ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. The company operates through Business & Industry, Technology & Manufacturing, Education, Aviation, and Technical Solutions segments. It provides janitorial, facilities engineering, parking, custodial, landscaping and ground, and mechanical and electrical services; and vehicle maintenance and other services to rental car providers. The company was founded in 1909 and is headquartered in New York, New York.
IPO Year:
Exchange: NYSE
Website: abm.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/9/2025 | $56.00 | Neutral → Outperform | Robert W. Baird |
| 6/9/2025 | $54.00 | Neutral → Buy | UBS |
| 11/13/2023 | $43.00 | Hold | Truist |
| 9/8/2023 | $65.00 → $43.00 | Buy → Hold | Deutsche Bank |
| 9/7/2023 | Outperform → Mkt Perform | William Blair | |
| 6/1/2023 | $48.00 | Neutral | UBS |
| 3/9/2023 | $52.00 → $51.00 | Outperform → Neutral | Robert W. Baird |
| 6/21/2022 | $50.00 | Neutral → Outperform | Robert W. Baird |
| 3/30/2022 | $62.00 | Buy | Deutsche Bank |
| 12/21/2021 | $60.00 → $55.00 | Overweight | Keybanc |
3 - ABM INDUSTRIES INC /DE/ (0000771497) (Issuer)
4 - ABM INDUSTRIES INC /DE/ (0000771497) (Issuer)
4 - ABM INDUSTRIES INC /DE/ (0000771497) (Issuer)
4 - ABM INDUSTRIES INC /DE/ (0000771497) (Issuer)
4 - ABM INDUSTRIES INC /DE/ (0000771497) (Issuer)
4 - ABM INDUSTRIES INC /DE/ (0000771497) (Issuer)
4 - ABM INDUSTRIES INC /DE/ (0000771497) (Issuer)
4 - ABM INDUSTRIES INC /DE/ (0000771497) (Issuer)
4 - ABM INDUSTRIES INC /DE/ (0000771497) (Issuer)
4 - ABM INDUSTRIES INC /DE/ (0000771497) (Issuer)
Robert W. Baird upgraded ABM Industries from Neutral to Outperform and set a new price target of $56.00
UBS upgraded ABM Industries from Neutral to Buy and set a new price target of $54.00
Truist initiated coverage of ABM Industries with a rating of Hold and set a new price target of $43.00
Deutsche Bank downgraded ABM Industries from Buy to Hold and set a new price target of $43.00 from $65.00 previously
William Blair downgraded ABM Industries from Outperform to Mkt Perform
UBS initiated coverage of ABM Industries with a rating of Neutral and set a new price target of $48.00
Robert W. Baird downgraded ABM Industries from Outperform to Neutral and set a new price target of $51.00 from $52.00 previously
Robert W. Baird upgraded ABM Industries from Neutral to Outperform and set a new price target of $50.00
Deutsche Bank initiated coverage of ABM Industries with a rating of Buy and set a new price target of $62.00
Keybanc reiterated coverage of ABM Indus with a rating of Overweight and set a new price target of $55.00 from $60.00 previously
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8-K - ABM INDUSTRIES INC /DE/ (0000771497) (Filer)
New Relationship Expands ABM's Southeast Footprint, Bringing Essential Janitorial Services to Nashville's Most Dynamic Live-Work-Play Destination ABM (NYSE:ABM), a leading provider of facility services, has entered into a new strategic partnership with Nashville Yards. As part of the multi-year agreement, brokered by AEG Global Partnerships and Southwest Value Partners, ABM has been named an Official Partner of the 19-acre downtown development, further expanding its presence in Nashville and reinforcing its operational expertise in high-profile urban environments. ABM will deliver a comprehensive suite of janitorial services across Nashville Yards, including the base buildings of the Am
MIAMI, June 17, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility, engineering, and infrastructure solutions, is proud to announce a new five-year partnership valued at approximately $125 million with Miami-Dade County to provide comprehensive janitorial, smart facility, and integrated maintenance services at Miami International Airport ("MIA"). This agreement includes the full deployment of ABM ConnectTM, the company's industry-leading technology and data intelligence platform, including the most integrated Smart Restroom monitoring solution ABM has implemented to date. Through this new agreement, ABM will serve as a key partner in supporting MIA's Modernization i
NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility, engineering, and infrastructure solutions, today announced the appointment of Carol Clements to its Board of Directors. Ms. Clements is a proven technology and digital transformation leader with more than 25 years of experience across the aviation, hospitality, and consulting industries. Ms. Clements currently serves as Chief Digital and Technology Officer at JetBlue Airways Corporation, where she is responsible for the airline's technology and innovation strategy, and leads the development and implementation of advanced digital solutions that drive operational efficiency and elevate the customer
ORLANDO, Fla., June 11, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility, engineering, and infrastructure solutions, has been awarded a new contract by the Greater Orlando Aviation Authority (GOAA) to provide parking and employee shuttle services at Orlando International Airport (MCO). With this 10-year agreement valued at approximately $300 million, ABM is now the trusted partner delivering both parking and shuttle transportation services at MCO, one of the busiest and fastest-growing airports in the United States. The MCO shuttle program will be enabled with ABM Vantage™, ABM's advanced mobility intelligence platform which will deliver real-time data and analytics
