Zacks Research Reduces Earnings Estimates for ABM Industries

ABM Industries Incorporated (NYSE:ABM) – Research analysts at Zacks Research decreased their FY2026 earnings per share estimates for shares of ABM Industries in a report issued on Monday, March 30th. Zacks Research analyst Team now forecasts that the business services provider will post earnings per share of $3.91 for the year, down from their previous forecast of $3.95. The consensus estimate for ABM Industries’ current full-year earnings is $3.71 per share. Zacks Research also issued estimates for ABM Industries’ FY2027 earnings at $4.37 EPS.

ABM Industries (NYSE:ABM) last issued its quarterly earnings results on Tuesday, March 10th. The business services provider reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.04). The company had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.19 billion. ABM Industries had a return on equity of 11.77% and a net margin of 1.78%.ABM Industries’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same period last year, the firm posted $0.87 earnings per share. ABM Industries has set its FY 2026 guidance at 3.850-4.150 EPS.

Several other equities research analysts have also issued reports on ABM. Maxim Group upgraded shares of ABM Industries from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a research note on Wednesday, March 11th. UBS Group reduced their price objective on shares of ABM Industries from $51.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, March 11th. Robert W. Baird reduced their target price on ABM Industries from $52.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of ABM Industries in a research report on Wednesday, January 21st. Finally, Wall Street Zen downgraded shares of ABM Industries from a “buy” rating to a “hold” rating in a report on Saturday, December 13th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $46.25.

ABM Industries Stock Performance

Shares of ABM stock opened at $38.42 on Wednesday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.50 and a current ratio of 1.50. The firm has a market cap of $2.25 billion, a price-to-earnings ratio of 15.12 and a beta of 0.73. ABM Industries has a 52 week low of $36.96 and a 52 week high of $52.94. The firm’s 50-day simple moving average is $43.04 and its two-hundred day simple moving average is $43.75.

ABM Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 4th. Investors of record on Thursday, April 2nd will be paid a dividend of $0.29 per share. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.16 annualized dividend and a yield of 3.0%. ABM Industries’s dividend payout ratio (DPR) is currently 45.67%.

Insider Buying and Selling

In related news, COO Rene Jacobsen sold 31,034 shares of the business’s stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $44.12, for a total transaction of $1,369,220.08. Following the completion of the transaction, the chief operating officer directly owned 51,714 shares in the company, valued at $2,281,621.68. The trade was a 37.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.90% of the stock is currently owned by insiders.

Institutional Trading of ABM Industries

Large investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd increased its position in shares of ABM Industries by 590.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 608 shares of the business services provider’s stock worth $28,000 after purchasing an additional 520 shares during the last quarter. First Horizon Corp lifted its position in ABM Industries by 141.4% during the fourth quarter. First Horizon Corp now owns 886 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 519 shares during the last quarter. Quarry LP grew its stake in ABM Industries by 667.0% in the 3rd quarter. Quarry LP now owns 882 shares of the business services provider’s stock worth $41,000 after buying an additional 767 shares in the last quarter. Covestor Ltd increased its holdings in shares of ABM Industries by 89.1% in the 4th quarter. Covestor Ltd now owns 1,055 shares of the business services provider’s stock worth $45,000 after buying an additional 497 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of ABM Industries in the 4th quarter worth $46,000. Institutional investors own 91.62% of the company’s stock.

More ABM Industries News

Here are the key news stories impacting ABM Industries this week:

• Positive Sentiment: Zacks raised its Q2 2026 EPS estimate to $0.92 (from $0.91) — a modest beat to the near-term quarterly outlook that can support sentiment if execution continues. Zacks revisions
• Positive Sentiment: Zacks also bumped Q4 2026 to $1.20 (from $1.19) and increased Q1 2028 to $1.02 (from $1.01), showing pockets of upward revision in later quarters. Zacks revisions
• Positive Sentiment: Q2 2027 estimate was raised to $1.05 (from $1.03), suggesting Zacks sees some recovery into FY2027. Zacks revisions
• Neutral Sentiment: Zacks published a full slate of quarterly estimates across 2026–2028, giving investors updated cadence to model seasonality and margin trends — useful but not market-moving by itself. Zacks report
• Negative Sentiment: Zacks trimmed FY2026 EPS to $3.91 (from $3.95), lowering near‑term full‑year profit expectations. Zacks revisions
• Negative Sentiment: FY2027 EPS was nudged down to $4.37 (from $4.38) — a small cut but notable given analysts’ consensus sits at $3.71, highlighting dispersion and uncertainty in forward estimates. Zacks revisions
• Negative Sentiment: Zacks lowered several quarterly forecasts (Q3 2026 to $0.96 from $0.98; Q3 2027 to $1.08 from $1.09; Q4 2027 to $1.23 from $1.24), signaling modest softness in mid‑term volume or margins. Zacks revisions

About ABM Industries

ABM Industries Incorporated is a leading provider of integrated facility services, offering a comprehensive suite of solutions designed to support the operation, maintenance and enhancement of commercial properties. The company’s core services include janitorial and custodial maintenance, HVAC and mechanical systems support, electrical and lighting solutions, and energy optimization. Additional offerings span parking management, security services, landscaping, and specialized support such as technical solutions and sustainability consulting.

Serving a diverse range of markets, ABM caters to clients in commercial real estate, aviation, healthcare, manufacturing, education, government entities, and technology campuses.