Conference Call to be Held on March 10, 2026, at 8:30 AM (ET)NEW YORK, Feb. 24, 2026 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today announced that it will release its fiscal first quarter 2026 financial results on Tuesday, March 10, 2026, before market open. ABM will host its quarterly conference call for all interested parties on Tuesday, March 10, 2026, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors’ section of the Compan ...

Core Insights - ABM Industries is experiencing revenue growth driven by its strategic plan ELEVATE, which enhances transparency and efficiency while increasing AI investments through acquisitions [1][6] - The company reported mixed fourth-quarter 2025 results, with earnings per share of 88 cents, missing estimates by 20%, while total revenues reached $2.3 billion, exceeding estimates by 1.2% and increasing by 5.4% year over year [3][12] Financial Performance - ABM's free cash flow has significantly declined, impacting its ability to invest in growth, pay debt, or return capital to shareholders, which may affect shareholder confidence [9] - The company has low profit margins and faces significant competition, which compresses pricing power and affects overall financial performance [2][8] - ABM's current ratio stands at 1.49, indicating strong liquidity compared to the industry average of 1.14, reflecting immediate financial stability [8] Strategic Initiatives - The ELEVATE plan, a continuation of the 2020 Vision plan, focuses on growth through enhanced service offerings, talent management, data usage, and modernization of the digital ecosystem [4] - The acquisition of Quality Uptime Services strengthens ABM's capabilities in the data center industry, positioning the company for revenue growth in a high-margin segment [6] Market Challenges - ABM is exposed to macroeconomic risks that could negatively impact various segments, particularly the aviation business and the leisure and business travel market [10][11] - The commercial office market faces uncertainties due to the adoption of hybrid work models, which may reduce demand for ABM's services [11]

Core Insights - Aben Gold Corp. has appointed Mike Burke to its Advisory Board, bringing over 35 years of mining industry experience, particularly in gold exploration and development in the Yukon Territory [1][2][3] Company Developments - Mike Burke has held significant leadership roles, including Director and Vice President of Corporate Development at Sitka Gold Corp, and has served as President of the Yukon Chamber of Mines [2] - Burke's extensive background includes over 20 years as Head of the Mineral Services Division within the Yukon Geological Survey and over 6 years as Chief Geologist for Golden Predator [2][3] - Aben Gold's flagship project, the 7,400-hectare Justin Gold Project, is located in the Tintina Gold Belt in southeast Yukon, adjacent to Seabridge Gold's 3 Aces Project [5] Strategic Goals - The company aims to enhance shareholder value through new discoveries and the development of exploration projects in geopolitically favorable jurisdictions [5] - Aben Gold has granted 1,200,000 incentive stock options to officers, directors, and consultants, exercisable at $0.30 per share for five years [4]

Core Insights - ABM Industries (ABM) stock increased by 11.3% over the past three months, outperforming the industry which fell by 11% [1] - The S&P 500 composite gained 2.2% during the same period [1] Financial Performance - Earnings for fiscal 2026 and 2027 are projected to rise by 18.9% and 6.5%, respectively [3] - Revenue growth is expected to be 4.9% in fiscal 2026 and 2.2% in fiscal 2027 [3] Strategic Developments - ABM strengthened its position in the semiconductor and high-technology services market by acquiring WGNSTAR, enhancing its capabilities in cleanroom operations and production tool management [4] - The company is focusing on expanding higher-margin, specialized engineering services and increasing its presence in semiconductor fabrication environments [4] - ABM partnered with the City of Alexandria Transit Company DASH to install an in-route pantograph charger, supporting fleet electrification and improving operational flexibility [5] Shareholder Value - ABM is committed to enhancing shareholder value through disciplined capital returns, including steady dividends and share repurchases [6] - In Q4 of fiscal 2025, ABM repurchased $73.0 million of stock, totaling $121.3 million for the full fiscal year, reducing outstanding shares by 4% [6] - The quarterly dividend was increased by 9% to $0.29 per share, marking 58 consecutive years of annual dividend growth [6] Liquidity Position - ABM's current ratio was 1.49 at the end of Q4 fiscal 2025, above the industry average of 1.27, indicating strong liquidity [8] Cost Pressures - ABM faces rising operating costs, which increased by 4.2% in fiscal 2023, 4.1% in fiscal 2024, and 4.7% in fiscal 2025, potentially impacting margins and earnings growth [9] Macroeconomic Risks - The company is exposed to macroeconomic uncertainties, including tariff pressures and changes in government policies that could affect input costs and project timelines [10]

Core Viewpoint - Aben Gold Corp. has appointed Mr. Milosz Mielniczuk as Vice President of Exploration, bringing over a decade of experience in mineral exploration and mining to lead the company's exploration efforts [1][4]. Group 1: Appointment Details - Mr. Mielniczuk holds a Bachelor of Science in Geology from the University of British Columbia and is a registered Professional Geoscientist (P.Geo.) with expertise in grassroots exploration, underground mining, and production geology [2]. - His career includes significant roles in various mining positions, demonstrating proficiency in prospecting, property evaluation, and discovery initiatives [2][3]. - He has previously worked as a Production Geologist at Hudbay's Copper Mountain Mine and has experience in independent prospecting and property ownership [3]. Group 2: Company Strategy and Leadership - President and CEO Riley Trimble expressed enthusiasm about Mr. Mielniczuk's alignment with the company's corporate strategy, particularly in progressing the Justin Project and exploring new opportunities in Western Canada [4]. - Cornell McDowell, the former VP Exploration, is stepping down, and the company acknowledges his contributions since 2016, including the Forrest Kerr discovery and field programs on the Justin Project [5]. Group 3: Company Overview - Aben Gold Corp. is a Canadian gold exploration company with projects in the Yukon Territory and British Columbia, including the 7,400-hectare Justin Gold Project [5]. - The company's goal is to increase shareholder value through new discoveries and developing exploration projects in geopolitically favorable jurisdictions [6]. - Aben Gold Corp. has 28.2 million shares outstanding [6].

