Provident Financial Services Stock Cash Per Share
PFS Stock | USD 20.34 0.22 1.07% |
Provident Financial Services fundamentals help investors to digest information that contributes to Provident Financial's financial success or failures. It also enables traders to predict the movement of Provident Stock. The fundamental analysis module provides a way to measure Provident Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Provident Financial stock.
Last Reported | Projected for Next Year | ||
Cash Per Share | 2.41 | 2.29 |
Provident | Cash Per Share |
Provident Financial Services Company Cash Per Share Analysis
Provident Financial's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Provident Financial Cash Per Share | 5.13 X |
Most of Provident Financial's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Provident Financial Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Provident Cash Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Provident Financial is extremely important. It helps to project a fair market value of Provident Stock properly, considering its historical fundamentals such as Cash Per Share. Since Provident Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Provident Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Provident Financial's interrelated accounts and indicators.
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Provident Cash Per Share Historical Pattern
Today, most investors in Provident Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Provident Financial's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Provident Financial cash per share as a starting point in their analysis.
Provident Financial Cash Per Share |
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Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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Provident Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, Provident Financial Services has a Cash Per Share of 5.13 times. This is 85.72% lower than that of the Banks sector and significantly higher than that of the Financials industry. The cash per share for all United States stocks is 2.4% lower than that of the firm.
Provident Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Provident Financial's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. 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 of similar companies.Provident Financial is currently under evaluation in cash per share category among its peers.
Provident Financial Current Valuation Drivers
We derive many important indicators used in calculating different scores of Provident Financial from analyzing Provident Financial's financial statements. These drivers represent accounts that assess Provident Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Provident Financial's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 1.6B | 1.2B | 1.9B | 1.6B | 1.3B | 975.3M | |
Enterprise Value | 2.5B | 1.9B | 1.8B | 2.8B | 2.6B | 1.8B |
Provident Financial ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Provident Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Provident Financial's managers, analysts, and investors.Environmental | Governance | Social |
Provident Fundamentals
Return On Equity | 0.0445 | ||||
Return On Asset | 0.005 | ||||
Profit Margin | 0.18 % | ||||
Operating Margin | 0.48 % | ||||
Current Valuation | 5.13 B | ||||
Shares Outstanding | 130.49 M | ||||
Shares Owned By Insiders | 2.80 % | ||||
Shares Owned By Institutions | 69.20 % | ||||
Number Of Shares Shorted | 2.94 M | ||||
Price To Earning | 12.34 X | ||||
Price To Book | 1.02 X | ||||
Price To Sales | 5.10 X | ||||
Revenue | 451.38 M | ||||
Gross Profit | 496.95 M | ||||
EBITDA | 2.95 M | ||||
Net Income | 128.4 M | ||||
Cash And Equivalents | 381.36 M | ||||
Cash Per Share | 5.13 X | ||||
Total Debt | 1.46 B | ||||
Debt To Equity | 0.30 % | ||||
Book Value Per Share | 20.09 X | ||||
Cash Flow From Operations | 173.4 M | ||||
Short Ratio | 4.56 X | ||||
Earnings Per Share | 1.01 X | ||||
Price To Earnings To Growth | 1.84 X | ||||
Target Price | 23.5 | ||||
Number Of Employees | 1.11 K | ||||
Beta | 1.02 | ||||
Market Capitalization | 2.68 B | ||||
Total Asset | 14.21 B | ||||
Retained Earnings | 974.54 M | ||||
Annual Yield | 0.05 % | ||||
Five Year Return | 4.16 % | ||||
Net Asset | 14.21 B | ||||
Last Dividend Paid | 0.96 |
About Provident Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Provident Financial Services'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 Services 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.
Please read more on our fundamental analysis page.
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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.