Why Buy stock in Catalent, Inc. (CTLT)? – Marketing Sentinel

Why Buy stock in Catalent, Inc. (CTLT)?

Catalent, Inc. (NYSE:CTLT) has a beta value of 1.44 and has seen 1,506,841 shares traded in the recent trading session. The company, currently valued at $17.5 Billion, closed the recent trade at $103.89 per share which meant it lost -$7.89 on the day or -7.06% during that session. The CTLT stock price is -22.9% off its 52-week high price of $127.68 and 37.43% above the 52-week low of $65. If we look at the company’s 10-day average daily trading volume, we find that it stood at 830.77 Million shares traded. The 3-month trading volume is 1.1 Million shares.

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The consensus among analysts is that Catalent, Inc. (CTLT) is a Buy stock at the moment, with a recommendation rating of 1.7. None of the analysts rate the stock as a Sell, while 1 rate it as Overweight. 2 out of 13 have rated it as a Hold, with 10 advising it as a Buy. None have rated the stock as Underweight.

Catalent, Inc. (NYSE:CTLT) trade information

Despite being -7.06% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Friday, Apr 30 when the CTLT stock price touched $114.6 or saw a rise of 8.86%. Year-to-date, Catalent, Inc. shares have moved 0.37%, while the 5-day performance has seen it change -7.34%. Over the past 30 days, the shares of Catalent, Inc. (NYSE:CTLT) have changed -1.96%. Short interest in the company has seen 2.73 Million shares shorted with days to cover at 2.48.

Wall Street analysts have a consensus price target for the stock at $134.45, which means that the shares’ value could jump 29.42% from the levels at last check today. The projected low price target is $120 while the price target rests at a high of $142. In that case, then, we find that the latest price level in today’s session is +36.68% off the targeted high while a plunge would see the stock lose 15.51% from the levels at last check today.

Catalent, Inc. (CTLT) estimates and forecasts

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -8.3% over the past 5 years. Earnings growth for 2021 is a modest +20.6% while over the next 5 years, the company’s earnings are expected to increase by 15.97%.

Catalent, Inc. (NYSE:CTLT)’s Major holders

Insiders own 0.56% of the company shares, while shares held by institutions stand at 100.24% with a share float percentage of 100.81%. Investors are also buoyed by the number of investors in a company, with Catalent, Inc. having a total of 742 institutions that hold shares in the company. The top two institutional holders are Price (T.Rowe) Associates Inc with over 20.35 Million shares worth more than $2.12 Billion. As of December 30, 2020, Price (T.Rowe) Associates Inc held 11.96% of shares outstanding.

The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 17.47 Million shares as of December 30, 2020. The firm’s total holdings are worth over $1.82 Billion and represent 10.26% of shares outstanding.


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Also the top two Mutual Funds that are holding company’s shares are Price (T.Rowe) Mid Cap Growth Fund and Vanguard Total Stock Market Index Fund. As of December 30, 2020, the former fund manager holds about 4.66% shares in the company for having 7936900 shares of worth $825.99 Million while later fund manager owns 4.63 Million shares of worth $481.8 Million as of December 30, 2020, which makes it owner of about 2.72% of company’s outstanding stock.

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