ABM Industries Incorporated (ABM)
NYSE: ABM · IEX Real-Time Price · USD
53.59
-0.17 (-0.32%)
At close: Jul 19, 2024, 4:00 PM
53.65
+0.06 (0.11%)
After-hours: Jul 20, 2024, 12:57 PM EDT
ABM Industries Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for ABM Industries stock have an average target of 47.2, with a low estimate of 43 and a high estimate of 51. The average target predicts a decrease of -11.92% from the current stock price of 53.59.
Analyst Consensus: Hold
* Price targets were last updated on Jun 10, 2024.
Analyst Ratings
The average analyst rating for ABM Industries stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $48 → $49 | Hold | Maintains | $48 → $49 | -8.57% | Jun 10, 2024 |
| UBS | UBS | Hold Maintains $45 → $51 | Hold | Maintains | $45 → $51 | -4.83% | Jun 7, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $53 → $45 | Hold | Maintains | $53 → $45 | -16.03% | Mar 8, 2024 |
| Baird | Baird | Hold Maintains $49 → $48 | Hold | Maintains | $49 → $48 | -10.43% | Mar 8, 2024 |
| UBS | UBS | Hold Maintains $42 → $45 | Hold | Maintains | $42 → $45 | -16.03% | Mar 7, 2024 |
Financial Forecast
Revenue This Year
8.28B
from 8.10B
Increased by 2.28%
Revenue Next Year
8.44B
from 8.28B
Increased by 1.87%
EPS This Year
3.51
from 3.79
Decreased by -7.46%
EPS Next Year
3.73
from 3.51
Increased by 6.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.7B | 8.9B | 9.1B |
| Avg | 8.3B | 8.4B | 8.7B |
| Low | 7.9B | 8.0B | 8.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.3% | 8.0% | 8.3% |
| Avg | 2.3% | 1.9% | 3.2% |
| Low | -2.4% | -3.9% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.69 | 3.99 | 4.59 |
| Avg | 3.51 | 3.73 | 4.18 |
| Low | 3.37 | 3.50 | 3.92 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.8% | 13.8% | 23.0% |
| Avg | -7.5% | 6.3% | 12.2% |
| Low | -11.1% | -0.2% | 5.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.