Zacks Research Predicts Weaker Earnings for ABM Industries

ABM Industries Incorporated (NYSE:ABM) – Equities research analysts at Zacks Research lowered their Q3 2026 EPS estimates for ABM Industries in a report released on Wednesday, January 7th. Zacks Research analyst Team now expects that the business services provider will post earnings of $0.98 per share for the quarter, down from their prior forecast of $1.00. The consensus estimate for ABM Industries’ current full-year earnings is $3.71 per share. Zacks Research also issued estimates for ABM Industries’ Q1 2027 earnings at $1.02 EPS, Q2 2027 earnings at $1.03 EPS, Q3 2027 earnings at $1.09 EPS, Q4 2027 earnings at $1.24 EPS and FY2028 earnings at $4.83 EPS.

ABM Industries (NYSE:ABM) last released its quarterly earnings results on Wednesday, December 17th. The business services provider reported $0.88 EPS for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.21). The firm had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.28 billion. ABM Industries had a return on equity of 11.96% and a net margin of 1.86%.ABM Industries’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.90 earnings per share. ABM Industries has set its FY 2026 guidance at 3.850-4.15 EPS.

A number of other brokerages have also issued reports on ABM. UBS Group reissued a “neutral” rating and set a $51.00 price target (down from $55.00) on shares of ABM Industries in a research note on Thursday, December 18th. Wall Street Zen lowered ABM Industries from a “buy” rating to a “hold” rating in a research note on Saturday, December 13th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of ABM Industries in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $54.33.

ABM Industries Stock Up 1.4%

Shares of NYSE ABM opened at $44.66 on Friday. ABM Industries has a 1 year low of $40.00 and a 1 year high of $54.90. The firm has a 50-day simple moving average of $43.25 and a two-hundred day simple moving average of $45.57. The company has a market cap of $2.69 billion, a P/E ratio of 17.24 and a beta of 0.75. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.48 and a quick ratio of 1.48.

Institutional Trading of ABM Industries

A number of hedge funds have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd increased its position in ABM Industries by 590.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 608 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 520 shares during the period. Quarry LP boosted its stake in shares of ABM Industries by 667.0% during the third quarter. Quarry LP now owns 882 shares of the business services provider’s stock valued at $41,000 after purchasing an additional 767 shares in the last quarter. Federated Hermes Inc. increased its holdings in ABM Industries by 34.7% during the third quarter. Federated Hermes Inc. now owns 1,239 shares of the business services provider’s stock valued at $57,000 after buying an additional 319 shares during the period. Kiker Wealth Management LLC purchased a new position in ABM Industries during the second quarter valued at approximately $61,000. Finally, Parkside Financial Bank & Trust raised its stake in ABM Industries by 18.0% in the second quarter. Parkside Financial Bank & Trust now owns 1,612 shares of the business services provider’s stock worth $76,000 after buying an additional 246 shares in the last quarter. 91.62% of the stock is owned by hedge funds and other institutional investors.

ABM Industries Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Wednesday, January 14th will be paid a dividend of $0.29 per share. This is an increase from ABM Industries’s previous quarterly dividend of $0.27. This represents a $1.16 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Wednesday, January 14th. ABM Industries’s payout ratio is 40.93%.

About ABM Industries

ABM Industries Incorporated is a leading provider of integrated facility services, offering a comprehensive suite of solutions designed to support the operation, maintenance and enhancement of commercial properties. The company’s core services include janitorial and custodial maintenance, HVAC and mechanical systems support, electrical and lighting solutions, and energy optimization. Additional offerings span parking management, security services, landscaping, and specialized support such as technical solutions and sustainability consulting.

Serving a diverse range of markets, ABM caters to clients in commercial real estate, aviation, healthcare, manufacturing, education, government entities, and technology campuses.