Newtek Business Services Corp. (NEWT)
NASDAQ: NEWT · IEX Real-Time Price · USD
14.92
+0.18 (1.22%)
At close: Jul 17, 2024, 4:00 PM
15.00
+0.08 (0.54%)
After-hours: Jul 17, 2024, 7:37 PM EDT

Newtek Business Services Statistics

Total Valuation

NEWT has a market cap or net worth of $369.03 million. The enterprise value is $874.65 million.

Market Cap 369.03M
Enterprise Value 874.65M

Important Dates

The next confirmed earnings date is Monday, August 5, 2024, after market close.

Earnings Date Aug 5, 2024
Ex-Dividend Date Jul 9, 2024

Share Statistics

NEWT has 24.73 million shares outstanding. The number of shares has increased by 0.16% in one year.

Shares Outstanding 24.73M
Shares Change (YoY) +0.16%
Shares Change (QoQ) n/a
Owned by Insiders (%) 7.09%
Owned by Institutions (%) 38.81%
Float 23.17M

Valuation Ratios

The trailing PE ratio is 8.29 and the forward PE ratio is 7.44. NEWT's PEG ratio is 3.28.

PE Ratio 8.29
Forward PE 7.44
PS Ratio 1.85
Forward PS 1.50
PB Ratio 1.45
P/FCF Ratio n/a
PEG Ratio 3.28
Financial Ratio History

Enterprise Valuation

EV / Earnings 20.03
EV / Sales 4.38
EV / EBITDA 16.15
EV / EBIT 16.94
EV / FCF n/a

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 2.63
Debt / EBITDA 12.35
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 18.40% and return on invested capital (ROIC) is 4.93%.

Return on Equity (ROE) 18.40%
Return on Assets (ROA) 3.00%
Return on Capital (ROIC) 4.93%
Revenue Per Employee $357,621
Profits Per Employee $78,098
Employee Count 559
Asset Turnover 0.14
Inventory Turnover n/a

Taxes

In the past 12 months, NEWT has paid $6.36 million in taxes.

Income Tax 6.36M
Effective Tax Rate 12.71%

Stock Price Statistics

The stock price has decreased by -14.15% in the last 52 weeks. The beta is 1.36, so NEWT's price volatility has been higher than the market average.

Beta (5Y) 1.36
52-Week Price Change -14.15%
50-Day Moving Average 13.06
200-Day Moving Average 12.75
Relative Strength Index (RSI) 73.40
Average Volume (20 Days) 164,259

Short Selling Information

The latest short interest is 1.67 million, so 6.76% of the outstanding shares have been sold short.

Short Interest 1.67M
Short Previous Month 1.76M
Short % of Shares Out 6.76%
Short % of Float 7.22%
Short Ratio (days to cover) 7.64

Income Statement

In the last 12 months, NEWT had revenue of $199.91 million and earned $43.66 million in profits. Earnings per share was $1.80.

Revenue 199.91M
Gross Profit 199.91M
Operating Income 51.86M
Pretax Income 51.62M
Net Income 43.66M
EBITDA 54.16M
EBIT 51.62M
Earnings Per Share (EPS) $1.80
Full Income Statement

Balance Sheet

The company has $163.21 million in cash and $668.83 million in debt, giving a net cash position of -$505.63 million or -$20.44 per share.

Cash & Cash Equivalents 163.21M
Total Debt 668.83M
Net Cash -505.63M
Net Cash Per Share -$20.44
Equity (Book Value) 254.13M
Book Value Per Share 10.27
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$91.53 million and capital expenditures -$350,000, giving a free cash flow of -$91.88 million.

Operating Cash Flow -91.53M
Capital Expenditures -350,000
Free Cash Flow -91.88M
FCF Per Share -$3.73
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 25.94% and 21.84%.

Gross Margin 100.00%
Operating Margin 25.94%
Pretax Margin 25.82%
Profit Margin 21.84%
EBITDA Margin 27.09%
EBIT Margin 25.82%
FCF Margin -45.96%

Dividends & Yields

This stock pays an annual dividend of $0.76, which amounts to a dividend yield of 5.09%.

Dividend Per Share $0.76
Dividend Yield 5.09%
Dividend Growth (YoY) -56.73%
Years of Dividend Growth n/a
Payout Ratio 42.22%
Buyback Yield -0.16%
Shareholder Yield 4.93%
Earnings Yield 11.83%
FCF Yield -24.90%
Dividend Details

Analyst Forecast

The average price target for NEWT is $14.50, which is -2.82% lower than the current price. The consensus rating is "Buy".

Price Target $14.50
Price Target Difference -2.82%
Analyst Consensus Buy
Analyst Count 4
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on October 23, 2014. It was a reverse split with a ratio of 1:5.

Last Split Date Oct 23, 2014
Split Type Reverse
Split Ratio 1:5

Scores

Altman Z-Score n/a
Piotroski F-Score 3