How to Buy Abm Industries Stock
Abm Industries Inc
Abm Industries is a specialty business service company located in New York, United States, which is part of the Industrials sector, and is traded under the ticker ABM on the NYSE exchange.
Abm Industries stock last closed at $43.64, down 1.45% from the previous day, and has decreased 0.18% in one year. It has underperformed other stocks in the Specialty Business Services industry by 0.18 percentage points. Abm Industries stock is currently +16.03% from its 52-week low of $37.61, and -17.74% from its 52-week high of $53.05.
There are currently 63.29M shares of ABM outstanding. The market capitalization of ABM is $2.76B. In the last 24 hours, 894,178 ABM shares were traded.
How to Buy Abm Industries Stock
Wondering how to invest in Abm Industries stock? Here's how.
- Choose where to buy Abm Industries stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Abm Industries stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Choose your payment method and add your information.
- Analyze Abm Industries stock: The Abm Industries ticker symbol is ABM. Is Abm Industries stock a good investment? Should you buy shares of ABM? How do ABM's underlying business fundamentals look? Do top analysts think Abm Industries is a good buy? Why has ABM's stock price moved recently? (Hint: Our stock market research website can help you understand if ABM is a good stock to buy).
- Execute your ABM purchase: Decide if you will purchase ABM shares at the current market price or use a limit order to buy ABM stock at a given price.
- Get notifications regarding your investment in ABM: Create a watchlist to watch your position in Abm Industries shares.
Step 1: Choose where to buy Abm Industries stock
You will need a brokerage account to access the NYSE market and buy ABM shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal information so you can buy ABM stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have opened your account on one of the most highly reviewed stock trading apps, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing funds into your brokerage account.
Step 4: Analyze Abm Industries stock
Once you have chosen the best place to buy Abm Industries stock, it's important to research their stock before you buy, so you can wrap your head around the risk as well as the upside.
Abm Industries quick stats
Abm Industries Zen Score
WallStreetZen was created to help everyday investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on ABM's stock page.
Is ABM stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge ABM's intrinsic value.
Using relative valuations methods:
- ABM may be undervalued based on its P/E ratio of 11.1x, relative to Specialty Business Services industry P/E ratio of 34.68x
- ABM may be undervalued based on its P/B ratio of 1.52x, relative to Specialty Business Services industry P/B ratio of 4.75x
- ABM could be undervalued based on its PEG ratio of 0.94x
You can do additional valuation research on ABM's stock here.
ABM Financial Health Overview
Positive Health Checks:
- ABM's operating cash flow of $314.10M allows it to safely service it's debt of $1.45B.
- ABM profit margin has gone up from 2.5% to 3.1% in the past year.
- There are more short-term assets than short-term liabilities on the ABM balance sheet.
Negative Health Checks:
- ABM has a relatively high debt to equity ratio of 1.72.
- Total ABM debt is higher than 5 years ago, relative to shareholder equity.
- ABM earnings of $416.20M is not enough to cover its interest payments.
- There are more long-term liabilities than short-term assets on the ABM balance sheet.
Do analysts think it's a good time to buy ABM stock
Out of 2 Equities analysts who give recommendations on ABM, the consensus analyst rating on ABM is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Abm Industries stock forecast page.
ABM Momentum
ABM Revenue
Last year, ABM earnings were $257.50M. During the past 5 year, ABM's earnings have grown by 25.55% per year. This was faster than the Specialty Business Services industry average of 11.71%.
Last year, ABM revenue was $8.17B. In the last five year, ABM's revenue has gone up by 4.82% per year. This was slower than the Specialty Business Services industry average of 10.73%.
Find out more about ABM's earnings and revenue performance here.
Latest Insiders Trades at ABM
Over the past year, insiders at ABM have sold more shares than they have bought.
Rene Jacobsen, EVP Chief Operating Officer of ABM, was the latest ABM insider to sell. They sold $242,463.36 worth of ABM stock on Mar 25, 2024.
Learn more about who owns ABM stock here.
Can I get consistent income from ABM stock?
Abm Industries pays a dividend of 2.04%, compared to the Specialty Business Services industry's average dividend yield of 2.04%. If you owned $1,000 of ABM stock, you would have received $20.39 in the past 12 months.
Abm Industries dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Abm Industries dividend yield and history here.
What do other traders have to say about ABM?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Execute your ABM purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount, use a limit order.
Press the Open Trade button and your broker will place your order.
If you require additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in ABM
Now that you own some shares in ABM, you'll want to keep up with your new stock purchase.
Add ABM to a watchlist to track the most important metrics related to your ABM stock.
ABM Feed
How to Buy Stock in Abm Industries
To reiterate, here are the 6 steps to buy Abm Industries stock:
- Choose where to buy Abm Industries stock
- Create your brokerage account
- Deposit money your brokerage account
- Analyze Abm Industries stock
- Execute your ABM purchase
- Get notifications regarding your investment in ABM
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep track of your investment in Abm Industries, click below.
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