Zacks Small Cap Lowers Earnings Estimates for Newton Golf

Newton Golf Company, Inc. (NASDAQ:NWTG) – Investment analysts at Zacks Small Cap dropped their FY2025 earnings per share (EPS) estimates for shares of Newton Golf in a report issued on Wednesday, November 19th. Zacks Small Cap analyst T. Kerr now expects that the company will earn ($1.62) per share for the year, down from their previous forecast of ($1.25). Zacks Small Cap also issued estimates for Newton Golf’s Q4 2025 earnings at ($0.38) EPS and FY2026 earnings at ($0.14) EPS.

Other equities research analysts have also issued reports about the company. Wall Street Zen lowered Newton Golf from a “hold” rating to a “sell” rating in a research note on Saturday, August 16th. Weiss Ratings restated a “sell (e)” rating on shares of Newton Golf in a research report on Monday, November 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Newton Golf Trading Up 2.6%

Shares of NASDAQ NWTG opened at $1.19 on Monday. Newton Golf has a 12-month low of $0.82 and a 12-month high of $53.10. The firm has a market capitalization of $5.63 million, a price-to-earnings ratio of -0.96 and a beta of 4.65. The firm has a 50 day moving average of $1.62 and a 200 day moving average of $1.68.

Newton Golf (NASDAQ:NWTG) last issued its quarterly earnings data on Thursday, November 13th. The company reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.19) by ($0.15). Newton Golf had a negative return on equity of 566.85% and a negative net margin of 172.69%.The firm had revenue of $2.58 billion during the quarter, compared to the consensus estimate of $2.38 million. Newton Golf has set its FY 2025 guidance at EPS.

Institutional Investors Weigh In On 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) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 16,009 shares of the company’s stock, valued at approximately $28,000. Virtu Financial LLC owned about 0.35% of Newton Golf at the end of the most recent reporting period. Institutional investors and hedge funds own 0.49% of the company’s stock.

Insider Activity

In related news, Director Brett Widney Hoge bought 83,000 shares of the stock in a transaction dated Tuesday, November 18th. The shares were purchased at an average price of $1.07 per share, with a total value of $88,810.00. Following the completion of the acquisition, the director owned 231,371 shares of the company’s stock, valued at $247,566.97. This represents a 55.94% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have purchased a total of 102,000 shares of company stock worth $111,010 in the last quarter. Company insiders own 8.37% 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.