ABM Industries (ABM) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

ABM Stock Forecast


ABM Industries stock forecast is as follows: an average price target of $47.00 (represents a -11.47% downside from ABM’s last price of $53.09) 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 -11.47% downside from ABM's last price of $53.09.

ABM Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 10, 2024Andrew WittmannRobert W. Baird$49.00$49.90-1.80%-7.70%
Jun 06, 2024Jasper BibbTruist Financial$45.00$48.22-6.67%-15.24%
Nov 13, 2023Jasper BibbTruist Financial$43.00$39.768.15%-19.01%
Jun 21, 2022Andrew WittmannRobert W. Baird$50.00$39.0128.17%-5.82%
Row per page
Go to

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 -7.70% decrease from ABM last price ($53.09).

ABM Industries Price Target by Period


1M3M12M
# Anlaysts--3
Avg Price Target--$45.67
Last Closing Price$53.09$53.09$53.09
Upside/Downside-100.00%-100.00%-13.98%

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 $53.09. 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


DateCompanyPrevious RatingNew RatingRating Change
Sep 06, 2024Deutsche Bank-BuyDowngrade
Sep 06, 2024UBSNeutralNeutralHold
Jun 06, 2024UBSNeutralNeutralHold
Dec 11, 2023UBSNeutralNeutralHold
Sep 11, 2023Telsey AdvisoryOverweightOverweightHold
Sep 11, 2023Raymond JamesOverweightOverweightHold
Jun 21, 2022Robert W. Baird-OutperformUpgrade
Row per page
Go to

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 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 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$2.24B$2.16B$2.14B$2.17B$2.13B$2.12B$2.04B$2.07B$2.07B$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$2.27B$2.19B$2.17B$2.20B$2.16B$2.15B$2.07B$2.09B$2.10B$2.04B$2.00B$2.01B$2.04B$2.04B$2.03B$2.05B$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$2.20B$2.13B$2.11B$2.13B$2.09B$2.08B$2.01B$2.05B$2.04B$2.04B$2.00B$2.01B$2.01B$1.98B$1.97B$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
# Analysts222211156333633333333333558549
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 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19
# Analysts222211156333633333333333558549
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$115.78M$111.79M$110.71M$112.00M$110.04M$109.49M$105.66M$107.10M$107.34M$105.37M$90.41M$104.12M$104.78M$104.00M$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$117.55M$113.50M$112.40M$113.71M$111.72M$111.16M$107.28M$108.14M$108.88M$105.37M$108.49M$104.12M$105.29M$105.59M$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$113.99M$110.07M$109.00M$110.28M$108.35M$107.80M$104.04M$106.07M$105.28M$105.37M$72.33M$104.12M$103.75M$102.40M$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 %-----------0.71%1.02%1.34%-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 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19
# Analysts222211156333633333333333558549
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$82.87M$65.72M$60.01M$53.34M$63.13M$62.48M$57.12M$49.75M$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$84.51M$67.03M$61.20M$54.40M$64.38M$63.72M$58.26M$53.03M$58.56M$54.71M$87.72M$45.35M$61.13M$56.50M$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$81.21M$64.41M$58.81M$52.27M$61.86M$61.23M$55.98M$47.79M$54.06M$54.68M$58.48M$45.34M$56.08M$54.29M$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 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19
# Analysts222211156333633333333333558549
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$188.40M$181.92M$180.15M$182.26M$179.07M$178.16M$171.94M$174.28M$174.67M$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$191.28M$184.70M$182.90M$185.04M$181.80M$180.88M$174.57M$175.97M$177.18M$171.47M$176.59M$169.43M$171.34M$171.82M$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$185.50M$179.12M$177.37M$179.45M$176.31M$175.42M$169.29M$172.60M$171.33M$171.47M$117.72M$169.43M$168.83M$166.63M$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 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19
# Analysts222211156333633333333333558549
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$1.30$1.03$0.94$0.84$0.99$0.98$0.90$0.78$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$1.33$1.06$0.96$0.86$1.01$1.00$0.92$0.84$0.92$0.86$0.79$0.71$0.96$0.89$0.88$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$1.28$1.01$0.93$0.82$0.97$0.96$0.88$0.75$0.85$0.86$0.79$0.71$0.88$0.85$0.84$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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MMSMaximus$86.96$110.0026.49%-
FAFirst Advantage$17.56$21.0019.59%Hold
AZZAZZ$77.16$87.1712.97%Buy
CASSCass Information Systems$42.52$45.005.83%Buy
ARMKAramark$38.21$39.453.25%Buy
ABMABM Industries$53.09$47.00-11.47%Buy
BVBrightView$16.67$13.25-20.52%Buy

ABM Forecast FAQ


Yes, according to 5 Wall Street analysts, ABM Industries (ABM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 80.00% of ABM's total ratings.

ABM Industries (ABM) average price target is $47 with a range of $45 to $49, implying a -11.47% from its last price of $53.09. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for ABM stock, the company can go down by -11.47% (from the last price of $53.09 to the average price target of $47), down by -7.70% based on the highest stock price target, and down by -15.24% based on the lowest stock price target.

ABM's average twelve months analyst stock price target of $47 does not support the claim that ABM Industries can reach $80 in the near future.

ABM Industries's analysts financial forecasts for the fiscal year (Oct 2025) are as follows: average revenue is $8.36B (high $8.47B, low $8.24B), average EBITDA is $432.29M (high $438.3M, low $426.25M), average net income is $232.49M (high $239.39M, low $226.86M), average SG&A $703.46M (high $713.22M, low $693.62M), and average EPS is $3.66 (high $3.77, low $3.57). ABM's analysts financial forecasts for the fiscal year (Oct 2026) are as follows: average revenue is $8.7B (high $8.84B, low $8.57B), average EBITDA is $450.28M (high $457.16M, low $443.34M), average net income is $261.94M (high $267.14M, low $256.69M), average SG&A $732.73M (high $743.92M, low $721.44M), and average EPS is $4.12 (high $4.21, low $4.04).

Based on ABM Industries's last annual report (Oct 2023), the company's revenue was $8.1B, beating the average analysts forecast of $8.06B by 0.49%. Apple's EBITDA was $409.5M, beating the average prediction of $373.57M by 9.62%. The company's net income was $251.3M, beating the average estimation of $215.83M by 16.44%. Apple's SG&A was $572.8M, missing the average forecast of $660.07M by -13.22%. Lastly, the company's EPS was $3.81, beating the average prediction of $3.42 by 11.34%. In terms of the last quarterly report (Jan 2024), ABM Industries's revenue was $2.07B, beating the average analysts' forecast of $2.01B by 2.83%. The company's EBITDA was $74.1M, missing the average prediction of $104.12M by -28.83%. ABM Industries's net income was $44.7M, missing the average estimation of $45.35M by -1.43%. The company's SG&A was $154.6M, missing the average forecast of $169.43M by -8.75%. Lastly, the company's EPS was $0.7, missing the average prediction of $0.714 by -1.98%