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 highest price target was 30, implying a possible profit of 16.55 percent. The lowest price target was 25.5, which equates to a potential downside of -0.93 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of PFS to grow at a rate of 0.67 percent. 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, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Currently the stock is 28.76 percent higher than its 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 market cap of PFS is $1.74 billion. PFS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.