ABM Industries(ABM)
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Why Is ABM Industries (ABM) Up 3.6% Since Last Earnings Report?
ZACKS· 2026-01-16 17:31
Core Viewpoint - ABM Industries reported mixed results for Q4 fiscal 2025, with earnings per share (EPS) missing estimates while revenues exceeded expectations, leading to questions about the sustainability of its recent positive stock performance [3][2]. Financial Performance - ABM's EPS was 88 cents, missing the Zacks Consensus Estimate by 20% and declining 2.2% year-over-year [3]. - Total revenues reached $2.3 billion, surpassing the consensus mark by 1.2% and increasing 5.4% from the previous year [3]. Segmental Revenues - The Business & Industry segment's revenues increased 2.3% year-over-year to $1 billion, meeting estimates [4]. - The education segment's revenues were $233.7 million, up 1.6% from the year-ago quarter, also meeting projections [4]. - The Manufacturing & Distribution segment's revenues rose 7.7% to $417.4 million, exceeding expectations [5]. - The Aviation segment's revenues increased 7.3% to $296.7 million, surpassing estimates [5]. - Technical solutions revenues gained 16% to $298.7 million but missed the estimate of $314.7 million [6]. Profitability Performance - Adjusted EBITDA was $124.2 million, down 1.1% year-over-year, with an adjusted EBITDA margin of 5.6%, declining 60 basis points from the previous year [7]. Balance Sheet & Cash Flow - Cash and cash equivalents at the end of Q4 fiscal 2025 were $104.1 million, up from $69.3 million in the previous quarter [8]. - Long-term debt remained flat at $1.5 billion [8]. - Net cash generated by operating activities was $133.4 million, with free cash flow of $112.7 million [8]. FY26 Guidance - For fiscal 2026, ABM expects adjusted EPS to be at the lower end of the range of $3.85-$4.15 [9]. Market Sentiment - There has been an upward trend in estimates for ABM in the past month, indicating positive market sentiment [10]. - ABM Industries holds a Zacks Rank 3 (Hold), suggesting an expectation of in-line returns in the coming months [13].
City of Alexandria's DASH Partners with ABM to Support EV Bus Charging Infrastructure
Globenewswire· 2026-01-15 13:09
Core Insights - ABM has been selected by DASH to provide EV charging infrastructure for the electrification of Alexandria's public bus fleet [2][3] - The project includes the installation of an in-route pantograph charger, power cabinets, and electrical infrastructure, allowing buses to charge while in service [3] - This initiative is part of a broader electrification plan for DASH, which serves over 15,000 riders daily and aims to enhance operational efficiency and reduce greenhouse gas emissions [4][6] Company Overview - ABM is a leading provider of integrated facility, engineering, and infrastructure solutions, with over 100,000 team members [7] - The company generates over $8 billion in annual revenue and serves various sectors including commercial real estate, aviation, and education [8] - ABM focuses on innovative technologies and sustainable solutions to enhance facilities and meet evolving challenges [8]
City of Alexandria’s DASH Partners with ABM to Support EV Bus Charging Infrastructure
Globenewswire· 2026-01-15 13:09
Core Insights - ABM has been selected by DASH to provide essential EV charging infrastructure, marking a significant step in the electrification of Alexandria's public bus fleet [3][4] - The project includes the installation of an in-route pantograph charger and supporting electrical infrastructure, allowing DASH buses to charge while in service, thus enhancing operational flexibility [4][5] - This initiative is part of a broader electrification plan for DASH, which serves over 15,000 riders daily and aims to reduce greenhouse gas emissions while improving rider experience [5][7] Company Overview - ABM is a leading provider of energy infrastructure and facility solutions, with over 100,000 team members and annual revenues exceeding $8 billion [8][9] - The company serves various sectors, including commercial real estate, aviation, education, and manufacturing, focusing on innovative technologies and sustainable solutions [9] Project Details - The installation was completed under the EV Charging Station Equipment and Services cooperative purchasing agreement, facilitating streamlined procurement for public entities [6] - The project aims to enhance service reliability for DASH riders and provides a scalable solution for future electrification phases [7]
What Investors Should Know About a $13 Million Exit From ABM Industries Stock
Yahoo Finance· 2026-01-09 15:23
Core Insights - Goodman Financial has fully exited its position in ABM Industries, selling 283,456 shares for an estimated value of $13.07 million [2][3][6] - ABM Industries' stock has underperformed, with a 13% decline over the past year, contrasting with the S&P 500's 17% increase during the same period [4] - Despite the sale, ABM Industries reported strong financial performance, achieving record revenue of $8.7 billion in fiscal 2025, a 4.6% year-over-year increase, and generating $155 million in free cash flow [10] Company Overview - ABM Industries provides integrated facility solutions, including services such as janitorial, engineering, parking, custodial, landscaping, mechanical, and electrical services [8][9] - The company serves a diverse client base across various sectors, including Business & Industry, Technology & Manufacturing, Education, Aviation, and Technical Solutions [8] - As of the latest data, ABM Industries has a market capitalization of $2.70 billion and a revenue of $8.75 billion [5] Investment Implications - The sale of ABM shares by Goodman Financial suggests a reassessment of capital allocation, indicating that the firm believes its resources can be more effectively utilized elsewhere [10][11] - Goodman Financial's portfolio is primarily focused on broad equity ETFs and short-duration bond funds, alongside selective growth exposure [11]
