Axos Financial, Inc. (NYSE:AX – Get Rating) – Analysts at DA Davidson raised their Q4 2022 earnings per share (EPS) estimates for shares of Axos Financial in a research report issued on Monday, May 2nd. DA Davidson analyst G. Tenner now forecasts that the company will earn $0.99 per share for the quarter, up from their prior estimate of $0.88.
Axos Financial (NYSE:AX – Get Rating) last issued its quarterly earnings data on Thursday, April 28th. The company reported $1.02 EPS for the quarter, beating the Zacks’ consensus estimate of $1.00 by $0.02. Axos Financial had a return on equity of 16.50% and a net margin of 31.52%. During the same quarter last year, the business posted $0.92 EPS.
Shares of NYSE AX opened at $38.64 on Wednesday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a market cap of $2.30 billion, a price-to-earnings ratio of 10.22 and a beta of 1.46. The business’s 50-day simple moving average is $45.56 and its 200-day simple moving average is $52.42. Axos Financial has a 52 week low of $37.55 and a 52 week high of $62.44.
In related news, EVP Brian D. Swanson sold 3,699 shares of the firm’s stock in a transaction on Wednesday, March 9th. The stock was sold at an average price of $48.90, for a total value of $180,881.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Thomas M. Constantine sold 1,421 shares of the firm’s stock in a transaction on Wednesday, March 2nd. The stock was sold at an average price of $54.18, for a total value of $76,989.78. The disclosure for this sale can be found here. 4.73% of the stock is owned by corporate insiders.
A number of hedge funds have recently made changes to their positions in AX. Exane Derivatives acquired a new stake in Axos Financial in the 1st quarter valued at $32,000. Steward Partners Investment Advisory LLC boosted its stake in Axos Financial by 605.0% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 839 shares of the company’s stock valued at $39,000 after buying an additional 720 shares in the last quarter. Strs Ohio acquired a new stake in Axos Financial in the 4th quarter valued at $61,000. USA Financial Portformulas Corp acquired a new stake in Axos Financial in the 4th quarter valued at $119,000. Finally, SG Americas Securities LLC grew its position in Axos Financial by 79.5% during the 1st quarter. SG Americas Securities LLC now owns 3,336 shares of the company’s stock worth $155,000 after acquiring an additional 1,478 shares during the last quarter. 77.12% of the stock is currently owned by institutional investors and hedge funds.
Axos Financial Company Profile (Get Rating)
Axos Financial, Inc, together with its subsidiaries, provides consumer and business banking products in the United States. It operates through Banking Business and Securities Business segments. 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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