For its third fiscal quarter (ending March 31), Catalent Inc (NYSE: CTLT) has reported E.P.S. of $-0.56 compared to $-1.26 a year ago. This performance was $-0.97 short of the consensus estimate of $0.41. For the latest four quarters through March 31, E.P.S. were $-6.48 compared to $0.13 a year ago — a decline of -5085%.
Recent Price Action
Catalent Inc (NYSE: CTLT) stock declined slightly by -0.6% on 5/8/24. The stock closed at $56.20. However, this decline was accompanied by below average trading volume at 74% of normal. The stock has risen 0.6% 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 B (Positive). 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 46 but a good Power Rating of 79, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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