Catalent Inc (NYSE: CTLT) is 35.77% higher on its value in year-to-date trading and has touched a low of $36.74 and a high of $61.50 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 $60.75 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $61.00, the stock is 2.52% and 1.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.5 million and changing 0.41% at the moment leaves the stock 5.36% off its SMA200. CTLT registered 54.59% gain for a year compared to 6-month gain of 13.78%. The firm has a 50-day simple moving average (SMA 50) of $59.86 and a 200-day simple moving average (SMA200) of $57.89925.
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The stock witnessed a 3.99% loss in the last 1 month and extending the period to 3 months gives it a 0.08%, and is 3.39% 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 1.29% over the week and 1.00% over the month.
Catalent Inc (CTLT) has around 16900 employees, a market worth around $11.12B and $4.42B in sales. Fwd P/E is 35.86. Profit margin for the company is -9.34%. Distance from 52-week low is 66.04% and -0.81% 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 340.44% this year
701.0 institutions hold shares in Catalent Inc (CTLT), with institutional investors hold 88.22% of the company’s shares. The shares outstanding are 181.00M, and float is at 179.82M with Short Float at 5.04%. Institutions hold 87.78% 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 Ryan Michelle R, the company’s Director. SEC filings show that Ryan Michelle R sold 2,800 shares of the company’s common stock on Nov 11 ’24 at a price of $59.70 per share for a total of $0.17 million. Following the sale, the insider now owns 10835.0 shares.
Still, SEC filings show that on Oct 18 ’24, Ferraro Joseph Anthony (SVP, General Counsel, CCO) disposed off 320 shares at an average price of $59.97 for $19190.0. The insider now directly holds 23,967 shares of Catalent Inc (CTLT).
