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The Providence Service (NASDAQ:PRSC) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Tuesday. They currently have a $46.10 price target on the stock. Zacks‘s target price points to a potential upside of 21.64% from the stock’s previous close.

Separately, analysts at Noble Financial raised their price target on shares of The Providence Service from $47.00 to $48.00 in a research note on Friday, May 9th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $42.03.

Shares of The Providence Service (NASDAQ:PRSC) traded up 3.21% on Tuesday, hitting $39.23. 83,366 shares of the company’s stock traded hands. The Providence Service has a 52 week low of $23.91 and a 52 week high of $43.35. The stock has a 50-day moving average of $38.06 and a 200-day moving average of $32.86. The company has a market cap of $547.7 million and a P/E ratio of 27.89.

The Providence Service (NASDAQ:PRSC) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.44 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.43 by $0.01. The company had revenue of $289.40 million for the quarter, compared to the consensus estimate of $282.65 million. During the same quarter in the prior year, the company posted $0.46 earnings per share. The company’s quarterly revenue was up 2.8% on a year-over-year basis. Analysts expect that The Providence Service will post $2.16 EPS for the current fiscal year.

The Providence Service Corporation provides and manages government sponsored social services and non-emergency transportation services.

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