Abacus Life share price today

(ABL)

Abacus Life share price is $7.72 & ₹656.01 as on 21 Dec 2024, 2.30 'hrs' IST

$7.72

▲

0.21

(2.8%)

Market is closed - opens 8 PM, 23 Dec 2024

View live Abacus Life share price in Dollar and Rupees. Guide to invest in Abacus Life from India. Also see the sentimental analysis on Indian investors investing in Abacus Life. Get details on the Indian mutual funds that are investing in Abacus Life. Get Analyst recommendations and forecasts along with all the Abacus Life's financials.

Abacus Life share price movements

Today's Low: $7.42
Today's High: $7.90
$7.72
3.89%
Downside
Day's Volatility :6.08%
Upside
2.28%
52 Weeks Low: $7.07
52 Weeks High: $13.25
$7.72
8.42%
Downside
52 Weeks Volatility :46.64%
Upside
41.74%

Abacus Life Returns

Period	Abacus Life Inc	Index (Russel 2000)
3 Months	-26.34%	0.0%
6 Months	-9.28%	0.0%
1 Year	-6.54%	0.0%
3 Years	-21.86%	-19.7%

Abacus Life Key Statistics

in dollars & INR

Previous Close	$7.51
Open	$7.45
Today's High	$7.9
Today's Low	$7.42
Market Capitalization	$705.1M
Today's Volume	$350.6K
52 Week High	$13.25
52 Week Low	$7.07
Revenue TTM	$102.4M
EBITDA	$27.9M
Earnings Per Share (EPS)	$-0.22
Profit Margin	-11.65%
Quarterly Earnings Growth YOY	-0.92%
Return On Equity TTM	-5.79%

How to invest in Abacus Life from India?

It is very easy for Indian residents to invest directly in Abacus Life from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Abacus Life stock in both Indian Rupees (INR) and US Dollars (USD). Search for Abacus Life or ABL on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Abacus Life or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Abacus Life shares which would translate to 0.110 fractional shares of Abacus Life as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India , including recognised companies like Abacus Life, in just a few clicks!

Returns in Abacus Life for Indian investors in Rupees

Investment Value

₹1,00,000

Abacus Life investment value today

Current value as on today

₹1,08,734

Returns

₹8,734

(+8.73%)

Returns from Abacus Life Stock

₹6,538 (false-6.54%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards Abacus Life

53%

Period: Sep 21, 2024 to Dec 20, 2024. Change in 30 Days versus previous period

Search volume for Abacus Life on INDmoney from India has grown in the last 30 days as on Dec 21, 2024. 53% more investors are searching Abacus Life in the last 30 days versus the previous period.

Analyst Recommendation on Abacus Life

Analyst Forecast on Abacus Life

What analysts predicted

Upside of 86.2%

Current:

$7.72

Target:

$14.38

Insights on Abacus Life

Price Movement
In the last 3 months, ABL stock has moved down by -24.5%
Decreasing Revenue
Revenue is down for the last 2 quarters, 29.93M → 28.14M (in $), with an average decrease of 6.0% per quarter
Decreasing Net Profit
Netprofit is down for the last 2 quarters, 769.98K → -5.12M (in $), with an average decrease of 765.6% per quarter
ABL vs UNM (1 yr)
In the last 1 year, Unum Group has given 60.8% return, outperforming this stock by 66.1%
ABL vs UNM (3 yr)
In the last 3 years, Unum Group has given 202.1% return, outperforming this stock by 223.7%
Price to Sales
ForABL every $1 of sales, investors are willing to pay $5.0, whereas for Unum Group, the investors are paying $1.1 for every $1 of sales.

Abacus Life Financials in INR & Dollars

	FY20	Y/Y Change
Revenue	$27.4M	-
Net Income	$1.4M	-
Net Profit Margin	5.25%	-

	FY21	Y/Y Change
Revenue	$22.6M	↓ 17.46%
Net Income	$997.4K	↓ 30.65%
Net Profit Margin	4.41%	↓ 0.84%

	FY22	Y/Y Change
Revenue	$25.2M	↑ 11.56%
Net Income	$-52.5K	↓ 105.26%
Net Profit Margin	-0.21%	↓ 4.62%

	FY23	Y/Y Change
Revenue	$66.4M	↑ 163.46%
Net Income	$9.5M	↓ 18228.63%
Net Profit Margin	14.33%	↑ 14.54%

	Q2 FY23	Q/Q Change
Revenue	$6.9M	↑ 9.28%
Net Income	$-318.1K	↓ 51.57%
Net Profit Margin	-4.62%	↑ 5.81%

	Q3 FY23	Q/Q Change
Revenue	$21.1M	↑ 206.78%
Net Income	$903.4K	↓ 383.99%
Net Profit Margin	4.28%	↑ 8.9%

	Q4 FY23	Q/Q Change
Revenue	$23.7M	↑ 12.19%
Net Income	$-6.2M	↓ 788.8%
Net Profit Margin	-26.26%	↓ 30.54%

	Q1 FY24	Q/Q Change
Revenue	$21.5M	↓ 9.32%
Net Income	$-1.3M	↓ 78.32%
Net Profit Margin	-6.28%	↑ 19.98%

	Q2 FY24	Q/Q Change
Revenue	$29.9M	↑ 39.31%
Net Income	$770.0K	↓ 157.09%
Net Profit Margin	2.57%	↑ 8.85%

