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

First Commonwealth Financial (NYSE:FCF) is set to release 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. Persons that wish to listen to the company’s earnings conference call can do so using this link.

First Commonwealth Financial Stock Performance

Shares of FCF stock opened at $16.62 on Friday. The business’s 50 day simple moving average is $16.81 and its 200 day simple moving average is $15.21. First Commonwealth Financial has a one year low of $11.61 and a one year high of $19.01. The stock has a market capitalization of $1.70 billion, a PE ratio of 10.72 and a beta of 0.83. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.92 and a quick ratio of 0.91.

Analysts Set New Price Targets

FCF has been the topic of several recent analyst reports. StockNews.com lowered First Commonwealth Financial from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd. Royal Bank of Canada upped their target price on First Commonwealth Financial from $17.00 to $18.00 and gave the stock an “outperform” rating in a research report on Thursday, July 25th. Janney Montgomery Scott lowered First Commonwealth Financial from a “buy” rating to a “neutral” rating and upped their target price for the stock from $16.00 to $19.00 in a research report on Monday, July 29th. Keefe, Bruyette & Woods upped their target price on First Commonwealth Financial from $16.00 to $18.00 and gave the stock a “market perform” rating in a research report on Thursday, July 25th. Finally, Piper Sandler upped their target price on First Commonwealth Financial from $14.00 to $17.00 and gave the stock a “neutral” rating in a research report on Thursday, July 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $17.50.

Insider Buying and Selling at First Commonwealth Financial

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

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.