Stock To Watch: ABM Industries Incorporated (NYSE:ABM)


The leading market experts have placed a mean price target of $40.00 on ABM Industries Incorporated (NYSE:ABM) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.33 a share for the upcoming quarter and $1.60 for the current fiscal.

Technical View

The technical analysis of ABM Industries Incorporated Com plainly substantiates that the 50-day moving average of ABM Industries Incorporated Com is $37.93, and stock is trading $0.65 points away or +1.71% from its 50-day moving average of $37.93. Further it is trading $3.92 or +11.32% away its 200-day moving average of $34.66. ABM Industries Incorporated (NYSE:ABM) 52-week high is $40.47 and the 52-week low is $26.50.

This explains if the stock moves $-1.89, it will post a 52-week high. In event of +45.58% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of ABM Industries Incorporated Com, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, ABM Industries Incorporated (NYSE:ABM) ratio came in at 24.95.

The stock last ended the trading session at $38.58 and registered a market cap of $2.15B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. ABM Industries Incorporated (NYSE:ABM) PEG ratio is at 4.74.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 15 times, 1 visits today)