FY2025 EPS Estimates for Axos Financial Lowered by Analyst

Axos Financial, Inc. (NYSE:AX) – Research analysts at DA Davidson lowered their FY2025 EPS estimates for shares of Axos Financial in a report released on Thursday, December 19th. DA Davidson analyst G. Tenner now forecasts that the company will post earnings per share of $7.05 for the year, down from their previous estimate of $7.07. The consensus estimate for Axos Financial’s current full-year earnings is $7.07 per share.

A number of other brokerages have also weighed in on AX. Needham & Company LLC upped their target price on shares of Axos Financial from $82.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. StockNews.com raised Axos Financial from a “sell” rating to a “hold” rating in a research report on Monday, December 9th. Wedbush decreased their price objective on Axos Financial from $80.00 to $75.00 and set a “neutral” rating for the company in a report on Tuesday, September 24th. Finally, Keefe, Bruyette & Woods boosted their target price on Axos Financial from $74.00 to $91.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Axos Financial currently has an average rating of “Moderate Buy” and an average price target of $83.20.

Axos Financial Price Performance

AX opened at $71.73 on Monday. The company has a fifty day simple moving average of $75.57 and a 200 day simple moving average of $67.30. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.17. The stock has a market cap of $4.10 billion, a P/E ratio of 8.68 and a beta of 1.42. Axos Financial has a 12 month low of $44.10 and a 12 month high of $88.46.

Axos Financial (NYSE:AX) last posted its earnings results on Wednesday, October 30th. The company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.16. The company had revenue of $512.87 million during the quarter, compared to analyst estimates of $299.59 million. Axos Financial had a return on equity of 18.99% and a net margin of 24.07%. During the same period in the previous year, the company earned $1.41 EPS.

Insider Activity at Axos Financial

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

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Hollencrest Capital Management bought a new position in shares of Axos Financial in the second quarter worth $25,000. Kathleen S. Wright Associates Inc. bought a new position in Axos Financial in the 3rd quarter valued at about $27,000. Ashton Thomas Securities LLC acquired a new position in shares of Axos Financial in the 3rd quarter valued at approximately $41,000. Farther Finance Advisors LLC lifted its holdings in shares of Axos Financial by 881.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 648 shares of the company’s stock worth $41,000 after acquiring an additional 582 shares during the period. Finally, GAMMA Investing LLC boosted its position in shares of Axos Financial by 45.7% during the 3rd quarter. GAMMA Investing LLC now owns 982 shares of the company’s stock worth $62,000 after acquiring an additional 308 shares in the last quarter. 83.79% of the stock is owned by institutional investors.

Axos Financial Company Profile

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.