Provident Financial Coverage Initiated at StockNews.com
| PROV Stock | USD 15.10 0.23 1.55% |
Slightly above 53% of Provident Financial's sophisticated investors are presently thinking to get in. The analysis of overall sentiment of trading Provident Financial Holdings stock suggests that some investors are interested at this time. Provident Financial's investing sentiment can be driven by a variety of factors including economic data, Provident Financial's earnings reports, geopolitical events, and overall market trends.
Provident |
Stock analysts at StockNews.com initiated coverage on shares of Provident Financial in a research note issued to investors on Saturday. The brokerage set a hold rating on the financial services providers stock. Separately, Piper Sandler lifted their target price on shares of Provident Financial from 15.00 to 16.00 and gave
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Provident Financial Fundamental Analysis
We analyze Provident Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Provident Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Provident Financial based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Sales
Price To Sales Comparative Analysis
Provident Financial is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Provident Financial Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Provident Financial stock to make a market-neutral strategy. Peer analysis of Provident Financial could also be used in its relative valuation, which is a method of valuing Provident Financial by comparing valuation metrics with similar companies.
Peers
Provident Financial Related Equities
| FNWB | First Northwest | 2.33 | ||||
| CWBC | Community West | 1.18 | ||||
| FBIZ | First Business | 1.17 | ||||
| OPOF | Old Point | 0.76 | ||||
| PKBK | Parke Bancorp | 0.20 | ||||
| HFBL | Home Federal | 0.00 | ||||
| MGYR | Magyar Bancorp | 1.23 | ||||
| LSBK | Lake Shore | 1.68 |
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.