Newtek Business Services Stock Performance
| NEWTZ Stock | USD 24.68 0.07 0.28% |
Newtek Business has a performance score of 9 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0383, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Newtek Business' returns are expected to increase less than the market. However, during the bear market, the loss of holding Newtek Business is expected to be smaller as well. Newtek Business Services right now secures a risk of 0.26%. Please verify Newtek Business Services value at risk, kurtosis, market facilitation index, as well as the relationship between the semi variance and rate of daily change , to decide if Newtek Business Services will be following its current price movements.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Newtek Business Services are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, Newtek Business is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return (0.08) | Five Day Return (0.56) | Year To Date Return 3.4 | Ten Year Return (3.29) | All Time Return (3.29) |
Forward Dividend Yield 0.0132 | Dividend Date 2024-11-01 |
1 | NewtekOne director Richard Salute buys 5.9k of company stock | 09/23/2024 |
2 | NewtekOne, Inc. to Report Third Quarter 2024 Financial - GlobeNewswire | 10/02/2024 |
| Newtek Business dividend paid on 15th of October 2024 | 10/15/2024 |
| Newtek Business dividend paid on 1st of November 2024 | 11/01/2024 |
3 | NewtekOne, Inc. Hires Ron Lay as Chief Technology Officer at NewtekOne, Inc. and Newtek Bank, N.A. | 11/04/2024 |
4 | Newtek stock target increased, neutral rating on strong EPS | 11/11/2024 |
5 | NewtekOne CEO Barry Sloane buys 44,250 in common stock | 11/26/2024 |
6 | Newtek Business Services Corp. 5.50 percent Notes Due 2026 Short Interest Down 53.2 percent in November | 11/29/2024 |
7 | Apiture and Newtek Bank Honored for Best Bank-Fintech Partnership in the IBSi Global FinTech Innovation Awards | 12/10/2024 |
| Begin Period Cash Flow | 125.6 M |
Newtek |
Newtek Business Relative Risk vs. Return Landscape
If you would invest 2,421 in Newtek Business Services on September 15, 2024 and sell it today you would earn a total of 47.00 from holding Newtek Business Services or generate 1.94% return on investment over 90 days. Newtek Business Services is currently producing 0.0304% returns and takes up 0.2641% volatility of returns over 90 trading days. Put another way, 2% of traded stocks are less volatile than Newtek, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Newtek Business Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Newtek Business' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Newtek Business Services, and traders can use it to determine the average amount a Newtek Business' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1151
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| Negative Returns | NEWTZ |
Estimated Market Risk
| 0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Newtek Business is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Newtek Business by adding it to a well-diversified portfolio.
Newtek Business Fundamentals Growth
Newtek Stock prices reflect investors' perceptions of the future prospects and financial health of Newtek Business, and Newtek Business fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Newtek Stock performance.
| Price To Earning | 11.20 X | ||||
| Revenue | 253.14 M | ||||
| EBITDA | 125.7 M | ||||
| Net Income | 47.33 M | ||||
| Cash And Equivalents | 2.62 M | ||||
| Cash Per Share | 0.14 X | ||||
| Total Debt | 644.12 M | ||||
| Debt To Equity | 89.80 % | ||||
| Current Ratio | 2.30 X | ||||
| Book Value Per Share | 15.05 X | ||||
| Cash Flow From Operations | (88.6 M) | ||||
| Market Capitalization | 450.62 M | ||||
| Total Asset | 1.44 B | ||||
| Retained Earnings | 28.05 M | ||||
About Newtek Business Performance
Evaluating Newtek Business' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Newtek Business has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Newtek Business has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 2.6 K | 2.7 K | |
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.07 | 0.09 | |
| Return On Assets | 0.03 | 0.02 | |
| Return On Equity | 0.19 | 0.20 |
Things to note about Newtek Business Services performance evaluation
Checking the ongoing alerts about Newtek Business for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Newtek Business Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Newtek Business has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Newtek Business Services has accumulated about 2.62 M in cash with (88.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Newtek Business has a frail financial position based on the latest SEC disclosures | |
| On 1st of November 2024 Newtek Business paid $ 0.3438 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Apiture and Newtek Bank Honored for Best Bank-Fintech Partnership in the IBSi Global FinTech Innovation Awards |
- Analyzing Newtek Business' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Newtek Business' stock is overvalued or undervalued compared to its peers.
- Examining Newtek Business' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Newtek Business' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Newtek Business' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Newtek Business' stock. These opinions can provide insight into Newtek Business' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Newtek Stock Analysis
When running Newtek Business' price analysis, check to measure Newtek Business' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newtek Business is operating at the current time. Most of Newtek Business' value examination focuses on studying past and present price action to predict the probability of Newtek Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newtek Business' price. Additionally, you may evaluate how the addition of Newtek Business to your portfolios can decrease your overall portfolio volatility.