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The Providence Service (NASDAQ:PRSC) Director Richard A. Kerley unloaded 5,750 shares of The Providence Service stock on the open market in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $45.53, for a total transaction of $261,797.50. Following the sale, the director now directly owns 37,845 shares in the company, valued at approximately $1,723,083. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

A number of analysts have recently weighed in on PRSC shares. Analysts at Zacks upgraded shares of The Providence Service from a “neutral” rating to an “outperform” rating in a research note on Monday, August 11th. They now have a $48.20 price target on the stock. Analysts at Noble Financial raised their price target on shares of The Providence Service from $48.00 to $62.00 in a research note on Friday, August 8th. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. The Providence Service presently has an average rating of “Buy” and an average price target of $47.40.

Shares of The Providence Service (NASDAQ:PRSC) traded down 0.07% during mid-day trading on Thursday, hitting $44.99. 252,873 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 $47.90. The stock has a 50-day moving average of $40.60 and a 200-day moving average of $36.20. The company has a market cap of $667.2 million and a price-to-earnings ratio of 32.96.

The Providence Service (NASDAQ:PRSC) last announced its earnings results on Wednesday, August 6th. The company reported $0.46 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.43 by $0.03. The company had revenue of $344.00 million for the quarter, compared to the consensus estimate of $315.16 million. During the same quarter in the prior year, the company posted $0.43 earnings per share. The company’s quarterly revenue was up 19.6% on a year-over-year basis. On average, analysts predict that The Providence Service will post $1.96 earnings per share 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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