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 $48.86, down 0.2% from the previous day, and has increased 29.81% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.22 percentage points. Axos Financial stock is currently +52.45% from its 52-week low of $32.05, and -18.57% from its 52-week high of $60.00.
As of Apr 17, 2024, there are 56.9M shares of AX outstanding. The market cap of AX is $2.78B. In the last 24 hours, 510,001 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.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open a new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
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 7.12x, relative to Banks - Regional industry P/E ratio of -10.51x
- AX could be overvalued based on its P/B ratio of 1.34x, relative to Banks - Regional industry P/B ratio of 0.95x
You can do more valuation analysis on AX's stock here.
AX Financial Overview
Signs that AX is financially healthy:
- AX's operating cash flow of $157.98M allows it to safely service it's debt of $431.09M.
- AX earnings of $567.24M is not enough to cover its interest payments.
- AX profit margin has gone up from 33.1% to 38.9% in the past year.
Signs that AX is not financially healthy:
- Total AX debt is higher than 5 years ago, relative to shareholder equity.
- AX has a relatively high debt to equity ratio of 9.41.
Is it a good time to buy AX stock, according to Wall Street analysts?
Out of 2 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.
You can dig deeper into what analysts are saying on the Axos Financial stock forecast page.
AX Momentum
How are AX Revenues/Earnings doing?
Last year, AX earnings were $401.62M. Over the last 5 year, AX's earnings have gone up by 21.23% per year. This was faster than the Banks - Regional industry average of 16.36%.
Last year, AX revenue was $1.03B. In the last 5 year, AX's revenue has gone up by 19.14% per year. This was faster than the Banks - Regional industry average of 7.32%.
Learn more about AX's earnings and revenue performance here.
What are AX executives and large shareholders up to?
In the past year, executives and large shareholders at AX have sold more shares than they have bought.
Eshel Baradon, EVP Chief Legal Officer of AX, was the latest AX insider to sell. They sold $36,157.00 worth of AX stock on Mar 23, 2024.
Dig into 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.
Get opinions from other traders
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Step 5: Make your AX buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given price limit, place a limit order.
Click the Open Trade button and eToro will place your order.
If you want additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your AX position
Now that you own some AX stock, you'll want to stay up-to-date on your new investment.
Put AX on a watchlist to get notified of the latest news about your AX stock.
AX Feed
How to Buy Stock in Axos Financial
To reiterate, here are the 6 steps to buy stock in Axos Financial:
- 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 require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your investment in Axos Financial, create a watchlist today.
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