2 weeks Ago By Defense World Staff
Axos Financial, Inc. ( NYSE:AX – Get Free Report ) has been given an average rating of “Moderate Buy” by the four brokerages that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.
The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $79.75. A number of analysts recently issued reports on the company.
Keefe, Bruyette & Woods cut Axos Financial from an “outperform” rating to a “market perform” rating and set a $79.00 price objective for the company. in a research report on Wednesday, July 31st.
Piper Sandler lifted their price target on Axos Financial from $68.00 to $84.00 and gave the company an “overweight” rating in a report on Wednesday, July 31st.
Wedbush dropped their price objective on Axos Financial from $80.00 to $75.00 and set a “neutral” rating on the stock in a report on Tuesday, September 24th.
Finally, Raymond James raised their price objective on shares of Axos Financial from $67.00 to $81.00 and gave the company an “outperform” rating in a research report on Wednesday, July 31st.
Get Our Latest Report on AX Axos Financial Stock Down 0.4 % Axos Financial ( NYSE:AX – Get Free Report ) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $1.
80 earnings per share for the quarter, meeting the consensus estimate of $1.80. Axos Financial had a return on equity of 18.
57% and a net margin of 23.96%. The firm had revenue of $484.
29 million for the quarter, compared to analyst estimates of $296.02 million. During the same period in the previous year, the firm earned $1.
50 earnings per share. As a group, equities research analysts anticipate that Axos Financial will post 7.17 EPS for the current year.
Insiders Place Their Bets In other Axos Financial news, EVP Andrew J. Micheletti sold 5,197 shares of Axos Financial stock in a transaction on Monday, September 9th. The shares were sold at an average price of $63.
13, for a total transaction of $328,086.61. Following the sale, the executive vice president now owns 424,149 shares in the company, valued at $26,776,526.
37. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link . Corporate insiders own 4.
82% of the company’s stock. Institutional Investors Weigh In On Axos Financial Several institutional investors and hedge funds have recently made changes to their positions in the company. Lazard Asset Management LLC boosted its holdings in shares of Axos Financial by 6.
1% in the 1st quarter. Lazard Asset Management LLC now owns 260,100 shares of the company’s stock worth $14,055,000 after acquiring an additional 14,953 shares in the last quarter. GSA Capital Partners LLP grew its holdings in shares of Axos Financial by 122.
2% during the first quarter. GSA Capital Partners LLP now owns 31,440 shares of the company’s stock worth $1,699,000 after purchasing an additional 17,288 shares during the last quarter. Nomura Holdings Inc.
acquired a new stake in shares of Axos Financial in the fourth quarter valued at $5,495,000. First Eagle Investment Management LLC increased its stake in shares of Axos Financial by 7.2% in the first quarter.
First Eagle Investment Management LLC now owns 187,572 shares of the company’s stock valued at $10,136,000 after buying an additional 12,650 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of Axos Financial by 37.6% in the first quarter.
BNP Paribas Financial Markets now owns 45,960 shares of the company’s stock valued at $2,484,000 after buying an additional 12,560 shares during the last quarter. Institutional investors and hedge funds own 83.79% of the company’s stock.
Axos Financial Company Profile ( Get Free Report 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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