ABM Industries Incorporated (ABM): Check-out its Performance


ABM Industries Incorporated (NYSE:ABM) changes shares on Wednesday trading session, with a change of -6.42% or -$2.44 shares. The trading starts at $37.67 and closed at $38.01 throughout the day. The trading session low price was $35.505 and day high was $38.00 on Wednesday, June 24. After the session, the Industrials sector daily volume shifted to 0.75 million while its average volume is 601.29K. In other hand, the ABM market cap reached to $2.42B. While, its current target price is $35.57 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 9.35% and up 4.13% for month. Its quarterly performance was 69.30% above, while its half year performance is down -5.75%. ABM yearly performance stood at negative -8.77% and fall -5.67% for year-to-date. Current recommendation for ABM Industries Incorporated is 2.50.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. ABM EPS (TTM) for 12-month is -0.36. EPS for this year is 78.50%, while for the next year its value is 2.18. It has an EPS of 10.20% up for past five years and for the next five years will be up 16.00%.

Let’s take a look on the analyst recommendations on ABM for the current month and previous month. For the current month, 2 of 6 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 3 as Hold. As compared with the previous month ratings, 6 analysts participate in stock recommendation. Out of 6, 0 rated it sell, 2 rated it as Buy and 4 as Hold Ratings. On the other hand, target price ranges from $27.00-$45.00. Average target price for ABM was reached at $40.00.

Blackrock Inc., Vanguard Group, Inc. (The) and ArrowMark Colorado Holdings LLC are the top three holders in ABM Industries Incorporated (ABM) stock. On Mar 30, 2020, Blackrock Inc. has 10.11 million shares which valued 246.2 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 7.98 million shares which valued at 194.39 million. On Mar 30, 2020, ArrowMark Colorado Holdings LLC has a total of 5.64 million shares which valued at 137.34 million. In the end, ArrowMark Colorado Holdings LLC have 8.46% shares outstanding of ABM Industries Incorporated (ABM) on Mar 30, 2020. The insider ownership moved to 0.90% and institutional holding shifted to 98.60%.

The company posted an EPS (TTM) of -0.36. According to the most recent quarter report on (Jul 2020), 6 analysts estimated an average EPS of 0.45, while 0.6 EPS posted a year ago period. Analyst Estimated EPS for ABM published in the report was 0.29-0.7 during the same period. Comparing with last year, the average estimated EPS was 0.6 which is equal to 0.6 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for ABM rise 2.06% for period of 200 days. SMA for 50 days was 7.49% which is showing green signal, while SMA-20 was 3.26%. The moving average value for ABM Industries Incorporated (ABM) is 33.90 and 33.46 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in ABM stock. On Jun 19, JACOBSEN RENE, EVP & Chief Fac Svcs Officer, sold 716 trading shares at the cost of $39.43, which valued at 28232.0. On Jun 08, JACOBSEN RENE, EVP & Chief Fac Svcs Officer, sold 2,148 shares at the cost of $37.00, with total shares of 29,692. On Apr 29, SCAGLIONE DIEGO ANTHONY, EVP & Chief Financial Officer, sold 3,000 shares at the cost of 35.07. After this transaction, SCAGLIONE DIEGO ANTHONY total shares reached to 65,520 which valued at 0.11 million.