Alert: Positive Investment/Fundamental Signals (12/15/23)-Axos Financial Inc. (NYSE: AX)

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Recent extremely meaningful positive changes in investment behavior have benefitted Axos Financial Inc. (NYSE: AX): positive upside/downside volume developed, and its longer term price trend turned up.

Axos Financial Inc. (NYSE: AX) has recently enjoyed significant positive changes in fundamentals: the consensus estimate for June, 2025 increased significantly, and the stock’s power rating rose above 70.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

AX is expected to continue to be an important 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 76 and a good Appreciation Score of 81, with the Highest Value Trend Rating the result.

Recent Price Action

On 12/15/23, Axos Financial Inc. (NYSE: AX) stock declined modestly by -1.0%, closing at $52.93. Moreover, unusually high trading volume at 194% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months and has risen 18.6% during the last week.

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