ABM Industries (ABM) Stock Forecast, Price Target & Predictions
ABM Stock Forecast
ABM Industries stock forecast is as follows: an average price target of $47.00 (represents a -14.41% downside from ABM’s last price of $54.91) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
ABM Price Target
The average price target for ABM Industries (ABM) is $47.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $49.00 to $45.00. This represents a potential -14.41% downside from ABM's last price of $54.91.
ABM Analyst Ratings
According to 5 Wall Street analysts, ABM Industries's rating consensus is 'Buy'. The analyst rating breakdown for ABM stock is 0 'Strong Buy' (0.00%), 4 'Buy' (80.00%), 1 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
ABM Industries Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 10, 2024 | Andrew Wittmann | Robert W. Baird | $49.00 | $49.90 | -1.80% | -10.76% |
| Jun 06, 2024 | Jasper Bibb | Truist Financial | $45.00 | $48.22 | -6.67% | -18.05% |
| Nov 13, 2023 | Jasper Bibb | Truist Financial | $43.00 | $39.76 | 8.15% | -21.69% |
| Jun 21, 2022 | Andrew Wittmann | Robert W. Baird | $50.00 | $39.01 | 28.17% | -8.94% |
The latest ABM Industries stock forecast, released on Jun 10, 2024 by Andrew Wittmann from Robert W. Baird, set a price target of $49.00, which represents a -1.80% decrease from the stock price at the time of the forecast ($49.90), and a -10.76% decrease from ABM last price ($54.91).
ABM Industries Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $47.00 |
| Last Closing Price | $54.91 | $54.91 | $54.91 |
| Upside/Downside | -100.00% | -100.00% | -14.41% |
In the current month, the average price target of ABM Industries stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to ABM Industries's last price of $54.91. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 06, 2024 | Deutsche Bank | Buy | Downgrade | |
| Sep 06, 2024 | UBS | Neutral | Neutral | Hold |
| Jun 06, 2024 | UBS | Neutral | Neutral | Hold |
| Dec 11, 2023 | UBS | Neutral | Neutral | Hold |
| Sep 11, 2023 | Telsey Advisory | Overweight | Overweight | Hold |
| Sep 11, 2023 | Raymond James | Overweight | Overweight | Hold |
| Jun 21, 2022 | Robert W. Baird | Outperform | Upgrade |
ABM Industries's last stock rating was published by Deutsche Bank on Sep 06, 2024. The company Downgrade its ABM rating from "null" to "Buy".
ABM Industries Financial Forecast
ABM Industries Revenue Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $2.07B | $2.09B | $2.03B | - | $1.99B | $2.01B | $1.96B | - | $1.94B | $1.70B | $1.54B | - | $1.49B | $1.48B | $1.39B | - | $1.61B | $1.65B | $1.65B |
| Avg Forecast | $2.22B | $2.17B | $2.10B | $2.14B | $2.13B | $2.12B | $2.04B | $2.07B | $2.08B | $2.04B | $2.00B | $2.01B | $2.03B | $2.01B | $2.00B | $2.02B | $1.96B | $1.91B | $1.88B | $1.83B | $1.64B | $1.50B | $1.48B | $1.48B | $1.43B | $1.47B | $1.49B | $1.60B | $1.67B | $1.65B |
| High Forecast | $2.24B | $2.19B | $2.12B | $2.17B | $2.16B | $2.14B | $2.06B | $2.09B | $2.11B | $2.04B | $2.00B | $2.01B | $2.04B | $2.03B | $2.02B | $2.04B | $2.00B | $1.95B | $1.91B | $1.86B | $1.67B | $1.53B | $1.50B | $1.50B | $1.46B | $1.50B | $1.51B | $1.63B | $1.70B | $1.68B |
| Low Forecast | $2.19B | $2.14B | $2.07B | $2.12B | $2.11B | $2.09B | $2.02B | $2.06B | $2.04B | $2.04B | $2.00B | $2.01B | $2.01B | $1.98B | $1.98B | $1.99B | $1.90B | $1.85B | $1.82B | $1.77B | $1.59B | $1.45B | $1.43B | $1.43B | $1.39B | $1.42B | $1.44B | $1.55B | $1.62B | $1.60B |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 5 | 5 | 8 | 5 | 4 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.03% | 1.01% | - | 0.99% | 1.03% | 1.03% | - | 1.06% | 1.03% | 1.03% | - | 1.01% | 1.03% | 0.95% | - | 1.01% | 0.99% | 1.00% |
ABM Industries's average Quarter revenue forecast for May 24 based on 3 analysts is $2.00B, with a low forecast of $2.00B, and a high forecast of $2.00B. ABM's average Quarter revenue forecast represents a -3.39% decrease compared to the company's last Quarter revenue of $2.07B (Jan 24).
