Alert: New Earnings Report (4/16/24)-Fulton Financial Corp (NASDAQ: FULT).

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Fulton Financial Corp (NASDAQ: FULT) has reported E.P.S. of $0.36 for its first fiscal quarter (ending March 31) versus $0.39 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $1.62 compared to $1.69 a year ago.

Recent Price Action

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Fulton Financial Corp (NASDAQ: FULT) stock closed at $14.45 on 4/16/24 after a decline of -2.4%. Moreover, above average trading volume at 134% of normal accompanied the decline. The stock has declined -6.7% during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

FULT’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Fulton Financial has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Fulton Financial has a good Appreciation Score of 80 and a very high Power Rating of 87, with the Highest Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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