Financial Review: Abacus Global Management (ABX) and Its Competitors

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

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Abacus Global Management	$235.24 million	$36.53 million	33.96
Abacus Global Management Competitors	$24.36 billion	$1.07 billion	9.71

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.

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%

Risk & Volatility

Abacus Global Management has a beta of 0.06, suggesting 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, suggesting that their average stock price is 127% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Abacus Global Management and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Abacus Global Management	0	3	1	1	2.60
Abacus Global Management Competitors	1899	6736	11416	414	2.51

Abacus Global Management presently has a consensus target price of $12.00, suggesting a potential upside of 26.21%. As a group, “Financial Services” companies have a potential upside of 3.20%. Given Abacus Global Management’s stronger consensus rating and higher possible upside, research analysts plainly believe Abacus Global Management is more favorable than its peers.

Insider and Institutional 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 endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

Abacus Global Management beats its peers 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.