Analyzing Abacus Global Management (ABX) and Its Peers

Abacus Global Management (NYSE:ABX) is one of 343 publicly-traded companies in the “Financial Services” industry, but how does it contrast to its peers? We will compare Abacus Global Management to similar businesses based on the strength of its valuation, analyst recommendations, institutional ownership, profitability, earnings, risk and dividends.

Analyst Recommendations

This is a summary of recent recommendations and price targets for Abacus Global Management and its peers, 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	1893	6728	11415	414	2.51

Abacus Global Management currently has a consensus price target of $12.00, suggesting a potential upside of 25.75%. As a group, “Financial Services” companies have a potential upside of 3.81%. Given Abacus Global Management’s stronger consensus rating and higher probable upside, equities analysts plainly believe Abacus Global Management is more favorable than its peers.

Profitability

This table compares Abacus Global Management and its peers’ 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	-407.42%	-21.88%	-5.62%

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Abacus Global Management	$235.24 million	$36.53 million	34.08
Abacus Global Management Competitors	$6.31 billion	$1.08 billion	9.32

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

Volatility & Risk

Abacus Global Management has a beta of 0.06, indicating that its stock price is 94% less volatile than the S&P 500. Comparatively, Abacus Global Management’s peers have a beta of 2.27, indicating that their average stock price is 127% more volatile than the S&P 500.

Institutional and Insider Ownership

43.2% of shares of all “Financial Services” companies are held by institutional investors. 46.4% of Abacus Global Management shares are held by insiders. Comparatively, 22.0% of shares of all “Financial Services” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Abacus Global Management beats its peers 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.