Catalent Inc (NYSE: CTLT) is 33.43% higher on its value in year-to-date trading and has touched a low of $32.38 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 $58.48 in the last trading session, with the day’s gains setting it 1.47%.
Currently trading at $59.95, the stock is 0.58% and -0.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.2 million and changing 2.51% at the moment leaves the stock 4.23% off its SMA200. CTLT registered 74.88% gain for a year compared to 6-month gain of 6.67%. The firm has a 50-day simple moving average (SMA 50) of $59.9976 and a 200-day simple moving average (SMA200) of $57.4652.
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The stock witnessed a -1.32% loss in the last 1 month and extending the period to 3 months gives it a 0.39%, and is 1.66% 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 0.89% over the week and 0.74% over the month.
Catalent Inc (CTLT) has around 16900 employees, a market worth around $10.88B and $4.42B in sales. Fwd P/E is 35.99. Profit margin for the company is -9.34%. Distance from 52-week low is 85.15% and -2.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.90%).
The EPS is expected to grow by 334.22% this year
676.0 institutions hold shares in Catalent Inc (CTLT), with institutional investors hold 91.62% of the company’s shares. The shares outstanding are 181.00M, and float is at 178.26M with Short Float at 4.67%. Institutions hold 91.16% 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 Ferraro Joseph Anthony, the company’s SVP, General Counsel, CCO. SEC filings show that Ferraro Joseph Anthony sold 320 shares of the company’s common stock on Oct 18 ’24 at a price of $59.97 per share for a total of $19190.0. Following the sale, the insider now owns 23967.0 shares.
Still, SEC filings show that on Oct 16 ’24, Hawkeswood Thomas W (Officer) Proposed Sale 625 shares at an average price of $60.57 for $37856.0. The insider now directly holds shares of Catalent Inc (CTLT).
