Provident Financial Services Inc [PFS] stock prices are up 3.97% to $19.10 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PFS shares have gain 2.03% over the last week, with a monthly amount drifted -7.10%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Provident Financial Services Inc [NYSE: PFS] stock has seen the most recent analyst activity on December 13, 2024, when Hovde Group initiated its Outperform rating and assigned the stock a price target of $25. Previously, Keefe Bruyette upgraded its rating to Outperform on August 15, 2024, and elevated its price target to $21. On April 22, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $20 on the stock. Piper Sandler upgraded its rating to a Overweight but stick to its price target of $20 on August 22, 2023. Piper Sandler downgraded its rating to a Neutral but $26 remained the price target by the analyst firm on August 19, 2022. RBC Capital Mkts upgraded its rating to Outperform for this stock on March 05, 2021, and upped its price target to $26. In a note dated March 13, 2020, Boenning & Scattergood upgraded an Outperform rating on this stock.
The stock price of Provident Financial Services Inc [PFS] has been fluctuating between $13.07 and $22.24 over the past year. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. Provident Financial Services Inc [NYSE: PFS] shares were valued at $19.10 at the most recent close of the market. An investor can expect a potential return of 9.95% based on the average PFS price forecast.
Analyzing the PFS fundamentals
The Provident Financial Services Inc [NYSE:PFS] reported sales of 987.11M for trailing twelve months, representing a surge of 96.93%. Gross Profit Margin for this corporation currently stands at 0.95% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.04 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.0.
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 18.67 points at the first support level, and at 18.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.35, and for the 2nd resistance point, it is at 19.60.
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 2.52, the price to book ratio is 0.95 and price to earnings (TTM) ratio is 18.44.
Transactions by insiders
Recent insider trading involved Christy James A., EVP, CRO of Provident Bank, that happened on Dec 11 ’24 when 3500.0 shares were sold. Officer, Christy James A. completed a deal on Dec 11 ’24 to buy 3500.0 shares. Meanwhile, Director LEPPERT EDWARD J sold 69921.0 shares on Nov 20 ’24.
