Catalent, Inc. (CTLT)

NYSE: CTLT · IEX Real-Time Price · USD
55.80
-0.15 (-0.27%)
Apr 25, 2024, 4:00 PM EDT - Market closed
-0.27%
Market Cap 10.10B
Revenue (ttm) 4.10B
Net Income (ttm) -1.30B
Shares Out 180.97M
EPS (ttm) -7.19
PE Ratio n/a
Forward PE 48.28
Dividend n/a
Ex-Dividend Date n/a
Volume 1,429,830
Open 55.97
Previous Close 55.95
Day's Range 55.75 - 56.14
52-Week Range 31.45 - 60.20
Beta 1.19
Analysts Hold
Price Target 52.04 (-6.74%)
Earnings Date May 7, 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

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for CTLT stock is "Hold." The 12-month stock price forecast is $52.04, which is a decrease of -6.74% from the latest price.

Price Target
$52.04
(-6.74% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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 days ago - Business Wire

Novo Nordisk parent refiles US application on Catalent deal

The parent of Wegovy producer Novo Nordisk has refiled an application to the U.S. Federal Trade Commission (FTC) for approval of a $16.5 billion deal to buy manufacturing subcontractor Catalent , a sp...

Other symbols: NVO
17 days ago - Reuters

Invenra Inc. Announces a Strategic Collaboration with Catalent to Co-Discover Novel Bispecific ADCs

MADISON, Wis.--(BUSINESS WIRE)--Invenra Inc., an innovative leader in bispecific antibody technology, is pleased to announce a strategic collaboration with Catalent, a global Contract Development and ...

23 days ago - Business Wire

Novo Owner's CEO on Obesity Sales Boom, Catalent Deal

Novo Holdings CEO Kasim Kutay discusses the surge in income from obesity drug sales and offers an update on the Catalent deal and insight on the company's deal strategy.

Other symbols: NVO
6 weeks ago - Bloomberg Markets and Finance

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Catalent, Inc. - CTLT

NEW YORK , March 11, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Catalent, Inc. ("Catalent" or the "Company") (NYSE: CTLT).  Such investors are advised to cont...

6 weeks ago - PRNewsWire

Novo Nordisk expects Catalent deal to close later this year

Novo Nordisk expects to close its acquisition of Catalent later this year, its chief financial officer said during the company's capital markets day on Thursday, adding that Novo's gross margin is see...

Other symbols: NVO
7 weeks ago - Reuters

Catalent Publishes Fifth Annual Corporate Responsibility Report, Highlighting Progress and Reinforcing Long-Term Commitment

SOMERSET, N.J.--(BUSINESS WIRE)--Catalent, Inc. (NYSE: CTLT), the leader in enabling the development and supply of better treatments for patients worldwide, has today published its fiscal 2023 Corpora...

7 weeks ago - Business Wire

CATALENT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Catalent, Inc. - CTLT

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Catalent, Inc. (...

2 months ago - Business Wire

Wegovy packing supplier Catalent lays off 300 workers

Catalent has reduced its headcount by about 300 employees as part of its ongoing restructuring plans, the company disclosed in a regulatory filing on Wednesday.

2 months ago - Reuters

Catalent Q2 sales inch past estimates amid takeover by Novo Holdings

Catalent reported second-quarter revenue slightly above Wall Street estimates on Friday, days after the contract drug manufacturer agreed to a $16.5-billion acquisition offer from Novo Nordisk's paren...

Other symbols: NVO
2 months ago - Reuters

Catalent, Inc. Reports Second Quarter 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 s...

2 months ago - Business Wire

Astrazeneca says Catalent deal shows importance of in-house capacity

Astrazeneca on Thursday said the sale of contract drugmaker Catalent to the parent of Novo Nordisk this week demonstrates the importance of building an independent supply chain.

