ABM Industries Stock Target Price and Analyst Consensus

ABM Stock  USD 56.38  0.80  1.44%   
The current analyst and expert consensus on ABM Industries is Buy with 6 hold recommendations. The current projected ABM Industries target price consensus is 46.80 with 8 analyst opinions. One of the most common ways ABM Industries analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to ABM Industries vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on ABM Industries. We strongly encourage you to use your own analysis of ABM Industries to validate this buy or sell advice. ABM Industries recommendation module provides expert sentiment on the projected ABM Industries target price to derive its highest and lowest estimates based on target price standard deviation of 1.8595.
Lowest Forecast
42.59
Highest Forecast
51.95
Target Price
46.8
As of the 22nd of November 2024, Gross Profit is likely to grow to about 1.2 B, while Pretax Profit Margin is likely to drop 0.03. At this time, ABM Industries' Net Debt is very stable compared to the past year. As of the 22nd of November 2024, Retained Earnings is likely to grow to about 1.5 B, though Non Currrent Assets Other are likely to grow to (66.1 M).
  
It's important to approach ABM Industries' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize ABM Industries price targets

ABM Industries' stock target price is an estimate of its future price, usually made by analysts. Using ABM Industries' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at ABM Industries' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if ABM Industries' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional ABM Industries Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of ABM Industries is a key component of ABM Industries valuation and have some predictive power on the future returns of a ABM Industries.
Hype
Prediction
LowEstimatedHigh
54.5556.4158.27
Details
Intrinsic
Valuation
LowRealHigh
49.0750.9362.02
Details
Naive
Forecast
LowNextHigh
52.9654.8256.68
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.880.880.89
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ABM Industries. Your research has to be compared to or analyzed against ABM Industries' peers to derive any actionable benefits. When done correctly, ABM Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ABM Industries.

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When determining whether ABM Industries is a strong investment it is important to analyze ABM Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ABM Industries' future performance. For an informed investment choice regarding ABM Stock, refer to the following important reports:
Check out Macroaxis Advice on ABM Industries to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.