Equities analysts forecast that Provident Money Products and services, Inc. (NYSE:PFS) will announce earnings of $.47 per share for the current quarter, Zacks Investment Study experiences. Three analysts have provided estimates for Provident Economical Services’ earnings, with the most affordable EPS estimate coming in at $.45 and the greatest estimate coming in at $.51. Provident Economical Products and services posted earnings of $.53 per share in the course of the very same quarter last yr, which implies a adverse yr over yr expansion fee of 11.3%. The business enterprise is predicted to announce its upcoming quarterly earnings report on Friday, February 4th.
In accordance to Zacks, analysts expect that Provident Economic Providers will report full calendar year earnings of $2.16 per share for the latest fiscal 12 months, with EPS estimates ranging from $2.11 to $2.21. For the next calendar year, analysts anticipate that the enterprise will publish earnings of $1.84 for every share, with EPS estimates ranging from $1.75 to $1.94. Zacks’ earnings for every share calculations are an common based on a study of research companies that address Provident Money Providers.
Provident Monetary Providers (NYSE:PFS) previous issued its quarterly earnings knowledge on Thursday, October 28th. The discounts and loans company noted $.49 earnings for every share (EPS) for the quarter, beating analysts’ consensus estimates of $.47 by $.02. The company had income of $99.59 million all through the quarter, when compared to analyst estimates of $113.23 million. Provident Economic Companies had a web margin of 35.12% and a return on equity of 10.34%. The firm’s quarterly profits was up 6.6% on a calendar year-more than-calendar year foundation. In the course of the exact quarter final yr, the organization attained $.37 EPS.
Separately, Zacks Financial investment Investigation lifted Provident Money Companies from a “hold” rating to a “acquire” ranking and set a $26.00 concentrate on cost for the company in a investigate observe on Friday, December 17th.
NYSE PFS traded up $.20 during trading hrs on Friday, reaching $24.29. The company’s stock had a investing quantity of 124,383 shares, in comparison to its normal volume of 294,355. The stock has a industry cap of $1.88 billion, a P/E ratio of 10.89 and a beta of .98. The business has a fifty working day straightforward moving average of $24.51 and a 200-day basic shifting normal of $23.34. The firm has a credit card debt-to-equity ratio of .41, a current ratio of .92 and a swift ratio of .92. Provident Money Services has a 52 7 days minimal of $17.50 and a 52 7 days significant of $25.98.
The organization also not long ago disclosed a quarterly dividend, which was compensated on Friday, November 26th. Stockholders of record on Friday, November 12th were paid out a dividend of $.24 for each share. This signifies a $.96 dividend on an annualized basis and a dividend generate of 3.95%. The ex-dividend day of this dividend was Wednesday, November 10th. This is a optimistic adjust from Provident Financial Services’s preceding quarterly dividend of $.23. Provident Financial Services’s dividend payout ratio is 43.05%.
A number of substantial traders have recently additional to or decreased their stakes in the company. Newbridge Financial Solutions Team Inc. elevated its holdings in shares of Provident Financial Products and services by 27.9% for the duration of the second quarter. Newbridge Fiscal Companies Team Inc. now owns 2,827 shares of the savings and loans firm’s inventory valued at $65,000 following obtaining an added 616 shares in the very last quarter. SG Americas Securities LLC purchased a new position in shares of Provident Economical Solutions throughout the 3rd quarter valued at around $146,000. CIBC Asset Management Inc bought a new position in shares of Provident Money Solutions in the course of the third quarter valued at somewhere around $207,000. Instructor Retirement Technique of Texas purchased a new posture in shares of Provident Fiscal Solutions for the duration of the 2nd quarter valued at close to $204,000. Ultimately, Raymond James Financial Services Advisors Inc. purchased a new situation in shares of Provident Money Companies during the third quarter valued at somewhere around $230,000. 61.39% of the inventory is owned by hedge funds and other institutional traders.
About Provident Money Services
Provident Financial Products and services, Inc is a holding company, which engages in the provision of banking providers to specific and corporate customers in Northern and Central New Jersey and Japanese Pennsylvania. The organization was started on January 15, 2003 and is headquartered in Jersey City, NJ.
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