Is Abacus Life, Inc. (ABL) a Buy, Sell, or Hold?
Abacus Life, Inc.
NASDAQ:ABL
$7.56 USD
$0.18 (2.44%)
- Volume
- 78.71K
- Average Volume
- 224.59K
- Market Capitalization
- $709.83M
- P/E Ratio
- -47.35
- Dividend Yield
- 0.00%
- Price Target
- $13.50
- Year High
- $13.25
- Year Low
- $6.75
- Payout Ratio
- $-0.04
- Current Ratio
- $2.18
Industry, Sector & symbol
| Stock Exchange | NASDAQ Capital Market |
| CEO | Mr. Jay J. Jackson |
| Industry | Insurance - Life |
| Sector | Financial Services |
| Current Symbol | ABL |
| CUSIP | 00258Y104 |
| CIK | 0001814287 |
| Web | https://abacuslife.com |
| Phone | 800-561-4148 |
| Currency | USD |
| Employees | 102 |
| Country | US |
Liquidity
| Debt-to-Equity Ratio | 0.05 |
| Payout Ratio | -0.04 |
| Current Ratio | 2.18 |
| Quick Ratio | 2.18 |
| Cash Ratio | 1.37 |
Sales & Book Value
| Annual Sales | $66.4M |
| Price / Sales | 6.87 |
| Cash Flow | -1.05 |
| Price / Cash Flow | -9.03 |
| Price / Book | 2.19 |
Price Target and Rating
| Average Stock Price Forecast | $13.50 |
| High Stock Price Forecast | $13.50 |
| Low Stock Price Forecast | $13.50 |
| Forecast Upside/Downside | -44.00% |
| Consensus Rating | Strong Sell |
| Rating Score(0-5) | 1 |
| Research Coverage | 3 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $0.16 |
| Trailing P/E Ratio | -47.35 |
| PEG Ratio | 0.58 |
| P/E Growth | 0.58 |
| Net Income | $9.52M |
| Net Margin | -11.55% |
| Pretax Margin | -10.03% |
| Return on Equity | -5.65% |
| Return on Assets | -2.50% |
Financials Score
| AltmanZ Score | 2.08 |
| Piotroski Score | 2.00 |
| Working Capital | 16.65M |
| Total Assets | 477.31M |
| Ebit | 4.14M |
| Market Cap | 698.09M |
| Total Liabilities | 219.37M |
Poll Results
About Abacus Life, Inc. (NASDAQ:ABL) Stock
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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I maintain a buy rating on Acuity Brands Inc. due to strong growth prospects in both ABL and ISG segments, supported by positive demand indicators. 1Q25 results showed 2% y/y revenue growth to $952 million, driven by ABL's stable performance and ISG's 15% y/y growth, with notable margin expansion. Easing interest rates and a robust non-residential construction pipeline, evidenced by the Dodge Momentum Index, bolster ABL's growth outlook for FY25.
NN, Inc. Announces New Asset-Based Lending Facility
2025-01-02 16:15:00
New ABL facility marks successful next step in Company's balance sheet optimization strategy New ABL facility marks successful next step in Company's balance sheet optimization strategy
Abacus Life, Inc. (ABL) Upgraded to Strong Buy: Here's What You Should Know
2024-12-26 13:01:18
Abacus Life, Inc. (ABL) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
2024-12-23 10:56:06
The average of price targets set by Wall Street analysts indicates a potential upside of 86.3% in Abacus Life, Inc. (ABL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Abacus Life Completes Acquisition of FCF Advisors
2024-12-02 16:01:00
ORLANDO, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today announced it has completed the acquisition of FCF Advisors (“FCF”), a New York-based asset manager and index provider specializing in free cash flow-focused investment strategies. The acquisition of FCF, which currently has approximately $850 million in assets under management, constitutes a significant milestone in Abacus' ongoing expansion of ABL Wealth and its suite of products.
Frequently Asked Questions
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What is the current Abacus Life, Inc. (ABL) stock price?
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Abacus Life, Inc.(NASDAQ:ABL) stock price is $7.56 in the last trading session. During the trading session, ABL stock reached the peak price of $13.25 while $6.75 was the lowest point it dropped to. The percentage change in ABL stock occurred in the recent session was 2.44% while the dollar amount for the price change in ABL stock was $0.18.
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ABL's industry and sector of operation?
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The NASDAQ listed ABL is part of Insurance - Life industry that operates in the broader Financial Services sector.
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Who are the executives of ABL?
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Mr. Jay J. Jackson | Chief Executive Officer, President & Chairman
Mr. William Hugh McCauley Jr. | Chief Financial Officer
Mr. Kevin Scott Kirby | Co-Founder, President & Managing Partner
Mr. Robert F. Phillips | Senior Vice President of Investor Relations & Corporate Affairs
Mr. Jeff Smith | Vice President of Marketing -
How many employees does ABL have?
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Number of ABL employees currently stands at 102. ABL operates from 2101 Park Center Drive, Orlando, FL 32835, US.
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Link for ABL official website?
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Official Website of ABL is: https://abacuslife.com
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How do I contact ABL?
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ABL could be contacted at phone #800-561-4148 and can also be accessed through its website. ABL operates from 2101 Park Center Drive, Orlando, FL 32835, US.
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How many shares of ABL are traded daily?
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The average number of ABL shares traded daily for last 3 months was 224.59K.
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What is the market cap of ABL currently?
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The market value of ABL currently stands at $709.83M with its latest stock price at $7.56