Provident Financial Holdings may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Provident Financial's Property Plant And Equipment Gross is fairly stable compared to the past year. Total Current Liabilities is likely to climb to about 547.1 M in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 7.1 M in 2024. Key indicators impacting Provident Financial's financial strength include:
The essential information of the day-to-day investment outlook for Provident Financial includes many different criteria found on its balance sheet. An individual investor should monitor Provident Financial's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Provident Financial.
Please note, the imprecision that can be found in Provident Financial's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Provident Financial Holdings. Check Provident Financial's Beneish M Score to see the likelihood of Provident Financial's management manipulating its earnings.
Provident Financial Stock Summary
Provident Financial competes with Home Federal, Magyar Bancorp, Community West, First Northwest, and First Business. Provident Financial Holdings, Inc. operates as the holding company for Provident Savings Bank, F.S.B. that provides community banking services to consumers and small to mid-sized businesses in the Inland Empire region of Southern California. Provident Financial Holdings, Inc. was founded in 1956 and is headquartered in Riverside, California. Provident Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 110 people.
The reason investors look at the income statement is to determine what Provident Financial's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining Provident Financial's current stock value. Our valuation model uses many indicators to compare Provident Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Provident Financial competition to find correlations between indicators driving Provident Financial's intrinsic value. More Info.
Provident Financial Holdings is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.10 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Provident Financial Holdings is roughly 9.98 . At this time, Provident Financial's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Provident Financial by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Provident Financial Systematic Risk
Provident Financial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Provident Financial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Provident Financial correlated with the market. If Beta is less than 0 Provident Financial generally moves in the opposite direction as compared to the market. If Provident Financial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Provident Financial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Provident Financial is generally in the same direction as the market. If Beta > 1 Provident Financial moves generally in the same direction as, but more than the movement of the benchmark.
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 decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Provident Financial growth as a starting point in their analysis.
Provident Financial December 20, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Provident Financial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Provident Financial Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Provident Financial Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Provident Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Provident Financial's daily price indicators and compare them against related drivers.
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.