Catalent, Inc. (CTLT)

NYSE: CTLT · Real-Time Price · USD
58.78
-0.32 (-0.54%)
Nov 18, 2024, 4:00 PM EST - Market closed
-0.54%
Market Cap 10.67B
Revenue (ttm) 4.42B
Net Income (ttm) -413.00M
Shares Out 181.51M
EPS (ttm) -2.28
PE Ratio n/a
Forward PE 52.19
Dividend n/a
Ex-Dividend Date n/a
Volume 1,724,277
Open 59.10
Previous Close 59.10
Day's Range 58.58 - 59.13
52-Week Range 36.74 - 61.20
Beta 1.16
Analysts Hold
Price Target 59.83 (+1.79%)
Earnings Date Nov 5, 2024

About CTLT

Catalent, Inc., together with its subsidiaries, develops and manufactures solutions for drugs, protein-based biologics, cell and gene therapies, and consumer health products worldwide. It operates in two segments, Biologics, and Pharma and Consumer Health. The Biologics segment provides formulation, development, and manufacturing for biologic proteins, cell gene, and other nucleic acid therapies; pDNA, iPSCs, oncolytic viruses, and vaccines; formulation, development, and manufacturing for parenteral dose forms, including vials, prefilled syring... [Read more]

Sector Healthcare
IPO Date Jul 31, 2014
Employees 17,800
Stock Exchange NYSE
Ticker Symbol CTLT
Full Company Profile

Financial Performance

In 2024, Catalent's revenue was $4.38 billion, an increase of 2.77% compared to the previous year's $4.26 billion. Losses were -$1.04 billion, 307.4% more than in 2023.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for CTLT stock is "Hold." The 12-month stock price forecast is $59.83, which is an increase of 1.79% from the latest price.

Price Target
$59.83
(1.79% upside)
Analyst Consensus: Hold
Stock Forecasts

News

EU regulators quiz Novo Nordisk, Catalent rivals on $16.5 bln deal

EU antitrust regulators have asked pharma rivals and customers for feedback in four business areas in light of Novo Holdings' planned $16.5 billion takeover of Catalent , people familiar with the matt...

Other symbols: NVO
5 days ago - Reuters

Catalent misses Q1 revenue estimates ahead of $16.5 bln deal close with Novo Holdings

Contract drug manufacturer Catalent , which is in the process of being acquired by Novo Holdings, posted a surprise first-quarter loss and revenue below Wall Street estimates on Tuesday.

Other symbols: NVO
13 days ago - Reuters

Catalent, Inc. Reports First Quarter Fiscal 2025 Results

SOMERSET, N.J.--(BUSINESS WIRE)--Catalent, Inc. (NYSE: CTLT), the leader in enabling the development and supply of better treatments for patients worldwide, today announced financial results for the f...

13 days ago - Business Wire

EU antitrust regulators to decide on Novo's Catalent buy by Dec. 6

EU antitrust regulators will decide by Dec. 6 whether to clear Novo Holdings' acquisition of contract drug manufacturer Catalent , according to a filing on the European Commission website on Monday.

14 days ago - Reuters

Roche comes out against clearing takeover of drug manufacturer Catalent

The CEO of pharmaceuticals giant Roche has urged authorities to block the takeover of contract drug manufacturer Catalent by Novo Nordisk's controlling shareholder, citing harm to industry peers.

26 days ago - Reuters

Catalent CEO to remain in charge of contract drugmaker after Novo Holdings' buyout

Catalent president and CEO Alessandro Maselli said on Monday he will stay on as the contract drugmaker's chief after it is acquired by Novo Holdings, the controlling shareholder of weight-loss drug ma...

Other symbols: NVO
4 weeks ago - Reuters

Catalent Issues Open Letter to Customers Regarding Pending Acquisition by Novo Holdings

SOMERSET, N.J.--(BUSINESS WIRE)--Catalent, Inc. (NYSE: CTLT), the leader in enabling the development and supply of better treatments for patients worldwide, today issued the following open letter to c...

4 weeks ago - Business Wire

Consumer groups ask FTC to block Novo Holdings-Catalent deal

Five U.S. consumer groups and two large labor unions urged the U.S. Federal Trade Commission on Thursday to block Novo Nordisk's controlling shareholder from acquiring contract drug manufacturer Catal...

Other symbols: NVO
4 weeks ago - Reuters

Catalent to sell New Jersey facility

Catalent has agreed to sell its oral drug development and small-scale manufacturing facility in Somerset, New Jersey to private contract drug manufacturer Ardena, the companies said on Monday.

5 weeks ago - Reuters

Ardena Signs Agreement to Expand US Footprint with the Acquisition of Advanced Drug Product Manufacturing Facility from Catalent

Ghent, Belgium, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Ardena, a specialist pharmaceutical Contract Development and Manufacturing Organisation (CDMO) with GMP facilities in Belgium, Spain, the Netherlands ...

