Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Fulton Financial Corp. (NASDAQ: FULT) closed at $18.43 in the last session, down -1.23% from day before closing price of $18.66. In other words, the price has decreased by -$1.23 from its previous closing price. On the day, 2.12 million shares were traded. FULT stock price reached its highest trading level at $18.74 during the session, while it also had its lowest trading level at $18.28.
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 0.76 whereas as Long-Term Debt/Eq ratio is at 0.74.
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 3353467392 and an Enterprise Value of 4014680576. As of this moment, Fulton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.62, and their Forward P/E ratio for the next fiscal year is 10.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.93 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at 3.575.
Stock Price History:
Over the past 52 weeks, FULT has reached a high of $20.33, while it has fallen to a 52-week low of $11.99. The 50-Day Moving Average of the stock is 2.01%, while the 200-Day Moving Average is calculated to be 9.92%.
Shares Statistics:
According to the various share statistics, FULT traded on average about 1.55M shares per day over the past 3-months and 1848380 shares per day over the past 10 days. A total of 181.91M shares are outstanding, with a floating share count of 179.83M. Insiders hold about 1.14% of the company’s shares, while institutions hold 77.20% stake in the company. Shares short for FULT as of 1727654400 were 5942589 with a Short Ratio of 3.84, compared to 1724976000 on 6140392. Therefore, it implies a Short% of Shares Outstanding of 5942589 and a Short% of Float of 4.33.
Dividends & Splits
The forward annual dividend rate for FULT is 0.68, which was 0.68 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.036441587The stock’s 5-year Average Dividend Yield is 3.91.
