The stock price of Fulton Financial Corp (NASDAQ: FULT) has plunged by -2.35 when compared to previous closing price of 20.88, but the company has seen a -0.97% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2025-02-11 that Fulton Financial Corporation has seen significant growth, with deposits and loans increasing, but the stock remains a ‘hold’ due to interest rate exposure and valuation concerns. The company’s balance sheet has strengthened, with notable increases in deposits, loans, and cash, alongside a reduction in debt. Despite higher net interest and non-interest income, net profits only marginally increased due to acquisition-related costs.
Is It Worth Investing in Fulton Financial Corp (NASDAQ: FULT) Right Now?
Fulton Financial Corp (NASDAQ: FULT) has a higher price-to-earnings ratio of 12.96x compared to its average ratio. FULT has 36-month beta value of 0.78. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for FULT is 179.97M, and currently, short sellers hold a 2.94% ratio of that float. The average trading volume of FULT on February 13, 2025 was 1.29M shares.
FULT’s Market Performance
The stock of Fulton Financial Corp (FULT) has seen a -0.97% decrease in the past week, with a 4.51% rise in the past month, and a -1.26% fall in the past quarter. The volatility ratio for the week is 2.76%, and the volatility levels for the past 30 days are at 2.93% for FULT. The simple moving average for the last 20 days is -0.80% for FULT stock, with a simple moving average of 9.66% for the last 200 days.
Analysts’ Opinion of FULT
Many brokerage firms have already submitted their reports for FULT stocks, with Hovde Group repeating the rating for FULT by listing it as a “Market Perform.” The predicted price for FULT in the upcoming period, according to Hovde Group is $22.50 based on the research report published on January 27, 2025 of the current year 2025.
Janney gave a rating of “Buy” to FULT, setting the target price at $19.50 in the report published on April 29th of the previous year.
FULT Trading at 0.22% 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 -9.34% of loss for the given period.
Volatility was left at 2.93%, however, over the last 30 days, the volatility rate increased by 2.76%, as shares surge +1.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.86% lower at present.
During the last 5 trading sessions, FULT fell by -0.97%, which changed the moving average for the period of 200-days by +31.04% in comparison to the 20-day moving average, which settled at $20.55. In addition, Fulton Financial Corp saw 5.76% 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 ANGELA SNYDER, who proposed sale 13,322 shares at the price of $20.69 back on Jan 27 ’25. After this action, ANGELA SNYDER now owns shares of Fulton Financial Corp, valued at $275,635 using the latest closing price.
Snyder Angela M, the President of Fulton Financial Corp, sale 13,322 shares at $20.69 during a trade that took place back on Jan 27 ’25, which means that Snyder Angela M is holding 63,682 shares at $275,635 based on the most recent closing price.
Stock Fundamentals for FULT
Current profitability levels for the company are sitting at:
- 0.25 for the present operating margin
- 1.05 for the gross margin
The net margin for Fulton Financial Corp stands at 0.24. The total capital return value is set at 0.01. Equity return is now at value 9.69, with 0.97 for asset returns.
Currently, EBITDA for the company is 381.72 million with net debt to EBITDA at -1.03. When we switch over and look at the enterprise to sales, we see a ratio of 2.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.10.
Conclusion
To put it simply, Fulton Financial Corp (FULT) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
