The closing price of Axos Financial Inc. (NYSE: AX) was $50.73 for the day, down -2.67% from the previous closing price of $52.12. In other words, the price has decreased by -$1.39 from its previous closing price. On the day, 520224 shares were traded.
Ratios:
Our analysis of AX’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.24.
On July 11, 2022, Keefe Bruyette Upgraded its rating to Outperform which previously was Mkt Perform and also upped its target price recommendation from $52 to $56.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 27 when Micheletti Andrew J sold 2,500 shares for $52.89 per share. The transaction valued at 132,225 led to the insider holds 422,583 shares of the business.
Bohlig Tamara N sold 2,000 shares of AX for $107,220 on Feb 14. The Director now owns 8,917 shares after completing the transaction at $53.61 per share. On Feb 07, another insider, Micheletti Andrew J, who serves as the EVP, Finance of the company, sold 2,452 shares for $49.53 each. As a result, the insider received 121,448 and left with 425,083 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AX now has a Market Capitalization of 2.89B. As of this moment, Axos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.48, and their Forward P/E ratio for the next fiscal year is 7.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.76 while its Price-to-Book (P/B) ratio in mrq is 1.39.
Stock Price History:
Over the past 52 weeks, AX has reached a high of $60.00, while it has fallen to a 52-week low of $32.05. The 50-Day Moving Average of the stock is 53.50, while the 200-Day Moving Average is calculated to be 44.01.
Shares Statistics:
AX traded an average of 709.93K shares per day over the past three months and 401.87k shares per day over the past ten days. A total of 58.94M shares are outstanding, with a floating share count of 51.34M. Insiders hold about 9.77% of the company’s shares, while institutions hold 87.21% stake in the company. Shares short for AX as of Feb 15, 2024 were 5.97M with a Short Ratio of 8.41, compared to 6.54M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.50% and a Short% of Float of 15.36%.
Earnings Estimates
The firm’s stock currently is rated by 6 analysts. On average, analysts expect EPS of $1.71 for the current quarter, with a high estimate of $1.81 and a low estimate of $1.6, while EPS last year was $1.32. The consensus estimate for the next quarter is $1.74, with high estimates of $1.84 and low estimates of $1.64.
Analysts are recommending an EPS of between $7.63 and $7.38 for the fiscal current year, implying an average EPS of $7.5. EPS for the following year is $7.01, with 5 analysts recommending between $7.55 and $6.61.
Revenue Estimates
A total of 5 analysts have provided revenue estimates for AX’s current fiscal year. The highest revenue estimate was $1.17B, while the lowest revenue estimate was $1.06B, resulting in an average revenue estimate of $1.09B. In the same quarter a year ago, actual revenue was $903.61M, up 20.90% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $1.19B in the next fiscal year. The high estimate is $1.21B and the low estimate is $1.16B. The average revenue growth estimate for next year is up 8.50% from the average revenue estimate for this year.
