The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Axos Financial Inc (NYSE: AX) closed at $80.83 down -2.44% from its previous closing price of $82.85. In other words, the price has decreased by -$2.44 from its previous closing price. On the day, 0.51 million shares were traded. AX stock price reached its highest trading level at $83.2078 during the session, while it also had its lowest trading level at $80.73.
Ratios:
For a deeper understanding of Axos Financial Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.17.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on October 11, 2024, initiated with a Buy rating and assigned the stock a target price of $82.
On July 31, 2024, Keefe Bruyette Downgraded its rating to Mkt Perform which previously was Outperform but kept the price unchanged to $79.
Raymond James Downgraded its Strong Buy to Outperform on February 21, 2023, while the target price for the stock was maintained at $55.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 26 ’24 when PARK DAVID X sold 1,427 shares for $85.25 per share. The transaction valued at 121,652 led to the insider holds 14,849 shares of the business.
PARK DAVID X bought 1,427 shares of AX for $125,005 on Nov 26 ’24. On Nov 26 ’24, another insider, Micheletti Andrew J, who serves as the Officer of the company, bought 58,710 shares for $85.08 each.
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 4614778880 and an Enterprise Value of 2540136448. As of this moment, Axos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.78, and their Forward P/E ratio for the next fiscal year is 11.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.40 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 2.254.
Stock Price History:
Over the past 52 weeks, AX has reached a high of $88.46, while it has fallen to a 52-week low of $37.85. The 50-Day Moving Average of the stock is 14.41%, while the 200-Day Moving Average is calculated to be 31.61%.
Shares Statistics:
For the past three months, AX has traded an average of 514.33K shares per day and 435160 over the past ten days. A total of 57.09M shares are outstanding, with a floating share count of 51.69M. Insiders hold about 9.46% of the company’s shares, while institutions hold 84.56% stake in the company. Shares short for AX as of 1731628800 were 5100370 with a Short Ratio of 9.92, compared to 1728950400 on 5236775. Therefore, it implies a Short% of Shares Outstanding of 5100370 and a Short% of Float of 12.76.