-12.07% percent quarterly performance for First Commonwealth Financial Corp. (FCF) is not indicative of the underlying story

On Tuesday, First Commonwealth Financial Corp. (NYSE: FCF) opened lower -0.87% from the last session, before settling in for the closing price of $12.64. Price fluctuations for FCF have ranged from $11.16 to $15.90 over the past 52 weeks.

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During the last 5-year period, the sales growth of Financial Sector giant was 11.71%. Company’s average yearly earnings per share was noted -7.14% at the time writing. With a float of $100.23 million, this company’s outstanding shares have now reached $102.11 million.

Let’s determine the extent of company efficiency that accounts for 1437 employees.

First Commonwealth Financial Corp. (FCF) Insider Activity

A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of First Commonwealth Financial Corp. is 1.97%, while institutional ownership is 73.21%. The most recent insider transaction that took place on Feb 26 ’24, was worth 116,841. In this transaction EVP/Chief Credit Officer of this company sold 8,926 shares at a rate of $13.09, taking the stock ownership to the 52,036 shares. Before that another transaction happened on Nov 03 ’23, when Company’s EVP/Human Resources sold 7,563 for $13.21, making the entire transaction worth $99,907. This insider now owns 46,309 shares in total.

First Commonwealth Financial Corp. (FCF) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -7.14% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to 7.32% growth over the previous five years of trading.

First Commonwealth Financial Corp. (NYSE: FCF) Trading Performance Indicators

Check out the current performance indicators for First Commonwealth Financial Corp. (FCF). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.05. Likewise, its price to free cash flow for the trailing twelve months is 9.10.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.54, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 1.45 in one year’s time.

Technical Analysis of First Commonwealth Financial Corp. (FCF)

Looking closely at First Commonwealth Financial Corp. (NYSE: FCF), its last 5-days average volume was 0.54 million, which is a jump from its year-to-date volume of 0.51 million. As of the previous 9 days, the stock’s Stochastic %D was 11.77%. Additionally, its Average True Range was 0.31.

During the past 100 days, First Commonwealth Financial Corp.’s (FCF) raw stochastic average was set at 3.44%, which indicates a significant decrease from 7.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.19% in the past 14 days, which was lower than the 28.85% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.27, while its 200-day Moving Average is $13.42. However, in the short run, First Commonwealth Financial Corp.’s stock first resistance to watch stands at $12.64. Second resistance stands at $12.74. The third major resistance level sits at $12.86. If the price goes on to break the first support level at $12.42, it is likely to go to the next support level at $12.30. Should the price break the second support level, the third support level stands at $12.20.

First Commonwealth Financial Corp. (NYSE: FCF) Key Stats

There are currently 102,199K shares outstanding in the company with a market cap of 1.28 billion. Presently, the company’s annual sales total 626,610 K according to its annual income of 157,060 K. Last quarter, the company’s sales amounted to 168,550 K and its income totaled 44,830 K.