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After finishing at $18.66 in the prior trading day, Provident Financial Services Inc (NYSE: PFS) closed at $18.48, down -0.96%. In other words, the price has decreased by -$0.96 from its previous closing price. On the day, 0.41 million shares were traded.
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 0.93 whereas as Long-Term Debt/Eq ratio is at 0.93.
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 Dec 11 ’24 when Christy James A. sold 3,500 shares for $20.88 per share. The transaction valued at 73,080 led to the insider holds 34,254 shares of the business.
Christy James A. bought 3,500 shares of PFS for $72,625 on Dec 11 ’24. On Nov 20 ’24, another insider, LEPPERT EDWARD J, who serves as the Director of the company, sold 69,921 shares for $20.63 each. As a result, the insider received 1,442,470 and left with 78,245 shares of the company.
Valuation Measures:
As of this moment, Provident’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.69, and their Forward P/E ratio for the next fiscal year is 8.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.12 while its Price-to-Book (P/B) ratio in mrq is 0.93.
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 -3.63%, while the 200-Day Moving Average is calculated to be 3.14%.
Shares Statistics:
A total of 130.49M shares are outstanding, with a floating share count of 115.97M. Insiders hold about 6.03% of the company’s shares, while institutions hold 72.27% stake in the company.
