ABM Industries(ABM)
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ABM Banks on Multi-Year Strategic Plan ELEVATE Amid Macroeconomic Risk
ZACKS· 2026-02-13 16:30
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]
Aben Gold Appoints Mike Burke to Advisory Board
Globenewswire· 2026-02-12 12:00
Vancouver, BC, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Aben Gold Corp. (TSX-V: ABM) (OTCID: ABNAF) (Frankfurt: ML1) (“Aben” or “the Company”) is pleased to announce the appointment of Mike Burke, B.Sc., P.Geo., to its Advisory Board. Mr. Burke, a seasoned geologist with over 35 years of experience in the mining industry, brings extensive expertise in gold exploration and development, particularly in the Yukon Territory. Mr. Burke has held key leadership roles in various mining projects, including serving as Direc ...
Here's Why You Should Retain ABM Stock in Your Portfolio Now
ZACKS· 2026-02-11 13:55
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]
Aben Gold Appoints VP Exploration and Qualified Person
Globenewswire· 2026-02-11 12:00
Vancouver, BC, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Aben Gold Corp. (TSX-V: ABM) (OTCID: ABNAF) (Frankfurt: ML1) (“Aben” or “the Company”) is pleased to announce the appointment of Mr. Milosz Mielniczuk, B.Sc. P.Geo. as the Company’s Vice President of Exploration. Mr. Mielniczuk, a seasoned geologist with over a decade of hands-on experience in mineral exploration and mining, will lead the Company's exploration efforts moving forward. Milosz Mielniczuk holds a Bachelor of Science in Geology from the University ...
ABM Completes Acquisition of WGNSTAR, Strengthening Leadership in Semiconductor Technical Services
Globenewswire· 2026-02-04 12:00
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]
ABM Industries: Buy This Dividend King While The Market Ignores Value
Seeking Alpha· 2026-01-30 18:20
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]
5 Broker-Loved Stocks to Watch Amid Steady Start to Q4 Earnings Season
ZACKS· 2026-01-29 17:01
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 (ABM) Still Has An Attractive Upside Despite Truist Downgrade
Yahoo Finance· 2026-01-24 05:31
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 ...
10 Most Undervalued Industrial Stocks To Buy According To Analysts
Insider Monkey· 2026-01-23 11:34
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]
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].