A Look at Axos Financial Inc. (AX) Shares in the Recent Past Indicates Growth

With 0.5 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.59 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $56.09 whereas the lowest price it dropped to was $53.75. The 52-week range on AX shows that it touched its highest point at $63.00 and its lowest point at $32.05 during that stretch. It currently has a 1-year price target of $70.00. Beta for the stock currently stands at 1.42.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AX was up-trending over the past week, with a rise of 5.49%, but this was down by -9.04% over a month. Three-month performance surged to 5.51% while six-month performance rose 3.67%. The stock gained 48.64% in the past year, while it has gained 0.97% so far this year. A look at the trailing 12-month EPS for AX yields 7.37 with Next year EPS estimates of 7.22. For the next quarter, that number is 1.80. This implies an EPS growth rate of 51.76% for this year and -6.21% for next year. EPS is expected to grow by 10.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 16.42%.

Float and Shares Shorts:

At present, 58.94 million AX shares are outstanding with a float of 51.35 million shares on hand for trading. On 2024-05-15, short shares totaled 6.14 million, which was 1078.0 higher than short shares on 1713139200. In addition to Mr. Gregory Garrabrants C.F.A., J.D. as the firm’s President, CEO & Director, Mr. Derrick K. Walsh CPA serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.87759 of AX’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AX since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.