Fulton Financial Corp. (FULT) Stock: A SWOT Analysis

The price-to-earnings ratio for Fulton Financial Corp. (NASDAQ: FULT) is above average at 10.54x, Company’s 36-month beta value is 0.77.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 9 as “hold,” and 1 as “sell.”

The public float for FULT is 179.68M, and currently, short sellers hold a 4.47% ratio of that floaft. The average trading volume of FULT on July 11, 2024 was 1.73M shares.

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FULT) stock’s latest price update

Fulton Financial Corp. (NASDAQ: FULT)’s stock price has gone rise by 1.86 in comparison to its previous close of 16.69, however, the company has experienced a 1.25% increase in its stock price over the last five trading days. zacks.com reported 2024-07-09 that Fulton Financial (FULT) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

FULT’s Market Performance

Fulton Financial Corp. (FULT) has seen a 1.25% rise in stock performance for the week, with a 3.47% gain in the past month and a 8.07% surge in the past quarter. The volatility ratio for the week is 1.92%, and the volatility levels for the past 30 days are at 1.88% for FULT. The simple moving average for the past 20 days is 3.92% for FULT’s stock, with a 11.74% simple moving average for the past 200 days.

Analysts’ Opinion of FULT

Many brokerage firms have already submitted their reports for FULT stocks, with Janney repeating the rating for FULT by listing it as a “Buy.” The predicted price for FULT in the upcoming period, according to Janney is $19.50 based on the research report published on April 29, 2024 of the current year 2024.

Stephens, on the other hand, stated in their research note that they expect to see FULT reach a price target of $16, previously predicting the price at $14. The rating they have provided for FULT stocks is “Equal-Weight” according to the report published on December 14th, 2023.

Janney gave a rating of “Neutral” to FULT, setting the target price at $19.50 in the report published on January 10th of the previous year.

FULT Trading at 1.99% from the 50-Day Moving Average

After a stumble in the market that brought FULT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.85% of loss for the given period.

Volatility was left at 1.88%, however, over the last 30 days, the volatility rate increased by 1.92%, as shares surge +5.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.83% upper at present.

During the last 5 trading sessions, FULT rose by +1.25%, which changed the moving average for the period of 200-days by +39.57% in comparison to the 20-day moving average, which settled at $16.41. In addition, Fulton Financial Corp. saw 3.28% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at FULT starting from Wenger E Philip, who sale 0 shares at the price of $13.75 back on Nov 07 ’23. After this action, Wenger E Philip now owns 0 shares of Fulton Financial Corp., valued at $4 using the latest closing price.

Stock Fundamentals for FULT

Current profitability levels for the company are sitting at:

  • 0.35 for the present operating margin
  • 1.0 for the gross margin

The net margin for Fulton Financial Corp. stands at 0.21. The total capital return value is set at 0.03. Equity return is now at value 10.34, with 1.02 for asset returns.

Based on Fulton Financial Corp. (FULT), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 0.83. The interest coverage ratio of the stock is 1.21.

Currently, EBITDA for the company is -38.76 million with net debt to EBITDA at 7.37. When we switch over and look at the enterprise to sales, we see a ratio of 3.77. The receivables turnover for the company is 2.77for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.04.

Conclusion

In a nutshell, Fulton Financial Corp. (FULT) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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