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As of close of business last night, Axos Financial Inc.’s stock clocked out at $73.01, down -5.93% from its previous closing price of $77.61. In other words, the price has decreased by -$5.93 from its previous closing price. On the day, 1.65 million shares were traded. AX stock price reached its highest trading level at $74.85 during the session, while it also had its lowest trading level at $69.01.
Ratios:
To gain a deeper understanding of AX’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.18.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 15 ’24 when Wardell-Smith Sara bought 5,000 shares for $49.75 per share. The transaction valued at 248,750 led to the insider holds 5,000 shares of the business.
Micheletti Andrew J sold 13,000 shares of AX for $665,080 on Mar 13 ’24. The EVP, Finance now owns 39,000 shares after completing the transaction at $51.16 per share. On Mar 11 ’24, another insider, Micheletti Andrew J, who serves as the EVP, Finance of the company, sold 13,668 shares for $51.17 each. As a result, the insider received 699,392 and left with 52,000 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 4159197184 and an Enterprise Value of 4908492800. As of this moment, Axos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.47, and their Forward P/E ratio for the next fiscal year is 9.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.33 while its Price-to-Book (P/B) ratio in mrq is 1.81. Its current Enterprise Value per Revenue stands at 4.634.
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 22.10%, while the 200-Day Moving Average is calculated to be 40.86%.
Shares Statistics:
It appears that AX traded 665.27K shares on average per day over the past three months and 818130 shares per day over the past ten days. A total of 56.89M shares are outstanding, with a floating share count of 51.27M. Insiders hold about 10.00% of the company’s shares, while institutions hold 87.07% stake in the company. Shares short for AX as of 1721001600 were 6813981 with a Short Ratio of 10.24, compared to 1718323200 on 7036157. Therefore, it implies a Short% of Shares Outstanding of 6813981 and a Short% of Float of 17.5.
