Alert: Positive Investment/Fundamental Signals (1/2/24)-First Commonwealth Financial Cor (NYSE: FCF)


Significant positive changes in fundamentals have recently occurred for First Commonwealth Financial Cor (NYSE: FCF): the stock’s power rating rose above 70, significant quarterly sales acceleration occurred, and significant quarterly earnings acceleration occurred.

First Commonwealth Financial Cor (NYSE: FCF) has recently enjoyed meaningful positive changes in investment behavior: positive upside/downside volume developed.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, FCF is expected to continue to be a Value Builder.

First Commonwealth Financial Cor has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. First Commonwealth Financial Cor has a slightly positive Appreciation Score of 67 and a good Power Rating of 74, triggering the Positive Value Trend Rating.

Recent Price Action

First Commonwealth Financial Cor (NYSE: FCF) stock closed at $15.56 on 1/2/24 after a modest gain of 0.8%. NORMAL trading volume accompanied the advance. The stock has risen 1.2% during the last week and has been strong relative to the market over the last nine months.

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