Axos Financial Inc. (NYSE: AX) stock enjoyed a major increase of 11.8% on 12/8/23. The shares closed at $49.90. Moreover, this advance was accompanied by exceptionally high trading volume at 248% of normal. The stock has been strong relative to the market over the last nine months and has risen 30.4% during the last week.
Current PriceTarget Research Rating
AX is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Axos Financial has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Axos Financial has a good Power Rating of 72 and a good Appreciation Score of 82, leading to the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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