A share price of Abacus Global Management Inc [ABL] is currently trading at $5.35, down -0.74%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ABL shares have gain 15.30% over the last week, with a monthly amount drifted -10.83%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Abacus Global Management Inc [NASDAQ: ABL] stock has seen the most recent analyst activity on April 29, 2025, when Maxim Group initiated its Buy rating and assigned the stock a price target of $14. Previously, Northland Capital started tracking the stock with Outperform rating on October 24, 2024, and set its price target to $13.50. On August 07, 2024, TD Cowen initiated with a Buy rating and assigned a price target of $14 on the stock. Piper Sandler started tracking the stock assigning a Overweight rating and suggested a price target of $12 on June 26, 2024. B. Riley Securities initiated its recommendation with a Buy and recommended $16 as its price target on May 31, 2024.
Abacus Global Management Inc experienced fluctuations in its stock price throughout the past year between $4.60 and $11.86. Currently, Wall Street analysts expect the stock to reach $13.5 within the next 12 months. Abacus Global Management Inc [NASDAQ: ABL] shares were valued at $5.35 at the most recent close of the market. An investor can expect a potential return of 152.34% based on the average ABL price forecast.
Analyzing the ABL fundamentals
Trailing Twelve Months sales for Abacus Global Management Inc [NASDAQ:ABL] were 136.92M which represents 105.42% growth. Gross Profit Margin for this corporation currently stands at 0.87% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.05 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.28.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.22 points at the first support level, and at 5.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.58, and for the 2nd resistance point, it is at 5.81.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Abacus Global Management Inc [NASDAQ:ABL] is 0.47. Also, the Quick Ratio is 0.47, while the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 3.82, the price to book ratio is 1.19.
Transactions by insiders
Recent insider trading involved McNealy Sean, Co-Founder and President, that happened on Jun 04 ’25 when 86207.0 shares were purchased. Co-Founder and President, Kirby Kevin Scott completed a deal on Jun 04 ’25 to buy 86207.0 shares. Meanwhile, Chief Financial Officer McCauley William Hugh JR bought 33000.0 shares on Jun 04 ’25.
