First Commonwealth Financial Corp. (NYSE: FCF) is 2.98% higher on its value in year-to-date trading and has touched a low of $11.16 and a high of $19.01 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FCF stock was last observed hovering at around $15.69 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $15.90, the stock is -5.60% and 5.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.74 million and changing 1.34% at the moment leaves the stock 13.29% off its SMA200. FCF registered 19.82% gain for a year compared to 6-month gain of 19.82%.
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The stock witnessed a -4.45% loss in the last 1 month and extending the period to 3 months gives it a 13.41%, and is -1.30% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.32% over the week and 3.37% over the month.
First Commonwealth Financial Corp. (FCF) has around 1437 employees, a market worth around $1.63B and $677.63M in sales. Current P/E ratio is 10.25 and Fwd P/E is 10.43. Profit margin for the company is 23.42%. Distance from 52-week low is 42.47% and -16.36% from its 52-week high. The company has generated returns on investments over the last 12 months (10.30%).
with sales reaching $119.59M over the same period.The EPS is expected to shrink by -5.94% this year, but quarterly earnings will post -0.90% year-over-year. Quarterly sales are estimated to shrink -3.40% in year-over-year returns.
272.0 institutions hold shares in First Commonwealth Financial Corp. (FCF), with institutional investors hold 76.14% of the company’s shares. The shares outstanding are 102.11M, and float is at 100.27M with Short Float at 1.27%. Institutions hold 74.71% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 15.03 million shares valued at $$209.21 million. The investor’s holdings represent 14.7375 of the FCF Shares outstanding. As of 2024-03-31, the second largest holder is VANGUARD GROUP INC with 11.75 million shares valued at $$163.55 million to account for 11.5209 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 6.75 million shares representing 6.6228 and valued at over $$94.02 million, while STATE STREET CORP holds 4.6783 of the shares totaling 4.77 million with a market value of $$66.41 million.
First Commonwealth Financial Corp. (FCF) Insider Activity
The most recent transaction is an insider sale by KARRIP BRIAN G, the company’s EVP/Chief Credit Officer. SEC filings show that KARRIP BRIAN G sold 8,926 shares of the company’s common stock on Feb 26 ’24 at a price of $13.09 per share for a total of $0.12 million. Following the sale, the insider now owns 52036.0 shares.
First Commonwealth Financial Corp. disclosed in a document filed with the SEC on Nov 03 ’23 that Riggle Carrie L (EVP/Human Resources) sold a total of 7,563 shares of the company’s common stock. The trade occurred on Nov 03 ’23 and was made at $13.21 per share for $99907.0. Following the transaction, the insider now directly holds 46309.0 shares of the FCF stock.
Still, SEC filings show that on Oct 27 ’23, CHARLEY RAY T (Director) disposed off 875 shares at an average price of $12.02 for $10518.0. The insider now directly holds 328,550 shares of First Commonwealth Financial Corp. (FCF).
