The Providence Service Corp. (NASDAQ:PRSC)’s share price rose 3.9% on Wednesday . The stock traded as high as $47.58 and last traded at $47.43, with a volume of 102,322 shares trading hands. The stock had previously closed at $45.64.

PRSC has been the subject of several recent research reports. Barrington Research lifted their price target on The Providence Service Corp. from $63.00 to $64.00 and gave the company an “outperform” rating in a research report on Monday, March 14th. Zacks Investment Research upgraded The Providence Service Corp. from a “hold” rating to a “buy” rating and set a $58.00 price target for the company in a research report on Thursday, March 17th.

The firm has a market capitalization of $704.81 million and a price-to-earnings ratio of 11.58. The company has a 50-day moving average of $47.34 and a 200-day moving average of $47.71.

The Providence Service Corp. (NASDAQ:PRSC) last released its quarterly earnings data on Thursday, May 5th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.08. During the same period last year, the company posted $0.77 earnings per share. The business earned $432.65 million during the quarter, compared to the consensus estimate of $435.22 million. The business’s revenue was up 3.1% compared to the same quarter last year. On average, equities analysts predict that The Providence Service Corp. will post $2.83 EPS for the current year.

A number of institutional investors have added to or reduced their stakes in the stock. California State Teachers Retirement System boosted its position in The Providence Service Corp. by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 25,376 shares of the company’s stock valued at $1,191,000 after buying an additional 400 shares during the period. Neuberger Berman Group LLC boosted its position in The Providence Service Corp. by 1.0% in the fourth quarter. Neuberger Berman Group LLC now owns 352,762 shares of the company’s stock valued at $16,551,000 after buying an additional 3,347 shares during the last quarter. California Public Employees Retirement System boosted its position in The Providence Service Corp. by 8.6% in the fourth quarter. California Public Employees Retirement System now owns 68,200 shares of the company’s stock valued at $3,200,000 after buying an additional 5,400 shares during the last quarter. Russell Frank Co boosted its position in The Providence Service Corp. by 129.1% in the fourth quarter. Russell Frank Co now owns 50,400 shares of the company’s stock valued at $2,388,000 after buying an additional 28,400 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in The Providence Service Corp. by 5.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 719,941 shares of the company’s stock valued at $33,780,000 after buying an additional 39,399 shares during the last quarter.

The Providence Service Corporation (Providence) provides and manages Government sponsored non-emergency transportation (NET) services, human services, workforce development (WD) services and health assessment (HA) services. Providence operates through four segments: NET Services, Human Services, WD Services and HA Services.

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