Fulton Financial Corp [NASDAQ: FULT] loss -0.11% or -0.02 points to close at $19.0 with a heavy trading volume of 4031029 shares.
It opened the trading session at $18.67, the shares rose to $19.02 and dropped to $18.48, the range by which the price of stock traded the whole day. The daily chart for FULT points out that the company has recorded -2.61% loss over the past six months.
If we look at the average trading volume of 1.29M shares, FULT reached to a volume of 4031029 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Fulton Financial Corp [FULT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FULT shares is $20.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FULT stock is a recommendation set at 2.71. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Hovde Group have made an estimate for Fulton Financial Corp shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on January 27, 2025. The new note on the price target was released on December 09, 2024, representing the official price target for Fulton Financial Corp stock. Previously, the target price had yet another raise to $19.50, while Janney analysts kept a Buy rating on FULT stock. On December 14, 2023, analysts increased their price target for FULT shares from 14 to 16.
The Price to Book ratio for the last quarter was 1.10. Price to Free Cash Flow for FULT in the course of the last twelve months was 11.15.
Trading performance analysis for FULT stock
Fulton Financial Corp [FULT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.81. With this latest performance, FULT shares gained by 10.72% in over the last four-week period, additionally sinking by -2.61% over the last 6 months – not to mention a drop of -1.45% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FULT stock in for the last two-week period is set at 58.77, with the RSI for the last a single of trading hit 0.50, and the three-weeks RSI is set at 0.47 for Fulton Financial Corp [FULT]. The present Moving Average for the last 50 days of trading for this stock 17.89, while it was recorded at 19.22 for the last single week of trading, and 18.72 for the last 200 days.
Fulton Financial Corp [FULT]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Fulton Financial Corp [FULT] shares currently have an operating margin of 22.87%. Fulton Financial Corp’s Net Margin is presently recorded at 16.38%.
Return on Equity for this stock inclined to 1.02%, with Return on Assets sitting at 1.02%. When it comes to the capital structure of this company, Fulton Financial Corp [FULT] has a Total Debt to Total Equity ratio set at 0.53.
Reflecting on the efficiency of the workforce at the company, Fulton Financial Corp [FULT] managed to generate an average of $92282.35 per employee.Fulton Financial Corp’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.08.
Fulton Financial Corp [FULT]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FULT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Fulton Financial Corp go to 16.60%.
An analysis of Institutional ownership at Fulton Financial Corp [FULT]
There are presently around $76.90%, or 77.75% of FULT stock, in the hands of institutional investors. The top three institutional holders of FULT stocks are: BLACKROCK INC. with ownership of 26.23 million shares, which is approximately 14.9597%. VANGUARD GROUP INC, holding 21.18 million shares of the stock with an approximate value of $$359.7 million in FULT stocks shares; and VANGUARD GROUP INC, currently with $$204.56 million in FULT stock with ownership which is approximately 6.8722%.