Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $56.20 in the prior trading day, Catalent Inc. (NYSE: CTLT) closed at $55.98, down -0.39%. In other words, the price has decreased by -$0.39 from its previous closing price. On the day, 1.89 million shares were traded. CTLT stock price reached its highest trading level at $56.31 during the session, while it also had its lowest trading level at $55.8.
Ratios:
Our goal is to gain a better understanding of CTLT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.77 and its Current Ratio is at 2.51. In the meantime, Its Debt-to-Equity ratio is 1.38 whereas as Long-Term Debt/Eq ratio is at 1.37.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Robert W. Baird on November 16, 2023, Upgraded its rating to Outperform and sets its target price to $53 from $45 previously.
On September 05, 2023, Argus Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $62.
On July 20, 2023, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $43.Wells Fargo initiated its Equal Weight rating on July 20, 2023, with a $43 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 15 ’24 when Gunther Scott sold 387 shares for $56.20 per share. The transaction valued at 21,749 led to the insider holds 29,506 shares of the business.
Ryan Michelle R bought 1,000 shares of CTLT for $49,980 on Aug 31 ’23. The Director now owns 1,979 shares after completing the transaction at $49.98 per share. On Aug 30 ’23, another insider, GREISCH JOHN J, who serves as the Executive Chair of the company, bought 21,000 shares for $50.24 each. As a result, the insider paid 1,055,040 and bolstered with 34,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CTLT now has a Market Capitalization of 10171062272 and an Enterprise Value of 15046400000. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.44 while its Price-to-Book (P/B) ratio in mrq is 2.79. Its current Enterprise Value per Revenue stands at 3.639 whereas that against EBITDA is 43.867.
Stock Price History:
Over the past 52 weeks, CTLT has reached a high of $60.20, while it has fallen to a 52-week low of $31.45. The 50-Day Moving Average of the stock is -0.74%, while the 200-Day Moving Average is calculated to be 15.64%.
Shares Statistics:
The stock has traded on average 2.10M shares per day over the past 3-months and 1753600 shares per day over the last 10 days, according to various share statistics. A total of 180.00M shares are outstanding, with a floating share count of 175.31M. Insiders hold about 3.13% of the company’s shares, while institutions hold 107.54% stake in the company. Shares short for CTLT as of 1713139200 were 7188253 with a Short Ratio of 3.42, compared to 1710460800 on 7845123. Therefore, it implies a Short% of Shares Outstanding of 7188253 and a Short% of Float of 5.07.
