Axos Financial, Inc. (NYSE:AX – Get Free Report) has been given an average rating of “Moderate Buy” by the four ratings firms that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $81.00.
Several equities research analysts have commented on AX shares. Raymond James boosted their price objective on Axos Financial from $67.00 to $81.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 31st. Wedbush boosted their price objective on Axos Financial from $60.00 to $80.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 31st. Piper Sandler boosted their price objective on Axos Financial from $68.00 to $84.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 31st. Finally, Keefe, Bruyette & Woods lowered Axos Financial from an “outperform” rating to a “market perform” rating and set a $79.00 price objective for the company. in a research note on Wednesday, July 31st.
View Our Latest Analysis on AX
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Axos Financial Stock Performance
NYSE AX opened at $62.01 on Friday. The stock has a market capitalization of $3.53 billion, a price-to-earnings ratio of 8.41 and a beta of 1.43. Axos Financial has a twelve month low of $32.05 and a twelve month high of $79.15. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 0.17. The stock has a 50-day moving average of $61.84 and a 200 day moving average of $56.42.
Axos Financial (NYSE:AX – Get Free Report) last released its quarterly earnings results on Tuesday, July 30th. The company reported $1.80 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.80. The company had revenue of $484.29 million during the quarter, compared to analysts’ expectations of $296.02 million. Axos Financial had a return on equity of 18.57% and a net margin of 23.96%. During the same quarter in the prior year, the firm posted $1.50 EPS. Sell-side analysts anticipate that Axos Financial will post 7.25 EPS for the current fiscal year.
Axos Financial Company Profile
Axos Financial, Inc, together with its subsidiaries, provides consumer and business banking products in the United States. It operates through two segments, Banking Business and Securities Business. The company offers deposits products, including consumer and business checking, demand, savings, time deposit, money market, zero balance, and insured cash sweep accounts.
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