Analyst Ratings for Catalent Inc. (CTLT)Updated: 2017-07-28
An average rating of Overweight has been given to Catalent Inc. (NYSE:CTLT) by analysts covering the stock. Last month, CTLT received an average rating of Overweight.
A buy rating was issued by 7 analysts, 0 issued an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
CTLT was given price targets by several analysts. The highest price target was 39, implying potential capital gains of 11.36 percent. The most pessimistic price target was 27, which equates to a potential downside of -22.9 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.91 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -1.69 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.39 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.39 percent.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
CTLT has an estimated earnings growth rate of 73.69 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. CTLT has a PEG ratio of 0.56.
In the last 52-weeks, CTLT has achieved a high of 38.73 and a low of 21.83. Currently the stock is 60.42 percent higher than its low, and below the high by 9.58 percent. CTLT has a P/E ratio of 41.2. Investors typically compare the P/E ratio to a company's peers in the industry. The CTLT value stock report compares CTLT to some of its peers using value stock charts. The market cap of CTLT is $4.42 billion. CTLT's next earnings release will be on 0000-00-00, which is days away.