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After finishing at $66.34 in the prior trading day, Axos Financial Inc. (NYSE: AX) closed at $68.11, up 2.67%. In other words, the price has increased by $2.67 from its previous closing price. On the day, 0.58 million shares were traded. AX stock price reached its highest trading level at $68.92 during the session, while it also had its lowest trading level at $66.43.
Ratios:
Our goal is to gain a better understanding of AX by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.20.
On February 21, 2023, Raymond James Downgraded its rating to Outperform which previously was Strong Buy but kept the price unchanged to $55.
Keefe Bruyette Upgraded its Mkt Perform to Outperform on July 11, 2022, whereas the target price for the stock was revised from $52 to $56.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 10 ’24 when Micheletti Andrew J sold 39,000 shares for $62.35 per share. The transaction valued at 2,431,650 led to the insider holds 0 shares of the business.
Micheletti Andrew J sold 5,197 shares of AX for $328,087 on Sep 09 ’24. The EVP, Finance now owns 424,149 shares after completing the transaction at $63.13 per share. On Sep 10 ’24, another insider, Micheletti Andrew J, who serves as the EVP, Finance of the company, sold 1,000 shares for $62.35 each. As a result, the insider received 62,350 and left with 423,149 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 3875111680 and an Enterprise Value of 2446711040. As of this moment, Axos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.83, and their Forward P/E ratio for the next fiscal year is 9.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.17 while its Price-to-Book (P/B) ratio in mrq is 1.69. Its current Enterprise Value per Revenue stands at 2.31.
Stock Price History:
Over the past 52 weeks, AX has reached a high of $79.15, while it has fallen to a 52-week low of $32.05. The 50-Day Moving Average of the stock is 1.70%, while the 200-Day Moving Average is calculated to be 20.06%.
Shares Statistics:
The stock has traded on average 604.43K shares per day over the past 3-months and 563070 shares per day over the last 10 days, according to various share statistics. A total of 56.89M shares are outstanding, with a floating share count of 51.19M. Insiders hold about 10.03% of the company’s shares, while institutions hold 85.96% stake in the company. Shares short for AX as of 1724976000 were 5290678 with a Short Ratio of 8.75, compared to 1722384000 on 6118638. Therefore, it implies a Short% of Shares Outstanding of 5290678 and a Short% of Float of 13.61.
