If you are wondering whether ABM Industries is a bargain or fairly priced at around US$45.37, you are not alone. This article focuses squarely on what the current share price might imply about value.
The stock has returned 0.2% over the last 7 days and 6.3% over the last 30 days and year to date, although the 1 year return sits at an 11.8% decline and the 5 year return stands at 36.2%.
Recent attention on ABM Industries has centered on its role as a facilities services provider across sectors like commercial, industrial, and education. This can affect how investors view the resilience of its contract based revenue. Market reactions to sector news about outsourcing, cost efficiency, and long term service agreements all feed into how…
