Analyzing Abacus Global Management (ABX) and Its Rivals

Abacus Global Management (NYSE:ABX) is one of 350 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 businesses based on the strength of its institutional ownership, valuation, analyst recommendations, risk, profitability, earnings and dividends.

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%	21.17%	10.15%
Abacus Global Management Competitors	-425.24%	-21.00%	-6.80%

Earnings and Valuation

This table compares Abacus Global Management and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Abacus Global Management	$235.24 million	$36.53 million	33.93
Abacus Global Management Competitors	$20.91 billion	$1.04 billion	8.74

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.

Analyst Recommendations

This is a summary of recent ratings and target prices 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	1873	6710	11317	405	2.50

Abacus Global Management presently has a consensus target price of $12.00, indicating a potential upside of 26.32%. As a group, “Financial Services” companies have a potential downside of 0.53%. 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.

Institutional and Insider Ownership

42.4% of shares of all “Financial Services” companies are owned by institutional investors. 46.4% of Abacus Global Management shares are owned by insiders. Comparatively, 21.8% of shares of all “Financial Services” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Risk and Volatility

Abacus Global Management has a beta of 0.07, suggesting 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, suggesting that their average stock price is 126% more volatile than the S&P 500.

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.