How to Buy Axos Financial Stock
Axos Financial Inc
Axos Financial, Inc. , together with its subsidiaries, provides consumer and business banking products in the United States.
Axos Financial stock last closed at $41.13, up 0.56% from the previous day, and has increased 7.81% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.26 percentage points. Axos Financial stock is currently +24.09% from its 52-week low of $33.15, and -20.07% from its 52-week high of $51.46.
As of May 26, 2023, there are 59.11M shares of AX outstanding. The market cap of AX is $2.43B. In the last 24 hours, 272,773 AX shares were traded.
How to Buy Axos Financial Stock
Wondering how to invest in Axos Financial stock? Here's how.
- Choose where to buy Axos Financial stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Axos Financial stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Select your payment method and add your details.
- Evaluate Axos Financial stock: The Axos Financial ticker symbol is AX. Is Axos Financial stock a good investment? Should you buy shares of AX? How do AX's underlying business fundamentals look? Do top analysts think Axos Financial is a good buy? Why has AX's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if AX is a good stock to buy).
- Make your AX buy order: Decide if you will purchase AX shares at the current market price or use a limit order to purchase AX stock at a given price.
- Keep an eye on your AX position: Create a watchlist to important notifications about your position in Axos Financial stock.
Step 1: Choose where to buy Axos Financial stock
You will need an online brokerage account in order to access the NYSE market and buy AX stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, it's time to fill out some personal details so you are able to buy AX today.
How to Start a New Account on eToro
- Click here to get started.
- Input your personal data to open a new brokerage account.
- Send your data by clicking the "Create Account" button.
Step 3: Deposit funds into your investment account
Now that you have filled out your info on stock market app, you can securely and quickly fund your account:
Watch the tutorial below to see the process of transferring funds into your new brokerage account.
Step 4: Evaluate Axos Financial stock
Once you have chosen the best place to buy Axos Financial stock, it's very important to evaluate their stock before you buy, so you truly comprehend the risk and opportunity.
Overview of key AX info
AX Due Diligence Checks
WallStreetZen was created to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on AX's stock page.
What is the fair value of AX stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge AX's true value.
Using relative valuations measures:
- AX could be undervalued based on its P/E ratio of 8.86x, relative to Banks - Regional industry P/E ratio of 20.04x
- AX could be overvalued based on its P/B ratio of 1.32x, relative to Banks - Regional industry P/B ratio of 0.88x
You can do more valuation analysis on AX's stock here.
AX Financial Overview
Signs that AX is financially healthy:
- Total AX debt is lower than 5 years ago, relative to shareholder equity.
- AX's operating cash flow of $264.32M allows it to safely service it's debt of $424.33M.
- AX earnings of $396.46M is not enough to cover its interest payments.
Signs that AX is not financially healthy:
- AX has a relatively high debt to equity ratio of 9.73.
- AX profit margin has gone down from 35.2% to 33.2% in the past year.
Is it a good time to buy AX stock, according to Wall Street analysts?
Out of 5 sell side analysts who monitor AX, the consensus analyst rating on AX is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest AX Analyst Recommendations
David Feaster, a bottom 9% analyst from Raymond James maintains AX with a buy rating and raises their AX price target from $44.00 to $47.00, on May 1, 2023.
Michael Perito, a top 22% analyst from Keefe, Bruyette & Woods maintains AX with a buy rating and lowers their AX price target from $62.00 to $58.00, on Apr 6, 2023.
Michael Rose, a bottom 7% analyst from Raymond James downgrades AX to a buy rating and announces their AX price target of $55.00, on Feb 21, 2023.
David Chiaverini, a bottom 9% analyst from Wedbush maintains AX with a hold rating and raises their AX price target from $42.00 to $48.00, on Jan 30, 2023.
Andrew Liesch, a bottom 8% analyst from Piper Sandler maintains AX with a strong buy rating and raises their AX price target from $47.00 to $50.00, on Jan 27, 2023.
You can dive deeper into what analysts are projecting on the Axos Financial stock forecast page.
AX Momentum
AX Revenue
Last year, AX earnings were $277.71M. In the last 5 year, AX's earnings have increased by 14.38% per year. This was slower than the Banks - Regional industry average of 20.03%.
Last year, AX revenue was $835.91M. In the past 5 year, AX's revenue has grown by 15.57% per year. This was faster than the Banks - Regional industry average of 6.1%.
Find out more about AX's earnings and revenue performance here.
What are AX insiders up to?
Over the last 12 months, executives and large shareholders at AX have bought more shares than they have sold.
Andrew J. Micheletti, EVP Finance of AX, was the latest AX insider to sell. They sold $203,000.00 worth of AX stock on May 24, 2023.
Research more about who owns AX shares here.
Does AX provide a stable income stream?
No, Axos Financial doesn't provide an income stream by paying out dividends.
What others are saying about AX
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your AX buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, use a limit order.
Press the Open button and your broker will place the order.
If you require additional help investing in stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your AX position
Now that you own some shares in AX, you'll want to stay up-to-date on your company.
Start a watchlist to get the latest updates about your AX stock.
AX Feed
How to Buy Stock in Axos Financial
To summarize, here are the 6 steps you need to take to buy Axos Financial stock right now:
- Choose where to buy Axos Financial stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Evaluate Axos Financial stock
- Make your AX buy order
- Keep an eye on your AX position
If you are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Axos Financial, hit the button below to create your watchlist.
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