Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Fulton Financial Corporation (FULT) Stock Price

News headlines about Fulton Financial Corporation (NASDAQ:FULT) have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fulton Financial Corporation earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the bank an impact score of 47.2541609695457 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Fulton Financial Corporation (NASDAQ FULT) opened at $17.80 on Thursday. The stock has a market cap of $3,117.17, a PE ratio of 17.28 and a beta of 1.16. Fulton Financial Corporation has a twelve month low of $16.45 and a twelve month high of $19.90. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.47.

Fulton Financial Corporation (NASDAQ:FULT) last posted its earnings results on Tuesday, October 17th. The bank reported $0.28 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.01. The business had revenue of $194.19 million for the quarter, compared to analysts’ expectations of $200.00 million. Fulton Financial Corporation had a net margin of 21.15% and a return on equity of 8.28%. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.24 earnings per share. equities research analysts forecast that Fulton Financial Corporation will post 1.05 earnings per share for the current year.

FULT has been the topic of several research reports. Keefe, Bruyette & Woods restated a “hold” rating and set a $17.00 price objective on shares of Fulton Financial Corporation in a report on Thursday, October 19th. Jefferies Group LLC restated a “hold” rating and set a $20.00 price objective on shares of Fulton Financial Corporation in a report on Friday, September 15th. Zacks Investment Research downgraded shares of Fulton Financial Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. BidaskClub downgraded shares of Fulton Financial Corporation from a “sell” rating to a “strong sell” rating in a report on Saturday, August 12th. Finally, Piper Jaffray Companies restated a “hold” rating and set a $18.00 price objective on shares of Fulton Financial Corporation in a report on Thursday, October 19th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $18.67.

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About Fulton Financial Corporation

Fulton Financial Corporation is a financial holding company. The Company is the bank holding company of Fulton Bank N.A. (the Bank). As of December 31, 2016, the Company’s six subsidiary banks were located primarily in suburban or semi-rural geographic markets throughout a five-state region (Pennsylvania, Delaware, Maryland, New Jersey and Virginia).

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