Catalent Inc. [NYSE: CTLT] price surged by 0.17 percent to reach at $0.1.
The one-year CTLT stock forecast points to a potential upside of 6.28. The average equity rating for CTLT stock is currently 3.11, trading closer to a bullish pattern in the stock market.
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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 $63.49 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 3.11. 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 0.43, with the Price to Sales ratio for CTLT stock in the period of the last 12 months amounting to 2.46. The Price to Book ratio for the last quarter was 2.99, with the Price to Cash per share for the same quarter was set at 1.59.
CTLT Stock Performance Analysis:
Catalent Inc. [CTLT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.98. With this latest performance, CTLT shares dropped by -0.60% in over the last four-week period, additionally plugging by 6.63% over the last 6 months – not to mention a rise of 40.07% 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 38.41, with the RSI for the last a single of trading hit 31.75, and the three-weeks RSI is set at 43.43 for Catalent Inc. [CTLT]. The present Moving Average for the last 50 days of trading for this stock 60.11, while it was recorded at 59.86 for the last single week of trading, and 57.09 for the last 200 days.
Insight into Catalent Inc. Fundamentals:
Catalent Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.96 and a Current Ratio set at 2.52.
CTLT Stock EPS
With the latest financial reports released by the company, Catalent Inc. posted -0.1/share EPS, while the average EPS was predicted by analysts to be reported at -0.14/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.04. 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 12.00%.
Catalent Inc. [CTLT] Institutonal Ownership Details
There are presently around $95.64%, or 96.21%% of CTLT stock, in the hands of institutional investors. The top three institutional holders of CTLT stocks are: VANGUARD GROUP INC with ownership of 20.39 million shares, which is approximately 11.2039%. BLACKROCK INC., holding 15.35 million shares of the stock with an approximate value of $$863.37 million in CTLT stocks shares; and BLACKROCK INC., currently with $$618.43 million in CTLT stock with ownership which is approximately 6.043%.
