Provident Financial Services Inc (NYSE:PFS) shares traded 0.42% higher at $19.32 on Wall Street last session.
PFS stock price is now -3.90% away from the 50-day moving average and 10.70% away from the 200-day moving average. The market capitalization of the company currently stands at $2.52B.
With the price target of $25, Hovde Group recently initiated with Outperform rating for Provident Financial Services Inc (NYSE: PFS). On August 15, 2024, Keefe Bruyette Upgraded its previous ‘Mkt Perform’ rating to ‘Outperform’ on the stock increasing its target price from $20 to quote $21, while ‘DA Davidson’ rates the stock as ‘Buy’
In other news, Christy James A., EVP, CRO of Provident Bank sold 3,500 shares of the company’s stock on Dec 11 ’24. The stock was sold for $73,080 at an average price of $20.88. Upon completion of the transaction, the EVP, CRO of Provident Bank now directly owns 34,254 shares in the company, valued at $0.66 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 11 ’24, Officer Christy James A. bought 3,500 shares of the business’s stock. A total of $72,625 was incurred on buying the stock at an average price of $20.75. A total of 6.00% of the company’s stock is owned by insiders.
During the past 12 months, Provident Financial Services Inc has had a low of $13.07 and a high of $22.24. The fifty day moving average price for PFS is $20.105 and a two-hundred day moving average price translates $17.45195 for the stock.
The latest earnings results from Provident Financial Services Inc (NYSE: PFS) was released for 2024-09-30. The net profit margin was 9.55% and return on equity was 4.44% for PFS. The company reported revenue of $322.52 million for the quarter, compared to $158.2 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 103.87 percent.