	Q3 FY24	Q/Q Change
Revenue	$28.1M	↓ 5.96%
Net Income	$-5.1M	↓ 765.61%
Net Profit Margin	-18.21%	↓ 20.78%

	FY20	Y/Y Change
Profit	$27.4M	-

	FY21	Y/Y Change
Profit	$8.4M	↓ 69.36%

	FY22	Y/Y Change
Profit	$8.6M	↑ 3.05%

	FY23	Y/Y Change
Profit	$59.9M	↑ 593.22%

	Q2 FY23	Q/Q Change
Profit	$2.0M	↓ 68.46%

	Q3 FY23	Q/Q Change
Profit	$17.8M	↑ 793.74%

	Q4 FY23	Q/Q Change
Profit	$22.0M	↑ 24.09%

	Q1 FY24	Q/Q Change
Profit	$18.8M	↓ 14.83%

	Q2 FY24	Q/Q Change
Profit	$25.4M	↑ 35.56%

	Q3 FY24	Q/Q Change
Profit	$26.0M	↑ 2.05%

	FY20	Y/Y Change
Operating Cash Flow	$904.1K	-
Investing Cash Flow	$-275.3K	-
Financing Cash Flow	$-329.1K	-

	FY21	Y/Y Change
Operating Cash Flow	$1.3M	↑ 48.52%
Investing Cash Flow	$-275.3K	↑ 0.0%
Financing Cash Flow	$-354.6K	↑ 7.74%

	FY22	Y/Y Change
Operating Cash Flow	$10.7M	↑ 696.36%
Investing Cash Flow	$-3.7M	↑ 1245.45%
Financing Cash Flow	$23.0M	↓ 6575.83%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$749.6K	↓ 196.86%
Investing Cash Flow	$-6.1M	↑ 507.24%
Financing Cash Flow	$-442.3K	↑ 31245.36%

Abacus Life Technicals Summary

Sell

Neutral

Buy

Abacus Life is currently in a neutral trading position according to technical analysis indicators.

Abacus Life Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Abacus Life Inc	-11.37%	-9.28%	-6.54%	-21.86%	-20.49%
Manulife Financial Corporation	-7.19%	15.85%	38.49%	64.48%	51.5%
Metlife, Inc.	-4.5%	12.81%	23.53%	33.64%	59.56%
Aflac Inc.	-8.09%	13.56%	26.08%	79.59%	95.45%
Prudential Financial, Inc.	-6.68%	-1.12%	13.8%	10.21%	24.98%
Unum Group	-4.53%	41.28%	60.24%	198.92%	144.77%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Abacus Life Inc	0.0	NA	NA	0.64	-0.06	0.03	NA	3.45
Manulife Financial Corporation	15.27	15.27	1.01	3.77	0.12	0.01	0.04	27.05
Metlife, Inc.	16.25	16.25	0.14	8.28	0.13	0.01	0.03	44.53
Aflac Inc.	15.04	15.04	0.93	7.27	0.16	0.02	0.02	44.6
Prudential Financial, Inc.	10.28	10.28	0.49	13.38	0.14	0.0	0.05	85.46
Unum Group	7.82	7.82	2.5	8.59	0.17	0.02	0.02	59.36

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Abacus Life Inc	NA	$705.1M	-20.49%	0.0	-11.65%
Manulife Financial Corporation	Buy	$52.4B	51.5%	15.27	18.98%
Metlife, Inc.	Buy	$55.5B	59.56%	16.25	5.27%
Aflac Inc.	Hold	$57.0B	95.45%	15.04	22.02%
Prudential Financial, Inc.	Hold	$41.1B	24.98%	10.28	5.62%
Unum Group	Buy	$13.1B	144.77%	7.82	13.76%

About Abacus Life

Organization	Abacus Life
Employees	102
CEO	Mr. Jay J. Jackson
Industry	Miscellaneous

Management People of Abacus Life

Name	Title
Mr. Jay J. Jackson	CEO, President & Chairman
Mr. Todd McNealy	Co-Founder, President & Director
Mr. William Hugh McCauley Jr.	Chief Financial Officer
Mr. Matthew A. Ganovsky	Co-Founder, President & Managing Partner
Mr. Kevin Scott Kirby	Co-Founder, President & Managing Partner
Krissy Lubrano	Managing Director of Operations & HR
Mr. Robert F. Phillips	Senior VP of Investor Relations & Corporate Affairs
Mr. Christopher David Romaine	General Counsel
Mr. Jeff Smith	Vice President of Marketing
Stuart Little	Managing Director of Sales

Important FAQs about investing in Abacus Life from India :

What is Abacus Life share price today?

Abacus Life share price today stands at $7.72, Open: $7.45 ; Previous Close: $7.51 ; High: $7.90 ; Low: $7.42 ; 52 Week High: $13.25 ; 52 Week Low: $7.07. The stock opens at $7.45, after a previous close of $7.51. The stock reached a daily high of $7.90 and a low of $7.42, with a 52-week high of $13.25 and a 52-week low of $7.07.

Can Indians buy Abacus Life shares?

Yes, Indians can invest in the Abacus Life (ABL) from India.

With INDmoney, you can buy Abacus Life at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Abacus Life at zero transaction cost.

How can I buy Abacus Life shares from India?

It is very easy to buy Abacus Life from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Abacus Life be purchased?

Yes, you can buy fractional shares of Abacus Life with INDmoney app.

What are the documents required to start investing in Abacus Life stocks?

To start investing in Abacus Life, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.