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home / news releases / NEWTZ - Newtek: Valuation Compression On Track

NEWTZ - Newtek: Valuation Compression On Track

Newtek Business Services Corp. 5.50% Notes Due 2026
  • We had upgraded Newtek to neutral from our earlier short-sell idea as the stock entered the upper end of its normal valuation range.
  • The stock has dropped another 21% since then.
  • We are now getting close to a good valuation to buy this.
  • We review Q1-2022 and tell you where we would be excited to own this.

For further details see:

Newtek: Valuation Compression On Track
Stock Information
Company Name: Newtek Business Services Corp. 5.50% Notes Due 2026
Stock Symbol: NEWTZ
Market: NASDAQ
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