At the time of writing, Fulton Financial Corp [FULT] stock is trading at $20.86, up 1.81%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FULT shares have gain 9.44% over the last week, with a monthly amount drifted -1.23%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Fulton Financial Corp [NASDAQ: FULT] stock has seen the most recent analyst activity on December 09, 2024, when Stephens upgraded its rating to a Overweight. Previously, Janney upgraded its rating to Buy on April 29, 2024, and kept the price target unchanged to $19.50. On December 14, 2023, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $16 on the stock. Janney started tracking the stock assigning a Neutral rating and suggested a price target of $19.50 on January 10, 2023. Stephens upgraded its rating to a Overweight but $20.50 remained the price target by the analyst firm on April 21, 2022. Raymond James upgraded its rating to Outperform for this stock on June 17, 2020. In a note dated June 01, 2020, Stephens initiated an Equal-Weight rating and provided a target price of $12 on this stock.
For the past year, the stock price of Fulton Financial Corp fluctuated between $13.87 and $22.49. Currently, Wall Street analysts expect the stock to reach $20.5 within the next 12 months. Fulton Financial Corp [NASDAQ: FULT] shares were valued at $20.86 at the most recent close of the market. An investor can expect a potential drop of -1.73% based on the average FULT price forecast.
Analyzing the FULT fundamentals
According to Fulton Financial Corp [NASDAQ:FULT], the company’s sales were 1.74B for trailing twelve months, which represents an 27.34% jump. Gross Profit Margin for this corporation currently stands at 1.04% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.64.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.55 points at the first support level, and at 20.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.02, and for the 2nd resistance point, it is at 21.19.
Ratios To Look Out For
It is important to note that Fulton Financial Corp [NASDAQ:FULT] has a current ratio of 0.11. Considering the valuation of this stock, the price to sales ratio is 2.19, the price to book ratio is 1.26 and price to earnings (TTM) ratio is 13.15.
Transactions by insiders
Recent insider trading involved Myers Curtis J, Chairman & CEO, that happened on Dec 06 ’24 when 24192.0 shares were sold. Officer, CURTIS MYERS completed a deal on Dec 06 ’24 to buy 24192.0 shares.
