ABM Industries FY2025 EPS Forecast Cut by Zacks Research

ABM Industries Incorporated (NYSE:ABM) – Analysts at Zacks Research reduced their FY2025 earnings estimates for shares of ABM Industries in a research note issued to investors on Wednesday, September 24th. Zacks Research analyst Team now forecasts that the business services provider will post earnings per share of $3.65 for the year, down from their previous estimate of $3.72. The consensus estimate for ABM Industries’ current full-year earnings is $3.71 per share. Zacks Research also issued estimates for ABM Industries’ Q4 2025 earnings at $1.10 EPS, Q1 2026 earnings at $0.86 EPS, Q2 2026 earnings at $0.90 EPS, Q3 2026 earnings at $1.00 EPS, Q4 2026 earnings at $1.18 EPS, FY2026 earnings at $3.94 EPS, Q1 2027 earnings at $0.90 EPS, Q2 2027 earnings at $1.00 EPS, Q3 2027 earnings at $1.21 EPS and FY2027 earnings at $4.44 EPS.

ABM Industries (NYSE:ABM) last released its quarterly earnings data on Friday, September 5th. The business services provider reported $0.82 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.13). The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.16 billion. ABM Industries had a return on equity of 12.12% and a net margin of 1.34%.The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period last year, the business posted $0.94 earnings per share. ABM Industries has set its FY 2025 guidance at 3.650-3.650 EPS.

Other research analysts also recently issued reports about the stock. Wall Street Zen downgraded shares of ABM Industries from a “buy” rating to a “hold” rating in a report on Saturday, July 26th. Robert W. Baird reissued a “neutral” rating and issued a $54.00 price target (down from $56.00) on shares of ABM Industries in a report on Monday, September 8th. UBS Group raised their price target on shares of ABM Industries from $54.00 to $55.00 and gave the company a “buy” rating in a report on Monday, September 8th. Baird R W downgraded shares of ABM Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, September 8th. Finally, Truist Financial raised shares of ABM Industries from a “hold” rating to a “buy” rating and raised their price target for the company from $55.00 to $58.00 in a report on Wednesday, July 2nd. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $55.67.

ABM Industries Stock Down 0.4%

ABM opened at $45.07 on Thursday. The company has a 50 day moving average of $47.32 and a 200 day moving average of $47.80. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.82. ABM Industries has a 12 month low of $40.85 and a 12 month high of $59.15. The company has a market cap of $2.76 billion, a PE ratio of 24.49 and a beta of 0.80.

Hedge Funds Weigh In On ABM Industries

A number of large investors have recently added to or reduced their stakes in ABM. Norges Bank purchased a new position in ABM Industries in the 2nd quarter worth $38,434,000. SG Capital Management LLC purchased a new position in ABM Industries in the 2nd quarter worth $29,064,000. Boston Partners raised its position in ABM Industries by 2,129.6% in the 1st quarter. Boston Partners now owns 641,351 shares of the business services provider’s stock worth $30,367,000 after purchasing an additional 612,586 shares during the period. LSV Asset Management raised its position in ABM Industries by 66.4% in the 1st quarter. LSV Asset Management now owns 1,386,172 shares of the business services provider’s stock worth $65,649,000 after purchasing an additional 553,225 shares during the period. Finally, Nuveen LLC purchased a new position in ABM Industries in the 1st quarter worth $24,941,000. Hedge funds and other institutional investors own 91.62% of the company’s stock.

Insider Activity

In other news, COO Rene Jacobsen sold 17,250 shares of ABM Industries stock in a transaction on Monday, July 7th. The shares were sold at an average price of $48.03, for a total transaction of $828,517.50. Following the completion of the sale, the chief operating officer directly owned 71,256 shares of the company’s stock, valued at approximately $3,422,425.68. The trade was a 19.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.90% of the company’s stock.

ABM Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Thursday, October 2nd will be issued a dividend of $0.265 per share. This represents a $1.06 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, October 2nd. ABM Industries’s payout ratio is currently 57.61%.

ABM Industries declared that its Board of Directors has approved a share repurchase program on Friday, September 5th that allows the company to repurchase $150.00 million in outstanding shares. This repurchase authorization allows the business services provider to reacquire up to 5% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

About ABM Industries

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.