Provident Bancorp Stock Buy Hold or Sell Recommendation
| PVBC Stock | USD 11.93 0.32 2.61% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Provident Bancorp is 'Buy'. Macroaxis provides Provident Bancorp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PVBC positions.
Check out Provident Bancorp 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. For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide. In addition, we conduct extensive research on individual companies such as Provident and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Provident Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Provident |
Execute Provident Bancorp 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 Bancorp. Macroaxis does not own or have any residual interests in Provident Bancorp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Provident Bancorp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Provident Bancorp Trading Alerts and Improvement Suggestions
| Latest headline from finance.yahoo.com: First Capital Bank Appoints Andy Thomas as New Lowcountry Market President |
Provident Bancorp Returns Distribution Density
The distribution of Provident Bancorp's historical returns is an attempt to chart the uncertainty of Provident Bancorp's future price movements. The chart of the probability distribution of Provident Bancorp daily returns describes the distribution of returns around its average expected value. We use Provident Bancorp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Provident Bancorp returns is essential to provide solid investment advice for Provident Bancorp.
| Mean Return | 0.14 | Value At Risk | -2.39 | Potential Upside | 4.40 | Standard Deviation | 1.79 |
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 Bancorp 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
| Shares | Northern Trust Corp | 2024-12-31 | 128.8 K | Jpmorgan Chase & Co | 2024-09-30 | 101.1 K | Four Tree Island Advisory Llc | 2024-12-31 | 92.3 K | Newedge Investment Solutions | 2024-12-31 | 76.3 K | Watch Point Trust Co | 2024-12-31 | 70.2 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 62.7 K | Bank Of New York Mellon Corp | 2024-12-31 | 52.1 K | Charles Schwab Investment Management Inc | 2024-12-31 | 45.9 K | Fourthstone Llc | 2024-12-31 | 43.7 K | Stilwell Value Llc | 2024-12-31 | 1.7 M | M3f, Inc. | 2024-12-31 | 1.2 M |
Provident Bancorp Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 24.2M | 69.3M | (72.5M) | 139.7M | 160.7M | 168.7M | |
| Free Cash Flow | 17.3M | 23.9M | 21.6M | 5.2M | 6.0M | 5.7M | |
| Depreciation | 1.1M | 1.0M | 1.1M | 932K | 1.1M | 1.0M | |
| Other Non Cash Items | 5.0M | 2.8M | 55.2M | (801K) | (921.2K) | (875.1K) | |
| Capital Expenditures | 911K | 412K | 262K | 339K | 305.1K | 289.8K | |
| Net Income | 12.0M | 16.1M | (21.5M) | 11.0M | 9.9M | 10.4M | |
| End Period Cash Flow | 83.8M | 153.1M | 80.6M | 220.3M | 253.4M | 266.1M | |
| Investments | (360.5M) | (5.4M) | (22.3M) | 179.3M | 206.1M | 216.4M | |
| Change To Netincome | 2.9M | 5.5M | 4.7M | 6.2M | 7.1M | 7.4M |
Provident Bancorp 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 Bancorp 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 Bancorp'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 | 0.13 | |
β | Beta against Dow Jones | 0.70 | |
σ | Overall volatility | 1.87 | |
Ir | Information ratio | 0.07 |
Provident Bancorp Volatility Alert
Provident Bancorp has relatively low volatility with skewness of 0.57 and kurtosis of 0.95. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Provident Bancorp'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 Bancorp'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 Bancorp Fundamentals Vs Peers
Comparing Provident Bancorp'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 Bancorp's direct or indirect competition across all of the common fundamentals between Provident Bancorp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Provident Bancorp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Provident Bancorp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Provident Bancorp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Provident Bancorp to competition |
| Fundamentals | Provident Bancorp | Peer Average |
| Return On Equity | 0.0321 | -0.31 |
| Return On Asset | 0.0045 | -0.14 |
| Profit Margin | 0.13 % | (1.27) % |
| Operating Margin | 0.44 % | (5.51) % |
| Current Valuation | 79.52 M | 16.62 B |
| Shares Outstanding | 17.79 M | 571.82 M |
| Shares Owned By Insiders | 11.49 % | 10.09 % |
| Shares Owned By Institutions | 45.80 % | 39.21 % |
| Number Of Shares Shorted | 107.23 K | 4.71 M |
| Price To Earning | 8.49 X | 28.72 X |
| Price To Book | 0.94 X | 9.51 X |
| Price To Sales | 3.83 X | 11.42 X |
| Revenue | 65.91 M | 9.43 B |
| Gross Profit | 55.4 M | 27.38 B |
| EBITDA | 2 M | 3.9 B |
| Net Income | 10.95 M | 570.98 M |
| Cash And Equivalents | 154.8 M | 2.7 B |
| Cash Per Share | 8.89 X | 5.01 X |
| Total Debt | 108.87 M | 5.32 B |
| Debt To Equity | 6.33 % | 48.70 % |
| Book Value Per Share | 13.77 X | 1.93 K |
| Cash Flow From Operations | 5.55 M | 971.22 M |
| Short Ratio | 4.49 X | 4.00 X |
| Earnings Per Share | 0.43 X | 3.12 X |
| Target Price | 13.5 | |
| Beta | 0.48 | -0.15 |
| Market Capitalization | 212.22 M | 19.03 B |
| Total Asset | 1.67 B | 29.47 B |
| Retained Earnings | 106.28 M | 9.33 B |
| Net Asset | 1.67 B |
Note: Acquisition by Pollack Dennis of 1434 shares of Provident Bancorp at 9.74 subject to Rule 16b-3 [view details]
Provident Bancorp 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.
| Accumulation Distribution | 2878.76 | |||
| Daily Balance Of Power | (0.67) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 12.13 | |||
| Day Typical Price | 12.06 | |||
| Price Action Indicator | (0.36) | |||
| Period Momentum Indicator | (0.32) |
About Provident Bancorp Buy or Sell Advice
When is the right time to buy or sell Provident Bancorp? 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.
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Check out Provident Bancorp 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. For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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 0.65 | Earnings Share 0.43 | Revenue Per Share | Quarterly Revenue Growth (0.04) | Return On Assets |
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.