability density function shows the probability of ABM Industries stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.1062. This suggests ABM Industries Incorporated market returns are highly reactive to returns on the market. As the market goes up or down, ABM Industries is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. ABM Industries Incor is significantly underperforming NYSE Composite.
  Odds Below 45.19HorizonTargetOdds Above 45.19
81.16%90 days
 45.19 
18.69%
Based on a normal probability distribution, the odds of ABM Industries to move above the current price in 90 days from now is about 18.69 (This ABM Industries Incorporated probability density function shows the probability of ABM Industries Stock to fall within a particular range of prices over 90 days) .

ABM Industries Historical Income Statement

ABM Industries Incorporated Income Statement is one of the three primary financial statements used for reporting ABM Industries's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ABM Industries Incor revenue and expense. ABM Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
ABM Industries Net Income is relatively stable at the moment as compared to the past year. The company's current value of Net Income is estimated at 4.17 Million. Operating Income is expected to hike to about 7.9 M this year, although the value of Consolidated Income will most likely fall to nearly 116.9 M. View More Fundamentals

ABM Industries Stock Against Markets

Picking the right benchmark for ABM Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ABM Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ABM Industries is critical whether you are bullish or bearish towards ABM Industries Incorporated at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ABM Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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ABM Industries Corporate Directors

ABM Industries corporate directors refer to members of an ABM Industries board of directors. The board of directors generally takes responsibility for the ABM Industries' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ABM Industries' board members must vote for the resolution. The ABM Industries board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Lauralee Martin - Independent DirectorProfile
William Steele - Independent DirectorProfile
Donald Colleran - Independent DirectorProfile
Linda Chavez - Independent DirectorProfile

Invested in ABM Industries Incorporated?

The danger of trading ABM Industries Incorporated is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ABM Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ABM Industries. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ABM Industries Incor is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. 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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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.
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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
0.565
Market Capitalization
B
Quarterly Revenue Growth YOY
0.271
Return On Assets
0.0492
Return On Equity
0.1324
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.