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.
After finishing at $14.99 in the prior trading day, Provident Financial Services Inc (NYSE: PFS) closed at $15.35, up 2.40%. In other words, the price has increased by $2.40 from its previous closing price. On the day, 0.91 million shares were traded. PFS stock price reached its highest trading level at $15.58 during the session, while it also had its lowest trading level at $15.075.
Ratios:
Our goal is to gain a better understanding of PFS by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.42.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PFS now has a Market Capitalization of 2003190400 and an Enterprise Value of 4279629824. As of this moment, Provident’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.70, and their Forward P/E ratio for the next fiscal year is 6.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.76 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 7.049.
Stock Price History:
The Beta on a monthly basis for PFS is 0.85, which has changed by 0.12701905 over the last 52 weeks, in comparison to a change of 0.07455289 over the same period for the S&P500. 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 -11.55%, while the 200-Day Moving Average is calculated to be -16.45%.
Shares Statistics:
The stock has traded on average 692.36K shares per day over the past 3-months and 1041690 shares per day over the last 10 days, according to various share statistics. A total of 130.49M shares are outstanding, with a floating share count of 115.86M. Insiders hold about 6.13% of the company’s shares, while institutions hold 72.71% stake in the company. Shares short for PFS as of 1743379200 were 3202999 with a Short Ratio of 4.63, compared to 1740700800 on 2764757. Therefore, it implies a Short% of Shares Outstanding of 3202999 and a Short% of Float of 3.45.
Dividends & Splits
In the trailing 12 months, PFS’s forward annual dividend rate was 0.96, compared to 0.96 this year. Against a Trailing Annual Dividend Yield of 0.064042695The stock’s 5-year Average Dividend Yield is 5.16.
