FY2026 EPS Estimates for Newton Golf Cut by Zacks Research

Newton Golf Company, Inc. (NASDAQ:NWTG) – Equities research analysts at Zacks Research reduced their FY2026 EPS estimates for Newton Golf in a research note issued to investors on Wednesday, April 1st. Zacks Research analyst T. Kerr now forecasts that the company will post earnings of ($0.48) per share for the year, down from their prior estimate of ($0.06).

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of Newton Golf in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Newton Golf has an average rating of “Sell”.

Newton Golf Stock Performance

Shares of NASDAQ NWTG opened at $1.42 on Friday. The stock has a market cap of $6.52 million, a PE ratio of -0.81 and a beta of 3.57. Newton Golf has a 12-month low of $0.82 and a 12-month high of $3.50. The company has a 50-day moving average of $1.53 and a 200 day moving average of $1.59.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of NWTG. Geode Capital Management LLC grew its holdings in shares of Newton Golf by 45.6% in the fourth quarter. Geode Capital Management LLC now owns 41,530 shares of the company’s stock valued at $62,000 after purchasing an additional 13,001 shares during the period. DRW Securities LLC purchased a new position in Newton Golf during the fourth quarter worth about $27,000. Finally, Virtu Financial LLC purchased a new position in Newton Golf during the third quarter worth about $28,000. Institutional investors and hedge funds own 0.49% of the company’s stock.

About Newton Golf

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.