Fulton Financial Corp. (NASDAQ:FULT) shares traded -2.14% lower at $19.23 on Wall Street last session.
FULT stock price is now 14.22% away from the 50-day moving average and 24.95% away from the 200-day moving average. The market capitalization of the company currently stands at $3.50B.
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With the price target maintained at $19.50, Janney recently Upgraded its rating from Neutral to Buy for Fulton Financial Corp. (NASDAQ: FULT). On December 14, 2023, Stephens Downgraded its previous ‘Overweight’ rating to ‘Equal-Weight’ on the stock increasing its target price from $14 to quote $16, while ‘Janney’ rates the stock as ‘Neutral’
In other news, Wenger E Philip, Director sold 0 shares of the company’s stock on Nov 07 ’23. The stock was sold for $4 at an average price of $13.75. Upon completion of the transaction, the Director now directly owns 0 shares in the company, valued at $0.0. A total of 1.15% of the company’s stock is owned by insiders.
During the past 12 months, Fulton Financial Corp. has had a low of $11.63 and a high of $19.74. According to the stock market information, the enterprise value for the company is $4346506240, which is based on a 11.50 price-to-earnings ratio, a 1.44 price-to-earnings-growth ratio, and a beta of 0.78. The fifty day moving average price for FULT is $16.88 and a two-hundred day moving average price translates $15.42545 for the stock.
The latest earnings results from Fulton Financial Corp. (NASDAQ: FULT) was released for 2024-06-30. The net profit margin was 17.38% and return on equity was 10.21% for FULT. The company reported revenue of $400.51 million for the quarter, compared to $314.91 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 27.18 percent.
