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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 – Northeast 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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