ABM Industries EBITDA Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 5 | 5 | 8 | 5 | 4 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $74.10M | $106.40M | $138.90M | - | $92.00M | $98.90M | $116.70M | - | $134.20M | $80.10M | $13.00M | - | $132.70M | $98.90M | $117.90M | - | $74.20M | $95.50M | $87.40M |
| Avg Forecast | $126.38M | $123.61M | $119.83M | $122.29M | $121.74M | $120.87M | $116.49M | $118.05M | $118.57M | $116.14M | $90.41M | $114.76M | $115.49M | $114.63M | $82.19M | $82.60M | $101.48M | $98.98M | $74.72M | $94.50M | $84.88M | $77.57M | $79.26M | $76.38M | $74.21M | $76.07M | $46.65M | $82.77M | $86.48M | $85.35M |
| High Forecast | $127.70M | $124.90M | $121.08M | $123.57M | $123.01M | $122.14M | $117.71M | $119.29M | $120.27M | $116.15M | $108.49M | $114.76M | $116.05M | $115.83M | $98.63M | $99.12M | $103.29M | $100.75M | $89.66M | $96.18M | $86.39M | $78.96M | $95.11M | $77.75M | $75.53M | $77.43M | $55.98M | $84.25M | $88.03M | $86.88M |
| Low Forecast | $124.73M | $122.00M | $118.27M | $120.69M | $120.15M | $119.30M | $114.97M | $117.48M | $116.30M | $116.14M | $72.33M | $114.76M | $114.36M | $113.14M | $65.75M | $66.08M | $98.27M | $95.85M | $59.77M | $91.51M | $82.19M | $75.12M | $63.41M | $73.97M | $71.86M | $73.66M | $37.32M | $80.15M | $83.75M | $82.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.65% | 0.92% | 1.21% | - | 1.11% | 0.97% | 1.18% | - | 1.42% | 0.94% | 0.17% | - | 1.74% | 1.33% | 1.55% | - | 0.90% | 1.10% | 1.02% |
3 analysts predict ABM's average Quarter EBITDA for May 24 to be $90.41M, with a high of $108.49M and a low of $72.33M. This is 22.01% upper than ABM Industries's previous annual EBITDA (Jan 24) of $74.10M.
ABM Industries Net Income Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 5 | 5 | 8 | 5 | 4 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $44.70M | $62.80M | $98.10M | - | $38.50M | $48.90M | $56.80M | - | $76.00M | $34.30M | $-13.70M | - | $74.60M | $53.10M | $56.00M | - | $28.00M | $48.00M | $36.80M |
| Avg Forecast | $76.48M | $66.30M | $59.78M | $52.90M | $64.13M | $63.21M | $57.03M | $48.12M | $55.34M | $54.70M | $73.10M | $45.35M | $58.60M | $55.40M | $66.45M | $35.37M | $56.06M | $57.42M | $60.41M | $49.32M | $50.69M | $51.54M | $44.59M | $38.99M | $44.66M | $26.56M | $18.34M | $18.84M | $39.69M | $36.58M |
| High Forecast | $77.52M | $67.20M | $60.59M | $53.62M | $65.00M | $64.07M | $57.81M | $51.29M | $58.56M | $54.71M | $87.72M | $45.35M | $61.13M | $56.15M | $79.74M | $42.45M | $57.36M | $58.76M | $72.49M | $50.46M | $51.87M | $52.74M | $53.51M | $39.89M | $45.70M | $27.18M | $22.01M | $19.28M | $40.61M | $37.43M |
| Low Forecast | $75.18M | $65.17M | $58.77M | $52.01M | $63.04M | $62.14M | $56.07M | $46.22M | $54.06M | $54.68M | $58.48M | $45.34M | $56.08M | $54.46M | $53.16M | $28.30M | $53.76M | $55.06M | $48.33M | $47.29M | $48.61M | $49.42M | $35.67M | $37.39M | $42.83M | $25.47M | $14.68M | $18.06M | $38.06M | $35.07M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.07% | 1.77% | - | 1.09% | 0.87% | 0.99% | - | 1.54% | 0.68% | -0.27% | - | 1.91% | 1.19% | 2.11% | - | 1.49% | 1.21% | 1.01% |
ABM Industries's average Quarter net income forecast for May 24 is $73.10M, with a range of $58.48M to $87.72M. ABM's average Quarter net income forecast represents a 63.53% increase compared to the company's last Quarter net income of $44.70M (Jan 24).
