A new trading day began on Tuesday, with Provident Financial Services Inc (NYSE: PFS) stock price up 3.40% from the previous day of trading, before settling in for the closing price of $18.23. PFS’s price has ranged from $13.07 to $22.24 over the past 52 weeks.
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Annual sales at Financial sector company grew by 23.02% over the past five years. Meanwhile, its annual earnings per share averaged 12.67%. With a float of $116.00 million, this company’s outstanding shares have now reached $130.49 million.
Let’s look at the performance matrix of the company that is accounted for 1142 employees. In terms of profitability, gross margin is 96.57%, operating margin of 43.96%, and the pretax margin is 13.74%.
Provident Financial Services Inc (PFS) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Regional Industry. The insider ownership of Provident Financial Services Inc is 6.00%, while institutional ownership is 72.30%. The most recent insider transaction that took place on Dec 11 ’24, was worth 73,080. In this transaction EVP, CRO of Provident Bank of this company sold 3,500 shares at a rate of $20.88, taking the stock ownership to the 34,254 shares. Before that another transaction happened on Dec 11 ’24, when Company’s Officer proposed sale 3,500 for $20.75, making the entire transaction worth $72,625.
Provident Financial Services Inc (PFS) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.5 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.67% per share during the next fiscal year.
Provident Financial Services Inc (NYSE: PFS) Trading Performance Indicators
Here are Provident Financial Services Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.16. Likewise, its price to free cash flow for the trailing twelve months is 10.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.04, a number that is poised to hit 0.47 in the next quarter and is forecasted to reach 2.32 in one year’s time.
Technical Analysis of Provident Financial Services Inc (PFS)
Provident Financial Services Inc (NYSE: PFS) saw its 5-day average volume 0.91 million, a positive change from its year-to-date volume of 0.63 million. As of the previous 9 days, the stock’s Stochastic %D was 45.67%. Additionally, its Average True Range was 0.57.
During the past 100 days, Provident Financial Services Inc’s (PFS) raw stochastic average was set at 30.18%, which indicates a significant decrease from 53.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.28% in the past 14 days, which was lower than the 36.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.60, while its 200-day Moving Average is $17.71. Nevertheless, the first resistance level for the watch stands at $19.07 in the near term. At $19.28, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.72. If the price goes on to break the first support level at $18.42, it is likely to go to the next support level at $17.98. Assuming the price breaks the second support level, the third support level stands at $17.77.
Provident Financial Services Inc (NYSE: PFS) Key Stats
With a market capitalization of 2.46 billion, the company has a total of 130,488K Shares Outstanding. Currently, annual sales are 1,140 M while annual income is 115,530 K. The company’s previous quarter sales were 336,120 K while its latest quarter income was 48,520 K.
