Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
NewtekOne Inc (NASDAQ: NEWT) closed the day trading at $9.84 down -6.99% from the previous closing price of $10.58. In other words, the price has decreased by -$6.99 from its previous closing price. On the day, 0.72 million shares were traded.
Ratios:
For a better understanding of NEWT, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 5.70 whereas as Long-Term Debt/Eq ratio is at 5.42.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on September 04, 2024, Downgraded its rating to Neutral and sets its target price to $13 from $16 previously.
On May 19, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $15.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 21 ’25 when Zink Gregory L bought 500 shares for $12.34 per share. The transaction valued at 6,170 led to the insider holds 31,924 shares of the business.
Brunet Craig Jeffry bought 500 shares of NEWT for $6,240 on Mar 20 ’25. The Director now owns 1,500 shares after completing the transaction at $12.48 per share. On Dec 23 ’24, another insider, Downs Peter Mathison, who serves as the Chief Lending Officer of the company, bought 750 shares for $12.93 each. As a result, the insider paid 9,698 and bolstered with 92,129 shares of the company.
Valuation Measures:
As of this moment, NewtekOne’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.08, and their Forward P/E ratio for the next fiscal year is 4.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 0.94.
Stock Price History:
Over the past 52 weeks, NEWT has reached a high of $15.49, while it has fallen to a 52-week low of $9.12. The 50-Day Moving Average of the stock is -14.16%, while the 200-Day Moving Average is calculated to be -22.22%.
Shares Statistics:
A total of 26.29M shares are outstanding, with a floating share count of 25.38M. Insiders hold about 6.99% of the company’s shares, while institutions hold 35.19% stake in the company.
