Axos Financial (AX) closed the last trading session at $51.80, gaining 1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $64.83 indicates a 25.2% upside potential.The average comprises six short-term price targets ranging from a low of $56 to a high of $76, with a standard deviation of $7.22. While the lowest estimate indicates an increase of 8.1% from the current price level, the ...

duckycardsForeword This article is based on one AAII Journal article, plus one Barron's article, aimed at finding attractive, stocks for 2024. The title and links to the articles are below: “This month’s First Cut for stocks lists those (17) that passed the greatest number of screens tracked by AAII.com" in its screening [sector]. —by:John Bajkowski March, 2024 in AAII Journal. Small companies deserve a closer look. Barron’s article in the March 25.2024 issue quotes a client note from the head of U.S eq ...

Core Viewpoint - Axos Financial (AX) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings potential, which is expected to drive stock price increases [1][2]. Earnings Outlook - The Zacks rating upgrade reflects an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. - Analysts project Axos Financial to earn $7.22 per share for the fiscal year ending June 2024, marking a year-over-year increase of 42.4% [5]. Earnings Estimate Revisions - Over the past three months, the Zacks Consensus Estimate for Axos Financial has risen by 14.1%, indicating growing confidence among analysts regarding the company's earnings potential [5]. - The Zacks Rank system, which categorizes stocks based on earnings estimate revisions, has a strong track record, with Zacks Rank 1 stocks averaging an annual return of +25% since 1988 [4]. Institutional Investor Influence - Changes in earnings estimates significantly impact stock price movements due to institutional investors using these estimates to calculate fair value [3]. - An increase in earnings estimates typically leads to higher fair value assessments, prompting institutional buying or selling actions that affect stock prices [3]. Market Positioning - The upgrade to Zacks Rank 1 places Axos Financial in the top 5% of Zacks-covered stocks, suggesting a strong potential for price appreciation in the near term [7].

Group 1 - Axos Financial (AX) has seen a 27.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days, focusing on financing for residential properties and small-to-medium businesses [1] - Li Auto (LI) has experienced a 17.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days, specializing in premium smart electric SUVs [1] - General Motors (GM) has reported a 17% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days, being one of the largest automakers globally [1] Group 2 - Demant (WILYY) has seen a 12.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days, focusing on products aiding hearing and communication [2] - Dorman Products (DORM) has experienced a 6.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days, being a leading supplier of replacement parts for the automotive aftermarket [2]

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Nissan Motor Co., Ltd. (NSANY) : This automobile company has seen the Zacks Consensus Estimate for its current year earnings increasing 9.9% over the last 60 days.Toll Brothers, Inc. (TOL) : This luxury home builder company has seen the Zacks Consensus Estimate for its current year earnings increasing 11% over the last 60 days.Axos Financial, Inc. (AX) : This company which provides consumer and business banking products has seen the Zac ...

Axos Financial, Inc. (AX) announced an additional share repurchase program. Per the plan, the company is authorized to buy back up to $100 million worth of shares. There is no specific start or end date for the newly announced plan.This new share buyback plan supplements the existing repurchase program, which was approved on Apr 26, 2023. As part of the existing plan, it has almost $20 million worth of authorization remaining. AX repurchased $83.2 million worth of shares during the first half of fiscal 2024 ...

Core Viewpoint - Axos Financial, Inc. has authorized a new share repurchase program of up to $100 million, in addition to the remaining $20 million from the previous plan approved on April 26, 2023 [1] Group 1: Share Repurchase Program - The new share repurchase program allows the company to buy back shares on the open market or through private transactions at management's discretion [1] - There is no specified start or end date for the new common stock repurchase program [1] Group 2: Company Overview - As of December 31, 2023, Axos Financial, Inc. has approximately $21.6 billion in consolidated assets [2] - The company operates Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., providing a range of banking and investment services [2] - Axos Clearing LLC manages approximately $34.4 billion in assets under custody and/or administration as of December 31, 2023 [2] - Axos Financial, Inc.'s common stock is listed on the NYSE under the symbol "AX" and is part of several indices including the Russell 2000® Index and the S&P SmallCap 600® Index [2]

Core Insights - Axos Bank has been recognized in Forbes Advisor's "Best Business Checking Accounts of February 2024," particularly for its compatibility with QuickBooks [1] - The bank offers a Basic Business Checking account with zero monthly maintenance fees, no minimum balance requirement, and free incoming domestic wires, distinguishing itself from competitors [1] - Axos Bank was also acknowledged by GOBankingRates.com as a Top Bank in America for "Best Checking Accounts" [1] Company Overview - Axos Financial, Inc. has approximately $21.6 billion in consolidated assets as of December 31, 2023 [2] - The company operates Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., providing a range of banking and investment services [2] - Axos Clearing LLC manages approximately $34.4 billion in assets under custody and/or administration as of December 31, 2023 [2] - Axos Financial, Inc. is publicly traded on the NYSE under the symbol "AX" and is included in several financial indices [2]

No matter if it is a start-up or a well-known company, earnings growth is the main priority for any organization. This is because if the company doesn’t make money, it won’t last long.So, what is earnings growth? Study a company’s revenues over a given period, subtract the production cost, and you have earnings. By the way, this is also considered the most important variable influencing share price. But, expectations of earnings play a noteworthy role.Earnings Estimates & Share Price MovementsFrequently, we ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:United States Cellular Corporation (USM) : This company which provides wireless telecommunications services has seen the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.The Bank of New York Mellon Corporation (BK) : This company which provides financial products and services has seen the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days.Coca-Cola FEM ...