
Newton Golf Company, Inc. (NASDAQ:NWTG – Free Report) – Equities research analysts at Zacks Small Cap raised their FY2025 earnings estimates for shares of Newton Golf in a report issued on Wednesday, January 14th. Zacks Small Cap analyst T. Kerr now expects that the company will post earnings per share of ($1.56) for the year, up from their prior estimate of ($1.62). Zacks Small Cap also issued estimates for Newton Golf’s Q4 2025 earnings at ($0.34) EPS and FY2026 earnings at ($0.06) EPS.
Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Newton Golf in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.
Newton Golf Trading Down 1.7%
NWTG stock opened at $1.75 on Friday. Newton Golf has a 1-year low of $0.82 and a 1-year high of $40.20. The business’s 50 day moving average is $1.53 and its 200-day moving average is $1.66. The firm has a market cap of $8.31 million, a P/E ratio of -1.42 and a beta of 4.45.
Newton Golf (NASDAQ:NWTG – Get Free Report) last posted its quarterly earnings results on Thursday, November 13th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($0.15). The business had revenue of $2.58 billion during the quarter, compared to analyst estimates of $2.38 million. Newton Golf had a negative return on equity of 566.85% and a negative net margin of 172.69%.
Insider Buying and Selling at Newton Golf
In other Newton Golf news, Director Brett Widney Hoge purchased 83,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The stock was acquired at an average cost of $1.07 per share, with a total value of $88,810.00. Following the completion of the acquisition, the director directly owned 231,371 shares of the company’s stock, valued at $247,566.97. This represents a 55.94% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders acquired 112,000 shares of company stock valued at $126,910 in the last three months. Company insiders own 8.40% of the company’s stock.
Institutional Trading of Newton Golf
A hedge fund recently bought a new stake in Newton Golf stock. Virtu Financial LLC bought a new stake in Newton Golf Company, Inc. (NASDAQ:NWTG – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 16,009 shares of the company’s stock, valued at approximately $28,000. Virtu Financial LLC owned approximately 0.35% of Newton Golf as of its most recent filing with the Securities and Exchange Commission (SEC). 0.49% of the stock is owned by hedge funds and other institutional investors.
Newton Golf Company Profile
Sacks Parente Golf, Inc (“SPG”) is a technology-forward golf company, with a growing portfolio of golf products, including putting instruments, golf shafts, golf grips, and other golf-related products. In April 2022, in consideration of our growth opportunities in shaft technologies, we expanded our manufacturing business to include advanced premium golf shafts by opening a new shaft manufacturing facility in St. Joseph, MO. We intend to manufacture and assemble substantially all products in the United States.
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