Providing a diverse range of perspectives from bullish to bearish, 8 analysts have published ratings on Fulton Financial (NASDAQ:FULT) in the last three months.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 0 | 7 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 1 | 0 | 5 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $17.44, a high estimate of $19.50, and a low estimate of $15.50. Marking an increase of 6.15%, the current average surpasses the previous average price target of $16.43.
Breaking Down Analyst Ratings: A Detailed Examination
A clear picture of Fulton Financial's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Casey Haire | Jefferies | Lowers | Hold | $18.00 | $18.50 |
| Matt Breese | Stephens & Co. | Raises | Equal-Weight | $17.50 | $15.50 |
| Manuel Navas | DA Davidson | Raises | Neutral | $18.00 | $15.00 |
| Christopher Mcgratty | Keefe, Bruyette & Woods | Raises | Market Perform | $19.00 | $17.00 |
| Feddie Strickland | Janney Montgomery Scott | Announces | Buy | $19.50 | - |
| Matt Breese | Stephens & Co. | Lowers | Equal-Weight | $15.50 | $16.00 |
| Matt Breese | Stephens & Co. | Maintains | Equal-Weight | $16.00 | $16.00 |
| Casey Haire | Jefferies | Lowers | Hold | $16.00 | $17.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Fulton Financial. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Fulton Financial compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Fulton Financial's stock. This analysis reveals shifts in analysts' expectations over time.
Capture valuable insights into Fulton Financial's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Fulton Financial analyst ratings.
Unveiling the Story Behind Fulton Financial
Fulton Financial is a U.S.-based financial services holding company that operates in five states: Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It offers a range of consumer and commercial banking products and services, such as checking and savings deposit products and loan products. It offers consumer and commercial banking products and services, as well as wealth management products and services. The bank derives its revenue from non-interest income, led by its Wealth Management division.
Fulton Financial's Economic Impact: An Analysis
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Fulton Financial's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -1.22% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.
Net Margin: Fulton Financial's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 22.49%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Fulton Financial's ROE excels beyond industry benchmarks, reaching 2.31%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Fulton Financial's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.22%, the company may face hurdles in achieving optimal financial returns.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.9, caution is advised due to increased financial risk.
What Are Analyst Ratings?
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.