Healthy Upside Potential: Provident Financial Services Inc (PFS)

With 5.27 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.78 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $16.24 whereas the lowest price it dropped to was $15.73. The 52-week range on PFS shows that it touched its highest point at $19.62 and its lowest point at $13.21 during that stretch. It currently has a 1-year price target of $18.20. With its current market cap of 1.23 billion, PFS has annualized dividend of $0.96 while the current yield stands at 5.95%. PFS paid its most recent dividend on 1714089600, while the ex-dividend date for that was 1714089600. Beta for the stock currently stands at 1.04.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PFS was up-trending over the past week, with a rise of 2.28%, but this was up by 18.26% over a month. Three-month performance surged to 5.42% while six-month performance rose 12.40%. The stock gained 6.19% in the past year, while it has lost -10.54% so far this year. A look at the trailing 12-month EPS for PFS yields 1.60 with Next year EPS estimates of 2.19. For the next quarter, that number is 0.41. This implies an EPS growth rate of 8.07% for this year and 18.72% for next year. EPS is expected to grow by 8.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.17%.

Float and Shares Shorts:

At present, 75.54 million PFS shares are outstanding with a float of 69.17 million shares on hand for trading. On 2024-04-30, short shares totaled 4.72 million, which was 621.0 higher than short shares on 1711584000. In addition to Mr. Christopher P. Martin as the firm’s Executive Chairman, Mr. Anthony J. Labozzetta serves as its President, CEO & Director.

Institutional Ownership:

Through their ownership of 0.73727 of PFS’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PFS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.