ABM Industries (NYSE:ABM) Releases FY 2026 Earnings Guidance

ABM Industries (NYSE:ABM) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 3.850-4.15 for the period, compared to the consensus EPS estimate of 4.010. The company issued revenue guidance of -.

ABM Industries Stock Down 2.8%

ABM opened at $45.88 on Wednesday. ABM Industries has a one year low of $40.00 and a one year high of $56.54. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 24.93 and a beta of 0.74. The business’s fifty day moving average is $43.85 and its two-hundred day moving average is $46.05. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.49 and a current ratio of 1.49.

ABM Industries (NYSE:ABM) last announced its earnings results on Wednesday, December 17th. The business services provider reported $0.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.22). ABM Industries had a return on equity of 12.12% and a net margin of 1.34%.The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.28 billion. ABM Industries has set its FY 2026 guidance at 3.850-4.15 EPS. Analysts anticipate that ABM Industries will post 3.71 EPS for the current fiscal year.

ABM Industries declared that its board has authorized a share buyback program on Friday, September 5th that authorizes the company to repurchase $150.00 million in shares. This repurchase authorization authorizes the business services provider to repurchase up to 5% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

ABM has been the subject of a number of recent research reports. UBS Group lifted their price objective on ABM Industries from $54.00 to $55.00 and gave the stock a “buy” rating in a research report on Monday, September 8th. Baird R W lowered shares of ABM Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 8th. Robert W. Baird reissued a “neutral” rating and set a $54.00 price objective (down previously from $56.00) on shares of ABM Industries in a research note on Monday, September 8th. Weiss Ratings restated a “hold (c)” rating on shares of ABM Industries in a research report on Wednesday, October 8th. Finally, Wall Street Zen downgraded ABM Industries from a “buy” rating to a “hold” rating in a report on Saturday. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $55.67.

Institutional Trading of ABM Industries

Large investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd boosted its holdings in ABM Industries by 590.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 608 shares of the business services provider’s stock worth $28,000 after acquiring an additional 520 shares during the period. Quarry LP lifted its position 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 worth $41,000 after purchasing an additional 767 shares in the last quarter. Headlands Technologies LLC purchased a new position in shares of ABM Industries in the second quarter valued at $94,000. Quadrant Capital Group LLC acquired a new stake in ABM Industries during the 3rd quarter valued at $177,000. Finally, PharVision Advisers LLC purchased a new stake in ABM Industries during the 3rd quarter worth $236,000. 91.62% of the stock is currently owned by institutional investors and hedge funds.

ABM Industries Company Profile

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.