First Commonwealth Financial (FCF) Scheduled to Post Quarterly Earnings on Tuesday

First Commonwealth Financial (NYSE:FCF) will be releasing its earnings data after the market closes on Tuesday, October 29th. Analysts expect First Commonwealth Financial to post earnings of $0.36 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

First Commonwealth Financial Stock Performance

Shares of FCF opened at $16.62 on Monday. The company has a market capitalization of $1.70 billion, a PE ratio of 10.32 and a beta of 0.83. First Commonwealth Financial has a 52-week low of $11.61 and a 52-week high of $19.01. The company has a 50-day simple moving average of $16.81 and a 200-day simple moving average of $15.23. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 0.10.

Insider Activity at First Commonwealth Financial

In other news, EVP Michael P. Mccuen bought 2,919 shares of First Commonwealth Financial stock in a transaction on Monday, September 23rd. The shares were bought at an average cost of $16.99 per share, for a total transaction of $49,593.81. Following the acquisition, the executive vice president now owns 57,623 shares in the company, valued at approximately $979,014.77. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 1.97% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Piper Sandler lifted their price target on shares of First Commonwealth Financial from $14.00 to $17.00 and gave the company a “neutral” rating in a research report on Thursday, July 25th. Royal Bank of Canada upped their target price on First Commonwealth Financial from $17.00 to $18.00 and gave the company an “outperform” rating in a report on Thursday, July 25th. StockNews.com downgraded First Commonwealth Financial from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd. Janney Montgomery Scott cut shares of First Commonwealth Financial from a “buy” rating to a “neutral” rating and increased their price objective for the company from $16.00 to $19.00 in a research note on Monday, July 29th. Finally, Keefe, Bruyette & Woods raised their target price on shares of First Commonwealth Financial from $16.00 to $18.00 and gave the company a “market perform” rating in a report on Thursday, July 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $17.50.

About First Commonwealth Financial

First Commonwealth Financial Corporation, a financial holding company, provides various consumer and commercial banking services in the United States. Its consumer services include personal checking accounts, interest-earning checking accounts, savings and health savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, mortgage loans, secured and unsecured installment loans, construction and real estate loans, safe deposit facilities, credit cards, credit lines with overdraft checking protection, IRA accounts, and automated teller machine (atm) services, as well as internet, mobile, and telephone banking services.