NEWTEK Business Services (NEWT) Earns Daily Media Sentiment Rating of 0.16

News articles about NEWTEK Business Services (NASDAQ:NEWT) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. NEWTEK Business Services earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the business services provider an impact score of 47.1626092026554 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

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UPDATE: Newtek Business Services (NEWT) Raises Quarterly Dividend 5% to $0.421; 8.9% Yield (streetinsider.com) Newtek Declares Second Quarter 2018 Dividend of $0.42 per Share (finance.yahoo.com) NEWTEK Business Services (NEWT) Rating Increased to Hold at Zacks Investment Research (americanbankingnews.com) How Profitable is Newtek Business Services Corp. (NasdaqGM:NEWT)? (parkcitycaller.com) Newtek Business Services Corp. (NasdaqGM:NEWT) By The Numbers: A Look Inside Quant Data (parkcitycaller.com)

Shares of NEWTEK Business Services opened at $18.79 on Friday, Marketbeat Ratings reports. The firm has a market cap of $349.24 million, a P/E ratio of 10.62, a price-to-earnings-growth ratio of 3.37 and a beta of 1.09. NEWTEK Business Services has a 12 month low of $15.68 and a 12 month high of $19.40. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.27 and a current ratio of 0.27.

NEWTEK Business Services (NASDAQ:NEWT) last issued its quarterly earnings data on Wednesday, May 2nd. The business services provider reported $0.44 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.06. The business had revenue of $11.07 million for the quarter, compared to the consensus estimate of $10.72 million. NEWTEK Business Services had a return on equity of 8.89% and a net margin of 107.67%. analysts expect that NEWTEK Business Services will post 1.87 EPS for the current year.

Several brokerages recently commented on NEWT. Zacks Investment Research raised NEWTEK Business Services from a “sell” rating to a “hold” rating in a research note on Wednesday. BidaskClub downgraded NEWTEK Business Services from a “buy” rating to a “hold” rating in a research note on Thursday, April 12th. Finally, Keefe, Bruyette & Woods set a $19.00 price objective on NEWTEK Business Services and gave the stock a “hold” rating in a research note on Tuesday, March 6th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $19.00.

NEWTEK Business Services Company Profile

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.

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