First Commonwealth Financial (FCF) Reaches $16.14 52-Week High; Ipg Photonics (IPGP) Has 0.84 Sentiment

June 6, 2018 - By Nellie Frank

IPG Photonics Corporation (NASDAQ:IPGP) Logo

The stock of First Commonwealth Financial Corporation (NYSE:FCF) hit a new 52-week high and has $16.79 target or 4.00% above today’s $16.14 share price. The 8 months bullish chart indicates low risk for the $1.62B company. The 1-year high was reported on Jun, 6 by Barchart.com. If the $16.79 price target is reached, the company will be worth $64.80 million more. The stock increased 0.44% or $0.07 during the last trading session, reaching $16.14. About 37,041 shares traded. First Commonwealth Financial Corporation (NYSE:FCF) has risen 24.72% since June 6, 2017 and is uptrending. It has outperformed by 12.15% the S&P500. Some Historical FCF News: ; 06/03/2018 LAM RESEARCH SAYS CY2021 TARGET MODEL FCF 28%-29%; 15/05/2018 – VODAFONE GROUP PLC VOD.L – 2019 FINANCIAL GUIDANCE: ORGANIC ADJUSTED EBITDA GROWTH (EXCLUDING SETTLEMENTS AND UK HANDSET FINANCING) OF 1 – 5%; FCF PRE-SPECTRUM OF AT LEAST EUR 5.2 BLN (INCLUDING EUR 0; 19/04/2018 – DJ First Commonwealth Financial Corpor, Inst Holders, 1Q 2018 (FCF); 24/04/2018 – First Commonwealth (PA) 1Q Net $23.3M; 21/05/2018 – First Commonwealth Bank Announces Closing of Subordinated Notes Offerings; 24/04/2018 – First Commonwealth (PA) 1Q Rev $81M; 10/05/2018 – S&P ASSIGNS FIRST COMMONWEALTH BANK TO RATING ‘BBB’; 13/03/2018 – DMG MORI AG SEES 2018 EBIT ABOUT EU180M, FCF ABOUT EU100M; 26/05/2018 – FCF: Greenpeace Allegations Unfair and Deceptive; 11/04/2018 – APERAM SA APAM.AS – TRANSACTION IS EXPECTED TO BE EPS AND FCF ENHANCING FROM YEAR 1

Ipg Photonics Corp (IPGP) investors sentiment decreased to 0.84 in Q1 2018. It’s down -0.09, from 0.93 in 2017Q4. The ratio turned negative, as 175 investment professionals opened new or increased holdings, while 209 sold and decreased positions in Ipg Photonics Corp. The investment professionals in our database now possess: 28.90 million shares, up from 28.63 million shares in 2017Q4. Also, the number of investment professionals holding Ipg Photonics Corp in top ten holdings decreased from 13 to 12 for a decrease of 1. Sold All: 36 Reduced: 173 Increased: 109 New Position: 66.

Keywise Capital Management Ltd holds 19.81% of its portfolio in IPG Photonics Corporation for 275,300 shares. Westport Asset Management Inc owns 75,000 shares or 12.47% of their US portfolio. Moreover, Garrison Bradford & Associates Inc has 7% invested in the company for 35,250 shares. The Michigan-based Provident Investment Management Inc. has invested 5.51% in the stock. Motley Fool Asset Management Llc, a Virginia-based fund reported 131,500 shares.

More important recent IPG Photonics Corporation (NASDAQ:IPGP) news were published by: Gurufocus.com which released: “6 Companies With High Business Predictability Ratings” on June 05, 2018, also Fool.com published article titled: “These 3 Stocks Doubled in 2017 — Are They Still Buys?”, Fool.com published: “Wall Street Announces Ratings for nLIGHT: What You Need to Know” on May 21, 2018. More interesting news about IPG Photonics Corporation (NASDAQ:IPGP) was released by: Streetinsider.com and their article: “Stifel Resumes IPG Photonics (IPGP) at Buy” with publication date: May 10, 2018.

The stock decreased 0.07% or $0.19 during the last trading session, reaching $256.06. About 36,707 shares traded. IPG Photonics Corporation (IPGP) has risen 81.13% since June 6, 2017 and is uptrending. It has outperformed by 68.56% the S&P500. Some Historical IPGP News: ; 21/04/2018 – DJ IPG Photonics Corporation, Inst Holders, 1Q 2018 (IPGP); 14/05/2018 – IPG Photonics at Non-Deal Roadshow Hosted By Benchmark Today; 01/05/2018 – IPG Photonics Sees 2Q EPS $2.05-EPS $2.35; 01/05/2018 – IPG Photonics 1Q EPS $1.93; 01/05/2018 – IPG Photonics 1Q Net $106.3M; 08/05/2018 – IPG Photonics Non-Deal Roadshow Set By Benchmark for May. 15; 29/05/2018 – IPG Photonics Presenting at Cowen Conference Tomorrow; 07/05/2018 – IPG Photonics Non-Deal Roadshow Set By Benchmark for May. 14; 12/04/2018 – Agency Spy: Initiative L.A. Wins Amazon Studios Media Business as IPG Consolidates the Larger Amazon Account; 01/05/2018 – IPG PHOTONICS 1Q EPS $1.93, EST. $1.81

