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Sunday, April 2, 2023

Analysts Point To First Commonwealth Financial Corporation (NYSE: FCF) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for First Commonwealth Financial Corporation (FCF) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $13.53. The First Commonwealth Financial Corporation has recorded 27,450 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that First Commonwealth Completes Acquisition of Centric Financial Corporation.

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Stocks Info

As a NYSE listed company, FCF falls under the Financial sector while operating within the Banks – Regional industry segment. At the end of the last regular session, the stock closed at $13.53 and fluctuated between $13.99 as its day high and $13.20 as its day low. The current market capitalization of First Commonwealth Financial Corporation is $1.44B. A total of 1.69 million shares were traded on the day, compared to an average of 604.50K shares.

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, FCF has seen 2 BUY and 0 SELL insider trades, representing the acquisition of 154,910 and the disposition of 0 shares. Over the last 12 months, there were 8 BUYs and 0 SELLs from insiders. Insiders purchased 172,648 shares during that period but sold 0.

In the most recent transaction, Price T Michael bought 13,212 shares of FCF for 13.87 per share on Jan 27. After the transaction, the President & CEO now owns 321,756 company shares.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. First Commonwealth Financial Corporation pays an annual dividend of $0.48, resulting in a dividend yield of 3.55%, and it has a price to earnings (P/E) ratio of 9.90. FCF’s most recent ex-dividend date was 2/2/2023 when it declared a $0.12 quarterly dividend that was paid in cash on 2/17/2023. Previously, the company paid the dividend on 11/18/2022 with an ex-dividend date of 11/3/2022. The FCF stock dividend was $0.12 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for FCF in the last 3 months, the mean price target is $16.92 with high estimates of $19.00 and low estimates of $15.00. In terms of 52-week highs and lows, FCF has a high of $16.53 and a low of $12.76.

As of this writing, FCF has an earnings estimate of $0.41 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.47 per share and a lower estimate of $0.36. The company reported an EPS of $0.36 in the last quarter, which was -5.30% lower than expectations of $0.38.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 7 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FCF is Overweight with a score of 3.80. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 4 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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