The Providence Service Stock Forecast, Price & News

The Providence Service's stock was trading at $55.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PRSC stock has increased by 145.4% and is now trading at $136.82.
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2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Providence Service in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for The Providence Service or view MarketBeat's top 5 stock picks.

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The Providence Service is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for The Providence Service.

The Providence Service Co. (NASDAQ:PRSC) released its quarterly earnings results on Wednesday, November, 11th. The company reported $2.69 earnings per share for the quarter, topping analysts' consensus estimates of $1.42 by $1.27. The company had revenue of $320.60 million for the quarter, compared to the consensus estimate of $341.98 million. The Providence Service had a return on equity of 17.59% and a net margin of 0.23%. The business's quarterly revenue was down 18.5% compared to the same quarter last year.
View The Providence Service's earnings history.

The Providence Service announced a quarterly dividend on Thursday, March 5th. Stockholders of record on Monday, March 16th will be given a dividend of $1.371 per share on Wednesday, April 1st. This represents a $5.48 annualized dividend and a yield of 4.01%. The ex-dividend date is Friday, March 13th.
View The Providence Service's dividend history.

The Providence Service updated its third quarter 2020 Pre-Market earnings guidance on Monday, October, 19th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $319-323 million, compared to the consensus revenue estimate of $341.98 million.

2 Wall Street analysts have issued 12-month price objectives for The Providence Service's stock. Their forecasts range from $152.00 to $152.00. On average, they anticipate The Providence Service's share price to reach $152.00 in the next year. This suggests a possible upside of 11.1% from the stock's current price.
View analysts' price targets for The Providence Service.

The Providence Service saw a increase in short interest in October. As of October 30th, there was short interest totaling 172,500 shares, an increase of 30.4% from the October 15th total of 132,300 shares. Based on an average daily volume of 93,100 shares, the days-to-cover ratio is currently 1.9 days.
View The Providence Service's Short Interest.

Some companies that are related to The Providence Service include Laboratory Co. of America (LH), Quest Diagnostics (DGX), DaVita (DVA), Amedisys (AMED), Chemed (CHE), LHC Group (LHCG), AMN Healthcare Services (AMN), R1 RCM (RCM), MEDNAX (MD), CorVel (CRVL), Tivity Health (TVTY), Cross Country Healthcare (CCRN) and Interpace Biosciences (IDXG).
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Based on aggregate information from My MarketBeat watchlists, some companies that other The Providence Service investors own include WW International (WW), AbbVie (ABBV), Ionis Pharmaceuticals (IONS), Dollar General (DG), The Home Depot (HD), Mastercard (MA), Skyworks Solutions (SWKS), Visa (V), Bristol-Myers Squibb (BMY) and The Walt Disney (DIS).

The Providence Service trades on the NASDAQ under the ticker symbol "PRSC."

The Providence Service's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.36%), Cardinal Capital Management LLC CT (3.16%), State Street Corp (2.87%), Neumeier Poma Investment Counsel LLC (2.73%), Wedge Capital Management L L P NC (1.98%) and Neuberger Berman Group LLC (0.90%). Company insiders that own The Providence Service stock include Coliseum Capital Management, L, Kevin M Dotts and R Carter Pate.
View institutional ownership trends for The Providence Service.

PRSC stock was sold by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company, Neuberger Berman Group LLC, Fort Washington Investment Advisors Inc. OH, Sei Investments Co., Great West Life Assurance Co. Can, Charles Schwab Investment Management Inc., State Street Corp, and First Quadrant L P CA.
View insider buying and selling activity for The Providence Service.

PRSC stock was acquired by a variety of institutional investors in the last quarter, including Polar Capital LLP, Polar Capital LLP, JPMorgan Chase & Co., Tygh Capital Management Inc., Neumeier Poma Investment Counsel LLC, Assenagon Asset Management S.A., WINTON GROUP Ltd, and Acadian Asset Management LLC. Company insiders that have bought The Providence Service stock in the last two years include Kevin M Dotts, and R Carter Pate.
View insider buying and selling activity for The Providence Service.

Shares of PRSC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PRSC stock can currently be purchased for approximately $136.82.

The Providence Service has a market capitalization of $1.94 billion and generates $1.51 billion in revenue each year. The company earns $970,000.00 in net income (profit) each year or $1.65 on an earnings per share basis. The Providence Service employs 3,800 workers across the globe.

The official website for The Providence Service is www.prscholdings.com.

The Providence Service's mailing address is 1275 Peachtree Street Sixth Floor, Atlanta GA, 30309. The company can be reached via phone at 404-888-5800 or via email at [email protected]