In last trading session, Abacus Global Management Inc (NASDAQ:ABL) saw 1.22 million shares changing hands with its beta currently measuring 0.06. Company’s recent per share price level of $5.31 trading at -$0.14 or -2.57% at ring of the bell on the day assigns it a market valuation of $507.72M. That closing price of ABL’s stock is at a discount of -123.35% from its 52-week high price of $11.86 and is indicating a premium of 3.95% from its 52-week low price of $5.10.
For Abacus Global Management Inc (ABL), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Abacus Global Management Inc (NASDAQ:ABL) trade information
Upright in the red during last session for losing -2.57%, in the last five days ABL remained trading in the red while hitting it’s week-highest on Friday, 06/20/25 when the stock touched $5.31 price level, adding 13.09% to its value on the day. Abacus Global Management Inc’s shares saw a change of -39.04% in year-to-date performance and have moved -4.32% in past 5-day. Abacus Global Management Inc (NASDAQ:ABL) showed a performance of -35.01% in past 30-days.
Wall Street analysts have assigned a consensus price target of 13.5 to the stock, which implies a rise of 60.67% to its current value. Analysts have been projecting 12 as a low price target for the stock while placing it at a high target of 15. It follows that stock’s current price would drop -125.99% in reaching the projected high whereas dropping to the targeted low would mean a loss of -125.99% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -7.85% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 15.19% while estimates for its earnings growth in next 5 years are of 21.40%.
Abacus Global Management Inc (NASDAQ:ABL)’s Major holders
ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC is the top institutional holder at ABL for having 1.15 million shares of worth $9.91 million. And as of 2024-06-30, it was holding 1.7942 of the company’s outstanding shares.
The second largest institutional holder is ALYESKA INVESTMENT GROUP, L.P., which was holding about 1.05 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.6446 of outstanding shares, having a total worth of $9.08 million.
