Catalent Inc. (NYSE: CTLT) is 24.55% higher on its value in year-to-date trading and has touched a low of $31.45 and a high of $71.27 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CTLT stock was last observed hovering at around $56.22 in the last trading session, with the day’s loss setting it -0.26%.
Currently trading at $55.96, the stock is -2.40% and 3.22% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.15 million and changing -0.46% at the moment leaves the stock 21.63% off its SMA200. CTLT registered -21.40% loss for a year compared to 6-month gain of 13.83%. The firm has a 50-day simple moving average (SMA 50) of $3.64 and a 200-day simple moving average (SMA200) of -$19.76.
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The stock witnessed a -2.58% loss in the last 1 month and extending the period to 3 months gives it a 35.30%, and is -1.50% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.93% over the week and 1.07% over the month.
Catalent Inc. (CTLT) has around 17800 employees, a market worth around $10.11B and $4.11B in sales. Fwd P/E is 37.34. Profit margin for the company is -31.09%. Distance from 52-week low is 77.93% and -21.48% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.78%).
Catalent Inc. quarterly earnings per share for the current quarter are estimated at $0.2 with sales reaching $1.12B over the same period.The EPS is expected to shrink by -47.86% this year, but quarterly earnings will post 2.20% year-over-year.
Catalent Inc. (CTLT) Top Institutional Holders
674 institutions hold shares in Catalent Inc. (CTLT), with institutional investors hold 111.87% of the company’s shares. The shares outstanding are 180.00M, and float is at 175.05M with Short Float at 4.14%. Institutions hold 111.33% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 20.1 million shares valued at $871.64 million. The investor’s holdings represent 11.15% of the CTLT Shares outstanding. As of Jun 29, 2023, the second largest holder is Capital World Investors with 15.96 million shares valued at $692.04 million to account for 8.85% of the shares outstanding. The other top investors are Blackrock Inc. which holds 14.92 million shares representing 8.28% and valued at over $646.88 million, while Janus Henderson Group PLC holds 8.18% of the shares totaling 14.74 million with a market value of $639.02 million.
Catalent Inc. (CTLT) Insider Activity
The most recent transaction is an insider purchase by Ryan Michelle R,the company’sDirector. SEC filings show that Ryan Michelle R bought 1,000 shares of the company’s common stock on Aug 31 ’23 at a price of $49.98 per share for a total of $49980.0. Following the purchase, the insider now owns 1979.0 shares.
Catalent Inc. disclosed in a document filed with the SEC on Aug 30 ’23 that GREISCH JOHN J (Executive Chair) bought a total of 21,000 shares of the company’s common stock. The trade occurred on Aug 30 ’23 and was made at $50.24 per share for $1.06 million. Following the transaction, the insider now directly holds 34000.0 shares of the CTLT stock.
Still, SEC filings show that on Aug 24 ’23, Maselli Alessandro (President & CEO) disposed off 2,071 shares at an average price of $44.54 for $92245.0. The insider now directly holds 88,004 shares of Catalent Inc. (CTLT).
