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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 $62.06, up 0.37% from the previous day, and has increased 45.85% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.25 percentage points. Axos Financial stock is currently +93.63% from its 52-week low of $32.05, and -2.18% from its 52-week high of $63.44.

As of Jul 12, 2024, there are 56.97M shares of AX outstanding. The market cap of AX is $3.54B. In the last 24 hours, 647,398 AX shares were traded.

How to Buy Axos Financial Stock

Wondering how to invest in Axos Financial stock? Here's how.
  1. 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.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Select your payment method and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  2. Input your personal data to open a new brokerage account.
  1. Send your data by clicking the "Create Account" button.
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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.

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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 Price
$62.06
1w %
9.49%
1y %
45.85%
5y %
131.91%
P/E
8.31x
P/B
1.61x
P/S
3.23x
PEG
4.22x
Revenue
$1.10B
Earnings
$432.49M
Fore. Rev. Growth
10.69%
Fore. Earn. Growth
2.18%
Market Cap
$3.54B
Next Earnings
Jul 30, 2024
Next Dividend
N/A

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 8.31x, relative to Banks - Regional industry P/E ratio of 13.49x
  • AX could be overvalued based on its P/B ratio of 1.61x, relative to Banks - Regional industry P/B ratio of 1.09x
  • AX may be overvalued based on its PEG ratio of 4.22x

You can do additional valuation analysis on AX's stock here.

A look at AX Cashflows and Balance Sheet

Signs that AX is financially healthy:

  • AX's operating cash flow of $330.42M allows it to safely service it's debt of $420.39M.
  • Total AX debt is lower than 5 years ago, relative to shareholder equity.
  • AX earnings of $608.10M is not enough to cover its interest payments.
  • AX profit margin has gone up from 33.2% to 39.5% in the past year.

Signs that AX is not financially healthy:

  • AX has a relatively high debt to equity ratio of 9.31.

Do analysts think it's a good time to buy AX stock

Out of 4 Wall Street analysts who track 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 dive deeper into what analysts are saying on the Axos Financial stock forecast page.

AX Technical Indicators

SMA10
58.34
SMA20
56.15
SMA50
56.65
SMA100
53.97
SMA200
49.69
MACD
1.47
MACD Signal
0.75
MACD Histogram
0.72
RSI
72.49
Stochastic %K
93.51
Stochastic %D
88.54
StochRSI %K
99.12
StochRSI %D
85.56

AX Growth Numbers

Last year, AX earnings were $432.49M. Over the past five year, AX's earnings have grown by 25.18% per year. This was faster than the Banks - Regional industry average of 15.59%.

Last year, AX revenue was $1.10B. During the past 5 year, AX's revenue has grown by 19.85% per year. This was faster than the Banks - Regional industry average of 11.91%.

Dig into AX's earnings and revenue performance here.

Are AX executives and large shareholders buying or selling the stock?

In the last year, insiders at AX have sold more shares than they have bought.

Gregory Garrabrants, President and CEO of AX, was the latest AX insider to buy. They bought $10,250,309.70 worth of AX shares on Jun 30, 2024.

Get more info about who owns AX stock here.

Can I rely on AX as an income stream?

No, Axos Financial doesn't provide an income stream by paying out dividends.

What others are saying about AX

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Make your AX buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a particular price limit, use a limit order.

Click the Open button and eToro will execute the order.

If you want more info about buying stocks on eToro, watch the helpful video below:

Open eToro Account

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 new shares.

Add AX to a watchlist to track the latest developments regarding your AX stock.

AX Feed

How to Buy Stock in Axos Financial

To summarize, here are the 6 steps to buy Axos Financial stock:

  1. Choose where to buy Axos Financial stock
  2. Sign up for your brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Axos Financial stock
  5. Make your AX buy order
  6. Keep an eye on your AX position

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your investment in Axos Financial, get started below.

NYSE: AX
$62.06+0.23 (+0.37%)
Updated Jul 12, 2024
Open eToro Account
NYSE: AX
$62.06+0.23 (+0.37%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Axos Financial share?

As of Jul 12, 2024, it costs $62.06 to buy one share of Axos Financial stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.161 shares of AX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Axos Financial stock?

According to 4 Wall Street analysts who monitor Axos Financial, their consensus recommendation is to buy Axos Financial stock.

What is the best way to buy Axos Financial stock?

One way to place an order for Axos Financial stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.