A share price of Catalent Inc. [CTLT] is currently trading at $60.29, up 0.72%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CTLT shares have gain 0.30% over the last week, with a monthly amount glided 1.50%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Catalent Inc. [NYSE: CTLT] stock has seen the most recent analyst activity on November 16, 2023, when Robert W. Baird upgraded its rating to a Outperform and also boosted its price target to $53 from $45. Previously, Argus upgraded its rating to Buy on September 05, 2023, and kept the price target unchanged to $62. On July 20, 2023, Wells Fargo initiated with a Equal Weight rating and assigned a price target of $43 on the stock. Jefferies downgraded its rating to a Hold and reduced its price target to $44 on June 14, 2023. JP Morgan downgraded its rating to Neutral for this stock on May 22, 2023, and downed its price target to $45. In a note dated May 15, 2023, Deutsche Bank downgraded an Hold rating on this stock and revised its target price from $55 to $29.
Catalent Inc. experienced fluctuations in its stock price throughout the past year between $31.80 and $61.20. Currently, Wall Street analysts expect the stock to reach $76.4 within the next 12 months. Catalent Inc. [NYSE: CTLT] shares were valued at $60.29 at the most recent close of the market. An investor can expect a potential return of 26.72% based on the average CTLT price forecast.
Analyzing the CTLT fundamentals
Trailing Twelve Months sales for Catalent Inc. [NYSE:CTLT] were 4.38B which represents 21.82% growth. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at -0.14%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.23%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.27 and Total Capital is -0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.28.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 59.97 points at the first support level, and at 59.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 60.46, and for the 2nd resistance point, it is at 60.62.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Catalent Inc. [NYSE:CTLT] is 2.52. Further, the Quick Ratio stands at 1.96, while the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 2.50, the price to book ratio is 3.03.
Transactions by insiders
Recent insider trading involved McErlane David, Officer, that happened on Sep 26 ’24 when 2168.0 shares were purchased. Pres. BioProduct Delivery, CoS, Hopson Ricky completed a deal on Aug 02 ’24 to sell 662.0 shares. Meanwhile, SVP, Quality & Reg. Affairs Gunther Scott sold 666.0 shares on Aug 02 ’24.
