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Is this Large Market Cap Stock target price reasonable for Fulton Financial Corporation (NASDAQ:FULT)?

The company in question is, Fulton Financial Corporation (NASDAQ:FULT) currently with a stock price of 14.28 (0.85% today). The market cap for Fulton Financial Corporation is 2447.13, and is in the sector Financial, and Regional РNortheast Banks industry. The target price for Fulton Financial Corporation is 13.81. Currently Fulton Financial Corporation is trading with a P/E of 16.41, and a forward P/E of 15.23. Average volume for Fulton Financial Corporation is 789.64 and so far today it is 264165.

Performance in the last year for Fulton Financial Corporation has been 21.02%. For EPS growth, Fulton Financial Corporation has seen a growth of 0.30%, and is looking to grow in the next year to 2.20%. More long term stats show that EPS growth has been 7.60% over the last five years and could be -2.30% for the next five years. Fulton Financial Corporation has seen sales growth quarter over quarter at 3.50%, with EPS growth quarter over quarter at 10.40%. The 20-day simple moving average is 0.48%, with the 200-day simple moving average coming to 6.86%.

Since the IPO date for Fulton Financial Corporation on the 3/26/1990, Fulton Financial Corporation has seen performance year to date to be 11.18%. With Fulton Financial Corporation trading at 14.28, the dividend yield is 2.82%, and the EPS is 0.86.

So could Fulton Financial Corporation, be undervalued? Well as said before P/E is 16.41. The PEG is *TBA, P/S is 4.13 and the P/B is at 1.17. The P/cash is 4.97, with P/free cash flow at 53.2.

Fulton Financial Corporation ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0.17, and total debt/equity at 0.17.

In terms of margins, Fulton Financial Corporation has a gross margin of *TBA, an operating margin of 85.00% and a profit margin of 25.50%.Payout ratio for Fulton Financial Corporation is 44.90%. Return on assets come to 0.80% with return on investment coming to 18.60%.

Insider ownership for Fulton Financial Corporation, is at 0.40% and institutional ownership comes to 62.30%. Outstanding shares are at 172.82. While shares float is 171.18. The float short is currently 3.35%, and short ratio is 7.26.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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