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today announced the promotion of David Orr, a long-tenured executive of ABM who most recently served as Senior Vice President, Financial Planning and Analysis, to the position of Executive Vice President and Chief Financial Officer. Orr succeeds Earl Ellis, who has served as CFO since November 2020. "David's appointment as CFO reflects the strength of the talent we've cultivated across ABM," said Scott Salmirs, President and Chief Executive Officer of ABM. "He has a deep understanding of our industry and our business, strong financial acumen, and a steadfast commitment to our culture of o
Revenue up 4.6% to $2.1 billion, with organic growth contributing 3.8% Business & Industry and Manufacturing & Distribution return to organic revenue growthNet income of $42.2 million and earnings per diluted share of $0.67, versus $43.8 million and $0.69 in the prior year, respectively Adjusted net income of $54.1 million and adjusted earnings per diluted share of $0.86, versus $52.3 million, or $0.82 in the prior year, respectivelyAdjusted EBITDA of $125.9 million versus $121.0 million in the prior yearReaffirms full year adjusted EPS outlook of $3.65 to $3.80 (1) NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today announced fina
NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today announced that it will release its financial results for the Company's fiscal second quarter 2025 on Friday, June 6, 2025, before market open. ABM will host its quarterly conference call for all interested parties on Friday, June 6, 2025, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors' section of the Company's website, www.abm.com, or by dialing (877) 451-6152 (domestic) or (201) 389-0879 (international) approximately 15 minutes prior to the scheduled time. A supplemental presentation will accompany the webcast on the Company's website.
Revenue up 2.2% to $2.1 billion, including organic growth of 1.6%Net income of $43.6 million and earnings per diluted share of $0.69, versus $44.7 million and $0.70 in the prior year, respectively Adjusted net income of $55.3 million and adjusted earnings per diluted share of $0.87, as compared to $54.8 million, or $0.86 in the prior year, respectivelyAdjusted EBITDA of $120.6 million versus $116.7 million in the prior yearIncreases lower end of fiscal 2025 adjusted EPS outlook by $0.05, now projecting full year adjusted EPS between $3.65 to $3.80 (1) NEW YORK, March 12, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today announced financial results fo
NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today announced the successful expansion and extension of its senior secured credit agreement. The expanded credit facility now totals $2.2 billion, comprising a $1.6 billion revolving credit facility and a $600 million amortizing term loan, with a maturity date of February 26, 2030. The amended facility replaces ABM's prior credit agreement, which was scheduled to mature on June 28, 2026. The previous facility totaled $1.95 billion, consisting of a $1.3 billion revolving credit facility and a $650 million amortizing term loan. Prior to the amendment, the outstanding balance on the exis
NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today announced that it will release its financial results for the Company's fiscal first quarter 2025 on Wednesday, March 12, 2025, before market open. ABM will host its quarterly conference call for all interested parties on Wednesday, March 12, 2025, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors' section of the Company's website, www.abm.com, or by dialing (877) 451-6152 (domestic) or (201) 389-0879 (international) approximately 15 minutes prior to the scheduled time. A supplemental presentation will accompany the webcast on the Company'
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Revenue up 4.6% to $2.1 billion, with organic growth contributing 3.8% Business & Industry and Manufacturing & Distribution return to organic revenue growthNet income of $42.2 million and earnings per diluted share of $0.67, versus $43.8 million and $0.69 in the prior year, respectively Adjusted net income of $54.1 million and adjusted earnings per diluted share of $0.86, versus $52.3 million, or $0.82 in the prior year, respectivelyAdjusted EBITDA of $125.9 million versus $121.0 million in the prior yearReaffirms full year adjusted EPS outlook of $3.65 to $3.80 (1) NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today announced fina
NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today announced that it will release its financial results for the Company's fiscal second quarter 2025 on Friday, June 6, 2025, before market open. ABM will host its quarterly conference call for all interested parties on Friday, June 6, 2025, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors' section of the Company's website, www.abm.com, or by dialing (877) 451-6152 (domestic) or (201) 389-0879 (international) approximately 15 minutes prior to the scheduled time. A supplemental presentation will accompany the webcast on the Company's website.
