ABM Industries Incorporated (ABM)
NYSE: ABM · Real-Time Price · USD
53.16
-0.19 (-0.36%)
Oct 24, 2024, 4:00 PM EDT - 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 an increase of 4.08% from the current stock price of 53.16.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 4 | 4 | 4 | 4 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $51 → $55 | Hold | Maintains | $51 → $55 | +3.46% | Sep 9, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $49 → $55 | Hold | Maintains | $49 → $55 | +3.46% | Sep 9, 2024 |
| Baird | Baird | Hold Maintains $49 → $56 | Hold | Maintains | $49 → $56 | +5.34% | Sep 9, 2024 |
| Baird | Baird | Hold Maintains $48 → $49 | Hold | Maintains | $48 → $49 | -7.83% | Jun 10, 2024 |
| UBS | UBS | Hold Maintains $45 → $51 | Hold | Maintains | $45 → $51 | -4.06% | Jun 7, 2024 |
Financial Forecast
Revenue This Year
8.34B
from 8.10B
Increased by 2.96%
Revenue Next Year
8.44B
from 8.34B
Increased by 1.26%
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 | 9.0B |
| Avg | 8.3B | 8.4B | 8.5B |
| Low | 8.0B | 8.0B | 8.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.7% | 6.6% | 7.1% |
| Avg | 3.0% | 1.3% | 0.9% |
| Low | -1.7% | -4.5% | -5.3% |
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.