Catalent Inc. (NYSE: CTLT) is 34.43% higher on its value in year-to-date trading and has touched a low of $31.80 and a high of $61.20 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 $60.72 in the last trading session, with the day’s loss setting it -0.32%.
Currently trading at $60.40, the stock is 1.01% and 3.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.83 million and changing -0.53% at the moment leaves the stock 12.39% off its SMA200. CTLT registered 20.63% gain for a year compared to 6-month gain of 6.62%.
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The stock witnessed a 1.41% loss in the last 1 month and extending the period to 3 months gives it a 8.89%, and is 1.00% up 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 0.78% over the week and 0.62% over the month.
Catalent Inc. (CTLT) has around 17800 employees, a market worth around $10.93B and $4.38B in sales. Fwd P/E is 33.64. Profit margin for the company is -23.81%. Distance from 52-week low is 89.94% and -1.31% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.33%).
The EPS is expected to grow by 375.39% this year
683.0 institutions hold shares in Catalent Inc. (CTLT), with institutional investors hold 94.19% of the company’s shares. The shares outstanding are 180.00M, and float is at 177.43M with Short Float at 4.81%. Institutions hold 93.64% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 20.39 million shares valued at $1.15 billion. The investor’s holdings represent 11.2039 of the CTLT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.35 million shares valued at $863.37 million to account for 8.4364 of the shares outstanding. The other top investors are NOMURA HOLDINGS INC which holds 11.0 million shares representing 6.043 and valued at over $618.43 million, while STATE STREET CORP holds 4.0319 of the shares totaling 7.34 million with a market value of $412.62 million.
Catalent Inc. (CTLT) Insider Activity
The most recent transaction is an insider sale by Hopson Ricky, the company’s Pres. BioProduct Delivery, CoS. SEC filings show that Hopson Ricky sold 662 shares of the company’s common stock on Aug 02 ’24 at a price of $59.56 per share for a total of $39429.0. Following the sale, the insider now owns 29974.0 shares.
Catalent Inc. disclosed in a document filed with the SEC on Aug 02 ’24 that Gunther Scott (SVP, Quality & Reg. Affairs) sold a total of 666 shares of the company’s common stock. The trade occurred on Aug 02 ’24 and was made at $59.55 per share for $39660.0. Following the transaction, the insider now directly holds 39635.0 shares of the CTLT stock.
Still, SEC filings show that on Aug 02 ’24, Ferraro Joseph Anthony (SVP, General Counsel, CCO) disposed off 608 shares at an average price of $59.58 for $36225.0. The insider now directly holds 24,287 shares of Catalent Inc. (CTLT).
