ABACUS GLOBAL MANAGEMENT INC (ABX) Stock Price, Forecast & Analysis
USA - New York Stock Exchange - NYSE:ABX - US00258Y1047 - Common Stock
ABX Key Statistics, Chart & Performance
The current stock price of ABX is 8.1 USD.
ABX Technical Analysis
ChartMill assigns a technical rating of 3 / 10 to ABX.
ABX Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to ABX. ABX has a bad profitability rating. Also its financial health evaluation is rather negative.
ABX Financial Highlights
Over the last trailing twelve months ABX reported a non-GAAP Earnings per Share(EPS) of 0.76. The EPS increased by 94.87% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 5.62% | ||
| ROA | 1.2% | ||
| ROE | 2.51% | ||
| Debt/Equity | 0.66 |
ABX Forecast & Estimates
9 analysts have analysed ABX and the average price target is 13.39 USD. This implies a price increase of 65.28% is expected in the next year compared to the current price of 8.1.
For the next year, analysts expect an EPS growth of 30.13% and a revenue growth 102.15% for ABX
ABX Ownership
About ABX
Company Profile
Abacus Global Management, Inc. is an integrated alternative asset manager, which engages in the business of investing in force life insurance products. The company is headquartered in Orlando, Florida and currently employs 157 full-time employees. The company went IPO on 2020-07-23. The Company’s segments include Asset Management, Life Solutions and Technology Services. The Asset Management segment provides asset management services to primarily institutional investors alongside private clients investing in uncorrelated and longevity-based assets, fixed-income replacement strategies and free cash flow based investment solutions. The company also provides policy servicing activities to customers on a contract basis. The Life Solutions segment is engaged in buying, selling, and trading policies, and maintaining policies until receipt of death benefits. The Technology Services segment provides real-time mortality verification, missing participant verification, and other services specific to the life insurance market services to customers on a contract basis.
Company Info
ABACUS GLOBAL MANAGEMENT INC
2101 Park Center Drive, Suite 200
Orlando FLORIDA M5J2S1 US
CEO: John L. Thornton
Employees: 157
Phone: 18005614148
ABACUS GLOBAL MANAGEMENT INC / ABX FAQ
Can you describe the business of ABACUS GLOBAL MANAGEMENT INC?
Abacus Global Management, Inc. is an integrated alternative asset manager, which engages in the business of investing in force life insurance products. The company is headquartered in Orlando, Florida and currently employs 157 full-time employees. The company went IPO on 2020-07-23. The Company’s segments include Asset Management, Life Solutions and Technology Services. The Asset Management segment provides asset management services to primarily institutional investors alongside private clients investing in uncorrelated and longevity-based assets, fixed-income replacement strategies and free cash flow based investment solutions. The company also provides policy servicing activities to customers on a contract basis. The Life Solutions segment is engaged in buying, selling, and trading policies, and maintaining policies until receipt of death benefits. The Technology Services segment provides real-time mortality verification, missing participant verification, and other services specific to the life insurance market services to customers on a contract basis.
What is the current price of ABX stock?
The current stock price of ABX is 8.1 USD. The price decreased by -2.41% in the last trading session.
Does ABACUS GLOBAL MANAGEMENT INC pay dividends?
ABACUS GLOBAL MANAGEMENT INC (ABX) has a dividend yield of 9.46%. The yearly dividend amount is currently 0.
What is the ChartMill technical and fundamental rating of ABX stock?
ABX has a ChartMill Technical rating of 3 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
How is the valuation of ABACUS GLOBAL MANAGEMENT INC (ABX) based on its PE ratio?
The PE ratio for ABACUS GLOBAL MANAGEMENT INC (ABX) is 10.66. This is based on the reported non-GAAP earnings per share of 0.76 and the current share price of 8.1 USD.
How many employees does ABACUS GLOBAL MANAGEMENT INC have?
ABACUS GLOBAL MANAGEMENT INC (ABX) currently has 157 employees.
What is the ownership structure of ABACUS GLOBAL MANAGEMENT INC (ABX)?
You can find the ownership structure of ABACUS GLOBAL MANAGEMENT INC (ABX) on the Ownership tab.