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The price of Fulton Financial Corp. (NASDAQ: FULT) closed at $20.14 in the last session, up 1.21% from day before closing price of $19.90. In other words, the price has increased by $1.21 from its previous closing price. On the day, 1.8 million shares were traded. FULT stock price reached its highest trading level at $20.325 during the session, while it also had its lowest trading level at $19.64.
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 0.81 whereas as Long-Term Debt/Eq ratio is at 0.78.
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.
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.
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 3662076416 and an Enterprise Value of 4511972352. As of this moment, Fulton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.04, and their Forward P/E ratio for the next fiscal year is 10.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.25 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 4.188.
Stock Price History:
The Beta on a monthly basis for FULT is 0.78, which has changed by 0.4074074 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, FULT has reached a high of $20.01, while it has fallen to a 52-week low of $11.63. The 50-Day Moving Average of the stock is 18.60%, while the 200-Day Moving Average is calculated to be 29.90%.
Shares Statistics:
According to the various share statistics, FULT traded on average about 1.97M shares per day over the past 3-months and 2771300 shares per day over the past 10 days. A total of 181.83M shares are outstanding, with a floating share count of 179.75M. Insiders hold about 1.15% of the company’s shares, while institutions hold 64.21% stake in the company. Shares short for FULT as of 1719532800 were 8801719 with a Short Ratio of 4.47, compared to 1717113600 on 7195001. Therefore, it implies a Short% of Shares Outstanding of 8801719 and a Short% of Float of 6.419999999999999.
Dividends & Splits
The forward annual dividend rate for FULT is 0.67, which was 0.67 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.033668343The stock’s 5-year Average Dividend Yield is 3.89. The current Payout Ratio is 38.95% for FULT, which recently paid a dividend on 2024-07-01 with an ex-dividend date of 1719792000. Stock splits for the company last occurred on 2006-05-17 when the company split stock in a 105:100 ratio.
