Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for First Community Corp (NASDAQ: FCCO) improved recently. FCCO’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
On 11/17/23, First Community Corp (NASDAQ: FCCO) stock rose slightly by 0.2%, closing at $17.43. The stock has performed in line with the market over the last nine months and has risen 0.6% during the last week.
Current PriceTarget Research Rating
FCCO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
First Community has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. First Community has a neutral Appreciation Score of 54 and a slightly negative Power Rating of 35, producing the Low Neutral Value Trend Rating.
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