ABM Industries Incorporated (ABM)
NYSE: ABM · IEX Real-Time Price · USD
52.93
+1.60 (3.12%)
Jul 16, 2024, 4:00 PM EDT - Market closed

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 -10.83% from the current stock price of 52.93.

Analyst Consensus: Hold
Target Low Average Median High
Price $43 $47.2 $48 $51
Change -18.76% -10.83% -9.31% -3.65%
* 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 '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 000000
Buy 111111
Hold 444444
Sell 000000
Strong Sell 000000
Total 555555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Baird
Baird
Hold
Maintains
$48$49
Hold Maintains $48$49 -7.42% Jun 10, 2024
UBS
UBS
Hold
Maintains
$45$51
Hold Maintains $45$51 -3.65% Jun 7, 2024
Truist Securities
Truist Securities
Hold
Maintains
$53$45
Hold Maintains $53$45 -14.98% Mar 8, 2024
Baird
Baird
Hold
Maintains
$49$48
Hold Maintains $49$48 -9.31% Mar 8, 2024
UBS
UBS
Hold
Maintains
$42$45
Hold Maintains $42$45 -14.98% Mar 7, 2024
More Analyst Ratings

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%
Year 20192020202120222023202420252026
Revenue
6.50B5.99B6.23B7.81B8.10B8.28B8.44B8.71B
Revenue Growth
0.88%-7.86%4.02%25.33%3.71%2.28%1.87%3.20%
EPS
1.90-1.863.413.793.513.734.18
EPS Growth
29.25%--83.33%11.14%-7.46%6.34%12.21%
Forward PE
-----15.0914.1912.65
No. Analysts -----994
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
7.3%
8.0%
8.3%
Avg
2.3%
1.9%
3.2%
Low
-2.4%
-3.9%
-0.6%

EPS Forecast

EPS 202420252026
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 202420252026
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.