First Commonwealth Financial (FCF) Given Daily Media Sentiment Rating of 0.14
News headlines about First Commonwealth Financial (NYSE:FCF) have been trending somewhat positive recently, AlphaOne reports. The research firm, a service of Accern, rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. First Commonwealth Financial earned a coverage optimism score of 0.14 on AlphaOne’s scale. AlphaOne also gave news stories about the bank an impact score of 23 out of 100, indicating that recent press coverage is very unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted AlphaOne’s rankings:
- First Commonwealth Financial (FCF) Expected to Post Earnings of $0.17 Per Share (americanbankingnews.com)
- First Commonwealth Financial (FCF) Director Acquires $100,800.00 in Stock (americanbankingnews.com)
- First Commonwealth Financial (FCF) Earns News Impact Rating of 0.13 (americanbankingnews.com)
- First Commonwealth Financial (FCF) Given Consensus Rating of “Buy” by Brokerages (americanbankingnews.com)
- First Commonwealth Financial (FCF) Getting Somewhat Favorable Press Coverage, AlphaOne Reports (americanbankingnews.com)
Shares of First Commonwealth Financial (NYSE:FCF) traded down 0.54% during mid-day trading on Friday, reaching $13.00. 502,459 shares of the company’s stock traded hands. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 19.40 and a beta of 0.96. The company has a 50 day moving average of $13.23 and a 200 day moving average of $12.74. First Commonwealth Financial has a 12 month low of $8.46 and a 12 month high of $14.61.
First Commonwealth Financial (NYSE:FCF) last announced its quarterly earnings data on Wednesday, January 25th. The bank reported $0.20 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.03. The company had revenue of $69.85 million for the quarter, compared to analysts’ expectations of $67.38 million. First Commonwealth Financial had a return on equity of 8.27% and a net margin of 21.11%. During the same period last year, the firm posted $0.11 EPS. Analysts expect that First Commonwealth Financial will post $0.76 earnings per share for the current fiscal year.
FCF has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of First Commonwealth Financial from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a report on Wednesday, December 28th. Canaccord Genuity restated a “buy” rating and set a C$4.50 target price on shares of First Commonwealth Financial in a report on Tuesday, January 17th. FBR & Co raised their target price on shares of First Commonwealth Financial from $14.00 to $15.00 and gave the stock a “mkt perform” rating in a report on Thursday, January 26th. Finally, Raymond James Financial, Inc. restated an “outperform” rating and set a C$4.50 target price on shares of First Commonwealth Financial in a report on Wednesday, March 1st. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $8.71.
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In other news, Director Stephen Reid acquired 10,000 shares of the firm’s stock in a transaction that occurred on Monday, February 13th. The shares were bought at an average cost of $3.54 per share, with a total value of $35,400.00. Over the last three months, insiders have purchased 87,409 shares of company stock worth $300,965. 1.58% of the stock is currently owned by insiders.
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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