Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $6.84 in the prior trading day, Abacus Global Management Inc (NASDAQ: ABL) closed at $6.52, down -4.68%. In other words, the price has decreased by -$4.68 from its previous closing price. On the day, 0.6 million shares were traded. ABL stock price reached its highest trading level at $7.03 during the session, while it also had its lowest trading level at $6.425.
Ratios:
Our goal is to gain a better understanding of ABL by taking a closer look at 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 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 625406848 and an Enterprise Value of 923418816. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.87 while its Price-to-Book (P/B) ratio in mrq is 1.44. Its current Enterprise Value per Revenue stands at 5.71 whereas that against EBITDA is 17.236.
Stock Price History:
The Beta on a monthly basis for ABL is 0.03, which has changed by -0.35059762 over the last 52 weeks, in comparison to a change of 0.20221436 over the same period for the S&P500. Over the past 52 weeks, ABL has reached a high of $10.95, while it has fallen to a 52-week low of $4.60. The 50-Day Moving Average of the stock is 13.45%, while the 200-Day Moving Average is calculated to be -9.11%.
Shares Statistics:
The stock has traded on average 1.05M shares per day over the past 3-months and 534340 shares per day over the last 10 days, according to various share statistics. A total of 91.82M shares are outstanding, with a floating share count of 36.67M. Insiders hold about 62.10% of the company’s shares, while institutions hold 28.96% stake in the company. Shares short for ABL as of 1755216000 were 4011818 with a Short Ratio of 3.84, compared to 1752537600 on 4389489. Therefore, it implies a Short% of Shares Outstanding of 4011818 and a Short% of Float of 35.369998.
Earnings Estimates
At present, 4.0 analysts are actively evaluating the performance of Abacus Global Management Inc (ABL) in the stock market.The consensus estimate for the next quarter is $0.19, with high estimates of $0.21 and low estimates of $0.18.
Analysts are recommending an EPS of between $0.82 and $0.75 for the fiscal current year, implying an average EPS of $0.79. EPS for the following year is $0.97, with 4.0 analysts recommending between $1.04 and $0.85.
Revenue Estimates
1 analysts predict $34.8M in revenue for the current quarter. It ranges from a high estimate of $34.8M to a low estimate of $34.8M. As of the current estimate, Abacus Global Management Inc’s year-ago sales were $28.15MFor the next quarter, 1 analysts are estimating revenue of $41M. There is a high estimate of $41M for the next quarter, whereas the lowest estimate is $41M.
A total of 1 analysts have provided revenue estimates for ABL’s current fiscal year. The highest revenue estimate was $176.2M, while the lowest revenue estimate was $176.2M, resulting in an average revenue estimate of $176.2M. In the same quarter a year ago, actual revenue was $111.92MBased on 4 analysts’ estimates, the company’s revenue will be $239.74M in the next fiscal year. The high estimate is $258.55M and the low estimate is $217.6M.
