Last Updated: 13 Nov 2024
Executive Summary
Fulton Financial Corporation (FULT) is a financial holding company with a market capitalization of $3.87 billion. The company has a strong financial position with a profit margin of 26.3% and a return on equity of 9.86%. FULT's stock is currently trading at $21.14, which is below its 52-week high of $21.65. The stock has a trailing PE ratio of 13.47 and a forward PE ratio of 10.99. Analysts have a consensus rating of "Hold" on the stock, with a target price of $20.5.
Company Overview
Fulton Financial Corporation is a financial holding company that provides banking and financial services to businesses and consumers. The company is headquartered in Lancaster, Pennsylvania and has over 200 branches in Pennsylvania, New Jersey, Maryland, Delaware, and Virginia. Fulton Financial Corporation offers a range of products and services, including checking and savings accounts, loans, mortgages, and investment services.
Fundamental Analysis
Fulton Financial Corporation has a strong financial position. The company has a profit margin of 26.3% and a return on equity of 9.86%. The company's revenue has grown by an average of 2.0% over the past five years. Fulton Financial Corporation has a strong capital position, with a Tier 1 capital ratio of 10.5%.
Technical Analysis
Fulton Financial Corporation's stock is currently trading at $21.14, which is below its 52-week high of $21.65. The stock has a trailing PE ratio of 13.47 and a forward PE ratio of 10.99. The stock's 50-day moving average is $18.15 and its 200-day moving average is $16.96.
Short Term Outlook
Fulton Financial Corporation's stock is currently trading in a range between $18.15 and $21.65. The stock is likely to continue to trade in this range in the near term.
Long Term Outlook
Fulton Financial Corporation is a well-managed company with a strong financial position. The company is expected to continue to grow its revenue and earnings in the long term. The stock is a good long-term investment for investors who are looking for a stable and dividend-paying stock.
Analyst Recommendations
Analysts have a consensus rating of "Hold" on Fulton Financial Corporation's stock, with a target price of $20.5. Seven analysts have a rating of "Hold", while one analyst has a rating of "Strong Buy".
