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After finishing at $19.28 in the prior trading day, Fulton Financial Corp (NASDAQ: FULT) closed at $19.09, down -0.99%. In other words, the price has decreased by -$0.99 from its previous closing price. On the day, 1.15 million shares were traded. FULT stock price reached its highest trading level at $19.535 during the session, while it also had its lowest trading level at $19.06.
Ratios:
Our goal is to gain a better understanding of FULT by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.51.
On April 29, 2024, Janney Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $19.50.
Stephens Downgraded its Overweight to Equal-Weight on December 14, 2023, whereas the target price for the stock was revised from $14 to $16.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 06 ’24 when Myers Curtis J sold 24,192 shares for $21.16 per share. The transaction valued at 512,007 led to the insider holds 155,946 shares of the business.
CURTIS MYERS bought 24,192 shares of FULT for $512,007 on Dec 06 ’24.
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 3474857216 and an Enterprise Value of 4526323712. 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 10.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.00 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 4.178.
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 -5.14%, while the 200-Day Moving Average is calculated to be 6.55%.
Shares Statistics:
The stock has traded on average 1.40M shares per day over the past 3-months and 1496320 shares per day over the last 10 days, according to various share statistics. A total of 181.96M shares are outstanding, with a floating share count of 180.05M. Insiders hold about 1.08% of the company’s shares, while institutions hold 75.27% stake in the company. Shares short for FULT as of 1734048000 were 6057240 with a Short Ratio of 4.33, compared to 1731628800 on 6106929. Therefore, it implies a Short% of Shares Outstanding of 6057240 and a Short% of Float of 4.4099998000000005.
Dividends & Splits
In the trailing 12 months, FULT’s forward annual dividend rate was 0.68, compared to 0.69 this year. Against a Trailing Annual Dividend Yield of 0.035269707The stock’s 5-year Average Dividend Yield is 3.94.
