Stock News

Newtek Business Services Corp. (NEWT) Reaches $19.43 After 8.00% Down Move; Last Week Juniper Networks, Inc. (JNPR) Analysts

Newtek Business Services Corp. (NASDAQ:NEWT) Logo

The stock of Newtek Business Services Corp. (NASDAQ:NEWT) is a huge mover today! The stock decreased 6.14% or $1.27 during the last trading session, reaching $19.43. About 445,726 shares traded or 404.69% up from the average. Newtek Business Services Corp. (NASDAQ:NEWT) has risen 14.46% since June 5, 2017 and is uptrending. It has outperformed by 1.89% the S&P500. Some Historical NEWT News: ; 09/03/2018 – Newtek Business Services Short-Interest Ratio Up 123% to 7 Days; 25/04/2018 – Newtek Business Services Closes Below 50-Day MA: Technicals; 29/03/2018 – NEWTEK BUSINESS SERVICES CORP – INTEND TO CONSOLIDATE PORTFOLIO COMPANY SBA 504 LENDING WITHIN NBL GOING FORWARD; 07/03/2018 – NEWTEK BUSINESS SERVICES CORP NEWT.O : KBW RAISES TARGET PRICE TO $19 FROM $18; 16/03/2018 – NEWTEK BUSINESS SERVICES CORP – UNIT’S MANAGEMENT BELIEVES THAT ATTACKERS COMPROMISED A PORTION OF ITS SHARED WEBHOSTING SYSTEM; 16/03/2018 – NEWTEK BUSINESS SERVICES CORP – UNIT EXPERIENCED CYBERSECURITY INCIDENT; 05/03/2018 Newtek Business Services Corp. Reports Full Year 2017 Financial Results; 05/03/2018 – Newtek 2017 Adjusted Net Investment Income Was $30.8 Million, or $1.77/Share; 16/03/2018 – NEWTEK BUSINESS SERVICES – UNIT’S MANAGEMENT BELIEVES ATTACKERS MAY HAVE ACQUIRED SOME CUSTOMER INFORMATION LIMITED TO SHARED WEBHOSTING CUSTOMERS; 05/03/2018 – Newtek Forecasts Paying Annual Cash Dividend of $1.70 Per Share in 2018The move comes after 7 months negative chart setup for the $362.69 million company. It was reported on Jun, 5 by Barchart.com. We have $17.88 PT which if reached, will make NASDAQ:NEWT worth $29.02 million less.

Among 34 analysts covering Juniper Networks Inc. (NYSE:JNPR), 8 have Buy rating, 7 Sell and 19 Hold. Therefore 24% are positive. Juniper Networks Inc. had 100 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Wednesday, April 19 by RBC Capital Markets. Bank of America maintained it with “Neutral” rating and $30 target in Wednesday, October 18 report. The stock has “Underweight” rating by Barclays Capital on Wednesday, January 31. Deutsche Bank upgraded the stock to “Hold” rating in Wednesday, May 2 report. The firm has “Buy” rating by Nomura given on Thursday, December 8. The stock of Juniper Networks, Inc. (NYSE:JNPR) has “Hold” rating given on Friday, December 15 by Stifel Nicolaus. Robert W. Baird maintained Juniper Networks, Inc. (NYSE:JNPR) rating on Wednesday, July 26. Robert W. Baird has “Hold” rating and $3000 target. The company was initiated on Monday, June 5 by Pacific Crest. M Partners upgraded the shares of JNPR in report on Friday, July 24 to “Neutral” rating. The stock of Juniper Networks, Inc. (NYSE:JNPR) earned “Outperform” rating by BMO Capital Markets on Thursday, October 12. See Juniper Networks, Inc. (NYSE:JNPR) latest ratings:

10/05/2018 Broker: Credit Suisse Rating: Underperform New Target: $21 Initiates Coverage On
03/05/2018 Broker: JP Morgan Rating: Underweight New Target: $24 Initiates Coverage On
03/05/2018 Broker: J.P. Morgan Rating: Sell New Target: $24.0000 Initiate
02/05/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $29 New Target: $30 Maintain
02/05/2018 Broker: Deutsche Bank Old Rating: Sell New Rating: Hold Old Target: $21 Upgrade
02/05/2018 Broker: Bank of America Old Rating: Neutral New Rating: Buy Old Target: $28 Upgrade
18/04/2018 Broker: Goldman Sachs Old Rating: Neutral New Rating: Sell Old Target: $26 Downgrade
27/02/2018 Broker: Standpoint Research Old Rating: Hold New Rating: Buy Upgrade
07/02/2018 Broker: Goldman Sachs Rating: Neutral New Target: $26 Initiates Coverage On
31/01/2018 Broker: Cowen & Co Rating: Hold New Target: $25.0 Maintain

