(NEWT) Newtek Business - Ratings and Ratios

NewtekOne, Inc., operating as a bank holding company for Newtek Bank, National Association, is a multifaceted financial services provider catering to the small- and medium-sized business market under the Newtek and NewtekOne brands. The companys diversified offerings include deposit accounts, such as demand, savings, and time deposits, as well as a range of loan products, including SBA loans, commercial and industrial loans, and commercial real estate loans. Beyond traditional banking, NewtekOne provides electronic payment processing services, including credit and debit card processing, check approval, and cloud-based point of sale systems for various industries.

The companys expansive suite of services also encompasses wholesale brokerage insurance agency services, payroll management, and related payment and tax reporting services tailored for independent business owners. Additionally, NewtekOne offers inbound and outbound calling services, further solidifying its presence in the business services sector. With its roots dating back to 1998 and headquartered in Boca Raton, Florida, the company rebranded from Newtek Business Services Corp to NewtekOne, Inc. in January 2023, reflecting its evolving business landscape.

Analyzing the provided and , we observe that NEWT is currently trading at $10.38, slightly above its SMA20 at $10.31, indicating a potential short-term bullish trend. However, its SMA50 and SMA200 stand at $11.13 and $12.19, respectively, suggesting a longer-term downtrend. The ATR of 0.58, or 5.60%, signifies moderate volatility. With a Market Cap of $294.73M USD and a P/E ratio of 5.51, the stock appears undervalued relative to its earnings. The forward P/E of 4.81 suggests anticipated earnings growth, and an RoE of 18.39% indicates strong profitability.

Forecasting NEWTs trajectory, we can infer that if the company continues to demonstrate robust profitability and effectively expands its financial and business services offerings, it may attract investor interest, potentially driving the stock price upwards. Given its current technical indicators and fundamental strengths, a plausible short-term target could be the SMA50 at $11.13, representing an 7.2% increase from the current price. Long-term growth could be influenced by the companys ability to adapt to market conditions and continue delivering on its diversified financial solutions.