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How to Buy Catalent Stock

Catalent Inc

Catalent is a pharmaceutical company located in New Jersey, United States, which is part of the Healthcare sector, and is traded under the ticker CTLT on the NYSE exchange.

Catalent stock last closed at $58.77, up 0.63% from the previous day, and has decreased 13.13% in one year. It has underperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.09 percentage points. Catalent stock is currently +86.87% from its 52-week low of $31.45, and -21.1% from its 52-week high of $74.49.

There are currently 180.74M shares of CTLT outstanding. The market cap of CTLT is $10.62B. In the last 24 hours, 3.06M CTLT shares were traded.

How to Buy Catalent Stock

Not sure how to invest in Catalent stock? Here's how.
  1. Decide where to buy Catalent stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Catalent stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Pick your payment method and add your information.
  4. Research Catalent stock: The Catalent ticker symbol is CTLT. Is Catalent stock a good investment? Should you buy shares of CTLT? How do CTLT's underlying business fundamentals look? Do top analysts think Catalent is a good buy? Why has CTLT's stock price moved recently? (Hint: Our stock research tools can help you understand if CTLT is a good stock to buy).
  5. Execute your CTLT trade: Decide if you will purchase CTLT shares at the current market price or use a limit order to purchase CTLT shares at a specific price.
  6. Get updates on your CTLT position: Create a watchlist to important updates regarding your position in Catalent stock.

Step 1: Decide where to buy Catalent stock

You need an online brokerage account in order to access the NYSE market and buy CTLT shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected your brokerage, you'll need to fill out some personal info so you are able to buy CTLT stock today.

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Step 3: Deposit money your brokerage account

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Step 4: Research Catalent stock

Once you have identified the best place to buy Catalent stock, it's very important to evaluate their stock prior to investing, so you can understand the risk as well as the opportunity.

Catalent quick stats

CTLT Price
$58.77
1w %
1.08%
1y %
-13.13%
5y %
35.35%
P/E
-8.17x
P/B
2.88x
P/S
2.59x
PEG
N/A
Revenue
$4.10B
Earnings
-$1.30B
Fore. Rev. Growth
6.97%
Fore. Earn. Growth
N/A
Market Cap
$10.62B
Next Earnings
N/A
Next Dividend
N/A

Catalent Fundamentals

WallStreetZen was built to help average investors do better fundamental analysis quickly.

You can see all of the due diligence checks on CTLT's stock page.

Is CTLT stock undervalued or overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge CTLT's intrinsic value.

Using relative valuations metrics:

  • CTLT may be overvalued based on its P/B ratio of 2.88x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.28x

You can access additional valuation analysis on CTLT's stock here.

CTLT Financial Health

Pros:

  • Total CTLT debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the CTLT balance sheet.

Cons:

  • CTLT profit margin has gone down from 8.2% to -31.8% in the past year.
  • There are more long-term liabilities than short-term assets on the CTLT balance sheet.
  • CTLT has a relatively high debt to equity ratio of 1.71.
  • CTLT has $229.00M in cash and short term investments. This is not enough to cover its annual cash burn of $261.00M.
  • CTLT has cash burn of 261000000. It does not have sufficient cash and short-term investments to cover this.

Do analysts think it's a good time to buy Catalent stock

Out of 9 Wall Street analysts who research CTLT, the consensus analyst rating on CTLT is a Buy

It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

Most Recent CTLT Analyst Upgrades/Downgrades

Eric Coldwell, a top 20% analyst from Baird upgrades CTLT to a buy rating and raises their CTLT price target from $45.00 to $53.00, on Nov 16, 2023.

David Toung, a top 18% analyst from Argus Research upgrades CTLT to a strong buy rating and announces their CTLT price target of $62.00, on Sep 5, 2023.

Derik De Bruin, a top 13% analyst from Bank of America maintains CTLT with a sell rating and raises their CTLT price target from $39.00 to $46.00, on Aug 31, 2023.

Tejas Savant, a bottom 8% analyst from Morgan Stanley maintains CTLT with a strong buy rating and raises their CTLT price target from $52.00 to $55.00, on Aug 30, 2023.

You can dive deeper into what analysts are forecasting on the Catalent stock forecast page.

CTLT Momentum

SMA10
57.59
SMA20
56.27
SMA50
50.03
SMA100
44.92
SMA200
44.33
MACD
2.47
MACD Signal
2.64
MACD Histogram
-0.17
RSI
69.7
Stochastic %K
73.95
Stochastic %D
75.46
StochRSI %K
31.89
StochRSI %D
28.69

How is CTLT performing as a company?

Last year, CTLT revenue was $4.10B. In the past 5 year, CTLT's revenue has increased by 10.5% per year. This was slower than the Drug Manufacturers - Specialty & Generic industry average of 32.61%.

Dig into CTLT's earnings and revenue performance here.

Latest Insiders Trades at CTLT

In the last 12 months, insiders at CTLT have bought more shares than they have sold.

Christa Kreuzburg, Director of CTLT, was the latest CTLT insider to sell. They sold $26,364.43 worth of CTLT shares on Jan 25, 2024.

Dig into more about who owns CTLT stock here.

Does CTLT stock generate passive income?

No, Catalent doesn't provide an income stream by paying out dividends.

What do other traders have to say about CTLT?

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Step 5: Execute your CTLT trade

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a particular dollar amount limit, use a limit order.

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Step 6: Get updates on your CTLT position

Now that you own some CTLT stock, you'll want to stay up-to-date on your shares.

Create a watchlist to keep tabs on your CTLT stock.

CTLT Feed

How to Buy Stock in Catalent

To summarize, here are the 6 steps you need to take to buy Catalent stock right now:

  1. Decide where to buy Catalent stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Research Catalent stock
  5. Execute your CTLT trade
  6. Get updates on your CTLT position

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If you would like to watch your new investment in Catalent, add CTLT to your watchlist by clicking the button below.

NYSE: CTLT
$58.77+0.37 (+0.63%)
Updated Feb 23, 2024
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NYSE: CTLT
$58.77+0.37 (+0.63%)
Updated Feb 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Catalent share?

As of Feb 23, 2024, it costs $58.77 to buy one share of Catalent stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.17 shares of CTLT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Catalent stock?

According to 9 Wall Street analysts who monitor Catalent, their consensus recommendation is to buy Catalent stock.

What is the best way to buy Catalent stock?

One way to place an order for Catalent stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.