More notable recent Newtek Business Services Corp. (NASDAQ:NEWT) news were published by: Nasdaq.com which released: “Newtek Small Business Finance, LLC Receives Reduction in Interest Rate for $100.0 Million Capital One Revolving …” on June 04, 2018, also Benzinga.com with their article: “The Market In 5 Minutes: Athenahealth CEO, Starbucks Chair, WWDC Updates And More” published on June 05, 2018, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For June 5, 2018” on June 05, 2018. More interesting news about Newtek Business Services Corp. (NASDAQ:NEWT) were released by: Benzinga.com and their article: “35 Stocks Moving In Tuesday’s Mid-Day Session” published on June 05, 2018 as well as Nasdaq.com‘s news article titled: “Report: Exploring Fundamental Drivers Behind Allegiant Travel, Hurco Companies, Newtek Business Services …” with publication date: May 25, 2018.

Among 5 analysts covering Newtech (NASDAQ:NEWT), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Newtech had 15 analyst reports since August 3, 2015 according to SRatingsIntel. Compass Point initiated it with “Neutral” rating and $17.50 target in Thursday, September 17 report. Keefe Bruyette & Woods downgraded Newtek Business Services Corp. (NASDAQ:NEWT) on Tuesday, November 29 to “Mkt Perform” rating. The stock of Newtek Business Services Corp. (NASDAQ:NEWT) has “Hold” rating given on Friday, October 13 by Keefe Bruyette & Woods. Singular Research maintained it with “Buy” rating and $22 target in Monday, August 3 report. The rating was downgraded by Compass Point on Wednesday, May 24 to “Neutral”. On Tuesday, November 10 the stock rating was upgraded by Raymond James to “Outperform”. On Monday, August 15 the stock rating was maintained by Raymond James with “Outperform”. The rating was upgraded by Compass Point on Friday, May 5 to “Buy”. The rating was downgraded by Raymond James to “Market Perform” on Tuesday, June 5. The stock has “Hold” rating by Keefe Bruyette & Woods on Tuesday, May 30.

Analysts await Newtek Business Services Corp. (NASDAQ:NEWT) to report earnings on August, 1. They expect $0.37 EPS, down 9.76% or $0.04 from last year’s $0.41 per share. NEWT’s profit will be $6.91M for 13.13 P/E if the $0.37 EPS becomes a reality. After $0.44 actual EPS reported by Newtek Business Services Corp. for the previous quarter, Wall Street now forecasts -15.91% negative EPS growth.

Investors sentiment increased to 1.32 in Q1 2018. Its up 0.17, from 1.15 in 2017Q4. It improved, as 6 investors sold Newtek Business Services Corp. shares while 13 reduced holdings. 13 funds opened positions while 12 raised stakes. 3.48 million shares or 1.21% less from 3.52 million shares in 2017Q4 were reported. Morgan Stanley invested in 0% or 89,944 shares. National Bank & Trust Of America De invested in 0% or 65,006 shares. California Public Employees Retirement owns 53,644 shares for 0% of their portfolio. Goldman Sachs stated it has 0% of its portfolio in Newtek Business Services Corp. (NASDAQ:NEWT). Royal Bancorporation Of Canada stated it has 0% of its portfolio in Newtek Business Services Corp. (NASDAQ:NEWT). Manufacturers Life Ins Company The accumulated 1,088 shares or 0% of the stock. Amer Asset Incorporated accumulated 14,677 shares. Peak6 Investments L P reported 9,291 shares. The Illinois-based Bard Assocs Incorporated has invested 1.55% in Newtek Business Services Corp. (NASDAQ:NEWT). Opus Capital Group Inc Limited Company reported 0.55% in Newtek Business Services Corp. (NASDAQ:NEWT). 11,903 were reported by Hightower Advsrs Limited Liability Com. Crow Point Prtnrs Limited Liability Corp reported 30,000 shares or 0.1% of all its holdings. Moreover, Invesco Limited has 0% invested in Newtek Business Services Corp. (NASDAQ:NEWT). 12,036 were reported by Millennium Mngmt Limited Liability Company. Van Eck Corp has invested 0.01% of its portfolio in Newtek Business Services Corp. (NASDAQ:NEWT).

