ABM Industries (ABM) Scheduled to Post Quarterly Earnings on Wednesday

ABM Industries (NYSE:ABM) will be announcing its earnings results after the market closes on Wednesday, December 18th. Analysts expect the company to announce earnings of $0.62 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Shares of NYSE ABM opened at $38.07 on Wednesday. The stock has a market cap of $2.53 billion, a PE ratio of 20.14 and a beta of 0.63. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.58. ABM Industries has a 52-week low of $25.64 and a 52-week high of $42.67. The business has a 50-day moving average price of $37.73 and a 200 day moving average price of $38.22.

A number of analysts recently issued reports on ABM shares. Robert W. Baird set a $38.00 target price on ABM Industries and gave the company a “hold” rating in a research report on Friday, September 6th. ValuEngine cut ABM Industries from a “hold” rating to a “sell” rating in a research report on Friday, September 6th. William Blair started coverage on ABM Industries in a research report on Thursday, August 15th. They issued a “market perform” rating for the company. Finally, Maxim Group set a $50.00 target price on ABM Industries and gave the company a “buy” rating in a research report on Tuesday, September 3rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $41.96.

In related news, EVP Rene Jacobsen sold 1,600 shares of the company’s stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $38.00, for a total value of $60,800.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last three months, insiders sold 4,800 shares of company stock valued at $182,400. Insiders own 0.94% of the company’s stock.

About ABM Industries

ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. It operates through Business & Industry, Aviation, Technology & Manufacturing, Education, Technical Solutions, and Healthcare segments. The company offers janitorial, electrical and lighting, energy, facilities engineering, HVAC and mechanical, landscape and turf, mission critical, and parking solutions.

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Earnings History for ABM Industries (NYSE:ABM)

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