Stock Rating Downgrade
The Value Trend Rating for Catalent Inc (NYSE: CTLT) weakened in recent days from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Catalent Inc (NYSE: CTLT) stock closed at $56.39 on 6/7/24 after a modest gain of 0.3%. However, unusually low trading volume at 57% of normal accompanied the advance. The stock has risen 5.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CTLT is expected to continue to be a modest Value Builder.
Catalent has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Catalent has a neutral Appreciation Score of 43 but a good Power Rating of 74, producing the High Neutral Value Trend Rating.
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