NewtekOne Inc (NASDAQ: NEWT) has recently enjoyed significant positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, and the consensus estimate for December, 2025 increased significantly.
NewtekOne Inc (NASDAQ: NEWT) has benefited from meaningful positive changes in investment behavior: the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, NEWT is expected to continue to be a major Value Builder.
NewtekOne has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. NewtekOne has a neutral Appreciation Score of 52 and a slightly negative Power Rating of 35, producing the Low Neutral Value Trend Rating.
Recent Price Action
NewtekOne Inc (NASDAQ: NEWT) stock increased 1.7% on 6/28/24. The shares closed at $12.57. Moreover, trading volume in this advance was exceptionally high at 237% of normal. The stock has risen 0.7% during the last week but has been weak relative to the market over the last nine months.
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