Axos Financial Inc. (NYSE: AX) has a higher price-to-earnings ratio of 9.92x compared to its average ratio. AX has 36-month beta value of 1.40. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AX is 51.27M, and currently, short sellers hold a 13.29% ratio of that float. The average trading volume of AX on July 31, 2024 was 665.27K shares.
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AX) stock’s latest price update
The stock of Axos Financial Inc. (NYSE: AX) has decreased by -5.75 when compared to last closing price of 77.61. Despite this, the company has experienced a 0.33% gain in its stock price over the last five trading sessions. zacks.com reported 2024-07-30 that The headline numbers for Axos Financial (AX) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
AX’s Market Performance
Axos Financial Inc. (AX) has seen a 0.33% rise in stock performance for the week, with a 27.48% gain in the past month and a 44.54% surge in the past quarter. The volatility ratio for the week is 3.01%, and the volatility levels for the past 30 days are at 3.59% for AX. The simple moving average for the past 20 days is 9.02% for AX’s stock, with a 41.13% simple moving average for the past 200 days.
Analysts’ Opinion of AX
Raymond James, on the other hand, stated in their research note that they expect to see AX reach a price target of $55. The rating they have provided for AX stocks is “Outperform” according to the report published on February 21st, 2023.
Keefe Bruyette gave a rating of “Outperform” to AX, setting the target price at $56 in the report published on July 11th of the previous year.
AX Trading at 22.33% from the 50-Day Moving Average
After a stumble in the market that brought AX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.58% of loss for the given period.
Volatility was left at 3.59%, however, over the last 30 days, the volatility rate increased by 3.01%, as shares surge +25.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.62% upper at present.
During the last 5 trading sessions, AX rose by +0.93%, which changed the moving average for the period of 200-days by +103.00% in comparison to the 20-day moving average, which settled at $67.85. In addition, Axos Financial Inc. saw 33.97% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AX starting from Wardell-Smith Sara, who purchase 5,000 shares at the price of $49.75 back on Mar 15 ’24. After this action, Wardell-Smith Sara now owns 5,000 shares of Axos Financial Inc., valued at $248,750 using the latest closing price.
Micheletti Andrew J, the EVP, Finance of Axos Financial Inc., sale 13,000 shares at $51.16 during a trade that took place back on Mar 13 ’24, which means that Micheletti Andrew J is holding 39,000 shares at $665,080 based on the most recent closing price.
Stock Fundamentals for AX
Current profitability levels for the company are sitting at:
- 0.63 for the present operating margin
- 0.98 for the gross margin
The net margin for Axos Financial Inc. stands at 0.29. The total capital return value is set at 0.04. Equity return is now at value 21.41, with 2.04 for asset returns.
Based on Axos Financial Inc. (AX), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 0.59. The debt to equity ratio resting at 0.25. The interest coverage ratio of the stock is 1.44.
Currently, EBITDA for the company is 455.13 million with net debt to EBITDA at -1.34. When we switch over and look at the enterprise to sales, we see a ratio of 1.83. The receivables turnover for the company is 5.02for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.43.
Conclusion
To put it simply, Axos Financial Inc. (AX) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