5 weeks ago - GlobeNewsWire

Catalent Signs Agreement to Sell Somerset, NJ Oral Solids Facility

SOMERSET, N.J.--(BUSINESS WIRE)--Catalent, Inc. (NYSE: CTLT), the leader in enabling the development and supply of better treatments for patients worldwide, announced today that it has entered into a ...

5 weeks ago - Business Wire

US Senator Warren calls for scrutiny of Novo Holdings' Catalent deal

U.S. Senator Elizabeth Warren has asked antitrust regulators to closely scrutinize a $16.5 billion deal in which Novo Nordisk's controlling shareholder would acquire contract drug manufacturer Catalen...

Other symbols: NVO
5 weeks ago - Reuters

Catalent delays filing of annual report

Catalent said on Friday it was unable to file its annual report with regulators on time as it requires additional time to complete "certain processes".

2 months ago - Reuters

Catalent beats revenue estimates ahead of deal close with Novo Nordisk parent

Contract drug manufacturer Catalent beat analysts' estimates for fourth-quarter revenue on Thursday, helped by its biologics segment that develops and manufactures cell and gene therapies.

Other symbols: NVO
2 months ago - Reuters

Catalent, Inc. Reports Fourth Quarter and Fiscal 2024 Results

SOMERSET, N.J.--(BUSINESS WIRE)--Catalent, Inc. (NYSE: CTLT), the leader in enabling the development and supply of better treatments for patients worldwide, today announced financial results for the f...

2 months ago - Business Wire

Catalent Completes $25 Million Expansion of its Clinical Supply Facility in Schorndorf, Germany

SOMERSET, N.J.--(BUSINESS WIRE)--Catalent, Inc. (NYSE: CTLT), the leader in enabling the development and supply of better treatments for patients worldwide, today announced it has completed expansion ...

4 months ago - Business Wire

Sarepta's Expanded Approval Unlikely To Influence Novo Holdings' Acquisition of Catalent, But Provides Investor Protection Amid Uncertainty

Shares of Catalent Inc CTLT, which manufactures Elevidys, are trading higher with a strong session volume of 3.6 million compared to an average volume of 1.6 million.

Other symbols: NVOSRPT
5 months ago - Benzinga

Catalent stockholders approve deal with Novo Holdings

Catalent said on Wednesday its stockholders have voted to approve its deal with Novo Holdings, the parent company of Novo Nordisk.

Other symbols: NVO
6 months ago - Reuters

Catalent Stockholders Approve Transaction with Novo Holdings

SOMERSET, N.J.--(BUSINESS WIRE)--Catalent, Inc. (“Catalent,” NYSE: CTLT), a leader in enabling the development and supply of better treatments for patients worldwide, today announced that, at its Spec...

6 months ago - Business Wire

Surely Wines Appoints Brandon Joldersma as New CEO

AUSTIN, Texas--(BUSINESS WIRE)--Surely Wines, a trailblazer in the premium non-alcoholic wine space, is pleased to announce the appointment of Brandon Joldersma as the company's new Chief Executive Of...

Other symbols: TMUS
6 months ago - Business Wire

Catalent, Inc. Reports Third Quarter Fiscal 2024 Results

SOMERSET, N.J.--(BUSINESS WIRE)--Catalent, Inc. (NYSE: CTLT) (“Catalent”), the leader in enabling the development and supply of better treatments for patients worldwide, today announced financial resu...

6 months ago - Business Wire

Siren Biotechnology and Catalent Enter Partnership for Manufacturing of AAV Gene Therapies for Cancer

SAN FRANCISCO, May 08, 2024 (GLOBE NEWSWIRE) -- Siren Biotechnology, pioneers of Universal AAV Immuno-Gene Therapy for Cancer, and Catalent Inc., the leader in enabling the development and supply of b...

6 months ago - GlobeNewsWire

FTC Seeks More Information on $16.5 Billion Novo-Catalent Deal

The request signals that the agency is reviewing whether the deal could be anticompetitive under U.S. law.

7 months ago - WSJ

US FTC seeks more information on Novo Nordisk parent-Catalent deal

The U.S. Federal Trade Commission has sought additional information about a $16.5 billion deal by Novo Nordisk's parent to buy manufacturing subcontractor Catalent.

Other symbols: NVO
7 months ago - Reuters

Robbins LLP Reminds Stockholders it is Investigating the Acquisition of Catalent, Inc. (CTLT)

SAN DIEGO--(BUSINESS WIRE)---- $CTLT #CTLT--Robbins LLP is Investigating the Acquisition of Catalent, Inc. (CTLT).

7 months ago - Business Wire