Other symbols: AZN
2 months ago - Reuters

Novo Nordisk CEO on Catalent, Ozempic and Wegovy

Novo Nordisk A/S CEO Lars Fruergaard Jorgensen discusses the company's acquisition of Catalent for for $16.5 billion and the production of its weight-loss drug Wegovy and diabetes treatment Ozempic. F...

Other symbols: NVO
2 months ago - Bloomberg Markets and Finance

EU watchdog is looking into availability of drugs made at Catalent sites sold to Novo

The European Union's drugs regulator said on Wednesday it will investigate any risks to the availability of medicines processed at Catalent sites that will be sold to Novo Nordisk , part of its mandat...

2 months ago - Reuters

US FDA finds control lapses at Catalent plant being sold to Novo

U.S. drug regulators in November found quality control lapses at the Bloomington, Indiana factory of contract drug manufacturer Catalent , including discovery of a "pest" on the manufacturing line, ac...

Other symbols: NVO
2 months ago - Reuters

Novo Nordisk Parent Buys Catalent in $16.5 Billion Cash Deal

Shares of syringe maker Catalent (CTLT) soared 10% in early trading after it signed a deal to be sold to the controlling shareholder of Novo Nordisk (NVO) for $16.5 billion.

Other symbols: NVO
2 months ago - Investopedia

Novo Nordisk parent to buy Catalent for $16.5 billion to expand Wegovy supply

Catalent is the main supplier of fill-finish work, which involves filling and packaging syringes and injection pens, for Novo Nordisk's Wegovy.

Other symbols: NVO
2 months ago - CNBC

Shareholder Alert: Ademi LLP investigates whether Catalent, Inc. has obtained a Fair Price in its transaction with Novo Holdings

MILWAUKEE , Feb. 5, 2024 /PRNewswire/ -- Ademi LLP is investigating Catalent (NYSE: CTLT)  for possible breaches of fiduciary duty and other violations of law in its transaction with Novo Holdings. Cl...

2 months ago - PRNewsWire

SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Sale of Catalent; Is $63.50 a Fair Price?

SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Catalent (NYSE:CTLT) breached their fiduciary duties in conn...

2 months ago - Business Wire

CTLT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Catalent, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Catalent, Inc. (NYSE: CTLT) to Novo Holdings for $63.50 per share in cash is fair to Cata...

2 months ago - Business Wire

Wegovy Maker to Boost Production Capacity With Multibillion-Dollar Deal

The controlling shareholder of Wegovy maker Novo Nordisk is buying Catalent in a deal that values the U.S. drug company at $16.5 billion, including debt.

Other symbols: NVO
2 months ago - WSJ

Catalent Stock Jumps on $16.5 Billion Sale to Controlling Shareholder of Ozempic Maker Novo Nordisk

Novo Holdings will acquire Catalent for $63.50 a share in cash.

Other symbols: NVO
2 months ago - Barrons

Novo Holdings to buy Catalent for $11.5 billion to expand Wegovy capacity

Novo Holdings, the holding company of Novo Nordisk , will buy contract drugmaker Catalent in an all-cash transaction worth $11.5 billion in equity value to expand its capacity for popular weight-loss ...

Other symbols: NVO
2 months ago - Reuters

Novo Nordisk's controlling shareholder to buy Catalent for $16.5 billion

Novo Holdings, the controlling shareholder of Novo Nordisk NVO, -1.80%, said it's buying Catalent CTLT, +2.67% for $16.5 billion in cash, or $63.50 per Catalent share, a 16.5% premium to Friday's clos...

Other symbols: NVO
2 months ago - Market Watch

Novo Nordisk to acquire three fill-finish sites from Novo Holdings A/S in connection with the Catalent, Inc. transaction

Bagsværd, Denmark, 5 February 2024 – Novo Nordisk today announced that the company has agreed to acquire three fill-finish sites from Novo Holdings A/S (Novo Holdings) in connection with a transaction...

Other symbols: NVO
2 months ago - GlobeNewsWire