ABM Industries Incorporated

Company Profile

ABM Industries Incorporated had its IPO on 1984-07-19 under the ticker symbol ABM.

The company operates in the Industrials sector and Specialty Business Services industry. ABM Industries Incorporated has a staff strength of 127,000 employees.

Stock update

Shares of ABM Industries Incorporated opened at $39 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $39 - $39.76, and closed at $39.37.

This is a +0.69% increase from the previous day's closing price.

A total volume of 439,465 shares were traded at the close of the day’s session.

In the last one week, shares of ABM Industries Incorporated have slipped by -14.06%.

ABM Industries Incorporated's Key Ratios

ABM Industries Incorporated has a market cap of $3.16 billion, indicating a price to book ratio of 1.7957 and a price to sales ratio of 0.3958.

In the last 12-months ABM Industries Incorporated’s revenue was $7.81 billion with a gross profit of $1.11 billion and an EBITDA of $462 million. The EBITDA ratio measures ABM Industries Incorporated's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, ABM Industries Incorporated’s operating margin was 4.48% while its return on assets stood at 4.7% with a return of equity of 13.85%.

In Q3.3333333333333, ABM Industries Incorporated’s quarterly earnings growth was a positive 45.6% while revenue growth was a positive 18.6%.

ABM Industries Incorporated’s PE and PEG Ratio

Forward PE

0

Trailing PE

14.0352

PEG

4.45

Its diluted EPS in the last 12-months stands at $3.41 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 4.45. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into ABM Industries Incorporated’s profitability.

ABM Industries Incorporated stock is trading at a EV to sales ratio of 0.5483 and a EV to EBITDA ratio of 10.115. Its price to sales ratio in the trailing 12-months stood at 0.3958.

ABM Industries Incorporated stock pays annual dividends of $0.78 per share, indicating a yield of 1.82% and a payout ratio of 29.6%.

Balance sheet and cash flow metrics

Total Assets

$4.87 billion

Total Liabilities

$1.35 billion

Operating Cash Flow

$-148200000.00

Capital Expenditure

$13 million

Dividend Payout Ratio

29.6%

ABM Industries Incorporated ended 2024 with $4.87 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.87 billion while shareholder equity stood at $1.72 billion.

ABM Industries Incorporated ended 2024 with $0 in deferred long-term liabilities, $1.35 billion in other current liabilities, 700000.00 in common stock, $1.11 billion in retained earnings and $2.49 billion in goodwill. Its cash balance stood at $73.00 million and cash and short-term investments were $73.00 million. The company’s total short-term debt was $211,800,000 while long-term debt stood at $1.09 billion.

ABM Industries Incorporated’s total current assets stands at $1.56 billion while long-term investments were $14.50 million and short-term investments were $14.50 million. Its net receivables were $1.28 billion compared to accounts payable of $315.50 million and inventory worth $0.

In 2024, ABM Industries Incorporated's operating cash flow was $-148200000.00 while its capital expenditure stood at $13 million.

Comparatively, ABM Industries Incorporated paid $0.30 in dividends in 2024.

Other key metrics

Current Trading Price

$39.37

52-Week High

$53.2417

52-Week Low

$37.3212

Analyst Target Price

$58

ABM Industries Incorporated stock is currently trading at $39.37 per share. It touched a 52-week high of $53.2417 and a 52-week low of $53.2417. Analysts tracking the stock have a 12-month average target price of $58.

Its 50-day moving average was $44.12 and 200-day moving average was $44.37 The short ratio stood at 6.93 indicating a short percent outstanding of 0%.

Around 134.1% of the company’s stock are held by insiders while 9602.2% are held by institutions.