Disposition of 590 shares by Ravi Vakacherla of Provident Financial at 17.76 subject to Rule 16b-3
| PFS Stock | USD 14.69 0.15 1.01% |
Slightly above 62% of Provident Financial's investor base is looking to short. The analysis of overall sentiment of trading Provident Financial Services stock suggests that many investors are alarmed at this time. Provident Financial's investing sentiment can be driven by a variety of factors including economic data, Provident Financial's earnings reports, geopolitical events, and overall market trends.
Provident |
Filed transaction by Provident Financial Services Officer: Cdio Of Provident Bank. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
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Provident Financial Fundamental Analysis
We analyze Provident Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Provident Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Provident Financial based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
Provident Financial is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Provident Financial Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Provident Financial stock to make a market-neutral strategy. Peer analysis of Provident Financial could also be used in its relative valuation, which is a method of valuing Provident Financial by comparing valuation metrics with similar companies.
Peers
Provident Financial Related Equities
| PGC | Peapack Gladstone | 1.26 | ||||
| LNKB | LINKBANCORP | 0.63 | ||||
| BWFG | Bankwell Financial | 0.32 | ||||
| NRIM | Northrim BanCorp | 0.28 | ||||
| FNWD | Finward Bancorp | 0.14 | ||||
| GSBC | Great Southern | 0.04 | ||||
| HFWA | Heritage Financial | 0.19 | ||||
| ECBK | ECB Bancorp | 0.27 | ||||
| FMBH | First Mid | 0.39 | ||||
| BY | Byline Bancorp | 0.68 | ||||
| CTBI | Community Trust | 0.72 | ||||
| FIBK | First Interstate | 0.77 | ||||
| CNOB | ConnectOne Bancorp | 1.04 | ||||
| AFBI | Affinity Bancshares | 1.13 | ||||
| BRBS | Blue Ridge | 1.61 | ||||
| NFBK | Northfield Bancorp | 1.74 | ||||
| CBAN | Colony Bankcorp | 2.16 | ||||
| HFBL | Home Federal | 3.13 |
Additional Tools for Provident Stock Analysis
When running Provident Financial's price analysis, check to measure Provident Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Provident Financial is operating at the current time. Most of Provident Financial's value examination focuses on studying past and present price action to predict the probability of Provident Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Provident Financial's price. Additionally, you may evaluate how the addition of Provident Financial to your portfolios can decrease your overall portfolio volatility.