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.

A number of analysts gave price targets for PFS. The most optimistic price target was 30, implying a possible profit of 16.55 percent. The most pessimistic analyst gave a price target of 25.5, which equates to a potential downside of -0.93 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.34 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. 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. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of PFS is 27.06.

In the trailing 52-weeks, PFS hit 28.92 at the highest peak, while it's lowest trading point was 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.