Could this be the case of a blown-up long-term opportunity? Provident Financial Services Inc (PFS)

Provident Financial Services Inc [PFS] stock prices are up 5.21% to $14.35 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PFS shares have gain 6.38% over the last week, with a monthly amount glided 0.49%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Provident Financial Services Inc [NYSE: PFS] stock has seen the most recent analyst activity on April 22, 2024, when DA Davidson upgraded its rating to a Buy and also boosted its price target to $20 from $15. Previously, Piper Sandler upgraded its rating to Overweight on August 22, 2023, and kept the price target unchanged to $20. On August 19, 2022, downgrade downgraded it’s rating to Neutral but maintained its price target of $26 on the stock. RBC Capital Mkts upgraded its rating to a Outperform and increased its price target to $26 on March 05, 2021. Boenning & Scattergood upgraded its rating to a Outperform. RBC Capital Mkts started tracking with a Sector Perform rating for this stock on October 11, 2019, and assigned it a price target of $26. In a note dated December 20, 2018, Sandler O’Neill upgraded an Buy rating on this stock.

The stock price of Provident Financial Services Inc [PFS] has been fluctuating between $13.07 and $19.62 over the past year. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. Provident Financial Services Inc [NYSE: PFS] shares were valued at $14.35 at the most recent close of the market. An investor can expect a potential return of 32.4% based on the average PFS price forecast.

Analyzing the PFS fundamentals

The Provident Financial Services Inc [NYSE:PFS] reported sales of 714.43M for trailing twelve months, representing a surge of 11.34%. Gross Profit Margin for this corporation currently stands at 0.92% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.22.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.96 points at the first support level, and at 13.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.58, and for the 2nd resistance point, it is at 14.80.

Ratios To Look Out For

It’s worth pointing out that Provident Financial Services Inc [NYSE:PFS]’s Current Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 2.61, the price to book ratio is 0.64 and price to earnings (TTM) ratio is 8.97.

Transactions by insiders

Recent insider trading involved LABOZZETTA ANTHONY J, President and CEO, that happened on May 20 ’24 when 868.0 shares were purchased. Pres/CEO Prov Protection Plus, LISTA GEORGE completed a deal on Feb 05 ’24 to buy 1094.0 shares. Meanwhile, Director McNerney Robert sold 5000.0 shares on Jan 30 ’24.

Related Posts