Currently, there are 130.66M common shares owned by the public and among those 116.12M shares have been available to trade.
The company’s stock has a 5-day price change of -5.71% and -7.04% over the past three months. PFS shares are trading -12.56% year to date (YTD), with the 12-month market performance up to 5.50% higher. It has a 12-month low price of $13.07 and touched a high of $22.24 over the same period. PFS has an average intraday trading volume of 719.51K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.43%, -0.86%, and -10.23% respectively.
Institutional ownership of Provident Financial Services Inc (NYSE: PFS) shares accounts for 72.49% of the company’s 130.66M shares outstanding.
It has a market capitalization of $2.16B and a beta (3y monthly) value of 0.84. The stock’s trailing 12-month PE ratio is 14.87, while the earnings-per-share (ttm) stands at $1.11. The company has a debt-to-equity ratio at 1.05. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.29% over the week and 1.72% over the month.
Earnings per share for the fiscal year are expected to increase by 12.37%, and 10.48% over the next financial year.
Looking at the support for the PFS, a number of firms have released research notes about the stock. Hovde Group stated their Outperform rating for the stock in a research note on December 13, 2024, with the firm’s price target at $25. Keefe Bruyette coverage for the Provident Financial Services Inc (PFS) stock in a research note released on August 15, 2024 offered a Outperform rating with a price target of $21. DA Davidson was of a view on April 22, 2024 that the stock is Buy, while Piper Sandler gave the stock Overweight rating on August 22, 2023, issuing a price target of $20. Piper Sandler on their part issued Neutral rating on August 19, 2022.
