As of Thursday close, Catalent Inc.’s (NYSE:CTLT) stock was up $0.99, moving up 2.02 percent to $49.97. The average number of shares traded per day over the past five days has been 3,274,960 shares. 4 times new highs have been achieved over the past 5 days, with a $5.37 gain in that time frame. In the last twenty days, the average volume was 2,198,265, while in the previous 50 days, it was 2,751,034.
Since last month, CTLT stock rose 7.37%. Shares of the company fell to $42.40 on 08/18/23, the lowest level in the past month. A 52-week high of $97.54 was reached on 03/03/23 after having rallying from a 52-week low of $31.45. Since the beginning of this year, CTLT’s stock price has risen by 11.02% or $4.96, and marked a new high 16 times. However, the stock has declined by -48.77% 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 8 days ago on Aug 24. Maselli Alessandro, the President & CEO of the company, disposed of 2,071 shares for $44.54 on Aug 24. It resulted in a $92,245 divestment by the insider. Fasman Steven L sold 817 shares at an average price of $44.65 on Aug 24. The insider now owns 73,789 shares following the transaction. On Aug 24, Group Pres. Pharma & Consumer Gennadios Aristippos sold 396 shares at $44.49 apiece. The transaction was valued at $17,618.
Valuation Metrics
Right now, Catalent Inc. (CTLT) has a P/E ratio of about 430.78. The stock’s beta is 1.23. Besides these, the trailing price-to-sales (P/S) ratio of 1.99, the price-to-book (PB) ratio of 1.92.
Financial Health
In the three months ended June 29, Catalent Inc.’s quick ratio stood at 1.30, while its current ratio was 1.80, 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 June 29 was 0.91, and the total debt-to-equity ratio was 1.03. On the profitability front, the trailing twelve-month gross margin is 28.60% percent. In the year ended June 29, EBITDA margin amounted to 24.32%, whereas operating margins totaled 4.10%. Based on annual data, CTLT earned $1.61 billion in gross profit and brought in $4.8 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 7.20%. Return on equity (ROE) for the past 12 months was 0.40%.
In Catalent Inc.’s quarter-end financial report for June 29, it reported total debt of $4.26 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. CTLT’s revenue fell -22.76% to $1.15 billion during the quarter, while net income inched up to $1.04 billion. While analysts expected Catalent Inc. to report $0.1 quarterly earnings, the actual figure was $0.09 per share. During the quarter, the company generated -$127.0 million in EBITDA. The liabilities of Catalent Inc. were 6.13 billion at the end of its most recent quarter ended June 29, and its total debt was $4.85 billion. The value of shareholders’ equity is $180.27 million.
Technical Picture
This quick technical analysis looks at Catalent Inc.’s (CTLT) price momentum. With a historical volatility rate of 30.03%, the RSI 9-day stood at 74.24% on 31 August.
With respect to its five-day moving average, the current Catalent Inc. price is up by +12.04% percent or $5.37. At present, CTLT shares trade +8.47% above its 20-day simple moving average and -25.71% percent below its 100-day simple moving average. However, the stock is currently trading approximately +14.90% above its SMA50 and +5.91% above its SMA200.
Stochastic coefficient K was 83.59% and Stochastic coefficient D was 73.78%, while ATR was 1.77. Given the Stochastic reading of 92.77% for the 14-day period, the RSI (14) reading has been calculated as 67.27%. As of today, the MACD Oscillator reading stands at 2.58, while the 14-day reading stands at 3.10.
Analyst Ratings
Wells Fargo launched its rating on Catalent Inc. (NYSE: CTLT) to an Equal weight in a note to investors on July 20, 2023. Catalent Inc. (CTLT) has been rated Overweight by analysts. According to 0 brokerage firms, CTLT is a sell, and 10 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate Catalent Inc. stock as buy, with 5 recommending it as overweight.
With a median target price of $52.50, the current consensus forecast for the stock is $44.00 – $58.00. Based on these forecasts, analysts predict Catalent Inc. (CTLT) will achieve an average price target of $51.75.
