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 lowest price target was 25.5, implying potential capital losses of -0.93 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

PFS has an estimated earnings growth rate of 0.67 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. 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 lower than its 52-week 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.