Are analysts optimistic about Catalent Inc.’s (NYSE:CTLT) stock?

The closing price of Catalent Inc. (NYSE: CTLT) was $49.57 for the day, down -5.74% from the previous closing price of $52.59. In other words, the price has decreased by -$3.02 from its previous closing price. On the day, 2925861 shares were traded. CTLT stock price reached its highest trading level at $53.00 during the session, while it also had its lowest trading level at $49.12.

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Our analysis of CTLT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.10 and its Current Ratio is at 2.90. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.87.

Upgrades & Downgrades

BofA Securities Downgraded its Buy to Neutral on November 02, 2022, whereas the target price for the stock was revised from $125 to $60.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 05 when Boerman Manja sold 780 shares for $51.70 per share. The transaction valued at 40,326 led to the insider holds 15,860 shares of the business.

Grippo Michael J sold 2,451 shares of CTLT for $161,349 on Oct 31. The SVP, Strategy & Corp. Dev. now owns 17,792 shares after completing the transaction at $65.83 per share. On Oct 10, another insider, Hawkeswood Thomas W, who serves as the Pres. Pharma Prod Delivery Div of the company, sold 930 shares for $77.46 each. As a result, the insider received 72,038 and left with 5,364 shares of the company.

Valuation Measures:

As of this moment, Catalent’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.20, and their Forward P/E ratio for the next fiscal year is 13.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84 while its Price-to-Book (P/B) ratio in mrq is 1.90.

Stock Price History:

Over the past 52 weeks, CTLT has reached a high of $115.33, while it has fallen to a 52-week low of $40.69. The 50-Day Moving Average of the stock is 46.23, while the 200-Day Moving Average is calculated to be 82.16.

Shares Statistics:

CTLT traded an average of 3.35M shares per day over the past three months and 2.78M shares per day over the past ten days. A total of 180.00M shares are outstanding, with a floating share count of 179.31M. Shares short for CTLT as of Oct 13, 2022 were 4.3M with a Short Ratio of 5.94M, compared to 3.65M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.39% and a Short% of Float of 2.67%.

Earnings Estimates

The firm’s stock currently is rated by 13 analysts. On average, analysts expect EPS of $0.56 for the current quarter, with a high estimate of $0.66 and a low estimate of $0.48, while EPS last year was $0.71. The consensus estimate for the next quarter is $0.8, with high estimates of $0.87 and low estimates of $0.7.

Analysts are recommending an EPS of between $3.9 and $3.62 for the fiscal current year, implying an average EPS of $3.76. EPS for the following year is $4.45, with 15 analysts recommending between $4.83 and $4.19.

Revenue Estimates

A total of 14 analysts have provided revenue estimates for CTLT’s current fiscal year. The highest revenue estimate was $5.18B, while the lowest revenue estimate was $4.98B, resulting in an average revenue estimate of $5.08B. In the same quarter a year ago, actual revenue was $4.83B, up 5.20% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $5.62B in the next fiscal year. The high estimate is $5.81B and the low estimate is $5.51B. The average revenue growth estimate for next year is up 10.60% from the average revenue estimate for this year.