Catalent Inc. (NYSE:CTLT) saw an upside of 2.91% to $46.62 after adding $1.32 on Tuesday. The 5-day average trading volume is 1,555,144 shares of the company’s common stock. It has gained $47.27 in the past week and touched a new high 1 time within the past 5 days. An average of 2,223,651 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,407,162.
CTLT’s 1-month performance is 2.30% or $1.91 on its low of $44.30 reached on 07/10/23. The company’s shares have touched a 52-week low of $31.45 and high of $115.08, with the stock’s rally to the 52-week high happening on 03/03/23. YTD, CTLT has achieved 3.58% or $1.58 and has reached a new high 16 times. However, the current price is down -59.49% from the 52-week high price.
Insider Transactions
CTLT stock investors last saw insider trading activity on Aug 01.Fasman Steven L (EVP & Chief Admin Officer) most recently sold 1,637 shares at $47.05 per share on Aug 01. This transaction cost the insider $77,026. President & CEO, Maselli Alessandro, sold 1,485 shares at a price of $47.13 on Aug 01. Then, on Aug 01, SVP Global Ops Ph & Cons Hlth Carletti Lorenzo sold 383 shares at a price of $47.77 per share. This transaction amounted to $18,296.
Valuation Metrics
CTLT stock has a beta of 1.24. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.88 while the price-to-book (PB) in the most recent quarter is 1.79.
Catalent Inc.’s quick ratio for the period ended March 30 was 1.30, with the current ratio over the same period at 1.80. As well, the company’s long term debt to equity for the quarter ending March 30 was 0.91, while the total debt to equity was 1.03. In terms of profitability, the gross margin trailing 12 months is 28.60%. The trailing 12-month EBITDA margin is 24.32% while for the period ending March 30, Catalent Inc.’s operating margin was 4.10%. The firm’s gross profit as reported stood at $1.61 billion against revenue of $4.8 billion.
Earnings Surprise
For the quarterly period ending March 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 162.11% to -$227.0 million, while revenue of $81.0 million was 135.68% off the previous quarter. Analysts expected CTLT to announce -$0.03 per share in earnings in its latest quarter, but it posted -$0.09, representing a -200.00% surprise. EBITDA for the quarter stood at more than -$127.0 million. CTLT stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 6.13 billion, with total debt at $4.86 billion. Shareholders hold equity totaling $180.27 million.
Let’s look briefly at Catalent Inc. (CTLT) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 07 August was 50.99% to suggest the stock is trending Neutral, with historical volatility in this time period at 30.65%.
The stock’s 5-day moving average is $46.05, reflecting a +0.17% or $0.08 change from its current price. CTLT is currently trading +2.64% above its 20-day SMA, -33.29% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +26.33% and SMA200 by-34.45%.
Stochastic %K and %D was 22.43% and 24.86% and the average true range (ATR) pointed at 1.53. The RSI (14) points at 53.29%, while the 14-day stochastic is at 37.03% with the period’s ATR at 1.61. The stock’s 9-day MACD Oscillator is pointing at -0.91 and -1.36 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Catalent Inc. (NYSE: CTLT), Wells Fargo launched coverage with an Equal weight rating. Analysts offering their rating for CTLT stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate CTLT as a “sell,”, while 10 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 5 have offered a “buy” rating.
What is CTLT’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $37.00 and a high of $55.00, with their median price target at $46.00. Looking at these predictions, the average price target given by analysts is for Catalent Inc. (CTLT) stock is $46.67.
