First Commonwealth Financial (FCF) Earning Somewhat Favorable News Coverage, Accern Reports
Headlines about First Commonwealth Financial (NYSE:FCF) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. First Commonwealth Financial earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 46.1549313358266 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the headlines that may have effected Accern’s scoring:
- Zacks: Analysts Expect First Commonwealth Financial Corporation (FCF) Will Announce Quarterly Sales of $80.49 Million (americanbankingnews.com)
- Equities Analysts Offer Predictions for First Commonwealth Financial Corporation’s Q1 2018 Earnings (FCF) (americanbankingnews.com)
- First Commonwealth to acquire Foundation Bank (indianagazette.com)
- Analysts Expect First Commonwealth Financial Corporation (FCF) Will Post Earnings of $0.21 Per Share (americanbankingnews.com)
- First Commonwealth Financial (FCF) Rating Reiterated by Boenning Scattergood (americanbankingnews.com)
Shares of First Commonwealth Financial (NYSE FCF) opened at $15.09 on Monday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $1,470.00, a PE ratio of 20.39 and a beta of 0.98. First Commonwealth Financial has a 12-month low of $12.05 and a 12-month high of $15.67.
First Commonwealth Financial (NYSE:FCF) last announced its quarterly earnings data on Wednesday, October 25th. The bank reported $0.22 EPS for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.02. The firm had revenue of $80.46 million during the quarter, compared to analyst estimates of $79.29 million. First Commonwealth Financial had a return on equity of 9.53% and a net margin of 21.96%. The company’s revenue was up 20.8% on a year-over-year basis. During the same period last year, the company earned $0.19 earnings per share. analysts anticipate that First Commonwealth Financial will post 0.82 EPS for the current year.
FCF has been the subject of a number of research reports. Zacks Investment Research lowered First Commonwealth Financial from a “buy” rating to a “hold” rating in a research note on Monday, September 18th. FBR & Co restated a “neutral” rating and issued a $14.00 target price on shares of First Commonwealth Financial in a research note on Friday, October 27th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $14.00 target price on shares of First Commonwealth Financial in a research note on Wednesday, October 4th. Boenning Scattergood restated a “hold” rating on shares of First Commonwealth Financial in a research note on Thursday. Finally, ValuEngine lowered First Commonwealth Financial from a “buy” rating to a “hold” rating in a research note on Thursday, November 16th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $10.83.
About First Commonwealth Financial
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.
Receive News & Ratings for First Commonwealth Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Commonwealth Financial and related companies with MarketBeat.com's FREE daily email newsletter.