Abacus Global Management (NYSE:ABX – Get Free Report) is one of 343 publicly-traded companies in the “Financial Services” industry, but how does it weigh in compared to its competitors? We will compare Abacus Global Management to similar companies based on the strength of its profitability, valuation, institutional ownership, risk, dividends, analyst recommendations and earnings.
Analyst Recommendations
This is a breakdown of recent 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 | 1902 | 6736 | 11424 | 414 | 2.51 |
Abacus Global Management presently has a consensus target price of $12.00, suggesting a potential upside of 26.45%. As a group, “Financial Services” companies have a potential upside of 2.11%. Given Abacus Global Management’s stronger consensus rating and higher probable upside, equities analysts plainly believe Abacus Global Management is more favorable than its competitors.
Valuation and Earnings
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Abacus Global Management | $235.24 million | $36.53 million | 33.89 |
| Abacus Global Management Competitors | $9.17 billion | $1.08 billion | 9.91 |
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.
Risk & Volatility
Abacus Global Management has a beta of 0.06, indicating that its share price is 94% less volatile than the S&P 500. Comparatively, Abacus Global Management’s competitors have a beta of 2.27, indicating that their average share price is 127% 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 | -407.52% | -22.02% | -5.73% |
Insider & Institutional Ownership
43.2% of shares of all “Financial Services” companies are owned by institutional investors. 46.4% of Abacus Global Management shares are owned by company insiders. Comparatively, 22.1% of shares of all “Financial Services” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Summary
Abacus Global Management beats its competitors on 8 of the 13 factors compared.
About Abacus Global Management
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.
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