Provident Financial Services Stock Performance
| PFS Stock | USD 21.40 0.55 2.64% |
On a scale of 0 to 100, Provident Financial holds a performance score of 8. The company holds a Beta of 2.34, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Provident Financial will likely underperform. Please check Provident Financial's skewness, and the relationship between the value at risk and day median price , to make a quick decision on whether Provident Financial's historical price patterns will revert.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Provident Financial Services are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively inconsistent technical and fundamental indicators, Provident Financial unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 3.69 | Five Day Return 6.84 | Year To Date Return 22.39 | Ten Year Return 25.51 | All Time Return 43.16 |
Forward Dividend Yield 0.0449 | Payout Ratio 0.8571 | Forward Dividend Rate 0.96 | Dividend Date 2024-11-29 | Ex Dividend Date 2024-11-15 |
| Provident Financial dividend paid on 30th of August 2024 | 08/30/2024 |
1 | Provident Bank Welcomes Vivin Varghese As Senior Vice President, Chief Information Security Officer | 09/23/2024 |
2 | Provident Financial Lags Q3 Earnings and Revenue Estimates | 10/29/2024 |
3 | November 2024s Stocks Estimated To Be Trading Below Their Intrinsic Value | 11/04/2024 |
4 | US Stocks That May Be Priced Below Intrinsic Value In November 2024 | 11/05/2024 |
5 | Provident Financial Services, Inc. Plans 0.24 Quarterly Dividend | 11/14/2024 |
6 | Disposition of 6209 shares by Frank Fekete of Provident Financial at 21.45 subject to Rule 16b-3 | 11/18/2024 |
7 | Provident Expands Commercial Lending Team as Part of Regional Growth Strategy for Eastern ... | 11/19/2024 |
8 | Disposition of 18153 shares by Christopher Martin of Provident Financial at 20.619 subject to Rule 16b-3 | 11/20/2024 |
9 | Provident Bank Strengthens Human Resources Team with Senior Vice President to Drive the Banks ... | 11/21/2024 |
10 | Provident financial director Edward Leppert sells shares worth 1.44 million | 11/22/2024 |
| Begin Period Cash Flow | 186.5 M |
Provident |
Provident Financial Relative Risk vs. Return Landscape
If you would invest 1,848 in Provident Financial Services on August 27, 2024 and sell it today you would earn a total of 292.00 from holding Provident Financial Services or generate 15.8% return on investment over 90 days. Provident Financial Services is generating 0.2592% of daily returns assuming volatility of 2.5107% on return distribution over 90 days investment horizon. In other words, 22% of stocks are less volatile than Provident, and above 95% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Provident Financial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Provident Financial's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Provident Financial Services, and traders can use it to determine the average amount a Provident Financial's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1032
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | PFS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.51 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Provident Financial is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Provident Financial by adding it to a well-diversified portfolio.
Provident Financial Fundamentals Growth
Provident Stock prices reflect investors' perceptions of the future prospects and financial health of Provident Financial, and Provident Financial fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Provident Stock performance.
| Return On Equity | 0.0445 | ||||
| Return On Asset | 0.005 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.48 % | ||||
| Current Valuation | 5.24 B | ||||
| Shares Outstanding | 130.49 M | ||||
| Price To Earning | 12.34 X | ||||
| Price To Book | 1.07 X | ||||
| Price To Sales | 5.31 X | ||||
| Revenue | 615.82 M | ||||
| Gross Profit | 496.95 M | ||||
| EBITDA | 2.95 M | ||||
| Net Income | 128.4 M | ||||
| Cash And Equivalents | 381.36 M | ||||
| Cash Per Share | 5.13 X | ||||
| Total Debt | 1.46 B | ||||
| Debt To Equity | 0.30 % | ||||
| Book Value Per Share | 20.09 X | ||||
| Cash Flow From Operations | 173.4 M | ||||
| Earnings Per Share | 1.01 X | ||||
| Market Capitalization | 2.79 B | ||||
| Total Asset | 14.21 B | ||||
| Retained Earnings | 974.54 M | ||||
About Provident Financial Performance
Assessing Provident Financial's fundamental ratios provides investors with valuable insights into Provident Financial's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Provident Financial is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | -2.6 K | -2.7 K | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.02 | 0.03 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.08 | 0.05 |
Things to note about Provident Financial performance evaluation
Checking the ongoing alerts about Provident Financial for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Provident Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 |
- Analyzing Provident Financial's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Provident Financial's stock is overvalued or undervalued compared to its peers.
- Examining Provident Financial's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Provident Financial's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Provident Financial's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Provident Financial's stock. These opinions can provide insight into Provident Financial's potential for growth and whether the stock is currently undervalued or overvalued.
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.