Alert: Positive Investment/Fundamental Signals (1/3/24)-Axos Financial Inc. (NYSE: AX)

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Axos Financial Inc. (NYSE: AX) has benefited from exceptional positive changes in investment behavior: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.

Axos Financial Inc. (NYSE: AX) has benefited from notable 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

Reflecting future returns on capital that are forecasted to exceed the cost of capital, AX is expected to continue to be an important Value Builder.

Axos Financial has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Axos Financial has a good Power Rating of 81 and a good Appreciation Score of 81, resulting in the Highest Value Trend Rating.

Recent Price Action

Axos Financial Inc. (NYSE: AX) stock declined by -3.6% on 1/3/24. The shares closed at $53.04. However, this decline was accompanied by below average trading volume at 81% of normal. Relative to the market the stock has been strong over the last nine months but has declined -3.2% during the last week.

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