Core Insights - ABM has completed the acquisition of WGNSTAR, enhancing its technical capabilities in the semiconductor and high-technology sectors [1][2] Company Overview - ABM is a leading provider of integrated facility, engineering, and infrastructure solutions, with over 100,000 employees and annual revenues exceeding $8 billion [3] - The company serves various sectors, including commercial real estate, aviation, mission critical, and manufacturing and distribution [3] Acquisition Details - The acquisition of WGNSTAR is expected to expand ABM's technical services portfolio, particularly in cleanroom operations and production tool management [2] - WGNSTAR's expertise and culture are seen as a strong fit for ABM's growth strategy [2]

Group 1 - The article emphasizes the importance of patience with dividend stocks, highlighting Cardinal Health (CAH) as a case where the market initially overlooked its underlying growth before it gained traction [2] - iREIT+HOYA Capital focuses on income-producing asset classes, aiming to provide sustainable portfolio income, diversification, and inflation hedging for investors [1][2] - The investment group offers research on various asset classes including REITs, ETFs, closed-end funds, preferreds, and dividend champions, targeting dividend yields up to 10% [2] Group 2 - The article does not provide any specific financial advice or recommendations, encouraging readers to conduct their own due diligence before making investment decisions [4][5] - There is a disclosure indicating that the author has no current positions in the mentioned companies but may initiate a long position in the near future [3]

Earnings Season Overview - The fourth-quarter earnings season has begun with 106 S&P 500 companies reporting results, showing 76.4% beating EPS estimates and 63.2% surpassing revenue estimates, indicating an improving earnings outlook [1][7]. Investor Sentiment - Investors are optimistic about maintaining momentum throughout the earnings season, as companies reporting better-than-expected earnings typically see an increase in stock prices, alongside easing inflation being a positive factor [2]. Stock Selection Strategy - Investors are encouraged to select stocks based on broker recommendations and upward revisions in earnings estimates, with a focus on stocks like Cardinal Health (CAH), AutoNation (AN), Target Corporation (TGT), Avnet (AVT), and ABM Industries (ABM) for potential returns [3][7]. Screening Criteria - A screening process has been established to identify stocks with improving broker recommendations and earnings estimate revisions, incorporating price/sales ratios as a valuation metric [4][5]. Stock Highlights - Cardinal Health is projected to have a 16.3% year-over-year revenue improvement for fiscal 2026 and has a long-term earnings growth rate of 14.7% [7]. - AutoNation is expanding its dealer network and enhancing digital capabilities, with a 0.3% upward revision in earnings estimates for 2026 [8][9]. - Target is undergoing a transformation with a focus on design-led merchandising and advanced analytics for better demand forecasting [10][11]. - Avnet is benefiting from strong defense and data center markets, with a focus on Internet of Things capabilities [12][13]. - ABM Industries is enhancing its position in the data center market through acquisitions and has seen a 2.2% upward revision in earnings estimates for the current year [13][14].

ABM Industries Incorporated (NYSE:ABM) is one of the 10 most undervalued industrial stocks to buy according to analysts. On January 21, Truist Securities downgraded ABM Industries (NYSE:ABM) stock to Hold from Buy, lowering its target price from $58 to $47. The main reason for the downgrade was a normalizing of trends in the Business & Industry segment, which represents 47% of the company’s revenue. Moreover, stock buybacks, which were expected to be the biggest value creation factor this year, are also un ...

Core Insights - The industrial sector is gaining attention due to geopolitical tensions and the impact of AI on automation, which is expected to drive efficiency but faces an adoption gap [1][2] - Macroeconomic conditions are improving, with the IMF projecting global growth of 3.3% for 2026, which may benefit US companies with a global presence [3] Industrial Sector Developments - The takeover of Venezuela's oil resources by Donald Trump has brought the industrial sector back into focus, particularly in Aerospace & Defense [1] - A report from Redwood Software indicates that while 98% of manufacturers are considering AI automation, only 20% feel fully prepared for large-scale deployment, suggesting a gradual adoption of AI in the industrial sector [2] Stock Analysis Methodology - The analysis focused on identifying the 10 most undervalued industrial stocks with a market cap of at least $2 billion and a forward P/E ratio below 15, representing a 40% discount to the sector's average forward P/E of over 25 [6] - Stocks were ranked based on analysts' and hedge funds' bullishness, with potential upside calculated as of January 21 [7] Notable Stocks - **Gates Industrial Corporation plc (NYSE:GTES)**: - Potential upside of 15.7% with a forward P/E of 14.72 and 34 hedge fund holders [9] - Analysts from RBC Capital and Citi have reiterated Buy ratings, with price targets suggesting further upside of 15.7% and 22.86% respectively [10][11] - Barclays maintained its price target, indicating an 11.5% upside [12] - **ABM Industries Incorporated (NYSE:ABM)**: - Potential upside of 16.74% with a forward P/E of 10.52 and 24 hedge fund holders [14] - Truist Securities downgraded the stock to Hold, lowering its target price due to normalizing trends in its Business & Industry segment [14] - UBS also downgraded the stock, citing limited flexibility for capital deployment and a flat margin trajectory [15]