Investors are poised to add First Commonwealth Financial Corp. (FCF) Stock to their long term portfolios

At the time of writing, First Commonwealth Financial Corp. [FCF] stock is trading at $13.20, up 3.21%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FCF shares have gain 3.61% over the last week, with a monthly amount drifted -1.79%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

First Commonwealth Financial Corp. [NYSE: FCF] stock has seen the most recent analyst activity on May 19, 2023, when Stephens upgraded its rating to a Overweight but kept the price target unchanged to $14 for it. Previously, Raymond James downgraded its rating to Mkt Perform on February 21, 2023. On September 29, 2022, Janney initiated with a Buy rating and assigned a price target of $16 on the stock. Stephens downgraded its rating to a Equal-Weight but stick to its price target of $15.50 on August 03, 2022. Raymond James downgraded its rating to a Mkt Perform. B. Riley Securities upgraded its rating to Buy for this stock on January 27, 2022, and upped its price target to $19. In a note dated October 28, 2021, RBC Capital Mkts upgraded an Outperform rating on this stock and boosted its target price from $16 to $19.

For the past year, the stock price of First Commonwealth Financial Corp. fluctuated between $11.16 and $15.90. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. First Commonwealth Financial Corp. [NYSE: FCF] shares were valued at $13.20 at the most recent close of the market. An investor can expect a potential return of 21.21% based on the average FCF price forecast.

Analyzing the FCF fundamentals

According to First Commonwealth Financial Corp. [NYSE:FCF], the company’s sales were 626.09M for trailing twelve months, which represents an 38.84% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.42%, Pretax Profit Margin comes in at 0.37%, and Net Profit Margin reading is 0.3%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.13 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.6.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.89 points at the first support level, and at 12.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.37, and for the 2nd resistance point, it is at 13.53.

Ratios To Look Out For

It is important to note that First Commonwealth Financial Corp. [NYSE:FCF] has a current ratio of 0.03. Considering the valuation of this stock, the price to sales ratio is 2.16, the price to book ratio is 1.03 and price to earnings (TTM) ratio is 8.57.

Transactions by insiders

Recent insider trading involved KARRIP BRIAN G, EVP/Chief Credit Officer, that happened on Feb 26 ’24 when 8926.0 shares were sold. EVP/Human Resources, Riggle Carrie L completed a deal on Nov 03 ’23 to sell 7563.0 shares. Meanwhile, Director CHARLEY RAY T sold 875.0 shares on Oct 27 ’23.

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