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.
The price of Abacus Global Management Inc (NASDAQ: ABL) closed at $6.06 in the last session, up 3.77% from day before closing price of $5.84. In other words, the price has increased by $3.77 from its previous closing price. On the day, 2.14 million shares were traded.
Ratios:
We take a closer look at ABL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.47 and its Current Ratio is at 0.47. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.56.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.23 while its Price-to-Book (P/B) ratio in mrq is 1.35.
Stock Price History:
Over the past 52 weeks, ABL has reached a high of $11.86, while it has fallen to a 52-week low of $5.10. The 50-Day Moving Average of the stock is -22.01%, while the 200-Day Moving Average is calculated to be -26.58%.
Shares Statistics:
A total of 95.80M shares are outstanding, with a floating share count of 33.96M. Insiders hold about 64.48% of the company’s shares, while institutions hold 28.76% stake in the company.
Earnings Estimates
Abacus Global Management Inc (ABL) is currently under the scrutiny of 5.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $0.19, with high estimates of $0.22 and low estimates of $0.18.
Analysts are recommending an EPS of between $0.82 and $0.74 for the fiscal current year, implying an average EPS of $0.76. EPS for the following year is $0.95, with 4.0 analysts recommending between $1.02 and $0.85.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $43.38M. It ranges from a high estimate of $48M to a low estimate of $38.2M. As of the current estimate, Abacus Global Management Inc’s year-ago sales were $29.08MFor the next quarter, 4 analysts are estimating revenue of $47.37M. There is a high estimate of $51.5M for the next quarter, whereas the lowest estimate is $45.1M.
A total of 5 analysts have provided revenue estimates for ABL’s current fiscal year. The highest revenue estimate was $198.6M, while the lowest revenue estimate was $181.1M, resulting in an average revenue estimate of $187.11M. In the same quarter a year ago, actual revenue was $111.92MBased on 4 analysts’ estimates, the company’s revenue will be $237.33M in the next fiscal year. The high estimate is $256.8M and the low estimate is $227.97M.