ABM Strengthens Executive Leadership to Drive Technology, Strategy, and Growth
Globenewswire· 2026-01-06 13:00
Core Insights - ABM has announced the promotions of Melanie Kirkwood Ruiz to Executive Vice President and Chief Information Officer, and Tom Gallo to Executive Vice President and Chief Strategy Officer, both reporting to Scott Salmirs, President and CEO [3][5] Group 1: Leadership Changes - Melanie Kirkwood Ruiz will lead ABM's enterprise-wide technology strategy and operations, modernizing the technology ecosystem and enhancing service delivery [6][8] - Tom Gallo will oversee corporate strategy, M&A, and sustainability, shaping ABM's long-term strategic direction and integrating various strategic elements for value creation [9][10] Group 2: Achievements and Recognition - Melanie Kirkwood Ruiz has been recognized on the Forbes CIO Next List, highlighting her impact through innovation and technology strategy [7] - ABM has made significant progress in diversifying offerings, strengthening technology capabilities, and expanding into new markets, which has been essential for the company's growth [4][5] Group 3: Company Overview - ABM is a leading provider of integrated facility, engineering, and infrastructure solutions, with over 100,000 team members and annual revenue exceeding $8 billion [11][12] - The company serves various sectors, including commercial real estate, aviation, and manufacturing, focusing on creating smarter, more connected spaces [12]
Looking for Income? 5 Stocks That Recently Raised Dividends
ZACKS· 2026-01-02 14:11
Market Overview - The U.S. markets ended the final trading week of 2025 on a mixed note, with optimism over AI growth offset by caution regarding Federal Reserve policy signals [1] - Despite thin year-end liquidity, late pullbacks in all three major benchmark indexes kept the broader bull trend intact as market participants positioned for 2026 [1] Macroeconomic Indicators - Initial jobless claims fell unexpectedly by 16,000 to a seasonally adjusted 199,000 for the week ended Dec. 27, the lowest since the end of November, signaling continued labor market strength [2] - Pending home sales unexpectedly rose 3.3% in November, marking the largest seasonal rise since 2023 [2] Federal Reserve Policy - The Fed has successfully kept inflation stable and near its 2% target, with a current overnight borrowing rate in the range of 3.50-3.75% [3] - The pace of further easing may slow, even though markets are expecting two additional quarter-point cuts in 2026 [3] Dividend-Paying Stocks - Investors looking to diversify their portfolios can consider dividend-paying stocks, which indicate a healthy business model and can counter market upheavals [4] - Stocks that have raised dividends recently tend to outperform non-dividend-paying entities in a highly volatile market [4] Company Highlights The Ensign Group - The Ensign Group provides health care services in the post-acute care continuum and has a Zacks Rank 2 (Buy) [5] - On Dec. 19, ENSG declared a dividend of 7 cents a share, with a dividend yield of 0.1% [5] - Over the past five years, ENSG has increased its dividend five times, with a payout ratio of 4% of earnings [6] Invesco Mortgage Capital - Invesco Mortgage Capital is a real estate investment trust with a Zacks Rank 1 (Strong Buy) [7] - On Dec. 18, IVR declared a dividend of 36 cents a share, reflecting a dividend yield of 17.3% [7] - IVR has increased its dividend four times in the past five years, with a payout ratio of 58% of earnings [8] ABM Industries - ABM Industries is a provider of integrated facility solutions with a Zacks Rank 3 (Hold) [9] - On Dec. 17, ABM announced a dividend of 29 cents a share, yielding 2.5% [9] - Over the past five years, ABM has increased its dividend six times, with a payout ratio of 31% of earnings [11] Franklin Resources - Franklin Resources is a global investment management company with a Zacks Rank 3 [12] - On Dec. 17, BEN declared a dividend of 33 cents a share, yielding 5.5% [12] - Over the past five years, BEN has increased its dividend five times, with a payout ratio of 58% of earnings [13] Norwood Financial - Norwood Financial is a bank holding company with a Zacks Rank 3 [14] - On Dec. 16, NWFL announced a dividend of 32 cents a share, yielding 4.4% [14] - Over the past five years, NWFL has increased its dividend six times, with a payout ratio of 47% of earnings [14]
Aben Gold Receives First Payment of Option Agreement
Globenewswire· 2025-12-30 12:00
Core Viewpoint - Aben Gold Corp. has successfully received the first payment under an option agreement with Kingfisher Metals Corp., marking a significant step in the acquisition process of the Forrest Kerr Project [1][2]. Group 1: Option Agreement Details - Aben Gold has granted Kingfisher a three-year option to acquire a 100% interest in the Forrest Kerr Project, which consists of 50 mineral claims covering approximately 20,197 hectares [2]. - The total commitment for Kingfisher to earn the 100% interest includes combined cash and share issuance commitments amounting to CAD $2.7 million [2]. Group 2: Financial Terms - The first payment received by Aben Gold includes CAD $150,000 and 1,886,792 shares of Kingfisher, with the total cash payments structured as follows: - On the closing date: CAD $150,000 and shares valued at CAD $500,000 - Within 6 months: CAD $150,000 and shares valued at CAD $500,000 - Within 12 months: CAD $200,000 and shares valued at CAD $500,000 - Within 36 months: CAD $700,000 [4]. Group 3: Project Management - Kingfisher will act as the operator of the Forrest Kerr Project during the option period, indicating a collaborative approach to project development [3][5]. Group 4: Company Overview - Aben Gold Corp. is a Canadian gold exploration company with projects in the Yukon Territory and British Columbia, aiming to enhance shareholder value through new discoveries and development in favorable jurisdictions [7]. - The company currently has 23.2 million shares outstanding [8].
