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Provident Financial Services, Inc is a banks-regional business based in the US. Provident Financial Services shares (PFS) are listed on the NYSE and all prices are listed in US Dollars. Provident Financial Services employs 968 staff and has a trailing 12-month revenue of around USD$331.5 million.
|Latest market close||USD$17.96|
|52-week range||USD$8.6022 - USD$23.3765|
|50-day moving average||USD$16.53|
|200-day moving average||USD$14.187|
|Wall St. target price||USD$17.6|
|Dividend yield||USD$0.92 (5.09%)|
|Earnings per share (TTM)||USD$1.236|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-07)||-9.79%|
|1 month (2020-12-16)||1.87%|
|3 months (2020-10-16)||38.05%|
|6 months (2020-07-16)||23.78%|
|1 year (2020-01-16)||-26.57%|
|2 years (2019-01-16)||-28.81%|
|3 years (2018-01-16)||27.84|
|5 years (2016-01-15)||0.06%|
Valuing Provident Financial Services stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Provident Financial Services's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Provident Financial Services's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Provident Financial Services shares trade at around 14x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Provident Financial Services's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.84. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Provident Financial Services's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||USD$331.5 million|
|Operating margin TTM||35.59%|
|Gross profit TTM||USD$348.7 million|
|Return on assets TTM||0.72%|
|Return on equity TTM||5.49%|
|Market capitalisation||USD$1.4 billion|
TTM: trailing 12 months
There are currently 807,396 Provident Financial Services shares held short by investors – that's known as Provident Financial Services's "short interest". This figure is 59.9% up from 504,994 last month.
There are a few different ways that this level of interest in shorting Provident Financial Services shares can be evaluated.
Provident Financial Services's "short interest ratio" (SIR) is the quantity of Provident Financial Services shares currently shorted divided by the average quantity of Provident Financial Services shares traded daily (recently around 366998.18181818). Provident Financial Services's SIR currently stands at 2.2. In other words for every 100,000 Provident Financial Services shares traded daily on the market, roughly 2200 shares are currently held short.
However Provident Financial Services's short interest can also be evaluated against the total number of Provident Financial Services shares, or, against the total number of tradable Provident Financial Services shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Provident Financial Services's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Provident Financial Services shares in existence, roughly 10 shares are currently held short) or 0.012% of the tradable shares (for every 100,000 tradable Provident Financial Services shares, roughly 12 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Provident Financial Services.
Find out more about how you can short Provident Financial Services stock.
Dividend payout ratio: 75.41% of net profits
Recently Provident Financial Services has paid out, on average, around 75.41% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.09% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Provident Financial Services shareholders could enjoy a 5.09% return on their shares, in the form of dividend payments. In Provident Financial Services's case, that would currently equate to about $0.92 per share.
Provident Financial Services's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Provident Financial Services's most recent dividend payout was on 27 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 12 November 2020 (the "ex-dividend date").
Over the last 12 months, Provident Financial Services's shares have ranged in value from as little as $8.6022 up to $23.3765. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Provident Financial Services's is 0.9995. This would suggest that Provident Financial Services's shares are less volatile than average (for this exchange).
Provident Financial Services, Inc. operates as the holding company for Provident Bank that provides various banking services to individuals, families, and businesses in the United States. The company's deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. Its loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, and retail and industrial properties; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, marine loans, personal loans, and auto and recreational vehicle loans. The company also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, it provides wealth management services comprising investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. Further, the company sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. As of December 31, 2019, it operated 83 full-service branch offices in northern and central New Jersey, as well as in Pennsylvania. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.
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