News articles about First Commonwealth Financial (NYSE:FCF) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. First Commonwealth Financial earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 45.8919801609386 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
FCF has been the subject of a number of research reports. Zacks Investment Research lowered shares of First Commonwealth Financial from a “buy” rating to a “hold” rating in a research report on Monday, September 18th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $14.00 target price on shares of First Commonwealth Financial in a research report on Wednesday, October 4th. FBR & Co restated a “neutral” rating and issued a $14.00 price objective on shares of First Commonwealth Financial in a research report on Friday, October 27th. ValuEngine lowered shares of First Commonwealth Financial from a “buy” rating to a “hold” rating in a research report on Thursday, November 16th. Finally, Boenning Scattergood restated a “hold” rating on shares of First Commonwealth Financial in a research report on Thursday. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. First Commonwealth Financial has a consensus rating of “Hold” and an average target price of $10.83.
First Commonwealth Financial (FCF) opened at $14.97 on Friday. The company has a market cap of $1,430.00, a P/E ratio of 20.23 and a beta of 0.98. First Commonwealth Financial has a one year low of $12.05 and a one year high of $15.67. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.86 and a current ratio of 0.86.
First Commonwealth Financial (NYSE:FCF) last posted its quarterly earnings results on Wednesday, October 25th. The bank reported $0.22 EPS for the quarter, topping the consensus estimate of $0.20 by $0.02. The firm had revenue of $80.46 million for the quarter, compared to the consensus estimate of $79.29 million. First Commonwealth Financial had a net margin of 21.96% and a return on equity of 9.53%. The business’s revenue was up 20.8% compared to the same quarter last year. During the same period last year, the firm posted $0.19 earnings per share. sell-side analysts predict that First Commonwealth Financial will post 0.82 EPS for the current fiscal year.
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First Commonwealth Financial Company Profile
First Commonwealth Financial Corporation is a financial holding company. The Company, through its subsidiary, First Commonwealth Bank (the Bank), provides a range of consumer and commercial banking services. The Company also provides trust and wealth management services, and offers insurance products through the Bank and its other operating subsidiaries.
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