First Commonwealth Financial Corp. (NYSE:FCF) – Stock analysts at Boenning Scattergood issued their FY2018 earnings per share (EPS) estimates for shares of First Commonwealth Financial Corp. in a research note issued to investors on Tuesday. Boenning Scattergood analyst M. Schultheis anticipates that the brokerage will earn $0.87 per share for the year.

Several other research firms have also recently issued reports on FCF. Keefe, Bruyette & Woods lowered their target price on shares of First Commonwealth Financial Corp. from $10.00 to $9.50 and set a “market perform” rating on the stock in a research note on Wednesday, September 21st. Zacks Investment Research upgraded shares of First Commonwealth Financial Corp. from a “hold” rating to a “buy” rating and set a $11.00 price objective on the stock in a research note on Wednesday. Finally, FBR & Co increased their price objective on shares of First Commonwealth Financial Corp. from $9.50 to $10.00 and gave the stock a “market perform” rating in a research note on Friday, July 29th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $9.67.

Shares of First Commonwealth Financial Corp. (NYSE:FCF) opened at 9.95 on Wednesday. The company has a market capitalization of $883.87 million, a price-to-earnings ratio of 18.81 and a beta of 1.10. The firm’s 50-day moving average is $10.06 and its 200 day moving average is $9.40. First Commonwealth Financial Corp. has a 12 month low of $7.85 and a 12 month high of $10.36.

First Commonwealth Financial Corp. (NYSE:FCF) last announced its earnings results on Wednesday, July 27th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.02. First Commonwealth Financial Corp. had a net margin of 17.38% and a return on equity of 6.85%. During the same quarter in the prior year, the business earned $0.15 EPS.

A number of large investors have recently added to or reduced their stakes in FCF. PineBridge Investments L.P. raised its stake in First Commonwealth Financial Corp. by 4.1% in the second quarter. PineBridge Investments L.P. now owns 11,085 shares of the company’s stock valued at $102,000 after buying an additional 440 shares in the last quarter. Amalgamated Bank purchased a new stake in First Commonwealth Financial Corp. during the second quarter valued at about $104,000. Citadel Advisors LLC raised its stake in First Commonwealth Financial Corp. by 1.4% in the second quarter. Citadel Advisors LLC now owns 12,173 shares of the company’s stock valued at $112,000 after buying an additional 171 shares in the last quarter. Teacher Retirement System of Texas raised its stake in First Commonwealth Financial Corp. by 13.8% in the second quarter. Teacher Retirement System of Texas now owns 12,439 shares of the company’s stock valued at $114,000 after buying an additional 1,506 shares in the last quarter. Finally, Huntington Asset Advisors Inc. purchased a new stake in First Commonwealth Financial Corp. during the first quarter valued at about $160,000. 60.32% of the stock is owned by institutional investors.

First Commonwealth Financial Corp. Company Profile

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.

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