Reviewing Abacus Global Management (ABX) & Its Peers

Abacus Global Management (NYSE:ABX) is one of 346 public companies in the “Financial Services” industry, but how does it weigh in compared to its competitors? We will compare Abacus Global Management to related companies based on the strength of its analyst recommendations, valuation, earnings, profitability, institutional ownership, dividends and risk.

Analyst Recommendations

This is a summary of current ratings and price targets for Abacus Global Management and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Abacus Global Management	0	3	1	1	2.60
Abacus Global Management Competitors	1880	6729	11346	406	2.50

Abacus Global Management currently has a consensus price target of $12.00, indicating a potential upside of 31.65%. As a group, “Financial Services” companies have a potential upside of 4.64%. Given Abacus Global Management’s stronger consensus rating and higher probable upside, research analysts plainly believe Abacus Global Management is more favorable than its competitors.

Volatility & Risk

Abacus Global Management has a beta of 0.07, indicating that its stock price is 93% less volatile than the S&P 500. Comparatively, Abacus Global Management’s competitors have a beta of 2.26, indicating that their average stock price is 126% more volatile than the S&P 500.

Profitability

This table compares Abacus Global Management and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Abacus Global Management	10.55%	21.03%	10.19%
Abacus Global Management Competitors	-397.66%	-19.10%	-6.60%

Earnings and Valuation

This table compares Abacus Global Management and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Abacus Global Management	$235.24 million	$36.53 million	32.55
Abacus Global Management Competitors	$6.64 billion	$1.06 billion	9.82

Abacus Global Management’s competitors have higher revenue and earnings than Abacus Global Management. Abacus Global Management is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Institutional & Insider Ownership

42.8% of shares of all “Financial Services” companies are held by institutional investors. 46.4% of Abacus Global Management shares are held by company insiders. Comparatively, 21.5% of shares of all “Financial Services” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Abacus Global Management beats its competitors on 8 of the 13 factors compared.

Abacus Global Management Company Profile

Abacus Life, Inc. operates as an alternative asset manager specializing in life insurance products. It purchases life insurance policies from consumers seeking liquidity and manages policies over time via trading, holding, and/or servicing. The company was founded in 2004 and is based in Orlando, Florida.