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


OverviewRevenueOwnershipFinancialsChartTranscripts

ABM Stock Forecast


ABM Industries (ABM) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $47.00, with a high of $49.00 and a low of $45.00. This represents a -11.32% decline from the last price of $53.00.

$40 $44 $48 $52 $56 $60 High: $49 Avg: $47 Low: $45 Last Closed Price: $53

ABM Stock Rating


ABM Industries stock's rating consensus is Buy, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (80.00%), 1 Hold (20.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 5 0 1 4 Strong Sell Sell Hold Buy Strong Buy

ABM Forecast vs Benchmarks


TypeNameUpside
StockABM Industries-11.32%
SectorIndustrials Stocks 15.95%
IndustryBusiness Services Stocks11.44%

Price Target Trends


1M3M12M
# Anlaysts--2
Avg Price Target--$47.00
Last Closing Price$53.00$53.00$53.00
Upside/Downside---11.32%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25116--8
Dec, 24116--8
Nov, 24226--10
Oct, 24226--10
Sep, 24226--10
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 10, 2024Andrew WittmannRobert W. Baird$49.00$49.90-1.80%-7.55%
Jun 06, 2024Jasper BibbTruist Financial$45.00$48.22-6.68%-15.09%
Nov 13, 2023Jasper BibbTruist Financial$43.00$39.768.15%-18.87%
Jun 21, 2022Andrew WittmannRobert W. Baird$50.00$39.0128.17%-5.66%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Sep 06, 2024Deutsche BankBuydowngrade
Jun 06, 2024UBSNeutralNeutralhold
Dec 11, 2023UBSNeutralNeutralhold
Sep 11, 2023Telsey AdvisoryOverweightOverweighthold
Jun 21, 2022Robert W. BairdOutperformupgrade

Financial Forecast


EPS Forecast

Oct 20 Oct 21 Oct 22 Oct 23 Oct 24 Oct 25 Oct 26 Oct 27
Oct 20Oct 21Oct 22Oct 23Oct 24Oct 25Oct 26Oct 27
Reported-$1.87$3.44$3.81----
Avg Forecast$2.44$3.51$3.12$3.41$3.54$3.73$4.10$4.49
High Forecast$2.38$3.43$2.50$3.37$3.52$3.62$4.08$4.31
Low Forecast$2.46$3.55$3.74$3.44$3.58$3.82$4.13$4.56
Surprise %--46.72%10.26%11.73%----

Revenue Forecast

$6B $6B $7B $8B $8B $9B Oct 20 Oct 21 Oct 22 Oct 23 Oct 24 Oct 25 Oct 26 Oct 27
Oct 20Oct 21Oct 22Oct 23Oct 24Oct 25Oct 26Oct 27
Reported$5.99B$6.23B$7.81B$8.10B----
Avg Forecast$5.94B$6.17B$7.37B$8.03B$8.26B$8.50B$8.72B$8.95B
High Forecast$5.83B$6.07B$5.90B$8.02B$8.23B$8.46B$8.65B$8.95B
Low Forecast$5.98B$6.22B$8.84B$8.04B$8.29B$8.55B$8.78B$8.95B
Surprise %0.85%0.89%5.92%0.84%----

Net Income Forecast

$-50M $30M $110M $190M $270M $350M Oct 20 Oct 21 Oct 22 Oct 23 Oct 24 Oct 25 Oct 26 Oct 27
Oct 20Oct 21Oct 22Oct 23Oct 24Oct 25Oct 26Oct 27
Reported$200.00K$126.30M$230.40M$251.30M----
Avg Forecast$-23.48K$91.04M$126.51M$251.30M$225.62M$236.74M$261.04M$275.61M
High Forecast$-46.13M$68.04M$95.14M$188.99M$223.71M$230.34M$259.45M$274.33M
Low Forecast$46.09M$114.05M$157.88M$313.61M$227.53M$243.14M$262.63M$290.06M
Surprise %-951.79%38.73%82.12%-----

ABM Forecast FAQ


Is ABM Industries stock a buy?

ABM Industries stock has a consensus rating of Buy, based on 5 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that ABM Industries is a favorable investment for most analysts.

What is ABM Industries's price target?

ABM Industries's price target, set by 5 Wall Street analysts, averages $47 over the next 12 months. The price target range spans from $45 at the low end to $49 at the high end, suggesting a potential -11.32% change from the previous close price of $53.

How does ABM Industries stock forecast compare to the average forecast of its sector, industry, and investment themes?

ABM Industries stock forecast shows a -11.32% downside, underperforming the average forecast for the industrials stocks sector (15.95%) and underperforming the business services stocks industry (11.44%).

What is the breakdown of analyst ratings for ABM Industries over the past three months?

  • January 2025: 12.50% Strong Buy, 12.50% Buy, 75.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 12.50% Strong Buy, 12.50% Buy, 75.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 20.00% Strong Buy, 20.00% Buy, 60.00% Hold, 0% Sell, 0% Strong Sell.

What is ABM Industries’s EPS forecast?

ABM Industries's average annual EPS forecast for its fiscal year ending in October is 3.54 for 2024, a -7.09% decrease from the reported $3.81 in 2023. The prediction for 2025 is $3.73, $4.1 for 2026, and $4.49 for 2027.

What is ABM Industries’s revenue forecast?

ABM Industries's average annual revenue forecast for its fiscal year ending in October is $8.26B for 2024, a 2.04% increase from the reported $8.1B in 2023. The forecast for 2025 is $8.5B, $8.72B for 2026, and $8.95B for 2027.

What is ABM Industries’s net income forecast?

For its fiscal year ending in October, ABM Industries's average annual net income forecast is $225.62M for 2024, reflecting a -10.22% decrease from the reported $251.3M in 2023. The projection for 2025 is $236.74M, $261.04M for 2026, and $275.61M for 2027.