Axos Financial Inc (NYSE:AX) has received an average rating of “Buy” from the seven ratings firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $40.60.

Several analysts have commented on the stock. ValuEngine upgraded shares of Axos Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, January 30th. Compass Point cut shares of Axos Financial from a “buy” rating to a “neutral” rating and set a $35.00 price objective for the company. in a research note on Wednesday, May 1st. Finally, Craig Hallum decreased their price objective on shares of Axos Financial from $51.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, January 30th.

Shares of NYSE AX traded down $0.42 during midday trading on Friday, hitting $28.92. The stock had a trading volume of 996 shares, compared to its average volume of 353,377. The company has a market cap of $1.78 billion, a PE ratio of 11.65, a P/E/G ratio of 1.03 and a beta of 0.88. Axos Financial has a 52 week low of $23.87 and a 52 week high of $45.18. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.13 and a current ratio of 1.13.

Axos Financial (NYSE:AX) last issued its earnings results on Tuesday, April 30th. The company reported $0.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.95 by ($0.11). The firm had revenue of $155.27 million during the quarter, compared to the consensus estimate of $158.20 million. Axos Financial had a return on equity of 16.76% and a net margin of 24.48%. The company’s revenue was up 10.7% compared to the same quarter last year. On average, analysts forecast that Axos Financial will post 2.83 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in shares of Axos Financial in the 1st quarter valued at $245,745,000. Dimensional Fund Advisors LP acquired a new stake in shares of Axos Financial in the first quarter valued at about $68,233,000. Rice Hall James & Associates LLC acquired a new stake in shares of Axos Financial in the first quarter valued at about $37,270,000. Northern Trust Corp acquired a new position in Axos Financial during the first quarter worth approximately $23,763,000. Finally, Janus Henderson Group PLC acquired a new position in Axos Financial during the first quarter worth approximately $22,750,000. Institutional investors and hedge funds own 77.57% of the company’s stock.

Axos Financial Company Profile

Axos Financial, Inc operates as the holding company for BofI Federal Bank that provides consumer and business banking products in the United States. The company offers deposits products, including consumer and business checking, demand, savings, and time deposit accounts. It also provides single family and multifamily mortgage secured lending products; commercial real estate secured and commercial lending products; specialty finance factoring products; prime loans to customers secured by new and used automobiles; and term unsecured personal loans to individual borrowers, as well as overdraft lines of credit.

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Analyst Recommendations for Axos Financial (NYSE:AX)

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