Revenue up 2.2% to $2.1 billion, including organic growth of 1.6%Net income of $43.6 million and earnings per diluted share of $0.69, versus $44.7 million and $0.70 in the prior year, respectively Adjusted net income of $55.3 million and adjusted earnings per diluted share of $0.87, as compared to $54.8 million, or $0.86 in the prior year, respectivelyAdjusted EBITDA of $120.6 million versus $116.7 million in the prior yearIncreases lower end of fiscal 2025 adjusted EPS outlook by $0.05, now projecting full year adjusted EPS between $3.65 to $3.80 (1) NEW YORK, March 12, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today announced financial results fo
NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today announced that it will release its financial results for the Company's fiscal first quarter 2025 on Wednesday, March 12, 2025, before market open. ABM will host its quarterly conference call for all interested parties on Wednesday, March 12, 2025, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors' section of the Company's website, www.abm.com, or by dialing (877) 451-6152 (domestic) or (201) 389-0879 (international) approximately 15 minutes prior to the scheduled time. A supplemental presentation will accompany the webcast on the Company'
Revenue of $2.2 billion in the fourth quarter, including 3.2% organic growth Net loss of $11.7 million and GAAP loss per share of $0.19 in the fourth quarter, largely reflecting a $59.7 million adjustment to the RavenVolt acquisition cash earn-out Adjusted EBITDA of $128.0 million in the fourth quarter Adjusted EPS of $0.90 in the fourth quarterRepurchased $32.0 million of common stock in the fourth quarter and $55.8 million for full fiscal 2024Raises quarterly dividend 18%, as previously announcedFiscal 2025 adjusted earnings per share expected to be in range of $3.60 to $3.80 (1) NEW YORK, Dec. 18, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today
NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today announced that its Board of Directors has approved a quarterly cash dividend of $0.265 per common share, which is a 18% increase from the prior quarterly cash dividend of $0.225 per common share. The increased dividend is payable on February 3, 2025, to shareholders of record on January 2, 2025. This will be the Company's 235th consecutive quarterly cash dividend and represents the 57th consecutive year of ABM raising its dividend. Sudhakar Kesavan, Chairman of the Board of Directors of ABM, commented, "This dividend increase reflects the Board's continued confidence in ABM's growth
NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today announced that it will release its financial results for the Company's fiscal fourth quarter 2024 on Wednesday, December 18, 2024, before market open. ABM will host its quarterly conference call for all interested parties on Wednesday, December 18, 2024, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors' section of the Company's website, www.abm.com, or by dialing (877) 451-6152 (domestic) or (201) 389-0879 (international) approximately 15 minutes prior to the scheduled time. A supplemental presentation will accompany the webcast on the C
Revenue up 3.3% to $2.1 billion, including organic growth of 2.8%Net income of $4.7 million and GAAP EPS of $0.07, each down 95%, largely reflecting the increased likelihood of a cash earn-out payment under the Ravenvolt acquisition agreementAdjusted net income of $59.5 million and Adjusted EPS of $0.94, up 13% and 19%, respectivelyAdjusted EBITDA of $128.1 million, up 2%Raises outlook for fiscal year 2024 Adjusted EPS to $3.48 to $3.55, from $3.40 to $3.50 (1) NEW YORK, Sept. 06, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today announced financial results for the third quarter of fiscal 2024. "ABM's strong third quarter performance is further vali
NEW YORK, Aug. 22, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today announced that it will release its financial results for the Company's fiscal third quarter 2024 on Friday, September 6, 2024, before market open. ABM will host its quarterly conference call for all interested parties on Friday, September 6, 2024, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors' section of the Company's website, www.abm.com, or by dialing (877) 451-6152 (domestic) or (201) 389-0879 (international) approximately 15 minutes prior to the scheduled time. A supplemental presentation will accompany the webcast on the Company'
Revenue up 2% to $2.0 billion, all organic growthNet income of $43.8 million and GAAP EPS of $0.69, declines of 16% and 12%, respectivelyAdjusted EBITDA of $125.3 million, down 9%Adjusted EPS of $0.87, down 3%Operating cash flow of $117.0 million and free cash flow of $101.4 million, both up significantlyRaises outlook for fiscal year 2024 adjusted EPS to $3.40 to $3.50, up from $3.30 to $3.45 (1) NEW YORK, June 06, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today announced financial results for the second quarter of fiscal 2024. "We are pleased with our second quarter results, which were driven by our team's outstanding execution and highlighted b
NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility, engineering, and infrastructure solutions, today announced the appointment of Carol Clements to its Board of Directors. Ms. Clements is a proven technology and digital transformation leader with more than 25 years of experience across the aviation, hospitality, and consulting industries. Ms. Clements currently serves as Chief Digital and Technology Officer at JetBlue Airways Corporation, where she is responsible for the airline's technology and innovation strategy, and leads the development and implementation of advanced digital solutions that drive operational efficiency and elevate the customer
NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), one of the world's largest providers of integrated facility services, infrastructure solutions and parking management, today announced the appointment of Miranda Tolar as Executive Vice President and General Counsel effective January 1, 2025. In this critical role for the Company, Tolar will oversee the legal, compliance, risk and safety organization, succeeding Andrea Newborn who recently announced her retirement. Newborn will remain with the company through a transition period ending in February 2025. First joining ABM in 2011, Tolar most recently served as Senior Vice President and Deputy General Counsel overseeing l
UGI Corporation (NYSE:UGI) announced today that Melanie Ruiz and David Bingenheimer were appointed as directors of UGI Corporation, effective November 1, 2024. Ms. Ruiz serves as Chief Information and Technology Officer for ABM Industries (NYSE:ABM), a position she has held since joining ABM in 2020. ABM is one of the world's largest providers of integrated facility solutions that includes janitorial, engineering, parking, electrical & lighting, energy solutions, HVAC & mechanical, landscape & turf, and mission critical solutions. Ms. Ruiz's responsibilities at ABM Industries include leading ABM's enterprise-wide technology strategy and operations as well as ABM's robust cybersecurity and
NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, today announced it has been named one of Selling Power Magazine's 60 Best Companies to Sell For in 2024. This is the third consecutive year ABM has been named to the list, recognizing the top companies leading in the alignment of people, processes, and technologies to create effective sales cultures. "We are honored to once again be recognized as one of the best companies to sell for, reflecting our industry-leading sales culture across ABM," said Sean Mahoney, EVP, Sales and Marketing at ABM. "A key pillar of ABM's ELEVATE strat
NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility services, infrastructure solutions, and parking management today announced a 10-year partnership with Utica University to help transform its campus-wide facilities management operations and create engaging and sustainable spaces for students, faculty and staff. As one of the largest providers of higher education facility solutions in the United States, ABM will bring its industry-leading expertise to the Utica, New York, campus through its ABM Performance Solutions™ model, providing a holistic "one team" approach for all facilities services performed across the campus. "We're excited to begin this
NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, has been recognized as one of the 2024 Best Places to Work in Healthcare by Modern Healthcare. This is the seventh time ABM has been named to the list, which recognizes outstanding employers in the healthcare industry nationwide. "Providing a great experience for our clients begins with a great experience for our team members," said Valerie Burd, President, Business & Industry at ABM. "Receiving this recognition for the seventh time is a testament to our Healthcare team's ongoing commitment to creating a culture of caring and exce
NEW YORK, April 18, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, today announced it has been named a 2024 VETS Indexes 3 Star Employer. The award recognizes the Company's commitment to recruiting, hiring, retaining, developing, and supporting veterans and the military-connected community. "We greatly value the contributions and unique experience of our nation's active military personnel, reservists, and veterans, and are thrilled to receive the VETS Indexes 3 Star Employer Award. This honor recognizes ABM's unwavering commitment to supporting and empowering our veterans and the military commu
PHOENIX, March 04, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility services, infrastructure solutions, and parking management, has entered into a multi-year agreement to deliver first-class housekeeping solutions and event staffing for Major League Baseball's ("MLB") defending National League Champion Arizona Diamondbacks and Chase Field. Through this partnership, ABM will serve as a single source for deploying a professional workforce dedicated to delivering outstanding janitorial services which enhance the fan experience across the over 1.3 million square feet at the downtown ballpark. This agreement with the Diamondbacks expands ABM's portfolio of MLB clients t
BRC Inc., the parent company of Black Rifle Coffee Company (NYSE:BRCC) ("BRCC" or the "Company"), a rapidly growing and mission-driven coffee company founded to support Veterans, active-duty military, and first responders and serve a broad customer base by connecting consumers with great coffee and a unique brand experience, today announced the appointment of Stephen Kadenacy as Chief Financial Officer. Mr. Kadenacy brings more than thirty years of experience to BRCC and will support the Company's efforts to further build on its strong brand momentum to drive profitable, sustainable growth and investor returns. Mr. Kadenacy, who is the former CFO of AECOM (NYSE:ACM), is a significant shar
Adds Extensive Executive-Level Leadership and Human Resources Experience HOUSTON, June 26, 2023 /PRNewswire/ -- Quanta Services, Inc. (NYSE:PWR) announced today the appointment of Raúl J. Valentín to the company's Board of Directors. He brings extensive executive-level leadership and human resources experience and expertise to Quanta's board. David McClanahan, Quanta Services' independent Chairman of the Board, commented, "We are pleased to welcome Raúl to the Quanta Services Board of Directors. He is an accomplished public company human resources executive with extensive peop