Fulton Financial stock has undergone multiple analysts rating changes in the recent past. Fulton Financial Downgraded by Zacks Investment Research on 10/13/2021. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Buy.
Shares of Fulton Financial traded down -$0.11 on Wednesday, reaching $16.07. 613103 shares of the stock traded hands, compared to its average volume of 1103330. Shares of Fulton Financial were trading at $16.07 on Wednesday. The firm’s 50 day moving average is $15.59 and its 200 day moving average is $15.95.Fulton Financial has a 12 month low of $15.82 and a 12 month high of $18.41. While on yearly highs and lows, Fulton Financial’s today has traded high as $16.19 and has touched $15.82 on the downward trend. See More Analyst Rating at: RATING
Fulton Financial Earnings and What to expect:
Fulton Financial last issued its earnings results on July 19th, 2021. The bank reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.05. The business had revenue of $214.29 million for the quarter, compared to the consensus estimate of $217.31 million. Its revenue was up 2.7% on a year-over-year basis. Fulton Financial has generated $1.08 earnings per share over the last year ($1.49 diluted earnings per share) and currently has a price-to-earnings ratio of 10.8. Earnings for Fulton Financial are expected to decrease by -12.84% in the coming year, from $1.48 to $1.29 per share. Fulton Financial has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, October 19th, 2021 based off prior year’s report dates.
Earnings for Fulton Financial are expected to decrease by -12.84% in the coming year, from $1.48 to $1.29 per share. The P/E ratio of Fulton Financial is 10.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.72. The P/E ratio of Fulton Financial is 10.79, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.60. Fulton Financial has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
Fulton Financial (FULT) Moving Average Technical Analysis
5 day Moving Average is $16.16 And 5 day price change is $0.03 (0.19%) with average volume for 5 day average is 721,720. While technical analysis for average 20 days shows significant difference, 20 day moving average is $15.46 and 20 day price change is $0.91 (6.00%) and average 20 day moving volume is 1,185,390. 50 day moving average is $15.59 and 50 day price change is $0.63 ( 4.08%) and with average volume for 50 days is : 917,792. 200 day moving average is $15.95 and 200 day price change is $3.18 (24.67%) and with average volume for 200 days is : 919,974.
Other owners latest trading in Fulton Financial :
- On 10/13/2021 shares held by Crossmark Global Holdings Inc. were 11,160 which equates to market value of $0.11M and appx 0.00% owners of Fulton Financial
- On 10/5/2021 shares held by Fulton Bank N.A. were 1,974,369 which equates to market value of $30.17M and appx 1.40% owners of Fulton Financial
- On 9/24/2021 shares held by Thrivent Financial for Lutherans were 698,165 which equates to market value of $11.02M and appx 0.00% owners of Fulton Financial
- In total Institutional ownership equates to Institutional Ownership Percentage: 62.97% for Fulton Financial
See More Analyst Rating at: RATING