Axos Financial Inc. (NYSE: AX) on Monday, plunged -2.39% from the previous trading day, before settling in for the closing price of $66.58. Within the past 52 weeks, AX’s price has moved between $32.05 and $79.15.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 24.66%. The company achieved an average annual earnings per share of -9.06%. With a float of $51.23 million, this company’s outstanding shares have now reached $56.89 million.
The extent of productivity of a business whose workforce counts for 1781 workers is very important to gauge. In terms of profitability, gross margin is 96.14%, operating margin of 55.5%, and the pretax margin is 36.95%.
Axos Financial Inc. (AX) Insider and Institutional Ownership
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Axos Financial Inc. is 10.06%, while institutional ownership is 85.83%. The most recent insider transaction that took place on Sep 10 ’24, was worth 2,431,650. In this transaction EVP, Finance of this company sold 39,000 shares at a rate of $62.35, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 09 ’24, when Company’s EVP, Finance sold 5,197 for $63.13, making the entire transaction worth $328,087. This insider now owns 424,149 shares in total.
Axos Financial Inc. (AX) Latest Financial update
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.38 earnings per share (EPS) for the period topping the consensus outlook (set at 1.36) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.78 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -9.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 25.29% growth over the previous five years of trading.
Axos Financial Inc. (NYSE: AX) Trading Performance Indicators
Axos Financial Inc. (AX) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.07. Likewise, its price to free cash flow for the trailing twelve months is 12.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.71, a number that is poised to hit 1.79 in the next quarter and is forecasted to reach 7.36 in one year’s time.
Technical Analysis of Axos Financial Inc. (AX)
The latest stats from [Axos Financial Inc., AX] show that its last 5-days average volume of 0.4 million was inferior to 0.58 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 79.54%. Additionally, its Average True Range was 2.07.
During the past 100 days, Axos Financial Inc.’s (AX) raw stochastic average was set at 59.60%, which indicates a significant decrease from 62.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.76% in the past 14 days, which was lower than the 38.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $64.37, while its 200-day Moving Average is $58.14. Now, the first resistance to watch is $66.25. This is followed by the second major resistance level at $67.51. The third major resistance level sits at $68.52. If the price goes on to break the first support level at $63.98, it is likely to go to the next support level at $62.97. The third support level lies at $61.71 if the price breaches the second support level.
Axos Financial Inc. (NYSE: AX) Key Stats
Market capitalization of the company is 3.70 billion based on 56,967K outstanding shares. Right now, sales total 1,878 M and income totals 450,010 K. The company made 484,290 K in profit during its latest quarter, and 104,870 K in sales during its previous quarter.
