Robert W. Baird analyst Andrew Wittmann maintained a Hold rating on ABM Industries (NYSE:ABM) on Thursday, setting a price target of $48, which is approximately 11.37% above the present share price of $43.1.
Wittmann expects ABM Industries to post earnings per share (EPS) of $0.46 for the third quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in ABM Industries, with an average price target of $61.
The analysts price targets range from a high of $75 to a low of $48.
In its latest earnings report, released on 04/30/2021, the company reported a quarterly revenue of $1.5 billion and a net profit of $50.3 million. The company's market cap is $2.89 billion.
According to TipRanks.com, Robert W. Baird analyst Andrew Wittmann is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.7% and a 69.94% success rate.
ABM Industries, Inc. engages in the provision of facility services for commercial, industrial, and institutional buildings. It operates through the following segments: Business & Industry, Aviation, Technology & Manufacturing, Education, and Technical Solutions. The Business & Industry segment encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues. It also provides vehicle maintenance services to rental car providers. The Aviation segment supports airlines and airports with parking and janitorial to passenger assistance, catering logistics, air cabin maintenance, and transportation. The Technology & Manufacturing segment provides janitorial, facilities engineering, and parking services. The Education segment delivers janitorial, custodial, landscaping & grounds, facilities engineering and parking services for public school districts, private schools, colleges and universities. The Technical Solutions segment engages in mechanical and electrical services. The company was founded by Morris Rosenberg in 1909 and is headquartered in New York, NY.