Abacus Global Management (NYSE:ABX – Get Free Report) is one of 346 public companies in the “Financial Services” industry, but how does it compare to its competitors? We will compare Abacus Global Management to similar companies based on the strength of its valuation, institutional ownership, earnings, dividends, profitability, analyst recommendations and risk.
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 | -397.78% | -19.18% | -6.60% |
Analyst Recommendations
This is a summary of recent ratings and target prices for Abacus Global Management and its competitors, 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 | 1882 | 6739 | 11419 | 409 | 2.51 |
Institutional and Insider Ownership
43.0% of shares of all “Financial Services” companies are owned by institutional investors. 46.4% of Abacus Global Management shares are owned by insiders. Comparatively, 21.3% of shares of all “Financial Services” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Volatility and Risk
Abacus Global Management has a beta of 0.07, suggesting that its share 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 share price is 126% more volatile than the S&P 500.
Valuation & Earnings
This table compares Abacus Global Management and its competitors gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Abacus Global Management | $235.24 million | $36.53 million | 32.29 |
| Abacus Global Management Competitors | $6.39 billion | $1.06 billion | 10.02 |
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.
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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