Provident Financial Services Inc (NYSE: PFS) on Monday, soared 3.21% from the previous trading day, before settling in for the closing price of $21.18. Within the past 52 weeks, PFS’s price has moved between $13.07 and $22.00.
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Financial Sector giant saw their annual sales surged by 11.02% over the last five years. The company achieved an average annual earnings per share of 9.36%. With a float of $115.33 million, this company’s outstanding shares have now reached $123.37 million.
The firm has a total of 1142 workers. Let’s measure their productivity. In terms of profitability, gross margin is 94.34%, operating margin of 80.56%, and the pretax margin is 13.81%.
Provident Financial Services Inc (PFS) Breakdown of a Key Holders of the stock
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Provident Financial Services Inc is 6.52%, while institutional ownership is 73.23%. The most recent insider transaction that took place on Aug 21 ’24, was worth 117,018. In this transaction EVP & CRBO of provident Bank of this company sold 6,501 shares at a rate of $18.00, taking the stock ownership to the 82,155 shares. Before that another transaction happened on Aug 20 ’24, when Company’s EVP & CRBO of provident Bank sold 5,499 for $18.09, making the entire transaction worth $99,467. This insider now owns 88,656 shares in total.
Provident Financial Services Inc (PFS) Recent Fiscal highlights
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.44 earnings per share (EPS) for the period topping the consensus outlook (set at 0.4) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.49 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.36% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to -1.17% drop over the previous five years of trading.
Provident Financial Services Inc (NYSE: PFS) Trading Performance Indicators
Provident Financial Services Inc (PFS) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.89. Likewise, its price to free cash flow for the trailing twelve months is 12.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.04, a number that is poised to hit 0.50 in the next quarter and is forecasted to reach 2.13 in one year’s time.
Technical Analysis of Provident Financial Services Inc (PFS)
Analysing the last 5-days average volume posted by the [Provident Financial Services Inc, PFS], we can find that recorded value of 1.02 million was better than the volume posted last year of 0.89 million. As of the previous 9 days, the stock’s Stochastic %D was 81.96%. Additionally, its Average True Range was 0.69.
During the past 100 days, Provident Financial Services Inc’s (PFS) raw stochastic average was set at 95.96%, which indicates a significant increase from 90.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.04% in the past 14 days, which was higher than the 39.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.84, while its 200-day Moving Average is $16.38. Now, the first resistance to watch is $22.23. This is followed by the second major resistance level at $22.59. The third major resistance level sits at $22.96. If the price goes on to break the first support level at $21.50, it is likely to go to the next support level at $21.13. Now, if the price goes above the second support level, the third support stands at $20.77.
Provident Financial Services Inc (NYSE: PFS) Key Stats
Market capitalization of the company is 2.86 billion based on 130,485K outstanding shares. Right now, sales total 695,650 K and income totals 128,400 K. The company made 349,380 K in profit during its latest quarter, and 46,410 K in sales during its previous quarter.
