Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Fulton Financial Corp (NASDAQ: FULT) closed at $21.08 down -1.82% from its previous closing price of $21.47. In other words, the price has decreased by -$1.82 from its previous closing price. On the day, 1.03 million shares were traded. FULT stock price reached its highest trading level at $21.635 during the session, while it also had its lowest trading level at $21.05.
Ratios:
For a deeper understanding of Fulton Financial Corp’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.51.
On December 14, 2023, Stephens Downgraded its rating to Equal-Weight which previously was Overweight and also upped its target price recommendation from $14 to $16.
On January 10, 2023, Janney started tracking the stock assigning a Neutral rating and target price of $19.50.Janney initiated its Neutral rating on January 10, 2023, with a $19.50 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FULT now has a Market Capitalization of 3837086720 and an Enterprise Value of 4888554496. As of this moment, Fulton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.29, and their Forward P/E ratio for the next fiscal year is 12.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.21 while its Price-to-Book (P/B) ratio in mrq is 1.27. Its current Enterprise Value per Revenue stands at 4.512.
Stock Price History:
Over the past 52 weeks, FULT has reached a high of $22.49, while it has fallen to a 52-week low of $13.87. The 50-Day Moving Average of the stock is 10.30%, while the 200-Day Moving Average is calculated to be 21.02%.
Shares Statistics:
For the past three months, FULT has traded an average of 1.47M shares per day and 1055500 over the past ten days. A total of 181.96M shares are outstanding, with a floating share count of 179.97M. Shares short for FULT as of 1731628800 were 6106929 with a Short Ratio of 4.16, compared to 1728950400 on 5467333. Therefore, it implies a Short% of Shares Outstanding of 6106929 and a Short% of Float of 4.4499997.
Dividends & Splits
According to the company, the forward annual dividend rate for FULT is 0.68, from 0.68 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0316721The stock’s 5-year Average Dividend Yield is 3.93.
