FY2026 EPS Forecast for ABM Industries Raised by Analyst

ABM Industries Incorporated (NYSE:ABM) – Investment analysts at Zacks Research upped their FY2026 earnings per share (EPS) estimates for shares of ABM Industries in a report issued on Tuesday, September 29th. Zacks Research analyst Team now expects that the business services provider will post earnings of $3.99 per share for the year, up from their prior estimate of $3.92. The consensus estimate for ABM Industries’ current full-year earnings is $4.01 per share. Zacks Research also issued estimates for ABM Industries’ Q1 2027 earnings at $0.89 EPS, FY2027 earnings at $4.23 EPS, Q2 2028 earnings at $1.07 EPS, Q3 2028 earnings at $1.15 EPS and FY2028 earnings at $4.49 EPS.

ABM Industries (NYSE:ABM) last announced its quarterly earnings data on Tuesday, September 8th. The business services provider reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. ABM Industries had a net margin of 1.82% and a return on equity of 12.46%. The business had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter in the prior year, the firm earned $0.82 EPS. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. ABM Industries has set its FY 2026 guidance at 3.950-4.100 EPS.

Several other brokerages also recently issued reports on ABM. Robert W. Baird boosted their price target on shares of ABM Industries from $48.00 to $53.00 and gave the company a “neutral” rating in a report on Wednesday, September 9th. UBS Group raised their price target on shares of ABM Industries from $45.00 to $51.50 and gave the company a “neutral” rating in a research note on Wednesday, September 9th. Truist Financial boosted their price objective on ABM Industries from $45.00 to $49.00 and gave the stock a “hold” rating in a research report on Monday, September 14th. Finally, Weiss Ratings upgraded ABM Industries from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $50.88.

ABM Industries Trading Down 0.7%

NYSE:ABM opened at $48.68 on Wednesday. The firm has a market capitalization of $2.85 billion, a P/E ratio of 17.58, a P/E/G ratio of 1.36 and a beta of 0.68. The business has a 50 day simple moving average of $48.31 and a 200 day simple moving average of $43.77. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.42 and a quick ratio of 1.42. ABM Industries has a 12-month low of $36.96 and a 12-month high of $51.29.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new position in shares of ABM Industries during the 2nd quarter valued at about $281,000. IFP Advisors Inc raised its holdings in shares of ABM Industries by 183.7% in the 2nd quarter. IFP Advisors Inc now owns 590 shares of the business services provider’s stock worth $26,000 after purchasing an additional 382 shares in the last quarter. Allworth Financial LP raised its holdings in shares of ABM Industries by 115.1% in the 2nd quarter. Allworth Financial LP now owns 2,642 shares of the business services provider’s stock worth $117,000 after purchasing an additional 1,414 shares in the last quarter. Nykredit A S bought a new stake in ABM Industries during the second quarter worth approximately $36,000. Finally, Corient Private Wealth LP grew its position in ABM Industries by 83.5% in the second quarter. Corient Private Wealth LP now owns 64,731 shares of the business services provider’s stock worth $2,864,000 after buying an additional 29,460 shares during the last quarter. 91.62% of the stock is owned by institutional investors and hedge funds.

ABM Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 1st will be issued a $0.29 dividend. The ex-dividend date is Thursday, October 1st. This represents a $1.16 annualized dividend and a dividend yield of 2.4%. ABM Industries’s dividend payout ratio is 41.88%.

ABM Industries Company Profile

ABM Industries Incorporated (NYSE: ABM) is a provider of integrated facility and workplace solutions. The company helps organizations operate and maintain their buildings and infrastructure through services that include janitorial and custodial work, engineering and maintenance, electrical and lighting solutions, HVAC services, landscaping, energy management, and facility operations.

ABM also provides specialized services for aviation, parking, education, healthcare, manufacturing, logistics, commercial real estate, sports and entertainment venues, and government facilities.