Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The price of Fulton Financial Corp. (NASDAQ: FULT) closed at $15.56 in the last session, up 0.26% from day before closing price of $15.52. In other words, the price has increased by $0.26 from its previous closing price. On the day, 1.1 million shares were traded. FULT stock price reached its highest trading level at $15.575 during the session, while it also had its lowest trading level at $15.145.
Ratios:
We take a closer look at FULT’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.83.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stephens on December 14, 2023, Downgraded its rating to Equal-Weight and sets its target price to $16 from $14 previously.
On January 10, 2023, Janney started tracking the stock assigning a Neutral rating and target price of $19.50.
Stephens Upgraded its Equal-Weight to Overweight on April 21, 2022, while the target price for the stock was maintained at $20.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 07 ’23 when Wenger E Philip sold 0 shares for $13.75 per share. The transaction valued at 4 led to the insider holds 0 shares of the business.
Myers Curtis J bought 15,000 shares of FULT for $147,156 on May 12 ’23. The Chairman & CEO now owns 157,044 shares after completing the transaction at $9.81 per share. On May 11 ’23, another insider, MCCOLLOM MARK R, who serves as the Sr. EVP & CFO of the company, bought 10,000 shares for $9.74 each. As a result, the insider paid 97,400 and bolstered with 71,503 shares of the company.
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 2522073856 and an Enterprise Value of 4532021760. As of this moment, Fulton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.65, and their Forward P/E ratio for the next fiscal year is 9.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.62 while its Price-to-Book (P/B) ratio in mrq is 0.91. Its current Enterprise Value per Revenue stands at 4.365.
Stock Price History:
Over the past 52 weeks, FULT has reached a high of $17.06, while it has fallen to a 52-week low of $9.64. The 50-Day Moving Average of the stock is 1.83%, while the 200-Day Moving Average is calculated to be 8.25%.
Shares Statistics:
According to the various share statistics, FULT traded on average about 1.09M shares per day over the past 3-months and 1209980 shares per day over the past 10 days. A total of 163.80M shares are outstanding, with a floating share count of 160.13M. Insiders hold about 1.16% of the company’s shares, while institutions hold 73.00% stake in the company. Shares short for FULT as of 1713139200 were 7320979 with a Short Ratio of 6.69, compared to 1710460800 on 8386215. Therefore, it implies a Short% of Shares Outstanding of 7320979 and a Short% of Float of 6.239999999999999.
Dividends & Splits
The forward annual dividend rate for FULT is 0.66, which was 0.66 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.042525772The stock’s 5-year Average Dividend Yield is 3.84.
