ABM Industries (ABM) Stock Could Be 47% Undervalued After Raised Guidance

ABM Industries has delivered a 34.9% share price gain over the past three years, while reporting record revenue and stronger earnings power. The question for investors now is whether that recent share price level is fully supported by the cash the business is expected to generate. A 34.9% return over three years puts real weight on whether ABM Industries' current valuation is aligned with what its cash flows can justify. Record revenue, higher adjusted profitability and stronger free cash...