ABM Industries, Inc. (NYSE:ABM) has been given an average recommendation of “Buy” by the six research firms that are presently covering the stock, AnalystRatingsNetwork.com reports. One investment analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $27.75.

Several research firms have weighed in on ABM. TheStreet raised ABM Industries from a “hold” rating to a “buy” rating in a research report on Wednesday, November 11th. Zacks Investment Research cut ABM Industries from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 3rd.

Several hedge funds and institutional investors have recently modified their holdings of the stock. Benjamin F. Edwards & Company purchased a new position in shares of ABM Industries during the fourth quarter worth approximately $0. Simplex Trading boosted its position in shares of ABM Industries by 20.0% in the fourth quarter. Simplex Trading now owns 18 shares of the company’s stock worth $0 after buying an additional 3 shares in the last quarter. Baker Ellis Asset Management boosted its position in shares of ABM Industries by 7.9% in the fourth quarter. Baker Ellis Asset Management now owns 13,600 shares of the company’s stock worth $387,000 after buying an additional 1,000 shares in the last quarter. Creative Planning boosted its position in shares of ABM Industries by 7.8% in the fourth quarter. Creative Planning now owns 13,800 shares of the company’s stock worth $393,000 after buying an additional 1,000 shares in the last quarter. Finally, Quantitative Systematic Strategies purchased a new position in shares of ABM Industries during the fourth quarter worth approximately $570,000.

ABM Industries (NYSE:ABM) opened at 30.03 on Tuesday. ABM Industries has a 12 month low of $26.50 and a 12 month high of $34.00. The company has a market cap of $1.68 billion and a PE ratio of 22.63. The company has a 50 day moving average price of $28.42 and a 200-day moving average price of $29.79.

ABM Industries (NYSE:ABM) last announced its quarterly earnings results on Tuesday, December 8th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.01. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.36 billion. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.52 EPS. Equities analysts predict that ABM Industries will post $1.46 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, February 1st. Stockholders of record on Thursday, January 7th will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, January 5th. This is a boost from ABM Industries’s previous quarterly dividend of $0.15. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.20%.

ABM Industries Incorporated (NYSE:ABM) is a provider of integrated facility solutions. The Company provides end-to-end integrated facilities management services to commercial, governmental, industrial, institutional, residential, and retail client facilities in cities, primarily throughout the United States. ABM’s capabilities include facility services, energy solutions, commercial cleaning, maintenance and repair, heating, ventilation, and air conditioning (HVAC), electrical, landscaping, parking and security, through stand-alone or integrated solutions. The Company’s onsite businesses consist of Janitorial, Facility Services, Parking and Security segments. Its mobile and on-demand businesses consist of the Building & Energy Solutions segment, and certain unconsolidated affiliates that provide facility solutions, primarily to the U.S. Government, which complement the other operations of the Building & Energy Solutions segment. The Company’s new segment, Other, is comprised of Air Serv.

12 Month Chart for NYSE:ABM

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