Catalent Inc. [NYSE: CTLT] price surged by 0.74 percent to reach at $0.44.
The one-year CTLT stock forecast points to a potential upside of 5.75. The average equity rating for CTLT stock is currently 2.90, trading closer to a bullish pattern in the stock market.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Guru’s Opinion on Catalent Inc. [CTLT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CTLT shares is $63.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CTLT stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Robert W. Baird have made an estimate for Catalent Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on November 16, 2023. The new note on the price target was released on September 05, 2023, representing the official price target for Catalent Inc. stock. Previously, the target price had yet another raise to $43, while Wells Fargo analysts kept a Equal Weight rating on CTLT stock.
The Average True Range (ATR) for Catalent Inc. is set at 0.46, with the Price to Sales ratio for CTLT stock in the period of the last 12 months amounting to 2.61. The Price to Book ratio for the last quarter was 2.98, with the Price to Cash per share for the same quarter was set at 0.90.
CTLT Stock Performance Analysis:
Catalent Inc. [CTLT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.28. With this latest performance, CTLT shares gained by 6.37% in over the last four-week period, additionally plugging by 15.76% over the last 6 months – not to mention a rise of 28.53% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CTLT stock in for the last two-week period is set at 80.78, with the RSI for the last a single of trading hit 87.99, and the three-weeks RSI is set at 74.81 for Catalent Inc. [CTLT]. The present Moving Average for the last 50 days of trading for this stock 56.52, while it was recorded at 59.16 for the last single week of trading, and 51.26 for the last 200 days.
Insight into Catalent Inc. Fundamentals:
Catalent Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.77 and a Current Ratio set at 2.51.
CTLT Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CTLT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Catalent Inc. go to 32.41%.
Catalent Inc. [CTLT] Institutonal Ownership Details
The top three institutional holders of CTLT stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in CTLT stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in CTLT stock with ownership which is approximately 5.1238%.
