Why Not Catalent, Inc. (CTLT)?

Wall Street analysts will be watching closely when Catalent, Inc. (NYSE:CTLT) reports its quarterly earnings next, which is scheduled for Mon 4 Feb (In 25 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.25 per share. In the preceding quarter, the company reportedly generated EPS of $0.28 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 9.90%, a profit margin of 2.60% and a gross margin of 30.80%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Catalent, Inc. (NYSE:CTLT). Most recently, on November 7th, 2018, First Analysis Sec Upgrade a Outperform rating. Before that, on October 9th, 2018, UBS Initiated to Neutral. KeyBanc Capital Mkts Upgrade a Overweight rating on March 28th, 2018, Raymond James Upgrade an Outperform rating on March 21st, 2018, and Stephens Downgrade a Equal-Weight rating on February 6th, 2018.

At its current price point, combined with the fact that this company has 144.58M shares outstanding, the current market capitalization sits at 4.90B. In the last trading day, 748,708 shares of Catalent, Inc. were traded, which compares to its usual volume of about 1.04M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $4.04 in the past five trading days, resulting in a percentage change of +13.54% and a moving average of 32.63. In the past 20 days, its price changed by -$2.39 (which is -6.59%) and the stock’s moving average was 32.33. Looking back a full 50 days, shares of CTLT changed by -$4.31 (which is -11.29%) and demonstrated a moving average of 36.08.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 96.57%, a 14-day Stochastic %K score of 86.83% and a 20-day Stochastic %K score of 51.31%. Using a similar metric, Catalent, Inc. (CTLT) shares showed a Stochastic %D of 92.69% over the past 9 days, a Stochastic %D score of 68.18% over the last 14 days, and a 20-day Stochastic %D of 42.75%. Meanwhile, this stock’s MACD Oscillator was 1.59 over the past 9 days, 1.98 over the past two weeks, and 1.02 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $33.88 level. Over the past 12 months, this stock has experienced a high price of $47.87 and a low of $29.23. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

T Rowe Price Associates Inc purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Catalent, Inc. (NYSE:CTLT) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 21,533,287 shares of the company’s stock following the addition of 5,166,676 to this investor’s holdings during the three-month period. This share count represents that T Rowe Price Associates Inc now held 14.81% stake in Catalent, Inc. (CTLT)’s shares.

Just in the most recent trading day, Catalent, Inc. (NYSE:CTLT) experienced a high price of $33.97 and low point of $32.97. At the end of the last trading session, this stock was at 33.88 per share, following a loss of -$0.19, or 1.50% during the full day.