Abm Industries Incorporated Stock Price on November 27, 2024
| ABM Stock | USD 51.36 0.51 1.00% |
Below is the normalized historical share price chart for ABM Industries Incorporated extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ABM Industries stands at 51.36, as last reported on the 26th of December, with the highest price reaching 51.53 and the lowest price hitting 50.43 during the day.
If you're considering investing in ABM Stock, it is important to understand the factors that can impact its price. As of now, ABM Stock is very steady. ABM Industries secures Sharpe Ratio (or Efficiency) of 0.0082, which signifies that the company had a 0.0082% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for ABM Industries Incorporated, which you can use to evaluate the volatility of the entity. Please confirm ABM Industries' Mean Deviation of 1.2, downside deviation of 2.06, and Coefficient Of Variation of 3210.89 to double-check if the risk estimate we provide is consistent with the expected return of 0.0143%.
At this time, ABM Industries' Total Stockholder Equity is very stable compared to the past year. As of the 26th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 5.4 B, while Common Stock Total Equity is likely to drop about 530.2 K. . At this time, ABM Industries' Price To Operating Cash Flows Ratio is very stable compared to the past year. As of the 26th of December 2024, Price Cash Flow Ratio is likely to grow to 24.79, while Price To Sales Ratio is likely to drop 0.25. ABM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of July 1984 | 200 Day MA 50.8154 | 50 Day MA 55.0978 | Beta 1.132 |
ABM |
Sharpe Ratio = 0.0082
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| Negative Returns | ABM |
Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ABM Industries is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ABM Industries by adding ABM Industries to a well-diversified portfolio.
Price Book 1.7752 | Enterprise Value Ebitda 13.994 | Price Sales 0.3861 | Shares Float 62 M | Wall Street Target Price 58.8333 |
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ABM Industries Valuation on November 27, 2024
It is possible to determine the worth of ABM Industries on a given historical date. On November 27, 2024 ABM was worth 57.1 at the beginning of the trading date compared to the closed value of 56.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABM Industries stock. Still, in general, we apply an absolute valuation method to find ABM Industries' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ABM Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABM Industries' related companies.
| Open | High | Low | Close | Volume | |
| 56.98 | 57.38 | 56.60 | 56.80 | 377,955 | |
11/27/2024 | 57.10 | 57.60 | 56.95 | 56.99 | 240,460 |
| 57.37 | 57.37 | 56.79 | 57.17 | 169,865 |
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ABM Industries Trading Date Momentum on November 27, 2024
| On November 29 2024 ABM Industries Incorporated was traded for 57.17 at the closing time. Highest ABM Industries's price during the trading hours was 57.37 and the lowest price during the day was 56.79 . The net volume was 169.9 K. The overall trading history on the 29th of November contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.32% . The overall trading delta to current price is 1.21% . |
ABM Industries Fundamentals Correlations and Trends
By evaluating ABM Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ABM Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ABM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ABM Industries Stock history
ABM Industries investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ABM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ABM Industries will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ABM Industries stock prices may prove useful in developing a viable investing in ABM Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 63.6 M | 53.6 M | |
| Net Income Applicable To Common Shares | 289 M | 303.4 M |
ABM Industries Quarterly Net Working Capital |
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ABM Industries Stock Technical Analysis
ABM Industries technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
ABM Industries Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
ABM Industries Incorporated cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ABM Industries December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how ABM Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ABM Industries shares will generate the highest return on investment. By undertsting and applying ABM Industries stock market strength indicators, traders can identify ABM Industries Incorporated entry and exit signals to maximize returns
ABM Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ABM Industries' price direction in advance. Along with the technical and fundamental analysis of ABM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABM to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0302 | |||
| Jensen Alpha | 0.0306 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 6.0E-4 | |||
| Treynor Ratio | 0.1384 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABM Industries Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ABM Industries. If investors know ABM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ABM Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Earnings Share 1.28 | Revenue Per Share 129.802 | Quarterly Revenue Growth 0.033 | Return On Assets 0.0327 |
The market value of ABM Industries is measured differently than its book value, which is the value of ABM that is recorded on the company's balance sheet. Investors also form their own opinion of ABM Industries' value that differs from its market value or its book value, called intrinsic value, which is ABM Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ABM Industries' market value can be influenced by many factors that don't directly affect ABM Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ABM Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if ABM Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABM Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.