After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed Catalent, Inc. Reports Second Quarter Fiscal 2024 Results.
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Stocks Info
This NYSE-listed company operates within the Drug Manufacturers – Specialty & Generic industry segment, falling under the Healthcare sector. At the end of the last regular session, the stock closed at $57.98 and fluctuated between $58.26 as its day high and $57.67 as its day low. The current market capitalization of Catalent Inc. is $10.48B. A total of 3.14 million shares were traded on the day, compared to an average of 2.58M shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, CTLT has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 49 BUYs and 34 SELLs from insiders. Insiders purchased 297,440 shares during that period but sold 14,067.
In the most recent transaction, Ryan Michelle R bought 1,000 shares of CTLT for 49.98 per share on Aug 31. After the transaction, the Director now owns 1,979 company shares. In a previous transaction on Aug 30, GREISCH JOHN J bought 21,000 shares at 50.24 per share. CTLT shares that Executive Chair owns now total 34,000.
Among the insiders who sold shares, Maselli Alessandro disposed of 2,071 shares on Aug 24 at a per-share price of $44.54. This resulted in the President & CEO holding 88,004 shares of CTLT after the transaction. In another insider transaction, Fasman Steven L sold 817 shares at $44.65 per share on Aug 24. Company shares held by the EVP & Chief Admin Officer now total 73,789.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for CTLT in the last 3 months, the mean price target is $60.32 with high estimates of $63.50 and low estimates of $47.00. In terms of 52-week highs and lows, CTLT has a high of $74.49 and a low of $31.45.
As of this writing, CTLT has an earnings estimate of $Confluent, Inc. per share for the current quarter. EPS was calculated based on a consensus of iShares 20+ Year Treasury Bond estimates, with a high estimate of $Cantaloupe, Inc. per share and a lower estimate of $Catalent, Inc.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CTLT’s latest balance sheet shows that the firm has $538.00M in Cash & Short Term Investments as of fiscal 2022. There were $4.22B in debt and $1.10B in liabilities at the time. Its Book Value Per Share was $20.41, while its Total Shareholder’s Equity was $4.78B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CTLT is Buy with a score of 3.27.
