ABM ABM INDUSTRIES INC /DE/
Price Chart
Executive Summary
Maxim Group upgraded ABM Industries from Hold to Buy on March 11, 2026, with a $50 price target, implying 17.5% upside from the current $42.54. The upgrade is part of a cluster of eight firms acting on ABM, including Truist Securities, UBS, Baird, and Freedom Capital Markets. Maxim Group has a 43% accuracy rate on 305 calls and an average return of 5.9%, placing it below average among covering firms. Consensus is mixed: 6 Buy (including 2 Strong Buy), 6 Hold, 0 Sell across 12 analysts. The mean price target is $51.86, median $50, high $68, low $45. The $50 target is in line with the median but below the mean. Over the past 30 days, there have been 0 upgrades and 0 downgrades, but EPS revisions for the current quarter show 5 upward revisions vs. 2 downward, indicating improving near-term sentiment. No insider trades or congressional activity are recorded. Institutional activity is mixed: Norges Bank opened a new $32.9M position but also exited a prior one, while FMR added 27.2% and Two Sigma doubled its stake. The upgrade from a below-average-accuracy firm in a cluster of mostly neutral actions limits conviction. The bottom line: a modest bullish signal from a low-accuracy firm, partially offset by mixed institutional flows and a consensus that already leans bullish. Traders should treat this as a mild positive but not a strong catalyst.
Impact Score
Consensus & Targets
Consensus is mixed: 2 Strong Buy, 4 Buy, 6 Hold, 0 Sell, 0 Strong Sell across 12 analysts. That's 50% Buy/Strong Buy, 50% Hold, 0% Sell. The direction is slightly bullish but heavily split, with no bearish representation.
Current price: $42.54. Mean target: $51.86 (21.9% upside). Median: $50 (17.5% upside). High: $68 (59.8% upside). Low: $45 (5.8% upside). Maxim's $50 target is exactly at the median, below the mean, and above the low. It sits in the middle of the range, not aggressive.
Recent Analyst Activity
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| 2026-06-08 | Baird | maintain | Neutral | $48.00 |
| 2026-03-11 | UBS | maintain | Neutral | — |
| 2026-03-11 | Maxim Group | upgrade | Buy | — |
| 2026-03-11 | Truist Securities | maintain | Hold | — |
| 2026-03-11 | Baird | maintain | Neutral | — |
| 2026-01-21 | Truist Securities | downgrade | Hold | $47.00 |
| 2025-12-18 | UBS | downgrade | Neutral | $51.00 |
| 2025-12-10 | Freedom Capital Markets | initiate | Buy | $54.00 |
| 2025-09-08 | UBS | maintain | Buy | $55.00 |
| 2025-09-08 | Baird | downgrade | Neutral | $54.00 |
Over the past 30 days, there have been 0 upgrades and 0 downgrades. EPS revisions for the current quarter show 5 upward revisions vs. 2 downward in the last 30 days, with the average EPS estimate rising from $1.01947 to $1.02836. For the current fiscal year, 1 upward revision vs. 5 downward, indicating a mixed longer-term picture. Near-term estimates are improving.
Firm Track Record — Maxim Group
Maxim Group accuracy: 43% on 305 calls | avg return: 5.9%
Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 3 firms with ≥5 scored calls.
| Firm | Accuracy | Calls | Avg Return | vs Average |
|---|---|---|---|---|
| Baird | 75% | 3/4 | 1.3% | top tier |
| Truist Securities | 50% | 1/2 | 5.8% | below average |
| UBS | 43% | 3/7 | -2.6% | below average |
Maxim Group has a 43% accuracy rate on 305 scored calls with an average return of 5.9%. This is below average among firms covering ABM. The best-performing firm is Baird (75% accuracy on 4 calls, top tier). The worst is UBS (43% on 7 calls, below average). Maxim's record is similar to UBS's, not a standout.
Earnings Estimates
| Period | EPS Est. | EPS Range | Revenue | Revisions (7d) |
|---|---|---|---|---|
| 0q | $1.03 | $0.98 — $1.07 | $2.3B | ↑5 ↓0 |
| 0y | $3.98 | $3.85 — $4.04 | $9.2B | ↑1 ↓0 |
| +1q | $1.25 | $1.14 — $1.40 | $2.4B | ↑3 ↓0 |
| +1y | $4.33 | $4.11 — $4.55 | $9.5B | ↑2 ↓0 |
Cross-Platform Signals
No insider trades or congressional activity are recorded. Institutional changes are mixed: Norges Bank opened a new $32.9M position but also exited a prior one (net neutral). FMR added 27.2%, Wells Fargo added 41.4%, and Two Sigma doubled its stake (+130.4%). These large adds from multiple funds suggest institutional accumulation, which converges with the bullish upgrade. No short interest data is available. The institutional buying provides a confirming signal.
Actionable Insight
**The upgrade from a low-accuracy firm in a cluster of neutral actions is a mild positive, but the real signal is the institutional accumulation from FMR, Wells Fargo, and Two Sigma. Traders can use the $42.54 entry as a base, with upside to the $50 median target, but should not overweigh Maxim's call alone.**
Documents Analyzed
Report based on filing metadata.
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 14, 2026
1d ago
|
Institutional Cluster
| — | awaiting T+5 | — | — |
|
Jun 10, 2026
5d ago
|
ANALYST-UPGRADE
| $41.41 awaiting T+5 | awaiting T+5 | — | $45.93 (+10.92%) |
|
Jun 5, 2026
9d ago
|
8-K
| $39.88 awaiting T+5 | awaiting T+5 | — | $45.93 (+15.18%) |
|
Jun 5, 2026
9d ago
|
Press Release
| $39.88 awaiting T+5 | awaiting T+5 | — | $45.93 (+15.18%) |
|
May 22, 2026
23d ago
|
Press Release
| $40.19 $39.10 | ▲ +2.71% | ▲ +4.39% | $45.93 (−14.28%) |
|
Mar 30, 2026
11w ago
|
Court Ruling
| $37.60 $38.30 | ▲ +1.87% | ▼ −2.43% | $45.93 (+22.17%) |
|
Mar 10, 2026
13w ago
|
Press Release
| $40.97 $37.87 | ▼ −7.56% | ▼ −6.65% | $45.93 (+12.10%) |
US Market Status
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