NEW YORK, March 14, 2017 /PRNewswire/ --
Companies in the Business Services industry provide support services, such as office administration, personnel hiring and placing, security, and travel arrangement, to businesses. Demand ultimately depends on the level of business spending, which is determined by the health of the overall economy. Pre-market, Stock-Callers.com evaluates Ritchie Bros. Auctioneers Inc. (NYSE: RBA), ABM Industries Inc. (NYSE: ABM), HMS Holdings Corp. (NASDAQ: HMSY), and Cardtronics PLC (NASDAQ: CATM). Learn more about these stocks by downloading their free report at:
Ritchie Bros. Auctioneers
On Monday, shares in Canada headquartered Ritchie Bros. Auctioneers Inc. recorded a trading volume of 371,782 shares. The stock ended the session 0.13% higher at $31.58. The Company's shares have gained 0.83% in the last month. The stock is trading 2.81% below its 50-day moving average. Moreover, shares of Ritchie Bros. Auctioneers, which together with its subsidiaries, sells industrial equipment and other assets for the construction, agriculture, transportation, energy, mining, forestry, material handling, marine, and real estate industries through its unreserved auctions and online marketplaces, have a Relative Strength Index (RSI) of 44.78.
On March 06th, 2017, Ritchie Bros. announced that it conducted its first Edmonton auction of the year, selling 5,000+ equipment items and trucks for US$46+ million over three days (March 02nd - 04th, 2017). The Company stated that more than 8,650 people from across Canada and 46 other countries registered to bid in the auction, including 5,950+ people who registered to bid online. Approximately 63% of the equipment (US$29+ million) was sold to online bidders. The free research report on RBA is available at:
New York headquartered ABM Inc.'s stock closed the day 0.86% higher at $43.62 with a total trading volume of 309,739 shares. The Company's shares have advanced 8.27% in the past month, 1.98% in the previous three months, and 7.25% since the start of this year. The stock is trading 7.45% and 12.07% above its 50-day and 200-day moving averages, respectively. Additionally, shares of ABM Industries, which provides integrated facility solutions in the US and internationally, have an RSI of 69.05.
On March 07th, 2017, ABM announced that for Q1 FY17 revenues of approximately $1.3 billion increased 4.6% and organic revenue increased 3.6%, on a y-o-y basis. On a GAAP basis, the Company's income from continuing operations was $16.1 million, or $0.28 per diluted share, compared to income from continuing operations of $13.6 million, or $0.24 per diluted share last year. ABM's total net loss for Q1 2017 was $56.8 million, or $1.00 per diluted share, compared to net income of $14.0 million, or $0.24 per diluted share last year. The complimentary report on ABM can be downloaded at:
Shares in Texas headquartered HMS Holdings Corp. recorded a trading volume of 300,515 shares. The stock ended yesterday's trading session 3.21% higher at $18.66. The Company's shares have advanced 0.32% in the past month and 2.75% on an YTD basis. The stock is trading above its 50-day moving average by 1.65%. Furthermore, shares of HMS Holdings, which through its subsidiaries, operates in the healthcare insurance benefit cost containment market in the US, have an RSI of 52.74.
On March 03rd, 2017, research firm Raymond James initiated an 'Outperform' rating on the Company's stock, with a target price of $23 per share.
On March 13th, 2017, HMS Holdings and Eliza Corporation announced that they have entered into a definitive purchase agreement pursuant to which a wholly-owned subsidiary of HMS will acquire Eliza for a cash purchase price of $170 million. The transaction is expected to be accretive to the Company's 2017 earnings, and is expected to close by early Q2 2017, subject to the satisfaction of regulatory approvals and other customary closing conditions. Visit us today and download our complete research report on HMSY for free at:
Texas headquartered Cardtronics PLC's stock finished Monday's session 0.27% higher at $44.92 with a total trading volume of 413,870 shares. Shares of the Company, which provides automated consumer financial services through its network of automated teller machines and multi-function financial services kiosks, are trading below their 200-day moving average by 4.53%. The stock has an RSI of 37.07.
On February 09th, 2017, Cardtronics's total revenues of $309.8 million for Q4 2016 were up 2% from $303.3 million in Q4 2015. The Company's ATM operating revenues were $294.7 million for Q4 2016, up 1% from $291.7 million in Q4 2015. Cardtronics reported gross margin of 35.5%, consistent with Q4 2015. The Company's GAAP net income was $25.0 million, or $0.54 per diluted share, for Q4 2016, up from $14.8 million, or $0.33 per diluted share, from Q4 2015, positively impacted by a non-recurring tax benefit. Get free access to your technical report on CATM at:
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