Can First Commonwealth Financial Corp’s (FCF) drop of -4.15% in a week be considered a lucky break?

First Commonwealth Financial Corp (NYSE: FCF) on Tuesday, soared 0.29% from the previous trading day, before settling in for the closing price of $17.05. Within the past 52 weeks, FCF’s price has moved between $12.41 and $19.96.

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Annual sales at Financial sector company grew by 11.71% over the past five years. The company achieved an average annual earnings per share of -9.55%. With a float of $99.66 million, this company’s outstanding shares have now reached $102.24 million.

Let’s look at the performance matrix of the company that is accounted for 1437 employees. In terms of profitability, gross margin is 90.96%, operating margin of 31.78%, and the pretax margin is 30.0%.

First Commonwealth Financial Corp (FCF) Insider and Institutional Ownership

Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of First Commonwealth Financial Corp is 2.09%, while institutional ownership is 75.42%. The most recent insider transaction that took place on Sep 23 ’24, was worth 49,594. In this transaction EVP/Chief Lending Officer of this company bought 2,919 shares at a rate of $16.99, taking the stock ownership to the 57,623 shares. Before that another transaction happened on Feb 26 ’24, when Company’s EVP/Chief Credit Officer sold 8,926 for $13.09, making the entire transaction worth $116,841. This insider now owns 52,036 shares in total.

First Commonwealth Financial Corp (FCF) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -9.55% 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

First Commonwealth Financial Corp (FCF) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.52. Likewise, its price to free cash flow for the trailing twelve months is 10.18.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.48, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 1.42 in one year’s time.

Technical Analysis of First Commonwealth Financial Corp (FCF)

First Commonwealth Financial Corp (NYSE: FCF) saw its 5-day average volume 0.81 million, a positive change from its year-to-date volume of 0.52 million. As of the previous 9 days, the stock’s Stochastic %D was 21.54%. Additionally, its Average True Range was 0.50.

During the past 100 days, First Commonwealth Financial Corp’s (FCF) raw stochastic average was set at 34.10%, which indicates a significant increase from 21.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.03% in the past 14 days, which was lower than the 35.42% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.96, while its 200-day Moving Average is $15.65. Nevertheless, the first resistance level for the watch stands at $17.20 in the near term. At $17.29, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.48. If the price goes on to break the first support level at $16.92, it is likely to go to the next support level at $16.73. The third support level lies at $16.64 if the price breaches the second support level.

First Commonwealth Financial Corp (NYSE: FCF) Key Stats

Market capitalization of the company is 1.74 billion based on 101,783K outstanding shares. Right now, sales total 626,610 K and income totals 157,060 K. The company made 179,020 K in profit during its latest quarter, and 32,090 K in sales during its previous quarter.