Provident Financial Holdings Inc

Company Profile

Provident Financial Holdings Inc had its IPO on 1996-06-28 under the ticker symbol PROV.

The company operates in the Financial Services sector and Banks-Regional industry. Provident Financial Holdings Inc has a staff strength of 108 employees.

Stock update

Shares of Provident Financial Holdings Inc opened at $12.82 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $12.75 - $12.99, and closed at $12.75.

This is a -0.55% slip from the previous day's closing price.

A total volume of 4,665 shares were traded at the close of the day’s session.

In the last one week, shares of Provident Financial Holdings Inc have slipped by -2.75%.

Provident Financial Holdings Inc's Key Ratios

Provident Financial Holdings Inc has a market cap of $89.81 million, indicating a price to book ratio of 0.8185 and a price to sales ratio of 2.5426.

In the last 12-months Provident Financial Holdings Inc’s revenue was $40.69 million with a gross profit of $38.77 million and an EBITDA of $0. The EBITDA ratio measures Provident Financial Holdings Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Provident Financial Holdings Inc’s operating margin was 32.13% while its return on assets stood at 0.68% with a return of equity of 6.65%.

In Q2, Provident Financial Holdings Inc’s quarterly earnings growth was a negative -24.3% while revenue growth was a positive 3.4%.

Provident Financial Holdings Inc’s PE and PEG Ratio

Forward PE

10.1215

Trailing PE

10.7692

PEG

-1.69

Its diluted EPS in the last 12-months stands at $1.19 per share while it has a forward price to earnings multiple of 10.1215 and a PEG multiple of -1.69. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Provident Financial Holdings Inc’s profitability.

Provident Financial Holdings Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.5426.

Provident Financial Holdings Inc stock pays annual dividends of $0.56 per share, indicating a yield of 4.37% and a payout ratio of 46.28%.

Balance sheet and cash flow metrics

Total Assets

$1.33 billion

Total Liabilities

$167.69 million

Operating Cash Flow

$5.53 million

Capital Expenditure

$11000

Dividend Payout Ratio

46.28%

Provident Financial Holdings Inc ended 2023 with $1.33 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.33 billion while shareholder equity stood at $129.69 million.

Provident Financial Holdings Inc ended 2023 with $0 in deferred long-term liabilities, $167.69 million in other current liabilities, 183000.00 in common stock, $207.27 million in retained earnings and $0 in goodwill. Its cash balance stood at $65.85 million and cash and short-term investments were $68.00 million. The company’s total short-term debt was $150,009,000 while long-term debt stood at $85.00 million.

Provident Financial Holdings Inc’s total current assets stands at $71.72 million while long-term investments were $156.49 million and short-term investments were $2.16 million. Its net receivables were $3.71 million compared to accounts payable of $17.68 million and inventory worth $0.

In 2023, Provident Financial Holdings Inc's operating cash flow was $5.53 million while its capital expenditure stood at $11000.

Comparatively, Provident Financial Holdings Inc paid $0.46 in dividends in 2023.

Other key metrics

Current Trading Price

$12.75

52-Week High

$14.8279

52-Week Low

$11.4921

Analyst Target Price

$14.5

Provident Financial Holdings Inc stock is currently trading at $12.75 per share. It touched a 52-week high of $14.8279 and a 52-week low of $14.8279. Analysts tracking the stock have a 12-month average target price of $14.5.

Its 50-day moving average was $13.53 and 200-day moving average was $13.31 The short ratio stood at 6.97 indicating a short percent outstanding of 0%.

Around 1953.8% of the company’s stock are held by insiders while 5325.9% are held by institutions.