Extremely important positive changes in fundamentals have recently occurred for First Commonwealth Financial Cor (NYSE: FCF): the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
FCF’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
First Commonwealth Financial Cor has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. First Commonwealth Financial Cor has a neutral Power Rating of 59 but a good Appreciation Score of 74, triggering the High Neutral Value Trend Rating.
Recent Price Action
First Commonwealth Financial Cor (NYSE: FCF) stock declined by -3.2% on 8/5/24. The shares closed at $16.20. Moreover, trading volume in this decline was above average at 141% of normal. The stock has performed in line with the market over the last nine months and has declined -12.8% during the last week.
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