Market Watch: Abacus Global Management Inc (ABL)’s Noteworthy Gain%, Closing at $6.29

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

As of close of business last night, Abacus Global Management Inc’s stock clocked out at $6.29, up 8.82% from its previous closing price of $5.78. In other words, the price has increased by $8.82 from its previous closing price. On the day, 0.62 million shares were traded. ABL stock price reached its highest trading level at $6.355 during the session, while it also had its lowest trading level at $5.75.

Ratios:

To gain a deeper understanding of ABL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 0.76. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.58.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on April 29, 2025, initiated with a Buy rating and assigned the stock a target price of $14.

On October 24, 2024, Northland Capital started tracking the stock assigning a Outperform rating and target price of $13.50.

On August 07, 2024, TD Cowen started tracking the stock assigning a Buy rating and target price of $14.TD Cowen initiated its Buy rating on August 07, 2024, with a $14 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 04 ’25 when McNealy Sean bought 86,207 shares for $5.77 per share. The transaction valued at 497,759 led to the insider holds 12,455,707 shares of the business.

Kirby Kevin Scott bought 86,207 shares of ABL for $497,759 on Jun 04 ’25. The Co-Founder and President now owns 12,447,415 shares after completing the transaction at $5.77 per share. On Jun 04 ’25, another insider, McCauley William Hugh JR, who serves as the Chief Financial Officer of the company, bought 33,000 shares for $5.82 each. As a result, the insider paid 192,156 and bolstered with 87,000 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ABL now has a Market Capitalization of 641900800 and an Enterprise Value of 870091200. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.93 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 5.38 whereas that against EBITDA is 16.371.

Stock Price History:

The Beta on a monthly basis for ABL is 0.01, which has changed by -0.39808613 over the last 52 weeks, in comparison to a change of 0.18157876 over the same period for the S&P500. Over the past 52 weeks, ABL has reached a high of $11.86, while it has fallen to a 52-week low of $4.60. The 50-Day Moving Average of the stock is 13.12%, while the 200-Day Moving Average is calculated to be -14.30%.

Shares Statistics:

It appears that ABL traded 1.02M shares on average per day over the past three months and 736450 shares per day over the past ten days. A total of 91.82M shares are outstanding, with a floating share count of 37.09M. Insiders hold about 63.66% of the company’s shares, while institutions hold 28.00% stake in the company. Shares short for ABL as of 1753920000 were 4111669 with a Short Ratio of 4.02, compared to 1751241600 on 4194071. Therefore, it implies a Short% of Shares Outstanding of 4111669 and a Short% of Float of 23.53.

Earnings Estimates

The market rating of Abacus Global Management Inc (ABL) is currently shaped by the ongoing analysis conducted by 5.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.2, with high estimates of $0.21 and low estimates of $0.19.

Analysts are recommending an EPS of between $0.82 and $0.73 for the fiscal current year, implying an average EPS of $0.78. EPS for the following year is $0.97, with 4.0 analysts recommending between $1.04 and $0.85.

Revenue Estimates

In the current quarter, 4 analysts expect revenue to total $54.38M. It ranges from a high estimate of $56.25M to a low estimate of $52.45M. As of the current estimate, Abacus Global Management Inc’s year-ago sales were $28.15MFor the next quarter, 4 analysts are estimating revenue of $55.77M. There is a high estimate of $56.88M for the next quarter, whereas the lowest estimate is $54.46M.

A total of 5 analysts have provided revenue estimates for ABL’s current fiscal year. The highest revenue estimate was $213.5M, while the lowest revenue estimate was $188.9M, resulting in an average revenue estimate of $203.99M. In the same quarter a year ago, actual revenue was $111.92MBased on 4 analysts’ estimates, the company’s revenue will be $249.07M in the next fiscal year. The high estimate is $258.55M and the low estimate is $230.8M.

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