
Newton Golf Company, Inc. (NASDAQ:NWTG – Free Report) – Equities research analysts at Zacks Small Cap boosted their FY2025 EPS estimates for Newton Golf in a note issued to investors on Wednesday, January 14th. Zacks Small Cap analyst T. Kerr now expects that the company will post earnings of ($1.56) per share 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.
Newton Golf (NASDAQ:NWTG – Get Free Report) last announced its quarterly earnings data 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 company had revenue of $2.58 billion for the quarter, compared to analysts’ expectations of $2.38 million. Newton Golf had a negative net margin of 172.69% and a negative return on equity of 566.85%.
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Newton Golf Stock Performance
Shares of NWTG stock opened at $1.78 on Friday. The stock has a market capitalization of $8.46 million, a price-to-earnings ratio of -1.45 and a beta of 4.45. Newton Golf has a one year low of $0.82 and a one year high of $40.20. The company’s 50-day simple moving average is $1.52 and its 200-day simple moving average is $1.66.
Insider Activity
In other news, Director Brett Widney Hoge acquired 83,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The shares were acquired at an average price of $1.07 per share, with a total value of $88,810.00. Following the acquisition, the director directly owned 231,371 shares in the company, valued at approximately $247,566.97. The trade was a 55.94% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have acquired a total of 112,000 shares of company stock worth $126,910 over the last three months. Insiders own 8.40% of the company’s stock.
Institutional Trading of Newton Golf
An institutional investor recently bought a new position in Newton Golf stock. Virtu Financial LLC acquired a new position in Newton Golf Company, Inc. (NASDAQ:NWTG – Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 16,009 shares of the company’s stock, valued at approximately $28,000. Virtu Financial LLC owned 0.35% of Newton Golf as of its most recent filing with the SEC. Institutional investors and hedge funds own 0.49% of the company’s stock.
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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