$0.31 EPS Expected for 1st Constitution Bancorp (FCCY)

September 22, 2017 – By Nellie Frank

Investors sentiment decreased to 0.73 in Q2 2017. Its down 3.27, from 4 in 2017Q1. It turned negative, as 3 investors sold 1st Constitution Bancorp shares while 8 reduced holdings. 2 funds opened positions while 6 raised stakes. 1.97 million shares or 47.55% less from 3.76 million shares in 2017Q1 were reported.
Highlander Mgmt Ltd Limited Liability Company invested in 5,193 shares or 0.07% of the stock. Hightower reported 17,100 shares stake. Dimensional Fund Advsrs Limited Partnership reported 0% stake. Geode Capital Mgmt Limited Liability Corp holds 0% or 46,592 shares. Pinnacle Ltd Liability Corporation owns 12,417 shares. Moreover, Commonwealth Equity Ser has 0% invested in 1st Constitution Bancorp (NASDAQ:FCCY). Banc Funds Com Ltd Liability holds 626,844 shares. Salzhauer Michael reported 105,254 shares or 0.85% of all its holdings. Wellington Management Group Inc Llp has 0% invested in 1st Constitution Bancorp (NASDAQ:FCCY) for 171,074 shares. California Public Employees Retirement Sys stated it has 0% in 1st Constitution Bancorp (NASDAQ:FCCY). Jpmorgan Chase & Company stated it has 7,582 shares or 0% of all its holdings. Tower Rech Cap Limited Liability Corp (Trc) owns 57 shares. Morgan Stanley has 0% invested in 1st Constitution Bancorp (NASDAQ:FCCY). Alliancebernstein Lp holds 0% or 174,751 shares in its portfolio. Moreover, Vanguard Grp Inc Inc has 0% invested in 1st Constitution Bancorp (NASDAQ:FCCY).

Investors wait 1st Constitution Bancorp (NASDAQ:FCCY) to report on October, 20. its quarterly earnings Wall Street analysts expect $0.31 earnings per share, down $0.02 or 6.06 % from last year’s $0.33 same quarter earnings. This translates into $2.51 million profit for FCCY giving the stock a 14.84 P/E. This is assuming the current $0.31 EPS is accurate. 1st Constitution Bancorp’s Wall Street analysts see 34.78 % EPS growth, taking into account the $0.23 EPS reproted in the previous quarter, About 5,066 shares traded. 1st Constitution Bancorp (NASDAQ:FCCY) has risen 36.29% since September 23, 2016 and is uptrending. It has outperformed by 19.59% the S&P500.

1st Constitution Bancorp (NASDAQ:FCCY) Ratings Coverage

Among 2 analysts covering 1st Constitution Bancorp (NASDAQ:FCCY), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. 1st Constitution Bancorp had 3 analyst reports since August 21, 2015 according to SRatingsIntel. Zacks downgraded the shares of FCCY in report on Friday, August 21 to “Hold” rating. The firm has “Mkt Perform” rating given on Thursday, January 7 by Raymond James.

1st Constitution Bancorp is the bank holding firm for 1st Constitution Bank . The company has market cap of $148.85 million. The Bank is a commercial bank, which is engaged in the business of commercial and retail banking. It has a 17.71 P/E ratio. The Firm operates through the Community Banking segment.

More recent 1st Constitution Bancorp (NASDAQ:FCCY) news were published by: Globenewswire.com which released: “1ST Constitution Bancorp Announces Changes to Board of Directors” on June 21, 2016. Also Globenewswire.com published the news titled: “1ST Constitution Bancorp Announces Change and New Member to Its Board of …” on November 23, 2016. Marketwired.com‘s news article titled: “1ST Constitution Bancorp and Rumson-Fair Haven Bank and Trust Company Announce …” with publication date: January 22, 2014 was also an interesting one.