Reviewing Abacus Global Management (ABX) and Its Competitors

Abacus Global Management (NYSE:ABX) is one of 350 public companies in the “Financial Services” industry, but how does it compare to its peers? We will compare Abacus Global Management to similar businesses based on the strength of its valuation, institutional ownership, risk, profitability, analyst recommendations, earnings and dividends.

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

Risk & Volatility

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

Analyst Ratings

This is a breakdown of current 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	1873	6710	11317	405	2.50

Abacus Global Management currently has a consensus price target of $12.00, suggesting 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, equities analysts clearly believe Abacus Global Management is more favorable than its peers.

Insider and Institutional 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 company insiders. Comparatively, 21.8% of shares of all “Financial Services” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Valuation and Earnings

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	33.93
Abacus Global Management Competitors	$20.91 billion	$1.04 billion	8.74

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.

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.