ABM Industries Incorporated (ABM)
NYSE: ABM · IEX Real-Time Price · USD
44.44
+0.19 (0.43%)
May 8, 2024, 10:32 AM EDT - Market open
ABM Industries Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for ABM Industries stock have an average target of 45.2, with a low estimate of 42 and a high estimate of 48. The average target predicts an increase of 1.71% from the current stock price of 44.44.
Analyst Consensus: Hold
* Price targets were last updated on Mar 8, 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '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 |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $53 → $45 | Hold | Maintains | $53 → $45 | +1.26% | Mar 8, 2024 |
| Baird | Baird | Hold Maintains $49 → $48 | Hold | Maintains | $49 → $48 | +8.01% | Mar 8, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $43 → $53 | Hold | Maintains | $43 → $53 | +19.26% | Dec 14, 2023 |
| Truist Securities | Truist Securities | Hold Initiates $43 | Hold | Initiates | $43 | -3.24% | Nov 13, 2023 |
| Keybanc | Keybanc | Buy Maintains $51 → $48 | Buy | Maintains | $51 → $48 | +8.01% | Sep 11, 2023 |
Financial Forecast
Revenue This Year
8.26B
from 8.10B
Increased by 2.03%
Revenue Next Year
8.42B
from 8.26B
Increased by 1.92%
EPS This Year
3.44
from 3.79
Decreased by -9.33%
EPS Next Year
3.66
from 3.44
Increased by 6.50%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.7B | 9.0B | 9.1B |
| Avg | 8.3B | 8.4B | 8.7B |
| Low | 7.9B | 8.0B | 8.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.0% | 9.1% | 8.6% |
| Avg | 2.0% | 1.9% | 3.6% |
| Low | -2.6% | -3.7% | -0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.61 | 4.01 | 4.26 |
| Avg | 3.44 | 3.66 | 4.07 |
| Low | 3.31 | 3.22 | 3.92 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -4.7% | 16.7% | 16.5% |
| Avg | -9.3% | 6.5% | 11.2% |
| Low | -12.6% | -6.2% | 7.1% |
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.