We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
ABM Industries Incorporated (ABM - Free Report) was a big mover last session, as the company saw its shares rise 7% on Friday. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $30.35 to $32.98 in the past one-month time frame.
The move came after the company reported solid third-quarter fiscal 2018 results.
The company has seen one negative estimate revision in the past month, while its Zacks Consensus Estimate has also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
ABM Industries currently has a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.
Is ABM going up? Or down? Predict to see what others think: Up or Down
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
Image: Bigstock
ABM Industries (ABM) Surges: Stock Moves 7% Higher
ABM Industries Incorporated (ABM - Free Report) was a big mover last session, as the company saw its shares rise 7% on Friday. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $30.35 to $32.98 in the past one-month time frame.
The move came after the company reported solid third-quarter fiscal 2018 results.
The company has seen one negative estimate revision in the past month, while its Zacks Consensus Estimate has also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
ABM Industries currently has a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.
ABM Industries Incorporated Price
ABM Industries Incorporated Price | ABM Industries Incorporated Quote
A better-ranked stock in the Business Services sector is Conduent Incorporated (CNDT - Free Report) , which currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is ABM going up? Or down? Predict to see what others think: Up or Down
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>