ABM Industries Incorporated 2025 Q4 - Results - Earnings Call Presentation (NYSE:ABM) 2025-12-27
Seeking Alpha· 2025-12-27 23:00
Group 1 - The article does not provide any relevant content regarding the company or industry [1]
Reasons Why You Should Retain ABM Industries Stock in Your Portfolio
ZACKS· 2025-12-24 17:11
Core Insights - ABM Industries (ABM) has a Growth Score of B, indicating a solid quality and sustainability of its growth, with expected earnings growth of 18.9% in fiscal 2026 and 7.9% in fiscal 2027, alongside revenue growth of 5% and 1.6% respectively [2][9] Group 1: Revenue Growth Factors - ABM's revenue growth is driven by recent client acquisitions and expansions in the Aviation and Manufacturing & Distribution sectors, including a new passenger services contract at a major global airport [3][9] - The company is focusing on the aviation sector, with several additional contracts anticipated in 2026 [3] Group 2: Technological Investments - ABM is enhancing its internal processes through investments in AI, which include automation of Request for Proposal, smarter HR support tools, and improved client-facing operations [4] Group 3: Strategic Acquisitions - ABM plans to acquire WGNSTAR, a provider of managed technical workforce solutions, expected to close in Q1 2026, which will enhance its technical capabilities and add over 1,300 skilled employees [5][9] Group 4: Shareholder Value - ABM is committed to enhancing shareholder value through consistent dividends and share buybacks, distributing $57.5 million, $56.5 million, and $65.6 million in dividends, and returning $138.1 million, $56.1 million, and $122.2 million through share repurchases in fiscal years 2023, 2024, and 2025 respectively [6] - The company's current ratio was 1.49 at the end of Q4 fiscal 2025, indicating strong liquidity compared to the industry average of 1.27 [6]
ABM Stock Price Decreases 8% Since Reporting Q4 Earnings Miss
ZACKS· 2025-12-23 17:41
Core Viewpoint - ABM reported mixed results for the fourth quarter of fiscal 2025, with earnings per share (EPS) missing estimates while revenues exceeded expectations [1][2]. Financial Performance - ABM's EPS, excluding non-recurring items, was 88 cents, missing the Zacks Consensus Estimate by 20% and declining 2.2% year over year [2]. - Total revenues reached $2.3 billion, surpassing the consensus mark by 1.2% and increasing 5.4% from the previous year [2]. - Adjusted EBITDA was $124.2 million, down 1.1% from the year-ago quarter, with an adjusted EBITDA margin of 5.6%, a decline of 60 basis points from the previous year [6]. Segment Performance - The Business & Industry segment's revenues increased 2.3% year over year to $1 billion, meeting estimates [3]. - The Education segment's revenues were $233.7 million, up 1.6% from the previous year, also meeting projections [3]. - The Manufacturing & Distribution segment's revenues rose 7.7% year over year to $417.4 million, exceeding expectations [4]. - The Aviation segment's revenues increased 7.3% year over year to $296.7 million, surpassing estimates [4]. - Technical solutions revenues gained 16% year over year to $298.7 million but missed estimates [5]. Balance Sheet and Cash Flow - At the end of the fourth quarter of fiscal 2025, ABM had cash and cash equivalents of $104.1 million, up from $69.3 million in the previous quarter [7]. - Long-term debt remained flat at $1.5 billion [7]. - Net cash generated by operating activities was $133.4 million for the quarter, with free cash flow at $112.7 million [7]. Guidance - For fiscal 2026, ABM expects adjusted EPS to be at the lower end of $3.85-$4.15, with the midpoint of $4 being higher than the Zacks Consensus Estimate of $3.98 [8].