Stoxline.com

Stock Symbol:   

Stoxline Mobile
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Newtek Business Services Corp. (NEWT)

18.09   0.52 (2.96%) 12-07 16:00
Open: 17.49 Pre. Close: 17.57
High: 18.3683 Low: 17.37
Volume: 137,800 Market Cap: 442(M)

Technical analysis

as of: 2022-12-07 4:24:19 PM
Overall:       
Stoxline posted a SELL today, upgraded from strong sell. Downward movement continues, but could change at any time.
Target: Six months: 22.42     One year: 26.19
Support: Support1: 16.7    Support2: 15.15
Resistance: Resistance1: 19.19    Resistance2: 22.42
Pivot: 17.4
Moving Average: MA(5): 18.16     MA(20): 16.95
MA(100): 18.57     MA(250): 22.52
MACD: MACD(12,26): 0.5     Signal(9): 0.4
Stochastic oscillator: %K(14,3): 71.2     %D(3): 75
RSI: RSI(14): 58.4
52-week: High: 30.89  Low: 14.75
Average Vol(K): 3-Month: 164 (K)  10-Days: 196 (K)

Price, moving averages and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and NEUTRAL in mid-long term.
[ NEWT ] has closed below upper band by 34.5%. Bollinger Bands are 52.9% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 6 days. This is a sign that the current trend might continue.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 18.38 - 18.47 18.47 - 18.55
Low: 17.15 - 17.25 17.25 - 17.34
Close: 17.93 - 18.08 18.08 - 18.23

Company Description

Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. The firm also seeks to invest in early stage businesses. The firm seeks to makes both debt and equity investments. Under debt investments, it focuses on first lien loans, which have terms of 1 to 25 years; second lien loans, which have terms of 5 to 25 years, and unsecured loans, which are provided to meet short-term funding needs and are repaid within 6 to 12 months. It operates through Electronic Payment Processing, Managed Technology Solutions, Small Business Finance, and Capcos segments. The company originates small business administration loans for the purpose of acquiring commercial real estate, machinery, equipment, and inventory, as well as to refinance debt and fund franchises, working capital, and business acquisitions; and offers small business loan servicing and consulting services to the Federal Deposit Insurance Corporation and various other financial institutions, as well as provides management services. Its electronic payment processing services include credit and debit card processing, check approval, ancillary processing equipment and software to merchants, eCommerce, electronic solutions to accept non-cash payments, check conversion, remote deposit capture, ACH processing, and electronic gift and loyalty card programs. The company also provides Website hosting, dedicated server, and cloud hosting services; Web design and development; Internet marketing; data storage and backup and other related services; and ecommerce services, such as payment processing, online shopping cart tools, Website design and Web related services; Accounts Receivable Financing, and The Secure Gateway. In addition, it offers Newtek Advantage, a mobile, real-time operating platform enabling a business to access data on a smartphone, tablet, laptop, or PC for eCommerce, credit/debit transactions, Website statistics, payroll, insurance, and business loans. Further, the company sells personal, commercial, and health/benefits lines of insurance products; and payroll management processing and employee tax filing services. It has strategic alliances with American International Group, CTAA, Navy Federal Credit Union, Credit Union National Association, Pershing, and others to provide agent services to small business clients. The firm seeks to invest in New York and Louisiana area. The firm seeks to invest $0.3 million to $3 million in businesses. It provides small business terms loans ranging from $0.05 million to $10 million. The firm also provides account receivable financing ranging from $0.05 million to $1.5 million. It also provides $0.05 million to $10 million financing to owner occupied real estate businesses whose average net income over the last 2 years must not exceed $2.5 million. Newtek Business Services Corp.,was founded in 1998 and converted to a BDC company in 2014 and is headquartered in Boca Raton, Florida with additional offices in Lake Success, New York, Garden City, New York; Miami, Florida; Milwaukee, Wisconsin; New Orleans, Louisiana; and New York, New York.

Headline News

Wed, 07 Dec 2022
Financial Sector Update for 12/07/2022: NEWT, BF-A, BF-B, FOA, MTB - Nasdaq

Wed, 07 Dec 2022
NEWTEK Business Services Corp (NEWT) Stock Is Down -3.23% This Week: Buy, Hold, or Sell? - InvestorsObserver

Wed, 07 Dec 2022
Newtek Business Services (NEWT) Secures Approximately $300 Million in Debt Financing to Further its Growth and Objectives for 2023 - StreetInsider.com

Wed, 07 Dec 2022
Newt Gingrich urged the GOP to embrace mail-in voting in the wake of Georgia Senate runoff loss - Yahoo News

Tue, 06 Dec 2022
Newt Gingrich - Republicans Must Review the 2022 Failures - Gingrich 360

Mon, 05 Dec 2022
An Interview With Newt Gingrich - MSNBC

Financial Analysis

Price to Book Value: Outperform
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings: Outperform
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow: Outperform
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets: Neutral
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity: Neutral
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity: Outperform
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  NASDAQ
Sector:  Financial Services
Industry:  Asset Management
Shares Out. 24 (M)
Shares Float 23 (M)
% Held by Insiders 5.7 (%)
% Held by Institutions 15.9 (%)
Shares Short 1,270 (K)
Shares Short P.Month 1,460 (K)

Stock Financials

EPS 2.26
EPS Est Next Qtl 0.5
EPS Est This Year 1.76
EPS Est Next Year 1.82
Book Value (p.s.) 16.04
Profit Margin (%) 62
Operating Margin (%) 27.6
Return on Assets (ttm) 1.4
Return on Equity (ttm) 14.3
Qtrly Rev. Growth 90
Gross Profit (p.s.) 4.44
Sales Per Share 3.6
EBITDA (p.s.) 1
Qtrly Earnings Growth -36.6
Operating Cash Flow -138 (M)
Levered Free Cash Flow 108 (M)

Stock Valuations

PE Ratio 7.96
PEG Ratio 1.8
Price to Book value 1.12
Price to Sales 5.02
Price to Cash Flow -3.2

Stock Dividends

Dividend 0.64
Forward Dividend 0
Dividend Yield 3.5%
Dividend Pay Date 2022-03-30
Ex-Dividend Date 2022-03-17
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