ABM stock fell 0.98 percent after a strong third quarter

Published on 10/07/2026 at 00:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ABM stock traded at USD 48.49 on October 6, 2026, below its USD 51.29 yearly high. Fiscal Q3 adjusted EPS reached USD 1.04 and guidance moved to USD 3.95-4.10.

ABM, US0009571003, Illustration mit AI erstellt.

ABM stock (ISIN US0009571003) fell 0.98 percent to USD 48.49 on the NYSE on October 6, 2026, leaving the shares below the 52-week high of USD 51.29. The latest operating catalyst was ABM's fiscal third-quarter report, which lifted the midpoint of its adjusted earnings outlook.

Revenue reaches a quarterly record

According to GlobeNewswire on September 8, 2026, ABM's fiscal third-quarter revenue reached USD 2.3 billion for the period ended July 31, 2026, up 4.2 percent from the prior year. Net income rose 19 percent to USD 49.7 million, while GAAP diluted EPS increased to USD 0.84 from USD 0.67.

The mix was uneven. Manufacturing and Distribution revenue increased 17.6 percent to USD 481.0 million and Aviation revenue rose 12.5 percent to USD 328.1 million, while Business and Industry revenue declined 2.6 percent to USD 1.0 billion, according to GlobeNewswire.

Guidance raises the earnings bar

ABM raised fiscal 2026 adjusted EPS guidance to USD 3.95-4.10 from USD 3.85-4.15, while its free cash flow outlook increased to USD 210.0 million. Nine-month free cash flow had already reached USD 199.6 million, compared with USD 42.4 million in the prior-year period, per GlobeNewswire.

The counterweight is margin and execution risk. ABM said Technical Solutions revenue was affected by project deferrals, while the company projected segment operating margin of 7.7 percent to 7.8 percent, below the previous 7.8 percent to 8.0 percent range.

Analysts see room above USD 48.49

The analyst consensus remains Buy, based on 8 analysts, with an average 12-month target of USD 55.93, a high of USD 68.00 and a low of USD 49.00, according to Investing.com. The average target lies 15.34 percent above the October 6 price, creating a quantified gap between the latest quote and the published consensus.

UBS raised its target to USD 51.50 from USD 45.00 while maintaining a Neutral rating on September 9, 2026, as reported by Investing.com. That target is 6.21 percent above the October 6 price, but it remains below the consensus average.

ABM stock stays below its yearly high

ABM stock was last at USD 48.49 on the NYSE on October 6, 2026, after an intraday range of USD 48.33 to USD 49.18 and volume of 265,010 shares. Its 52-week range was USD 36.96 to USD 51.29, putting the latest price 5.46 percent below the high.