This is why Axos Financial Inc. (AX) Stock is one of the options for the Longer run

Axos Financial Inc. [AX] stock prices are up 8.06% to $69.69 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AX shares have gain 8.52% over the last week, with a monthly amount drifted -7.27%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Axos Financial Inc. [NYSE: AX] stock has seen the most recent analyst activity on July 31, 2024, when Keefe Bruyette downgraded its rating to a Mkt Perform but kept the price target unchanged to $79 for it. Previously, Raymond James downgraded its rating to Outperform on February 21, 2023, and kept the price target unchanged to $55. On July 11, 2022, upgrade upgraded it’s rating to Outperform and revised its price target to $56 on the stock. Wedbush downgraded its rating to a Neutral. B. Riley Securities upgraded its rating to a Buy but $62 remained the price target by the analyst firm on January 28, 2022. B. Riley Securities downgraded its rating to Neutral for this stock on October 06, 2021, but kept the price target unchanged to $54. In a note dated June 21, 2021, Sidoti initiated an Buy rating and provided a target price of $58 on this stock.

The stock price of Axos Financial Inc. [AX] has been fluctuating between $32.05 and $79.15 over the past year. Currently, Wall Street analysts expect the stock to reach $68 within the next 12 months. Axos Financial Inc. [NYSE: AX] shares were valued at $69.69 at the most recent close of the market. An investor can expect a potential drop of -2.43% based on the average AX price forecast.

Analyzing the AX fundamentals

The Axos Financial Inc. [NYSE:AX] reported sales of 1.79B for trailing twelve months, representing a surge of 28.11%. Gross Profit Margin for this corporation currently stands at 0.98% with Operating Profit Margin at 0.55%, Pretax Profit Margin comes in at 0.37%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.21 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.21.

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 66.39 points at the first support level, and at 63.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 71.43, and for the 2nd resistance point, it is at 73.18.

Ratios To Look Out For

It’s worth pointing out that Axos Financial Inc. [NYSE:AX]’s Current Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 2.22, the price to book ratio is 1.73 and price to earnings (TTM) ratio is 9.04.

Transactions by insiders

Recent insider trading involved Wardell-Smith Sara, Director, that happened on Mar 15 ’24 when 5000.0 shares were purchased. EVP, Finance, Micheletti Andrew J completed a deal on Mar 13 ’24 to sell 13000.0 shares. Meanwhile, EVP, Finance Micheletti Andrew J sold 13668.0 shares on Mar 11 ’24.

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