Axos Financial (AX) – Investment Analysts’ Recent Ratings Updates

Axos Financial (NYSE: AX) has recently received a number of price target changes and ratings updates:

• 1/30/2025 – Axos Financial had its price target lowered by analysts at DA Davidson from $96.00 to $88.00. They now have a “buy” rating on the stock.
• 1/29/2025 – Axos Financial had its “outperform” rating reaffirmed by analysts at Raymond James. They now have a $80.00 price target on the stock, up previously from $75.00.
• 1/29/2025 – Axos Financial had its price target lowered by analysts at Keefe, Bruyette & Woods from $91.00 to $90.00. They now have a “market perform” rating on the stock.
• 1/29/2025 – Axos Financial had its price target raised by analysts at Needham & Company LLC from $85.00 to $88.00. They now have a “buy” rating on the stock.
• 1/21/2025 – Axos Financial had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $85.00 price target on the stock.
• 1/9/2025 – Axos Financial had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $85.00 price target on the stock.
• 12/9/2024 – Axos Financial was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 12/4/2024 – Axos Financial had its price target raised by analysts at Keefe, Bruyette & Woods from $74.00 to $91.00. They now have a “market perform” rating on the stock.
• 12/3/2024 – Axos Financial was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.

Axos Financial Stock Performance

Shares of NYSE AX traded up $0.40 during midday trading on Friday, reaching $70.03. 200,055 shares of the stock were exchanged, compared to its average volume of 434,667. The firm has a market cap of $4.00 billion, a price-to-earnings ratio of 9.41 and a beta of 1.46. Axos Financial, Inc. has a twelve month low of $44.10 and a twelve month high of $88.46. The firm has a 50-day simple moving average of $74.53 and a two-hundred day simple moving average of $70.31. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.17.

Axos Financial (NYSE:AX) last released its quarterly earnings results on Tuesday, January 28th. The company reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.75 by $0.07. Axos Financial had a net margin of 22.10% and a return on equity of 19.12%. As a group, analysts anticipate that Axos Financial, Inc. will post 7.16 EPS for the current fiscal year.

Insider Buying and Selling at Axos Financial

In other Axos Financial news, Director Edward James Ratinoff sold 4,002 shares of Axos Financial stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $79.41, for a total value of $317,798.82. Following the completion of the transaction, the director now directly owns 46,209 shares of the company’s stock, valued at $3,669,456.69. The trade was a 7.97 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Gregory Garrabrants sold 125,000 shares of Axos Financial stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $81.89, for a total value of $10,236,250.00. Following the completion of the transaction, the chief executive officer now directly owns 1,340,377 shares of the company’s stock, valued at approximately $109,763,472.53. This represents a 8.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.07% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Axos Financial

Several institutional investors have recently bought and sold shares of the company. Hancock Whitney Corp grew its position in shares of Axos Financial by 1.3% during the third quarter. Hancock Whitney Corp now owns 10,931 shares of the company’s stock worth $687,000 after buying an additional 142 shares in the last quarter. Crossmark Global Holdings Inc. grew its position in shares of Axos Financial by 4.4% during the third quarter. Crossmark Global Holdings Inc. now owns 3,836 shares of the company’s stock worth $241,000 after buying an additional 162 shares in the last quarter. New York State Teachers Retirement System grew its position in shares of Axos Financial by 0.7% during the fourth quarter. New York State Teachers Retirement System now owns 43,126 shares of the company’s stock worth $3,012,000 after buying an additional 279 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Axos Financial by 45.7% during the third quarter. GAMMA Investing LLC now owns 982 shares of the company’s stock worth $62,000 after buying an additional 308 shares in the last quarter. Finally, Amalgamated Bank lifted its stake in Axos Financial by 2.1% during the third quarter. Amalgamated Bank now owns 15,956 shares of the company’s stock worth $1,003,000 after purchasing an additional 322 shares during the last quarter. 83.79% of the stock is owned by institutional investors and hedge funds.

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.