The price-to-earnings ratio for First Commonwealth Financial Corp. (NYSE: FCF) is above average at 8.45x. The 36-month beta value for FCF is also noteworthy at 0.85. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for FCF is 100.23M, and at present, short sellers hold a 1.18% of that float. The average trading volume of FCF on April 26, 2024 was 536.21K shares.
FCF) stock’s latest price update
First Commonwealth Financial Corp. (NYSE: FCF)’s stock price has dropped by -1.31 in relation to previous closing price of 13.74. Nevertheless, the company has seen a gain of 6.02% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-23 that Although the revenue and EPS for First Commonwealth Financial (FCF) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
FCF’s Market Performance
First Commonwealth Financial Corp. (FCF) has seen a 6.02% rise in stock performance for the week, with a 1.73% gain in the past month and a -7.57% plunge in the past quarter. The volatility ratio for the week is 3.29%, and the volatility levels for the past 30 days are at 2.37% for FCF. The simple moving average for the last 20 days is 2.62% for FCF’s stock, with a simple moving average of 0.94% for the last 200 days.
Analysts’ Opinion of FCF
Many brokerage firms have already submitted their reports for FCF stocks, with Stephens repeating the rating for FCF by listing it as a “Overweight.” The predicted price for FCF in the upcoming period, according to Stephens is $14 based on the research report published on May 19, 2023 of the previous year 2023.
Janney gave a rating of “Buy” to FCF, setting the target price at $16 in the report published on September 29th of the previous year.
FCF Trading at 2.25% from the 50-Day Moving Average
After a stumble in the market that brought FCF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.69% of loss for the given period.
Volatility was left at 2.37%, however, over the last 30 days, the volatility rate increased by 3.29%, as shares sank -1.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.20% upper at present.
During the last 5 trading sessions, FCF rose by +6.02%, which changed the moving average for the period of 200-days by +6.69% in comparison to the 20-day moving average, which settled at $13.20. In addition, First Commonwealth Financial Corp. saw -12.18% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FCF starting from KARRIP BRIAN G, who sale 8,926 shares at the price of $13.09 back on Feb 26 ’24. After this action, KARRIP BRIAN G now owns 52,036 shares of First Commonwealth Financial Corp., valued at $116,841 using the latest closing price.
Riggle Carrie L, the EVP/Human Resources of First Commonwealth Financial Corp., sale 7,563 shares at $13.21 during a trade that took place back on Nov 03 ’23, which means that Riggle Carrie L is holding 46,309 shares at $99,907 based on the most recent closing price.
Stock Fundamentals for FCF
Current profitability levels for the company are sitting at:
- 0.41 for the present operating margin
- 1.0 for the gross margin
The net margin for First Commonwealth Financial Corp. stands at 0.31. The total capital return value is set at 0.02. Equity return is now at value 12.85, with 1.44 for asset returns.
Based on First Commonwealth Financial Corp. (FCF), the company’s capital structure generated 0.12 points at debt to capital in total, while cash flow to debt ratio is standing at 0.62. The debt to equity ratio resting at 0.14. The interest coverage ratio of the stock is 2.5.
Currently, EBITDA for the company is 4.98 million with net debt to EBITDA at 1.06. When we switch over and look at the enterprise to sales, we see a ratio of 2.85. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.09.
Conclusion
In summary, First Commonwealth Financial Corp. (FCF) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
