Wall Street analysts predict that First Community Co. (NASDAQ:FCCO) will post sales of $11.76 million for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for First Community’s earnings, with the lowest sales estimate coming in at $11.70 million and the highest estimate coming in at $11.82 million. First Community posted sales of $11.17 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 5.3%. The firm is scheduled to issue its next earnings results on Wednesday, April 17th.

On average, analysts expect that First Community will report full year sales of $49.36 million for the current year, with estimates ranging from $49.30 million to $49.43 million. For the next year, analysts forecast that the company will report sales of $51.97 million, with estimates ranging from $51.40 million to $52.54 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for First Community.

First Community (NASDAQ:FCCO) last released its quarterly earnings data on Wednesday, January 16th. The bank reported $0.35 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.02). First Community had a net margin of 22.29% and a return on equity of 10.37%. The firm had revenue of $11.65 million during the quarter, compared to analyst estimates of $11.81 million.

Several research analysts have recently issued reports on the company. Zacks Investment Research downgraded First Community from a “hold” rating to a “sell” rating in a research note on Monday, March 11th. ValuEngine raised First Community from a “sell” rating to a “hold” rating in a research note on Tuesday, March 5th.

Institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in shares of First Community by 35.4% in the fourth quarter. Bank of America Corp DE now owns 8,339 shares of the bank’s stock valued at $162,000 after buying an additional 2,181 shares during the period. First Trust Advisors LP acquired a new position in shares of First Community in the third quarter valued at approximately $260,000. Abacus Planning Group Inc. increased its stake in shares of First Community by 14.6% in the fourth quarter. Abacus Planning Group Inc. now owns 12,674 shares of the bank’s stock valued at $416,000 after buying an additional 1,610 shares during the period. Northern Trust Corp acquired a new position in shares of First Community in the second quarter valued at approximately $471,000. Finally, Blair William & Co. IL boosted its holdings in First Community by 13.0% in the third quarter. Blair William & Co. IL now owns 21,724 shares of the bank’s stock valued at $526,000 after acquiring an additional 2,500 shares during the last quarter. 53.48% of the stock is owned by institutional investors.

First Community stock opened at $19.49 on Thursday. First Community has a 1 year low of $17.93 and a 1 year high of $26.25. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.78 and a quick ratio of 0.78. The company has a market capitalization of $153.20 million, a PE ratio of 13.44 and a beta of 0.89.

About First Community

First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals. The company operates through four segments: Commercial and Retail Banking, Mortgage Banking, Investment Advisory and Non-Deposit, and Corporate.

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