ABM Industries Incorporated (ABM)
NYSE: ABM · Real-Time Price · USD
55.58
+0.22 (0.40%)
Nov 20, 2024, 4:00 PM EST - Market closed
ABM Industries Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for ABM Industries stock have an average target of 55.33, with a low estimate of 55 and a high estimate of 56. The average target predicts a decrease of -0.45% from the current stock price of 55.58.
Analyst Consensus: Hold
* Price targets were last updated on Sep 9, 2024.
Analyst Ratings
The average analyst rating for ABM Industries stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 4 | 4 | 4 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $51 → $55 | Hold | Maintains | $51 → $55 | -1.04% | Sep 9, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $49 → $55 | Hold | Maintains | $49 → $55 | -1.04% | Sep 9, 2024 |
| Baird | Baird | Hold Maintains $49 → $56 | Hold | Maintains | $49 → $56 | +0.76% | Sep 9, 2024 |
| Baird | Baird | Hold Maintains $48 → $49 | Hold | Maintains | $48 → $49 | -11.84% | Jun 10, 2024 |
| UBS | UBS | Hold Maintains $45 → $51 | Hold | Maintains | $45 → $51 | -8.24% | Jun 7, 2024 |
Financial Forecast
Revenue This Year
8.34B
from 8.10B
Increased by 3.00%
Revenue Next Year
8.45B
from 8.34B
Increased by 1.31%
EPS This Year
3.57
from 3.79
Decreased by -5.73%
EPS Next Year
3.70
from 3.57
Increased by 3.57%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.7B | 8.9B | 9.2B |
| Avg | 8.3B | 8.4B | 8.6B |
| Low | 8.0B | 8.0B | 8.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.7% | 6.6% | 8.4% |
| Avg | 3.0% | 1.3% | 1.7% |
| Low | -1.7% | -4.6% | -5.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.75 | 3.94 | 4.41 |
| Avg | 3.57 | 3.70 | 4.09 |
| Low | 3.44 | 3.51 | 3.80 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.1% | 10.2% | 19.2% |
| Avg | -5.7% | 3.6% | 10.5% |
| Low | -9.2% | -1.8% | 2.8% |
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.