Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
ABM Industries Inc (NYSE: ABM) closed the day trading at $46.78 down -0.59% from the previous closing price of $47.06. In other words, the price has decreased by -$0.59 from its previous closing price. On the day, 0.64 million shares were traded. ABM stock price reached its highest trading level at $47.88 during the session, while it also had its lowest trading level at $46.53.
Ratios:
For a better understanding of ABM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 45.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.40. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.79.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Truist on November 13, 2023, initiated with a Hold rating and assigned the stock a target price of $43.
On September 08, 2023, Deutsche Bank Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $65 to $43.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 03 ’25 when JACOBSEN RENE sold 10,000 shares for $52.84 per share. The transaction valued at 528,369 led to the insider holds 87,808 shares of the business.
JACOBSEN RENE bought 10,000 shares of ABM for $528,369 on Feb 03 ’25. On Jan 14 ’25, another insider, CHIN DEAN A, who serves as the SVP – Chief Accounting Officer of the company, sold 4,281 shares for $52.36 each. As a result, the insider received 224,136 and left with 18,681 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ABM now has a Market Capitalization of 2911184896 and an Enterprise Value of 4512186368. As of this moment, ABM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.62, and their Forward P/E ratio for the next fiscal year is 11.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 1.63. Its current Enterprise Value per Revenue stands at 0.537 whereas that against EBITDA is 10.826.
Stock Price History:
The Beta on a monthly basis for ABM is 1.05, which has changed by 0.09299064 over the last 52 weeks, in comparison to a change of 0.09506309 over the same period for the S&P500. Over the past 52 weeks, ABM has reached a high of $59.78, while it has fallen to a 52-week low of $41.51. The 50-Day Moving Average of the stock is -10.57%, while the 200-Day Moving Average is calculated to be -11.48%.
Shares Statistics:
Over the past 3-months, ABM traded about 412.49K shares per day on average, while over the past 10 days, ABM traded about 735370 shares per day. A total of 62.20M shares are outstanding, with a floating share count of 61.17M. Insiders hold about 1.70% of the company’s shares, while institutions hold 95.16% stake in the company. Shares short for ABM as of 1740700800 were 1541267 with a Short Ratio of 3.74, compared to 1738281600 on 1625496. Therefore, it implies a Short% of Shares Outstanding of 1541267 and a Short% of Float of 3.53.
Dividends & Splits
ABM’s forward annual dividend rate is 0.94, up from 0.94 a year ago. Against a Trailing Annual Dividend Yield of 0.0199745The stock’s 5-year Average Dividend Yield is 1.85. The current Payout Ratio is 70.32% for ABM, which recently paid a dividend on 2025-01-02 with an ex-dividend date of 1743638400. Stock splits for the company last occurred on 2002-05-07 when the company split stock in a 2:1 ratio.
