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Catalent Inc. (NYSE: CTLT) closed the day trading at $57.43 up 0.23% from the previous closing price of $57.30. In other words, the price has increased by $0.23 from its previous closing price. On the day, 3.95 million shares were traded. CTLT stock price reached its highest trading level at $57.49 during the session, while it also had its lowest trading level at $57.03.
Ratios:
For a better understanding of CTLT, let’s 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 Jul 08 ’24 when Masanovich Matti sold 2,993 shares for $56.74 per share. The transaction valued at 169,823 led to the insider holds 33,871 shares of the business.
Hopson Ricky sold 1,401 shares of CTLT for $76,023 on Jun 04 ’24. The Pres. BioProduct Delivery, CoS now owns 20,617 shares after completing the transaction at $54.26 per share. On Mar 15 ’24, another insider, Gunther Scott, who serves as the SVP, Quality & Reg. Affairs of the company, sold 387 shares for $56.20 each. As a result, the insider received 21,749 and left with 29,506 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 10393681920 and an Enterprise Value of 15221672960. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.51 while its Price-to-Book (P/B) ratio in mrq is 2.86. Its current Enterprise Value per Revenue stands at 3.681 whereas that against EBITDA is 42.878.
Stock Price History:
The Beta on a monthly basis for CTLT is 1.16, which has changed by 0.24172974 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. Over the past 52 weeks, CTLT has reached a high of $60.20, while it has fallen to a 52-week low of $31.80. The 50-Day Moving Average of the stock is 3.13%, while the 200-Day Moving Average is calculated to be 14.55%.
Shares Statistics:
Over the past 3-months, CTLT traded about 1.63M shares per day on average, while over the past 10 days, CTLT traded about 1693310 shares per day. A total of 180.00M shares are outstanding, with a floating share count of 175.94M. Insiders hold about 2.79% of the company’s shares, while institutions hold 94.87% stake in the company. Shares short for CTLT as of 1718323200 were 8627536 with a Short Ratio of 5.31, compared to 1715731200 on 6796835. Therefore, it implies a Short% of Shares Outstanding of 8627536 and a Short% of Float of 6.0900003.
