Freedom Capital Markets has initiated coverage on ABM Industries Inc (ABM), assigning it a Buy rating. This marks the firm's first evaluation of the company, reflecting its assessment of ABM's investment potential based on extensive research into the business and industry dynamics.
ABM Industries operates in the Commercial Services & Supplies sector and is headquartered in New York City. The company provides a range of facility, infrastructure, and mobility solutions, employing approximately 117,000 full-time staff. Its segments include Business & Industry, Manufacturing & Distribution, Education, Aviation, and Technical Solutions.
As of December 9, 2025, ABM's market capitalisation stands at $2.7 billion, with a price-to-earnings ratio of 23.52 and earnings per share of 1.84. The company also offers a dividend yield of 239.5%. Upcoming earnings reports are anticipated on March 10, 2026, with an estimated EPS of $0.90 and revenue of $2.2 billion, followed by another report on June 4, 2026, with an estimated EPS of $0.93 and the same revenue expectation.
Analyst ratings and price targets offer insights based on rigorous financial models and research. However, they are inherently based on assumptions that may not always hold true. Thus, investment decisions should encompass a broader analysis, including company fundamentals and market trends, rather than relying solely on analyst opinions. Notably, the consensus among analysts currently stands at 2 Strong Buy, 4 Buy, and 5 Hold ratings for ABM, indicating a general positive outlook among market observers.