At the time of writing, Axos Financial Inc. [AX] stock is trading at $64.13, up 6.16%. 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 4.16% over the last week, with a monthly amount glided 4.04%, and 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 October 11, 2024, when Needham initiated its Buy rating and assigned the stock a price target of $82. Previously, Keefe Bruyette downgraded its rating to Mkt Perform on July 31, 2024, and kept the price target unchanged to $79. On February 21, 2023, downgrade downgraded it’s rating to Outperform but maintained its price target of $55 on the stock. Keefe Bruyette upgraded its rating to a Outperform and increased its price target to $56 on July 11, 2022. Wedbush downgraded its rating to a Neutral. B. Riley Securities upgraded its rating to Buy for this stock on January 28, 2022, but kept the price target unchanged to $62. In a note dated October 06, 2021, B. Riley Securities downgraded an Neutral rating on this stock but restated the target price of $54.
For the past year, the stock price of Axos Financial Inc. fluctuated between $32.05 and $79.15. Currently, Wall Street analysts expect the stock to reach $75 within the next 12 months. Axos Financial Inc. [NYSE: AX] shares were valued at $64.13 at the most recent close of the market. An investor can expect a potential return of 16.95% based on the average AX price forecast.
Analyzing the AX fundamentals
According to Axos Financial Inc. [NYSE:AX], the company’s sales were 1.79B for trailing twelve months, which represents an 28.11% jump. Gross Profit Margin for this corporation currently stands at 0.96% 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 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.22.
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 61.59 points at the first support level, and at 59.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 65.65, and for the 2nd resistance point, it is at 67.17.
Ratios To Look Out For
It is important to note that Axos Financial Inc. [NYSE:AX] has a current ratio of 0.37. Considering the valuation of this stock, the price to sales ratio is 2.05, the price to book ratio is 1.59 and price to earnings (TTM) ratio is 8.32.
Transactions by insiders
Recent insider trading involved Micheletti Andrew J, EVP, Finance, that happened on Sep 10 ’24 when 39000.0 shares were sold. EVP, Finance, Micheletti Andrew J completed a deal on Sep 09 ’24 to sell 5197.0 shares. Meanwhile, EVP, Finance Micheletti Andrew J sold 1000.0 shares on Sep 10 ’24.
