Provident Bancorp Stock Short Ratio
| PVBC Stock | USD 8.77 0.11 1.24% |
Provident Bancorp fundamentals help investors to digest information that contributes to Provident Bancorp'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 Bancorp'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 Bancorp stock.
Provident | Short Ratio |
Provident Bancorp Company Short Ratio Analysis
Provident Bancorp's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Provident Bancorp Short Ratio | 3.97 X |
Most of Provident Bancorp's fundamental indicators, such as Short Ratio, 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 Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Provident Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Provident Bancorp is extremely important. It helps to project a fair market value of Provident Stock properly, considering its historical fundamentals such as Short Ratio. Since Provident Bancorp'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 Bancorp'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 Bancorp's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Provident Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Provident Bancorp has a Short Ratio of 3.97 times. This is 38.26% lower than that of the Thrifts & Mortgage Finance sector and significantly higher than that of the Financials industry. This indicator is about the same for all United States stocks average (which is currently at 4.0).
Provident Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Provident Bancorp's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Provident Bancorp could also be used in its relative valuation, which is a method of valuing Provident Bancorp by comparing valuation metrics of similar companies.Provident Bancorp is currently under evaluation in short ratio category among related companies.
Provident Bancorp Current Valuation Drivers
We derive many important indicators used in calculating different scores of Provident Bancorp from analyzing Provident Bancorp's financial statements. These drivers represent accounts that assess Provident Bancorp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Provident Bancorp's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 200.4M | 223.6M | 312.0M | 120.0M | 167.0M | 112.3M | |
| Enterprise Value | 239.8M | 192.8M | 176.7M | 170.5M | 55.6M | 106.1M |
Provident Bancorp Institutional Holders
Institutional Holdings refers to the ownership stake in Provident Bancorp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Provident Bancorp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Provident Bancorp's value.| Shares | Blackrock Inc | 2023-12-31 | 116.5 K | Susquehanna International Group, Llp | 2023-12-31 | 99.9 K | Bridgeway Capital Management, Llc | 2023-12-31 | 87.4 K | Renaissance Technologies Corp | 2023-12-31 | 86.5 K | Watch Point Trust Co | 2023-12-31 | 70.2 K | State Street Corporation | 2023-12-31 | 63.5 K | Qube Research & Technologies | 2023-12-31 | 49.7 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 43.4 K | Citigroup Inc | 2023-12-31 | 43 K | Stilwell Value Llc | 2023-12-31 | 1.8 M | T. Rowe Price Investment Management,inc. | 2023-12-31 | 1.7 M |
Provident Fundamentals
| Return On Equity | 0.0631 | ||||
| Return On Asset | 0.0082 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.39 % | ||||
| Current Valuation | 59.77 M | ||||
| Shares Outstanding | 17.66 M | ||||
| Shares Owned By Insiders | 13.25 % | ||||
| Shares Owned By Institutions | 47.55 % | ||||
| Number Of Shares Shorted | 187.52 K | ||||
| Price To Earning | 8.49 X | ||||
| Price To Book | 0.63 X | ||||
| Price To Sales | 2.13 X | ||||
| Revenue | 97.36 M | ||||
| Gross Profit | 24.75 M | ||||
| EBITDA | 2 M | ||||
| Net Income | 10.95 M | ||||
| Cash And Equivalents | 154.8 M | ||||
| Cash Per Share | 8.89 X | ||||
| Total Debt | 108.87 M | ||||
| Debt To Equity | 6.33 % | ||||
| Book Value Per Share | 12.87 X | ||||
| Cash Flow From Operations | 5.55 M | ||||
| Short Ratio | 3.97 X | ||||
| Earnings Per Share | 0.66 X | ||||
| Target Price | 11.0 | ||||
| Number Of Employees | 188 | ||||
| Beta | 0.5 | ||||
| Market Capitalization | 156.81 M | ||||
| Total Asset | 1.67 B | ||||
| Retained Earnings | 106.28 M | ||||
| Net Asset | 1.67 B |
About Provident Bancorp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Provident Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Provident Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Provident Bancorp 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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Check out Provident Bancorp Piotroski F Score and Provident Bancorp Altman Z Score analysis. For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.Note that the Provident Bancorp information on this page should be used as a complementary analysis to other Provident Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Provident Stock analysis
When running Provident Bancorp's price analysis, check to measure Provident Bancorp'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 Bancorp is operating at the current time. Most of Provident Bancorp's value examination focuses on studying past and present price action to predict the probability of Provident Bancorp'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 Bancorp's price. Additionally, you may evaluate how the addition of Provident Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Provident Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Provident Bancorp. If investors know Provident will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Provident Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.349 | Earnings Share 0.66 | Revenue Per Share 4.172 | Quarterly Revenue Growth 0.233 | Return On Assets 0.0082 |
The market value of Provident Bancorp is measured differently than its book value, which is the value of Provident that is recorded on the company's balance sheet. Investors also form their own opinion of Provident Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Provident Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Provident Bancorp's market value can be influenced by many factors that don't directly affect Provident Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Provident Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Provident Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Provident Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.