First Community Co. (NASDAQ:FCCO) has earned an average broker rating score of 3.00 (Hold) from the three analysts that cover the stock, reports. Three equities research analysts have rated the stock with a hold rating.
Analysts have set a 12-month consensus price objective of $21.50 for the company and are predicting that the company will post $0.34 EPS for the current quarter, according to Zacks. Zacks has also assigned First Community an industry rank of 157 out of 255 based on the ratings given to its competitors.
Several analysts recently issued reports on FCCO shares. lowered shares of First Community from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 17th. downgraded shares of First Community from a “buy” rating to a “hold” rating in a research report on Tuesday, December 3rd.
Several large investors have recently bought and sold shares of the company. Acadian Asset Management LLC raised its holdings in First Community by 11.7% in the 2nd quarter. Acadian Asset Management LLC now owns 30,873 shares of the bank’s stock worth $571,000 after purchasing an additional 3,235 shares during the period. Capital Investment Advisory Services LLC grew its holdings in First Community by 386.0% during the second quarter. Capital Investment Advisory Services LLC now owns 2,673 shares of the bank’s stock valued at $52,000 after purchasing an additional 2,123 shares during the period. Cutler Capital Management LLC grew its holdings in First Community by 155.7% during the second quarter. Cutler Capital Management LLC now owns 38,348 shares of the bank’s stock valued at $710,000 after purchasing an additional 23,348 shares during the period. Context BH Capital Management LP purchased a new stake in First Community in the second quarter worth about $928,000. Finally, Jacobs Asset Management LLC purchased a new stake in First Community in the second quarter worth about $3,314,000. Hedge funds and other institutional investors own 50.22% of the company’s stock.
First Community stock opened at $20.99 on Friday. First Community has a 52-week low of $17.08 and a 52-week high of $22.79. The company has a market cap of $155.33 million, a P/E ratio of 14.48 and a beta of 0.91. The company has a quick ratio of 0.77, a current ratio of 0.79 and a debt-to-equity ratio of 0.16. The business has a 50-day simple moving average of $20.44 and a two-hundred day simple moving average of $19.27.
First Community (NASDAQ:FCCO) last issued its quarterly earnings data on Wednesday, October 16th. The bank reported $0.39 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.04. The firm had revenue of $12.47 million for the quarter, compared to analysts’ expectations of $12.09 million. First Community had a net margin of 20.48% and a return on equity of 9.42%. Research analysts anticipate that First Community will post 1.42 EPS for the current fiscal year.
About First Community
First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals. The company operates through four segments: Commercial and Retail Banking, Mortgage Banking, Investment Advisory and Non-Deposit, and Corporate.
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