Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Provident Financial Services Inc (NYSE: PFS) closed at $16.69 down -0.54% from its previous closing price of $16.78. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 0.89 million shares were traded.
Ratios:
For a deeper understanding of Provident Financial Services Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 0.36.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Hovde Group on December 13, 2024, initiated with a Outperform rating and assigned the stock a target price of $25.
On August 15, 2024, Keefe Bruyette Upgraded its rating to Outperform which previously was Mkt Perform and also upped its target price recommendation from $20 to $21.
DA Davidson Upgraded its Neutral to Buy on April 22, 2024, whereas the target price for the stock was revised from $15 to $20.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 13 ’25 when LISTA GEORGE bought 1,000 shares for $16.73 per share. The transaction valued at 16,729 led to the insider holds 9,956 shares of the business.
Christy James A. sold 3,500 shares of PFS for $73,080 on Dec 11 ’24. The EVP, CRO of Provident Bank now owns 34,254 shares after completing the transaction at $20.88 per share. On Dec 11 ’24, another insider, Christy James A., who serves as the Officer of the company, bought 3,500 shares for $20.75 each.
Valuation Measures:
As of this moment, Provident’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.05, and their Forward P/E ratio for the next fiscal year is 7.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.69 while its Price-to-Book (P/B) ratio in mrq is 0.82.
Stock Price History:
Over the past 52 weeks, PFS has reached a high of $22.24, while it has fallen to a 52-week low of $13.07. The 50-Day Moving Average of the stock is 0.27%, while the 200-Day Moving Average is calculated to be -9.20%.
Shares Statistics:
A total of 130.66M shares are outstanding, with a floating share count of 116.12M. Insiders hold about 6.17% of the company’s shares, while institutions hold 72.49% stake in the company.
