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Provident Financial Services Inc (NYSE: PFS) closed the day trading at $18.31 down -4.59% from the previous closing price of $19.19. In other words, the price has decreased by -$4.59 from its previous closing price. On the day, 1.46 million shares were traded. PFS stock price reached its highest trading level at $18.8 during the session, while it also had its lowest trading level at $17.75.
Ratios:
For a better understanding of PFS, let’s 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:
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 2389253632 and an Enterprise Value of 4952799232. As of this moment, Provident’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.53, and their Forward P/E ratio for the next fiscal year is 7.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.10 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 9.416.
Stock Price History:
The Beta on a monthly basis for PFS is 1.06, which has changed by 0.12607622 over the last 52 weeks, in comparison to a change of 0.23095727 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 -7.57%, while the 200-Day Moving Average is calculated to be 3.92%.
Shares Statistics:
Over the past 3-months, PFS traded about 586.72K shares per day on average, while over the past 10 days, PFS traded about 626390 shares per day. A total of 130.49M shares are outstanding, with a floating share count of 116.00M. Insiders hold about 6.00% of the company’s shares, while institutions hold 72.29% stake in the company. Shares short for PFS as of 1736899200 were 3065736 with a Short Ratio of 5.23, compared to 1734048000 on 2988760. Therefore, it implies a Short% of Shares Outstanding of 3065736 and a Short% of Float of 2.8399997999999997.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.16.
