Provident Financial Services Stock Buy Hold or Sell Recommendation
| PFS Stock | USD 21.40 0.55 2.64% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Provident Financial Services is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Provident Financial Services given historical horizon and risk tolerance towards Provident Financial. When Macroaxis issues a 'buy' or 'sell' recommendation for Provident Financial Services, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Provident Financial Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Provident and provide practical buy, sell, or hold advice based on investors' constraints. Provident Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Provident |
Execute Provident Financial Buy or Sell Advice
The Provident recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Provident Financial Services. Macroaxis does not own or have any residual interests in Provident Financial Services or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Provident Financial's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Provident Financial Trading Alerts and Improvement Suggestions
| About 69.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Provident financial director Edward Leppert sells shares worth 1.44 million |
Provident Financial Returns Distribution Density
The distribution of Provident Financial's historical returns is an attempt to chart the uncertainty of Provident Financial's future price movements. The chart of the probability distribution of Provident Financial daily returns describes the distribution of returns around its average expected value. We use Provident Financial Services price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Provident Financial returns is essential to provide solid investment advice for Provident Financial.
| Mean Return | 0.30 | Value At Risk | -2.92 | Potential Upside | 3.41 | Standard Deviation | 2.57 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Provident Financial historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Provident Stock Institutional Investors
The Provident Financial's institutional investors refer to entities that pool money to purchase Provident Financial's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Northern Trust Corp | 2024-09-30 | 1.5 M | Basswood Capital Management Llc | 2024-09-30 | 892.7 K | Jane Street Group Llc | 2024-06-30 | 745.4 K | Deutsche Bank Ag | 2024-06-30 | 701.9 K | Goldman Sachs Group Inc | 2024-06-30 | 687.5 K | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 679.7 K | Two Sigma Investments Llc | 2024-09-30 | 672.8 K | Voloridge Investment Management, Llc | 2024-09-30 | 650.5 K | Amvescap Plc. | 2024-06-30 | 644.5 K | Blackrock Inc | 2024-06-30 | 17.2 M | Vanguard Group Inc | 2024-09-30 | 14.6 M |
Provident Financial Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Capital Expenditures | 4.9M | 12.8M | 13.8M | 9.4M | 7.5M | 8.3M | |
| Net Income | 112.6M | 97.0M | 167.9M | 175.6M | 128.4M | 73.0M | |
| End Period Cash Flow | 186.7M | 532.4M | 712.5M | 186.4M | 180.3M | 189.3M | |
| Change In Cash | 44.1M | 345.6M | 180.1M | (498.7M) | (6.3M) | (5.9M) | |
| Free Cash Flow | 132.0M | 94.1M | 144.4M | 190.9M | 165.9M | 114.3M | |
| Depreciation | 18.8M | 20.0M | 22.7M | 23.7M | 22.2M | 16.8M | |
| Other Non Cash Items | 10.9M | 28.4M | (21.5M) | (9.3M) | 20.3M | 19.2M | |
| Dividends Paid | 72.8M | 65.8M | 71.5M | 72.0M | 72.4M | 45.0M | |
| Investments | 60.9M | (580.7M) | (985.3M) | (655.3M) | (508.3M) | (533.7M) | |
| Change Receivables | 2.4M | 8.5M | 4.5M | (9.9M) | (8.9M) | (8.5M) | |
| Net Borrowings | (317.1M) | (150.8M) | (564.2M) | 710.6M | 639.5M | 671.5M | |
| Change To Netincome | 2.8M | 4.9M | 48.6M | (16.5M) | (14.8M) | (14.1M) |
Provident Financial Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Provident Financial or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Provident Financial's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Provident stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 2.34 | |
σ | Overall volatility | 2.51 | |
Ir | Information ratio | 0.07 |
Provident Financial Volatility Alert
Provident Financial Services has relatively low volatility with skewness of 2.61 and kurtosis of 13.43. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Provident Financial's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Provident Financial's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Provident Financial Fundamentals Vs Peers
Comparing Provident Financial's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Provident Financial's direct or indirect competition across all of the common fundamentals between Provident Financial and the related equities. This way, we can detect undervalued stocks with similar characteristics as Provident Financial or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Provident Financial's fundamental indicators could also be used in its relative valuation, which is a method of valuing Provident Financial by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Provident Financial to competition |
| Fundamentals | Provident Financial | Peer Average |
| Return On Equity | 0.0445 | -0.31 |
| Return On Asset | 0.005 | -0.14 |
| Profit Margin | 0.18 % | (1.27) % |
| Operating Margin | 0.48 % | (5.51) % |
| Current Valuation | 5.24 B | 16.62 B |
| Shares Outstanding | 130.49 M | 571.82 M |
| Shares Owned By Insiders | 2.86 % | 10.09 % |
| Shares Owned By Institutions | 69.36 % | 39.21 % |
| Number Of Shares Shorted | 2.85 M | 4.71 M |
| Price To Earning | 12.34 X | 28.72 X |
| Price To Book | 1.07 X | 9.51 X |
| Price To Sales | 5.31 X | 11.42 X |
| Revenue | 615.82 M | 9.43 B |
| Gross Profit | 496.95 M | 27.38 B |
| EBITDA | 2.95 M | 3.9 B |
| Net Income | 128.4 M | 570.98 M |
| Cash And Equivalents | 381.36 M | 2.7 B |
| Cash Per Share | 5.13 X | 5.01 X |
| Total Debt | 1.46 B | 5.32 B |
| Debt To Equity | 0.30 % | 48.70 % |
| Book Value Per Share | 20.09 X | 1.93 K |
| Cash Flow From Operations | 173.4 M | 971.22 M |
| Short Ratio | 5.88 X | 4.00 X |
| Earnings Per Share | 1.01 X | 3.12 X |
| Price To Earnings To Growth | 1.84 X | 4.89 X |
| Target Price | 23.0 | |
| Number Of Employees | 1.11 K | 18.84 K |
| Beta | 1.02 | -0.15 |
| Market Capitalization | 2.79 B | 19.03 B |
| Total Asset | 14.21 B | 29.47 B |
| Retained Earnings | 974.54 M | 9.33 B |
| Annual Yield | 0.04 % | |
| Five Year Return | 4.16 % |
Note: Disposition of 18153 shares by Christopher Martin of Provident Financial at 20.619 subject to Rule 16b-3 [view details]
Provident Financial Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Provident . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Provident Financial Buy or Sell Advice
When is the right time to buy or sell Provident Financial Services? Buying financial instruments such as Provident Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Provident Financial in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 52 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Macroaxis Index Theme or any other thematic opportunities.
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Additional Tools for Provident Stock Analysis
When running Provident Financial's price analysis, check to measure Provident Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Provident Financial is operating at the current time. Most of Provident Financial's value examination focuses on studying past and present price action to predict the probability of Provident Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Provident Financial's price. Additionally, you may evaluate how the addition of Provident Financial to your portfolios can decrease your overall portfolio volatility.