FCF Stock Fair Value Calculator – First Commonwealth Financial Co. Experiences Significant Increase in Short Interest

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First Commonwealth Financial ($NYSE:FCF) Co. has recently experienced a significant increase in short interest, as reported by Defense World. The company is based in Indiana, Pennsylvania and provides banking, insurance, wealth management, and investment services to individuals and businesses in its local markets. The recent increase in short interest has been driven by a variety of factors. For one, the company’s stock price has seen an uptick, meaning that investors are more likely to consider shorting the company’s shares.

Additionally, the company’s business model is increasingly attractive to those who are risk averse, as its focus on conservative investments provides more consistent returns than more aggressive options. Finally, the company’s strong customer service record gives it an edge over other financial services companies in the region. These factors have led to an increased interest in shorting First Commonwealth Financial Co. stock, making it an attractive investment for those looking to capitalize on short-term gains. While there is no guarantee that the company’s stock price will continue to rise, it does present an interesting opportunity for those willing to take on the risk associated with investing in stocks.

Price History

The stock opened at $11.8 and was able to close at $11.9, which was a 0.1% increase from its last closing price. This is a remarkable feat for the company, showing a positive trend in its stock performance. This positive outcome could be attributed to the company’s innovations in providing financial services and products for customers. This increase in short interest shows that more investors are showing trust in the company, thus increasing their confidence in its offerings. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for FCF. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for FCF. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for FCF. More…

Key Ratios Snapshot

Some of the financial key ratios for FCF are shown below. More…

Analysis – FCF Stock Fair Value Calculator

At GoodWhale, we’ve conducted an analysis of FIRST COMMONWEALTH FINANCIAL’s wellbeing and have concluded that the true fair value of FIRST COMMONWEALTH FINANCIAL’s share is around $13.2. This value was calculated using our proprietary Valuation Line, which takes into account factors such as market trends, industry indicators and the company’s financials. Though our Valuation Line suggests that FIRST COMMONWEALTH FINANCIAL’s share is currently undervalued by 9.6%, the good news is that it is still being traded at $11.9, which is a fair price. Therefore, investors who are interested in purchasing FIRST COMMONWEALTH FINANCIAL stock right now may be able to do so at an attractive price. More…

Peers

As of December 31, 2018, the company had assets of $11.6 billion and operated 154 branches in 22 counties throughout Pennsylvania and Ohio. First Commonwealth Bank, the company’s principal subsidiary, is a full-service community bank with a focus on providing personal and business banking services to individuals and small businesses. The company’s competitors include Merchants & Marine Bancorp Inc, SB Financial Group Inc, Crazy Woman Creek Bancorp Inc. These companies are also regional bank holding companies that offer similar personal and business banking services.

– Merchants & Marine Bancorp Inc ($OTCPK:MNMB)

Merchants & Marine Bancorp Inc is a holding company for Merchants Bank and Marine Bank. The Company operates through its subsidiary banks, which engage in the business of commercial banking and related financial activities. As of December 31, 2016, the Company’s subsidiary banks had a total of 21 banking offices located in Mississippi, Alabama and Florida.

– SB Financial Group Inc ($NASDAQ:SBFG)

SunTrust Banks, Inc., is an American bank holding company headquartered in Atlanta, Georgia. As of December 31, 2019, SunTrust had US$222 billion in assets and US$175 billion in deposits. SunTrust’s primary businesses include deposit, credit, trust and investment services. The company’s principal subsidiary is SunTrust Bank, member FDIC.

– Crazy Woman Creek Bancorp Inc ($OTCPK:CRZY)

Crazy Woman Creek Bancorp Inc is a regional bank holding company based in Buffalo, Wyoming, with $1.1 billion in assets. It operates through its wholly owned subsidiary, Crazy Woman Creek National Bank, which was founded in 1886. The Bank offers a full range of banking services to retail and commercial customers in its four full-service banking offices located in Buffalo, Sheridan, Greybull, and Worland, Wyoming.

Summary

First Commonwealth Financial Co. has seen a large increase in investors betting against the company, known as “short interest”, during the last quarter. Analysts suggest that this could be a sign of market sentiment turning against the company, and that investors may be expecting its stock price to decline. Despite this, First Commonwealth Financial Co.’s stock price has remained relatively stable during the same time period.

This suggests that investors may be overestimating the potential downside of the company’s current position. It is important to note that short interest can be a useful tool for analyzing investor sentiment, but it should not be the only factor used when making investment decisions.