ABM Industries Incorporated (ABM)
NYSE: ABM · Real-Time Price · USD
50.34
-0.80 (-1.56%)
Dec 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 55.67, with a low estimate of 55 and a high estimate of 56. The average target predicts an increase of 10.59% from the current stock price of 50.34.

Analyst Consensus: Hold
Target Low Average Median High
Price $55 $55.67 $56 $56
Change +9.26% +10.59% +11.24% +11.24%

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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 000000
Buy 111110
Hold 443333
Sell 000000
Strong Sell 000000
Total 554443

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Hold
Maintains
$55$56
Hold Maintains $55$56 +11.24% Dec 19, 2024
UBS
UBS
Hold
Maintains
$51$55
Hold Maintains $51$55 +9.26% Sep 9, 2024
Truist Securities
Truist Securities
Hold
Maintains
$49$55
Hold Maintains $49$55 +9.26% Sep 9, 2024
Baird
Baird
Hold
Maintains
$49$56
Hold Maintains $49$56 +11.24% Sep 9, 2024
Baird
Baird
Hold
Maintains
$48$49
Hold Maintains $48$49 -2.66% Jun 10, 2024
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Oct 31, 2019 Oct 31, 2020 Oct 31, 2021 Oct 31, 2022 Oct 31, 2023 Oct 31, 2024 Oct 31, 2025 Oct 31, 2026
Revenue
6.50B5.99B6.23B7.81B8.10B8.34B8.45B8.59B
Revenue Growth
0.88%-7.86%4.02%25.33%3.71%3.00%1.31%1.67%
EPS
1.910.001.863.413.793.573.704.09
EPS Growth
29.21%-99.77%41,632.11%83.33%11.14%-5.73%3.57%10.54%
Forward PE
-----14.0913.6012.31
No. Analysts -----995
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
7.7%
6.6%
8.4%
Avg
3.0%
1.3%
1.7%
Low
-1.7%
-4.6%
-5.4%

EPS Forecast

EPS 202420252026
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 202420252026
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.