Catalent Inc (NYSE: CTLT) has reported earnings for its fourth fiscal quarter (ending June 30) of $0.13 versus a loss $-0.61 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $-5.76 compared to $-1.42 a year ago.
Recent Price Action
Catalent Inc (NYSE: CTLT) stock closed at $60.95 on 8/29/24 after an increase of 1.9%. Moreover, above average trading volume at 128% of normal accompanied the advance. The stock has risen 2.6% 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Catalent has a neutral Appreciation Score of 42 but a good Power Rating of 74, and the High Neutral Value Trend Rating results.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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