Newtek Business Services Corp. is a business development firm specializing in providing financial and business services to the small-and medium-sized business market in the United States. The company has market cap of $362.69 million. The firm also seeks to invest in early stage businesses. It has a 8.42 P/E ratio. The firm seeks to makes both debt and equity investments.

Juniper Networks, Inc. designs, develops, and sells network services and products worldwide. The company has market cap of $9.47 billion. The firm offers various routing products, such as ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; PTX series packet transport routers; cloud customer premises equipment; and NorthStar controllers. It has a 33.89 P/E ratio. It also provides switching products, including EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus and data center environments; QFX series of core, spine, and top-of-rack data center switches; and OCX1100, an open networking switch.

The stock increased 0.56% or $0.15 during the last trading session, reaching $27.11. About 1.93M shares traded. Juniper Networks, Inc. (NYSE:JNPR) has declined 7.51% since June 5, 2017 and is downtrending. It has underperformed by 20.08% the S&P500. Some Historical JNPR News: ; 10/04/2018 – Juniper Research: Mixed Reality Apps to Exceed 9 billion by 2022, as Industry aims to Emulate Pokémon Go’s Success; 07/03/2018 – Juniper Capital III Conducts Final Close At Hard Cap Of $677.5 Million; 03/04/2018 – Media Advisory: Juniper Networks Will Showcase Simplicity in Engineering at 20th Edition of MPLS + SDN + NFV World Congress; 30/04/2018 – Juniper at Bernstein Strategic Decisions CEO Conference May 30; 01/05/2018 – Juniper Research: Loot Boxes & In-Game Spend Drive Digital Games Market: Surpassing $160 billion by 2022; 26/04/2018 – Jenny Glover Joins Juniper Park\TBWA as Executive Creative Director; 14/05/2018 – Juniper Presenting at Bank of America Conference Jun 5; 01/05/2018 – Juniper Networks Sees 3Q Rev $1.175B; 23/03/2018 – JUNIPER NETWORKS NAMES MANOJ LEELANIVAS CHIEF PRODUCT OFFICER; 01/05/2018 – JUNIPER SEES 2Q REV. ABOUT $1.18B, +/- $30M, EST. $1.16B

Investors sentiment increased to 0.89 in 2018 Q1. Its up 0.05, from 0.84 in 2017Q4. It improved, as 44 investors sold Juniper Networks, Inc. shares while 142 reduced holdings. 45 funds opened positions while 121 raised stakes. 311.33 million shares or 1.03% less from 314.57 million shares in 2017Q4 were reported. Qs Ltd Liability Co has 0.02% invested in Juniper Networks, Inc. (NYSE:JNPR) for 64,010 shares. New Vernon Cap Ii Ltd Liability has invested 0.29% in Juniper Networks, Inc. (NYSE:JNPR). Amica Mutual Insur, Rhode Island-based fund reported 38,751 shares. Palisades Hudson Asset Management Limited Partnership invested in 0.2% or 15,378 shares. San Francisco Sentry (Ca) invested in 357 shares or 0% of the stock. Qcm Cayman has 0.61% invested in Juniper Networks, Inc. (NYSE:JNPR) for 9,713 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt reported 0.01% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR). Gyroscope Cap Mgmt Gru stated it has 2.88% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR). Numerixs Invest Technologies invested in 0.05% or 8,600 shares. Balyasny Asset Mngmt Ltd Co holds 614,919 shares or 0.06% of its portfolio. Schwab Charles Invest reported 0.03% stake. Raymond James & Assoc accumulated 117,465 shares. Exane Derivatives holds 0% or 11,322 shares in its portfolio. Eqis Management invested 0.05% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR). Optimum Invest Advisors has invested 0% in Juniper Networks, Inc. (NYSE:JNPR).

Juniper Networks, Inc. (NYSE:JNPR) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *