With 84641.0 shares changed hands, the volume of the stock remained lighter than its average volume of 0.15 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $12.705 whereas the lowest price it dropped to was $12.385. The 52-week range on NEWT shows that it touched its highest point at $15.49 and its lowest point at $10.07 during that stretch. It currently has a 1-year price target of $14.74. With its current market cap of 329.08 million, NEWT has annualized dividend of $0.76 while the current yield stands at 6.08%. NEWT paid its most recent dividend on 1735603200, while the ex-dividend date for that was 1735603200. Beta for the stock currently stands at 1.38.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NEWT was down-trending over the past week, with a drop of -2.04%, but this was down by -10.96% over a month. Three-month performance dropped to -2.27% while six-month performance fell -4.72%. The stock lost -7.81% in the past year, while it has lost -2.04% so far this year. A look at the trailing 12-month EPS for NEWT yields 1.78 with Next year EPS estimates of 2.13. For the next quarter, that number is 0.66. This implies an EPS growth rate of 13.03% for this year and 10.78% for next year. EPS is expected to grow by 3.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.24%.
Float and Shares Shorts:
At present, 26.02 million NEWT shares are outstanding with a float of 24.67 million shares on hand for trading. On 2024-12-13, short shares totaled 0.97 million, which was 367.00000000000006 higher than short shares on 1731628800. In addition to Mr. Barry Scott Sloane as the firm’s President, Chairman & CEO, Mr. Michael Scott Price serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.34849998 of NEWT’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NEWT since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With NEWT analysts setting a high price target of 16.7 and a low target of 13.0, the average target price over the next 12 months is 14.675. Based on these targets, NEWT could surge 33.49% to reach the target high and rise by 3.92% to reach the target low. Reaching the average price target will result in a growth of 17.31% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.97121 being high and $1.84179 being low. For NEWT, this leads to a yearly average estimate of $1.92143.
