Forge Global (NYSE:FRGE – Get Free Report) and Axos Financial (NYSE:AX – Get Free Report) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, dividends, profitability, earnings, analyst recommendations, risk and valuation.
Earnings and Valuation
This table compares Forge Global and Axos Financial”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Forge Global | $92.88 million | 6.71 | -$66.33 million | ($5.20) | -8.65 |
| Axos Financial | $1.95 billion | 2.57 | $432.91 million | $8.23 | 10.67 |
Insider & Institutional Ownership
40.7% of Forge Global shares are held by institutional investors. Comparatively, 83.8% of Axos Financial shares are held by institutional investors. 4.5% of Forge Global shares are held by company insiders. Comparatively, 4.9% of Axos Financial shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Profitability
This table compares Forge Global and Axos Financial’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Forge Global | -71.87% | -29.06% | -24.63% |
| Axos Financial | 22.53% | 16.48% | 1.72% |
Analyst Recommendations
This is a summary of current recommendations and price targets for Forge Global and Axos Financial, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Forge Global | 1 | 4 | 0 | 0 | 1.80 |
| Axos Financial | 0 | 2 | 4 | 1 | 2.86 |
Forge Global presently has a consensus target price of $45.00, suggesting a potential upside of 0.00%. Axos Financial has a consensus target price of $109.40, suggesting a potential upside of 24.61%. Given Axos Financial’s stronger consensus rating and higher probable upside, analysts clearly believe Axos Financial is more favorable than Forge Global.
Risk & Volatility
Forge Global has a beta of 2.18, indicating that its share price is 118% more volatile than the S&P 500. Comparatively, Axos Financial has a beta of 1.24, indicating that its share price is 24% more volatile than the S&P 500.
Summary
Axos Financial beats Forge Global on 13 of the 15 factors compared between the two stocks.
About Forge Global
Forge Global Holdings, Inc. operates a financial services platform in California. The company's platform solutions include trading solutions, a platform that connects investors with private company stockholders and enables them to facilitate private share transactions; and custody solutions, a non-depository trust company that enables clients to securely custody and manage assets through an online portal. It also provides data solutions, such as information and insight to navigate, analyze, and make investment decisions to market participants in the private market. The company was founded in 2014 and is headquartered in San Francisco, California.
About Axos Financial
Axos Financial, Inc., together with its subsidiaries, provides consumer and business banking products in the United States. It operates through two segments, Banking Business and Securities Business. The company offers deposits products, including consumer and business checking, demand, savings, time deposit, money market, zero balance, and insured cash sweep accounts. It also provides residential single family, multifamily, and commercial mortgage loans; commercial real estate secured loans; commercial and industrial non-real estate, asset-backed, lines of credit, and term loans; automobile loans; fixed rate unsecured loans; and other loans, such as structure settlements, small business administration consumer loans, and securities-backed loans. In addition, the company offers ACH origination, wire transfer, commercial check printing, business bill pay and account transfer; remote deposit capture, mobile deposit, lockbox, merchant, and online payment portal; concierge banking; mobile and text message banking; and payment services, as well as debit and credit cards, and digital wallets. Further, it provides disclosed clearing services; back-office services, such as record keeping, trade reporting, accounting, general back-office support, securities and margin lending, reorganization assistance, and custody of securities; and financing to brokerage customers. The company was formerly known as BofI Holding, Inc. and changed its name to Axos Financial, Inc. in September 2018. Axos Financial, Inc. was incorporated in 1999 and is based in Las Vegas, Nevada.
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