IPG Photonics Corporation develops and makes a range of high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications, primarily in materials processing worldwide. The company has market cap of $13.75 billion. The company's laser products include low, medium, and high power lasers; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; laser diode chips and packaged laser diodes; and high power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories. It has a 40.26 P/E ratio. It also provides erbium-doped fiber and Raman amplifiers, and integrated communications systems, which are deployed in broadband networks, such as fiber to the home, fiber to the curb, passive optical networks, and dense wavelength division multiplexing networks; ytterbium and thulium specialty fiber amplifiers and broadband light sources; and single-frequency, linearly polarized, and polarization-maintaining versions of its amplifier products.

Since January 1, 0001, it had 0 insider buys, and 14 selling transactions for $23.85 million activity.

Ratings analysis reveals 100% of IPG Photonics’s analysts are positive. Out of 3 Wall Street analysts rating IPG Photonics, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $116.0 while the high is $137.0. The stock’s average target of $124.33 is -51.44% below today’s ($256.06) share price. IPGP was included in 3 notes of analysts from January 30, 2017. Benchmark maintained IPG Photonics Corporation (NASDAQ:IPGP) rating on Monday, January 30. Benchmark has “Buy” rating and $116.0 target. The rating was upgraded by Dougherty & Company to “Buy” on Wednesday, February 15. The rating was maintained by Needham on Tuesday, January 31 with “Buy”.

Analysts await IPG Photonics Corporation (NASDAQ:IPGP) to report earnings on August, 7. They expect $2.22 EPS, up 16.23% or $0.31 from last year’s $1.91 per share. IPGP’s profit will be $119.20 million for 28.84 P/E if the $2.22 EPS becomes a reality. After $1.93 actual EPS reported by IPG Photonics Corporation for the previous quarter, Wall Street now forecasts 15.03% EPS growth.

More recent First Commonwealth Financial Corporation (NYSE:FCF) news were published by: Globenewswire.com which released: “First Commonwealth Bank names David Folkwein as Regional President” on May 29, 2018. Also Globenewswire.com published the news titled: “First Commonwealth Bank Announces Closing of Subordinated Notes Offerings” on May 21, 2018. Bizjournals.com‘s news article titled: “First Commonwealth appoints president for new Cincinnati region” with publication date: May 30, 2018 was also an interesting one.

Analysts await First Commonwealth Financial Corporation (NYSE:FCF) to report earnings on July, 25. They expect $0.26 earnings per share, up 23.81% or $0.05 from last year’s $0.21 per share. FCF’s profit will be $26.10 million for 15.52 P/E if the $0.26 EPS becomes a reality. After $0.24 actual earnings per share reported by First Commonwealth Financial Corporation for the previous quarter, Wall Street now forecasts 8.33% EPS growth.

Among 7 analysts covering First Commonwealth Financial (NYSE:FCF), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. First Commonwealth Financial has $17.0 highest and $8.50 lowest target. $13.60’s average target is -15.74% below currents $16.14 stock price. First Commonwealth Financial had 19 analyst reports since August 3, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained First Commonwealth Financial Corporation (NYSE:FCF) rating on Tuesday, August 8. Keefe Bruyette & Woods has “Hold” rating and $1400 target. FBR Capital maintained the shares of FCF in report on Thursday, January 26 with “Mkt Perform” rating. FBR Capital maintained First Commonwealth Financial Corporation (NYSE:FCF) rating on Thursday, January 25. FBR Capital has “Hold” rating and $16.0 target. On Wednesday, March 9 the stock rating was downgraded by Boenning & Scattergood to “Neutral”. Keefe Bruyette & Woods maintained First Commonwealth Financial Corporation (NYSE:FCF) rating on Thursday, June 1. Keefe Bruyette & Woods has “Hold” rating and $1400 target. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods. The stock has “Buy” rating by RBC Capital Markets on Thursday, September 7. The stock has “Hold” rating by Boenning & Scattergood on Thursday, July 27. The stock has “Buy” rating by RBC Capital Markets on Wednesday, January 24. Keefe Bruyette & Woods maintained First Commonwealth Financial Corporation (NYSE:FCF) rating on Wednesday, September 21. Keefe Bruyette & Woods has “Market Perform” rating and $10 target.

First Commonwealth Financial Corporation (NYSE:FCF) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>