News stories about NewStar Financial (NASDAQ:NEWS) have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NewStar Financial earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the credit services provider an impact score of 45.5643230071507 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Several equities research analysts recently issued reports on NEWS shares. Zacks Investment Research lowered shares of NewStar Financial from a “hold” rating to a “sell” rating in a research note on Saturday, November 4th. BidaskClub lowered shares of NewStar Financial from a “hold” rating to a “sell” rating in a research note on Saturday, December 16th. Finally, Janney Montgomery Scott lowered shares of NewStar Financial from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 17th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. NewStar Financial has an average rating of “Hold” and an average target price of $11.50.
NewStar Financial (NEWS) remained flat at $$11.98 during mid-day trading on Friday. The company has a debt-to-equity ratio of 4.55, a current ratio of 10.24 and a quick ratio of 9.21. NewStar Financial has a 1 year low of $8.54 and a 1 year high of $12.59. The firm has a market capitalization of $497.83, a P/E ratio of 119.80 and a beta of 2.09.
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About NewStar Financial
NewStar Financial, Inc (NewStar) is a commercial finance company. The Company operates through two segments: Commercial Lending and Asset Management. The Commercial Lending segment represents its direct lending activities, which are focused on providing a range of flexible senior secured debt options to mid-sized companies.
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