As of Friday close, Catalent Inc.’s (NYSE:CTLT) stock was down -$4.09, moving down -5.74 percent to $67.11. The average number of shares traded per day over the past five days has been 2,549,100 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.81 fall in that time frame. In the last twenty days, the average volume was 1,814,715, while in the previous 50 days, it was 2,553,700.
Since last month, CTLT stock retreated -2.87%. Shares of the company fell to $64.37 on 03/13/23, the lowest level in the past month. A 52-week high of $115.33 was reached on 03/03/23 after having rallying from a 52-week low of $40.69. Since the beginning of this year, CTLT’s stock price has risen by 49.10% or $22.10, and marked a new high 16 times. However, the stock has declined by -41.81% since its 52-week high.
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CTLT stock investors should be aware that Catalent Inc. (CTLT) stock had its last reported insider trading activity 54 days ago on Jan 23. Hopson Ricky, the Pres. Clinical Dev Supply Div of the company, disposed of 643 shares for $49.36 on Jan 23. It resulted in a $31,738 divestment by the insider. Boerman Manja sold 780 shares at an average price of $51.70 on Dec 05. The insider now owns 15,860 shares following the transaction. On Oct 31, SVP, Strategy & Corp. Dev. Grippo Michael J sold 2,451 shares at $65.83 apiece. The transaction was valued at $161,349.
Valuation Metrics
Right now, Catalent Inc. (CTLT) has a P/E ratio of about 29.69. The stock’s beta is 1.18. Besides these, the trailing price-to-sales (P/S) ratio of 2.62, the price-to-book (PB) ratio of 2.47.
Financial Health
In the three months ended December 30, Catalent Inc.’s quick ratio stood at 1.40, while its current ratio was 1.90, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.86, and the total debt-to-equity ratio was 0.99. On the profitability front, the trailing twelve-month gross margin is 32.70% percent. In the year ended December 30, operating margins totaled 13.80%. Based on annual data, CTLT earned $1.64 billion in gross profit and brought in $4.83 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 7.40%. Return on equity (ROE) for the past 12 months was 8.60%.
In Catalent Inc.’s quarter-end financial report for December 30, it reported total debt of $4.22 billion against cash and short-term investments of $28.0 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. CTLT’s revenue rose 10.79% to $1.02 billion during the quarter, while net income inched up to $1.15 billion. While analysts expected Catalent Inc. to report $0.69 quarterly earnings, the actual figure was $0.67 per share, beating the consensus estimate by -2.90%. During the quarter, the company generated $243.0 million in EBITDA. The liabilities of Catalent Inc. were 6.24 billion at the end of its most recent quarter ended December 30, and its total debt was $4.86 billion. The value of shareholders’ equity is $180.09 million.
Technical Picture
This quick technical analysis looks at Catalent Inc.’s (CTLT) price momentum. With a historical volatility rate of 61.38%, the RSI 9-day stood at 45.27% on 17 March.
With respect to its five-day moving average, the current Catalent Inc. price is down by -1.19% percent or -$0.81. At present, CTLT shares trade -6.65% below its 20-day simple moving average and -0.77% percent below its 100-day simple moving average. However, the stock is currently trading approximately +44.48% above its SMA50 and -34.88% below its SMA200.
Stochastic coefficient K was 49.54% and Stochastic coefficient D was 50.49%, while ATR was 3.27. Given the Stochastic reading of 27.08% for the 14-day period, the RSI (14) reading has been calculated as 49.83%. As of today, the MACD Oscillator reading stands at 0.54, while the 14-day reading stands at -0.16.
Analyst Ratings
Catalent Inc. downgraded its rating on Catalent Inc. (NYSE: CTLT) to a Sector weight in a note to investors on December 19, 2022. The analysts firm previously had an Overweight rating on the stock.Catalent Inc. (CTLT) has been rated Overweight by analysts. According to 1 brokerage firm, CTLT is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 3 analysts rate Catalent Inc. stock as buy, with 8 recommending it as overweight.
With a median target price of $84.00, the current consensus forecast for the stock is $57.00 – $90.00. Based on these forecasts, analysts predict Catalent Inc. (CTLT) will achieve an average price target of $81.83.