ABM Industries Incorporated Stock News

The market's recent pullback is over. The S&P has hit record highs, driven by strong earnings growth potential through 2027. Despite the S&P 500's historically high PEGY ratio, robust growth forecasts (10%–15% annual EPS through 2026) mean valuations alone won't necessarily trigger a bear market. These 10‐stock dividend aristocrats are 37% undervalued. They offer an average yield of 3.4% and, i...

The Dividend Kings underperformed the broad U.S. equity market in 2024, achieving a 5.53% total return compared to the S&P 500's 24.89%. 2024 returns for the Dividend Kings were primarily driven by earnings growth and dividends, with the change in P/E ratio being a detractor. I breakdown the components of total return for each Dividend King by sector to gain insights into current valuation.

These 9 Dividend Aristocrat PEGY bargains offer a 3.1% yield and are trading at a 51% discount to historical PEGY ratios. Analysts project a 55% 12-month upside potential and a 15% CAGR over the next five years, compared to 0% and 9% CAGR for the S&P, respectively. The PEGY ratio, which combines EV/FCF, yield, and growth, identifies undervalued stocks. These stocks offer 12% to 15% CAGR returns...

Shares of ABM Industries NYSE: ABM fell more than 7% after its FQ4 release, opening an attractive entry for dividend growth investors. This Dividend King fell to a critical support level near the middle of its long-term trading range, where support is likely to be robust.

ABM Industries Incorporated offers diversified services and is a strong buy after a recent selloff despite solid earnings and consistent dividend growth. Q4 revenue grew 4% year-over-year, beating consensus by $120 million, with notable growth in technical solutions and aviation divisions. Despite a GAAP net loss due to acquisition costs, adjusted EPS surpassed expectations, and the company con...

ABM Industries Incorporated (NYSE:ABM ) Q4 2024 Earnings Conference Call December 18, 2024 8:30 AM ET Company Participants Paul Goldberg - Senior Vice President, Investor Relations Scott Salmirs - President & Chief Executive Officer Earl Ellis - Executive Vice President & Chief Financial Officer Conference Call Participants Tim Mulrooney - William Blair Andy Wittmann - Baird Jas Bibb - Truist S...

NEW YORK, Dec. 18, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the fourth quarter and full year ended October 31, 2024.

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...