First Community Co. (FCCO) Receives Consensus Recommendation of “Buy” from Analysts
First Community Co. (NASDAQ:FCCO) has received a consensus broker rating score of 1.67 (Buy) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation and two have given a strong buy recommendation to the company.
Brokerages have set a 12 month consensus price target of $25.00 for the company and are predicting that the company will post $0.29 EPS for the current quarter, according to Zacks. Zacks has also given First Community an industry rank of 7 out of 265 based on the ratings given to related companies.
Several analysts recently weighed in on the company. ValuEngine lowered First Community from a “buy” rating to a “hold” rating in a research note on Friday, October 20th. Zacks Investment Research raised First Community from a “sell” rating to a “hold” rating in a research note on Friday, October 20th.
Shares of First Community (NASDAQ:FCCO) opened at $22.60 on Tuesday. The firm has a market capitalization of $151.57, a PE ratio of 21.73 and a beta of 0.87. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.76 and a quick ratio of 0.75. First Community has a 12 month low of $18.05 and a 12 month high of $24.87.
First Community (NASDAQ:FCCO) last released its quarterly earnings data on Wednesday, October 18th. The bank reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.01). The business had revenue of $9.65 million during the quarter, compared to analyst estimates of $9.79 million. First Community had a net margin of 17.69% and a return on equity of 8.44%. equities analysts predict that First Community will post 1.08 EPS for the current fiscal year.
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About First Community
First Community Corporation is a bank holding company for First Community Bank (the Bank). The Bank offers commercial and retail banking services to small-to-medium sized businesses, professional concerns and individuals, primarily in Richland, Lexington, Kershaw and Newberry Counties of South Carolina and the surrounding areas.
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