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As of close of business last night, Axos Financial Inc.’s stock clocked out at $62.44, down -2.92% from its previous closing price of $64.32. In other words, the price has decreased by -$2.92 from its previous closing price. On the day, 0.58 million shares were traded. AX stock price reached its highest trading level at $63.984 during the session, while it also had its lowest trading level at $62.14.
Ratios:
To gain a deeper understanding of AX’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.19.
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 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 3552517376 and an Enterprise Value of 2124116992. As of this moment, Axos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.10, and their Forward P/E ratio for the next fiscal year is 8.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.99 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 2.005.
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 -7.20%, while the 200-Day Moving Average is calculated to be 9.18%.
Shares Statistics:
It appears that AX traded 604.56K shares on average per day over the past three months and 575750 shares per day over the past ten days. A total of 56.89M shares are outstanding, with a floating share count of 51.18M. Insiders hold about 10.04% of the company’s shares, while institutions hold 86.04% stake in the company. Shares short for AX as of 1724976000 were 5290678 with a Short Ratio of 8.51, compared to 1722384000 on 6118638. Therefore, it implies a Short% of Shares Outstanding of 5290678 and a Short% of Float of 13.61.
