Analyst Ratings for Provident Financial Services Inc. (PFS)

Updated: 2017-07-26

Provident Financial Services Inc. (NYSE:PFS) was awarded an average rating of Overweight from investment analysts following the stock. PFS had previously received a consensus rating of Overweight a month ago.

3 analysts declared PFS a buy, 0 gave an overweight rating, 3 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Investment analysts gave a few price targets for PFS. The most optimistic price target was 30, which equates to a potential upside of 16.55 percent. The most pessimistic analyst gave a price target of 25.5, implying potential capital losses of -0.93 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.34 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

PFS has an estimated earnings growth rate of 0.67 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PFS is 27.06.

PFS has traded between a high of 28.92 and a low of 19.99 over the past year. Currently the stock is 28.76 percent higher than its low, and 11 percent below the high. PFS has a price/earnings ratio of 18.13. Investors typically compare the P/E ratio to a company's peers in the industry. The PFS value stock report compares PFS to some of its peers using value stock charts. The stock has a market capitalization of $1.74 billion. PFS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.