Shares of The Providence Service Corp. (NASDAQ:PRSC) fell 0.5% during mid-day trading on Friday . The stock traded as low as $47.22 and last traded at $47.25, with a volume of 65,390 shares traded. The stock had previously closed at $47.49.

Several research firms have recently issued reports on PRSC. Zacks Investment Research lowered The Providence Service Corp. from a “strong-buy” rating to a “hold” rating in a report on Friday, May 13th. Barrington Research raised their price objective on The Providence Service Corp. from $63.00 to $64.00 and gave the company an “outperform” rating in a research note on Monday, March 14th.

The firm’s 50 day moving average is $47.29 and its 200-day moving average is $47.70. The firm has a market cap of $702.14 million and a price-to-earnings ratio of 11.53.

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

Several hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System raised its stake in shares of 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 last quarter. Russell Frank Co raised its stake in shares of 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. California Public Employees Retirement System raised its stake in shares of 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. Brown Advisory Inc. purchased a new stake in shares of The Providence Service Corp. during the fourth quarter valued at about $6,731,000. Finally, American Century Companies Inc. raised its stake in shares of The Providence Service Corp. by 76.9% in the fourth quarter. American Century Companies Inc. now owns 186,910 shares of the company’s stock valued at $8,770,000 after buying an additional 81,234 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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