Axos Financial (NYSE:AX) is set to post its quarterly earnings results after the market closes on Tuesday, April 30th. Analysts expect Axos Financial to post earnings of $0.90 per share for the quarter.
Axos Financial (NYSE:AX) last posted its earnings results on Tuesday, January 29th. The company reported $0.63 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.01. The business had revenue of $109.61 million during the quarter, compared to the consensus estimate of $111.77 million. Axos Financial had a return on equity of 17.25% and a net margin of 27.70%. On average, analysts expect Axos Financial to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Axos Financial stock opened at $30.99 on Tuesday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.06. The company has a market cap of $1.93 billion, a P/E ratio of 12.50, a P/E/G ratio of 1.09 and a beta of 0.84. Axos Financial has a one year low of $23.87 and a one year high of $45.18.
Several equities analysts recently commented on the company. ValuEngine upgraded Axos Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, January 30th. Compass Point upgraded Axos Financial from a “neutral” rating to a “buy” rating and raised their target price for the stock from $33.00 to $38.00 in a research report on Wednesday, February 6th. Finally, Craig Hallum cut their target price on Axos Financial from $51.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday, January 30th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Axos Financial has a consensus rating of “Buy” and a consensus price target of $41.20.
About Axos Financial
Axos Financial, Inc operates as the holding company for BofI Federal Bank that provides consumer and business banking products in the United States. The company offers deposits products, including consumer and business checking, demand, savings, and time deposit accounts. It also provides single family and multifamily mortgage secured lending products; commercial real estate secured and commercial lending products; specialty finance factoring products; prime loans to customers secured by new and used automobiles; and term unsecured personal loans to individual borrowers, as well as overdraft lines of credit.