ABM Industries SG&A Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 5 | 5 | 8 | 5 | 4 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $154.60M | $161.30M | $104.30M | - | $150.60M | $159.70M | $158.60M | - | $153.10M | $180.90M | $253.80M | - | $122.60M | $155.30M | $113.70M | - | $117.60M | $112.00M | $119.80M |
| Avg Forecast | $186.58M | $182.49M | $176.91M | $180.54M | $179.73M | $178.45M | $171.98M | $174.28M | $175.04M | $171.47M | $147.15M | $169.43M | $170.50M | $169.24M | $133.78M | $186.55M | $165.13M | $161.07M | $121.62M | $153.77M | $138.12M | $126.23M | $73.28M | $124.29M | $120.75M | $123.78M | $77.05M | $134.69M | $140.73M | $138.89M |
| High Forecast | $188.53M | $184.40M | $178.76M | $182.43M | $181.61M | $180.32M | $173.77M | $176.11M | $177.56M | $171.47M | $176.59M | $169.43M | $171.34M | $171.01M | $160.53M | $223.86M | $168.08M | $163.95M | $145.94M | $156.52M | $140.58M | $128.48M | $87.94M | $126.52M | $122.91M | $126.00M | $92.46M | $137.10M | $143.25M | $141.38M |
| Low Forecast | $184.15M | $180.12M | $174.60M | $178.19M | $177.39M | $176.13M | $169.73M | $173.44M | $171.69M | $171.47M | $117.72M | $169.43M | $168.83M | $167.03M | $107.02M | $149.24M | $159.90M | $155.98M | $97.29M | $148.91M | $133.75M | $122.24M | $58.63M | $120.36M | $116.93M | $119.87M | $61.64M | $130.43M | $136.28M | $134.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 0.95% | 0.62% | - | 0.81% | 0.97% | 0.98% | - | 1.00% | 1.31% | 2.01% | - | 0.99% | 1.29% | 0.92% | - | 0.87% | 0.80% | 0.86% |
ABM Industries's average Quarter SG&A projection for May 24 is $147.15M, based on 3 Wall Street analysts, with a range of $117.72M to $176.59M. The forecast indicates a -4.82% fall compared to ABM last annual SG&A of $154.60M (Jan 24).
ABM Industries EPS Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 5 | 5 | 8 | 5 | 4 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.70 | $0.97 | $1.48 | - | $0.58 | $0.74 | $0.85 | - | $1.12 | $0.51 | $-0.20 | - | $1.11 | $0.79 | $0.84 | - | $0.42 | $0.72 | $0.55 |
| Avg Forecast | $1.20 | $1.04 | $0.94 | $0.83 | $1.01 | $1.00 | $0.90 | $0.76 | $0.87 | $0.86 | $0.79 | $0.71 | $0.92 | $0.87 | $0.86 | $0.77 | $0.88 | $0.90 | $0.84 | $0.78 | $0.80 | $0.81 | $0.71 | $0.61 | $0.70 | $0.42 | $0.29 | $0.30 | $0.63 | $0.58 |
| High Forecast | $1.22 | $1.06 | $0.95 | $0.84 | $1.02 | $1.01 | $0.91 | $0.81 | $0.92 | $0.86 | $0.79 | $0.71 | $0.96 | $0.88 | $0.87 | $0.78 | $0.90 | $0.93 | $0.86 | $0.79 | $0.82 | $0.83 | $0.73 | $0.63 | $0.72 | $0.43 | $0.30 | $0.30 | $0.64 | $0.59 |
| Low Forecast | $1.18 | $1.03 | $0.93 | $0.82 | $0.99 | $0.98 | $0.88 | $0.73 | $0.85 | $0.86 | $0.79 | $0.71 | $0.88 | $0.86 | $0.85 | $0.75 | $0.85 | $0.87 | $0.81 | $0.74 | $0.77 | $0.78 | $0.68 | $0.59 | $0.67 | $0.40 | $0.28 | $0.28 | $0.60 | $0.55 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.05% | 1.70% | - | 0.76% | 0.84% | 0.94% | - | 1.44% | 0.64% | -0.25% | - | 1.81% | 1.12% | 2.01% | - | 1.42% | 1.15% | 0.95% |
According to 3 Wall Street analysts, ABM Industries's projected average Quarter EPS for May 24 is $0.79, with a low estimate of $0.79 and a high estimate of $0.79. This represents a 13.18% increase compared to ABM previous annual EPS of $0.70 (Jan 24).
ABM Industries Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MMS | Maximus | $70.20 | $110.00 | 56.70% | |
| FA | First Advantage | $19.33 | $21.00 | 8.64% | Hold |
| ARMK | Aramark | $38.77 | $40.90 | 5.49% | Buy |
| CASS | Cass Information Systems | $43.89 | $45.00 | 2.53% | Buy |
| AZZ | AZZ | $89.95 | $91.33 | 1.53% | Buy |
| BV | BrightView | $16.72 | $15.75 | -5.80% | Buy |
| ABM | ABM Industries | $54.91 | $47.00 | -14.41% | Buy |