The price of Catalent Inc (NYSE:CTLT) shares last traded on Wall Street unchanged to $63.48.
CTLT stock price is now 5.09% away from the 50-day moving average and 9.08% away from the 200-day moving average. The market capitalization of the company currently stands at $11.52B.
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With the price target enhanced from $45 to $53, Robert W. Baird Upgraded its rating from Neutral to Outperform for Catalent Inc (NYSE: CTLT). On September 05, 2023, Argus Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $62, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, Ryan Michelle R, Director sold 2,800 shares of the company’s stock on Nov 11 ’24. The stock was sold for $167,160 at an average price of $59.70. Upon completion of the transaction, the Director now directly owns 10,835 shares in the company, valued at $0.69 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 11 ’24, Director Ryan Michelle R bought 2,800 shares of the business’s stock. A total of $167,160 was incurred on buying the stock at an average price of $59.70. A total of 0.93% of the company’s stock is owned by insiders.
During the past 12 months, Catalent Inc has had a low of $41.15 and a high of $63.49. As of last week, the company has a debt-to-equity ratio of 1.40, a current ratio of 2.51, and a quick ratio of 1.96. The fifty day moving average price for CTLT is $60.349 and a two-hundred day moving average price translates $58.1623 for the stock.
The latest earnings results from Catalent Inc (NYSE: CTLT) was released for 2024-09-30. The net profit margin was -9.34% and return on equity was -11.19% for CTLT. The company reported revenue of $1.02 billion for the quarter, compared to $982.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.18 percent. For the current quarter, analysts expect CTLT to generate $1.1B in revenue.
