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.

Several price targets were given for PFS by the analysts covering the stock. The maximum price target given was 30, implying potential capital gains of 16.55 percent. The most pessimistic price target was 25.5, which equates to a potential downside of -0.93 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.34 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of PFS's earnings is estimated by analysts to be 0.67 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, 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, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of PFS is 27.06.

In the last 52-weeks, PFS has achieved a high of 28.92 and a low of 19.99. Today's price is 28.76 percent above the 52-week low, and 11 percent below the high. PFS has a P/E 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.