Provident Bancorp Stock In The News
| PVBC Stock | USD 11.58 0.19 1.67% |
Our overall analysis of Provident Bancorp's news coverage and content from conventional and social sources shows investors' bearish mood towards Provident Bancorp. The specific impact of Provident Bancorp news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Provident Bancorp's overall financial health and prospects. It also depends on the type and quality of a news publisher.
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Provident Bancorp headlines in addition to utilizing other, more conventional financial analysis modules. Check out Provident Bancorp Backtesting and Provident Bancorp Hype Analysis. For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.
Provident |
Provident Bancorp Today Top News and Investor Outlook
Provident Bancorp Past News Timeline
Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Provident and other traded companies coverage with news coverage. We help investors stay connected with Provident headlines for the 27th of November to make an informed investment decision based on correlating the impacts of news items on Provident Stock performance. Please note that trading solely based on the Provident Bancorp hype is not for everyone as timely availability and quick action are needed to avoid losses.
Provident Bancorp stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Provident earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Provident Bancorp that are available to investors today. That information is available publicly through Provident media outlets and privately through word of mouth or via Provident internal channels. However, regardless of the origin, that massive amount of Provident data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Provident Bancorp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Provident Bancorp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Provident Bancorp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Provident Bancorp alpha.
Provident Largest EPS Surprises
Earnings surprises can significantly impact Provident Bancorp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-10-24 | 2024-09-30 | 0.07 | 0.04 | -0.03 | 42 | ||
2023-10-26 | 2023-09-30 | 0.12 | 0.15 | 0.03 | 25 | ||
2023-05-01 | 2023-03-31 | 0.16 | 0.13 | -0.03 | 18 | ||
2020-01-23 | 2019-12-31 | 0.17 | 0.14 | -0.03 | 17 | ||
2022-01-27 | 2021-12-31 | 0.25 | 0.21 | -0.04 | 16 | ||
2021-07-29 | 2021-06-30 | 0.23 | 0.18 | -0.05 | 21 |
Provident Bancorp Stock Latest Headlines
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Provident Bancorp Stock. Current markets are strongly bearish. About 82% of major world exchanges and indexes are down. See today's market update for more information.
14th of November 2024
Insider Spends US115k Buying More Shares In Provident Bancorp at simplywall.st
12th of November 2024
Director Dennis Pollack Acquires 10,000 Shares of Provident Bancorp Inc at gurufocus.com
11th of November 2024
Acquisition by Pollack Dennis of 5000 shares of Provident Bancorp at 11.64 subject to Rule... at Pollack Dennis
8th of November 2024
Acquisition by Pollack Dennis of 5000 shares of Provident Bancorp at 11.3 subject to Rule ... at Pollack Dennis
24th of October 2024
Provident Bancorp Inc earnings missed by 0.04, revenue topped estimates at investing.com
23rd of September 2024
Provident Bancorp Inc Trading Down 3.57 percent on Sep 23 at gurufocus.com
16th of September 2024
Acquisition by David Mansfield of 10294 shares of Provident Bancorp subject to Rule 16b-3 at David Mansfield
10th of September 2024
With 42 percent ownership, Provident Bancorp, Inc. has piqued the interest of institutiona... at finance.yahoo.com
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Provident Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Provident Bancorp's short interest history, or implied volatility extrapolated from Provident Bancorp options trading.
Check out Provident Bancorp Backtesting and Provident Bancorp Hype Analysis. For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Provident Bancorp. If investors know Provident will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Provident Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.73) | Earnings Share 0.32 | Revenue Per Share 3.314 | Quarterly Revenue Growth (0.20) | Return On Assets 0.0031 |
The market value of Provident Bancorp is measured differently than its book value, which is the value of Provident that is recorded on the company's balance sheet. Investors also form their own opinion of Provident Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Provident Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Provident Bancorp's market value can be influenced by many factors that don't directly affect Provident Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Provident Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Provident Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Provident Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.