Catalent Inc. (NYSE: CTLT) closed the day trading at $55.85 down -0.05% from the previous closing price of $55.88. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 2025003 shares were traded.
Ratios:
For a better understanding of CTLT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.73 and its Current Ratio is at 2.48. In the meantime, Its Debt-to-Equity ratio is 1.36 whereas as Long-Term Debt/Eq ratio is at 1.34.
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 10.09B and an Enterprise Value of 14.88B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.46 while its Price-to-Book (P/B) ratio in mrq is 2.74. Its current Enterprise Value per Revenue stands at 3.63 whereas that against EBITDA is -19.73.
Stock Price History:
Over the past 52 weeks, CTLT has reached a high of $68.81, while it has fallen to a 52-week low of $31.45. The 50-Day Moving Average of the stock is 54.98, while the 200-Day Moving Average is calculated to be 46.38.
Shares Statistics:
Over the past 3-months, CTLT traded about 2.77M shares per day on average, while over the past 10 days, CTLT traded about 2.07M shares per day. A total of 180.00M shares are outstanding, with a floating share count of 175.05M. Insiders hold about 3.15% of the company’s shares, while institutions hold 108.43% stake in the company. Shares short for CTLT as of Feb 29, 2024 were 7.24M with a Short Ratio of 2.62, compared to 11.13M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.01% and a Short% of Float of 5.06%.
Earnings Estimates
Current recommendations for the stock of the company come from 12 analysts. On average, analysts expect EPS of $0.2 for the current quarter, with a high estimate of $0.35 and a low estimate of $0.13, while EPS last year was -$0.09. The consensus estimate for the next quarter is $0.63, with high estimates of $0.88 and low estimates of $0.54.
Analysts are recommending an EPS of between $0.7 and $0.2 for the fiscal current year, implying an average EPS of $0.46. EPS for the following year is $1.52, with 12 analysts recommending between $1.85 and $1.16.
Revenue Estimates
A total of 13 analysts have provided revenue estimates for CTLT’s current fiscal year. The highest revenue estimate was $4.42B, while the lowest revenue estimate was $4.3B, resulting in an average revenue estimate of $4.37B. In the same quarter a year ago, actual revenue was $4.28B, up 2.20% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $4.68B in the next fiscal year. The high estimate is $4.8B and the low estimate is $4.48B. The average revenue growth estimate for next year is up 7.10% from the average revenue estimate for this year.
