CTLT Stock - Catalent, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $4.38B | $4.28B | $4.83B | $4.00B | $3.09B |
| Gross Profit | $953.00M | $1.06B | $1.64B | $1.35B | $983.30M |
| Gross Margin | 21.8% | 24.8% | 34.0% | 33.8% | 31.8% |
| Operating Income | $-749,000,000 | $-137,000,000 | $349.00M | $354.00M | $143.80M |
| Net Income | $-1,043,000,000 | $-232,000,000 | $499.00M | $585.00M | $173.00M |
| Net Margin | -23.8% | -5.4% | 10.3% | 14.6% | 5.6% |
| EPS | $-5.76 | $-1.28 | $2.74 | $3.15 | $1.15 |
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 through four segments: Biologics, Softgel and Oral Technologies, Oral and Specialty Delivery, and Clinical Supply Services. The Softgel and Oral Technologies segment provides formulation, development, and manufacturing services for soft capsules for use in a range of customer products, such as prescription drugs, over-the-counter medications, dietary supplements, unit-dose cosmetics, and animal health medicinal preparations. The Biologics segment provides biologic cell-line; develops and manufactures cell therapy and viral based gene therapy; formulation, development, and manufacturing for parenteral dose forms, including vials, prefilled syringes, vials, and cartridges; and analytical development and testing services. The Oral and Specialty Delivery segment offers formulation, development, and manufacturing across a range of technologies along with integrated downstream clinical development and commercial supply solutions. This segment also offers oral delivery solutions platform comprising pre-clinical screening, formulation, analytical development, and current good manufacturing practices services. The Clinical Supply Services segment offers manufacturing, packaging, storage, distribution, and inventory management for drugs and biologics clinical trials. It also offers FastChain demand-led clinical supply services. The company serves pharmaceutical, biotechnology, and consumer health companies; and companies in other healthcare market segments, such as animal health and medical devices, as well as in cosmetics industries. Catalent, Inc. was incorporated in 2007 and is headquartered in Somerset, New Jersey.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 16th 2023 | Robert W. Baird | Upgrade | Outperform | $53← $45 |
| September 5th 2023 | Argus | Upgrade | Buy | $62 |
| July 20th 2023 | Wells Fargo | Initiation | Equal Weight | $43 |
| July 5th 2023 | JP Morgan | Resumed | Neutral | $45 |
| June 14th 2023 | Jefferies | Downgrade | Hold | $44← $45 |
| May 22nd 2023 | JP Morgan | Downgrade | Neutral | $45← $90 |
| May 15th 2023 | Deutsche Bank | Downgrade | Hold | $29← $55 |
| May 8th 2023 | BofA Securities | Downgrade | Underperform | $28 |
| April 17th 2023 | Robert W. Baird | Downgrade | Neutral | $53← $82 |
| April 14th 2023 | William Blair | Downgrade | Market Perform | - |
| April 10th 2023 | Deutsche Bank | Upgrade | Buy | $88← $79 |
| April 3rd 2023 | Barclays | Downgrade | Equal Weight | $70 |
| December 19th 2022 | KeyBanc Capital Markets | Downgrade | Sector Weight | - |
| November 7th 2022 | Argus | Downgrade | Hold | - |
| November 2nd 2022 | BofA Securities | Downgrade | Neutral | $60← $125 |
Earnings History & Surprises
CTLTEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q4 2024 | Nov 5, 2024 | $-0.03 | $-0.13 | -340.7% | ✗ MISS |
Q3 2024 | Aug 29, 2024 | $0.47 | $0.65 | +39.3% | ✓ BEAT |
Q2 2024 | May 8, 2024 | $0.22 | $-0.06 | -127.9% | ✗ MISS |
Q1 2024 | Feb 9, 2024 | $-0.02 | $-0.24 | -1055.5% | ✗ MISS |
Q4 2023 | Nov 15, 2023 | $-0.13 | $-0.10 | +23.1% | ✓ BEAT |
Q3 2023 | Aug 29, 2023 | $0.10 | $0.09 | -10.0% | ✗ MISS |
Q2 2023 | Jun 12, 2023 | $-0.13 | $-0.09 | +30.8% | ✓ BEAT |
Q1 2023 | Feb 7, 2023 | $0.72 | $0.67 | -6.9% | ✗ MISS |
Q4 2022 | Nov 1, 2022 | $0.55 | $0.34 | -38.2% | ✗ MISS |
Q3 2022 | Aug 29, 2022 | $1.15 | $1.19 | +3.5% | ✓ BEAT |
Q2 2022 | May 3, 2022 | $0.94 | $1.04 | +10.6% | ✓ BEAT |
Q1 2022 | Feb 1, 2022 | $0.84 | $0.90 | +7.1% | ✓ BEAT |
Q4 2021 | Nov 2, 2021 | $0.66 | $0.71 | +7.6% | ✓ BEAT |
Q3 2021 | Aug 30, 2021 | $1.03 | $1.16 | +12.6% | ✓ BEAT |
Q2 2021 | May 4, 2021 | $0.76 | $0.82 | +7.9% | ✓ BEAT |
Q1 2021 | Feb 2, 2021 | $0.56 | $0.63 | +12.5% | ✓ BEAT |
Q4 2020 | Nov 3, 2020 | $0.37 | $0.43 | +16.2% | ✓ BEAT |
Q3 2020 | Aug 31, 2020 | $0.79 | $0.90 | +13.9% | ✓ BEAT |
Q2 2020 | May 5, 2020 | $0.49 | $0.50 | +2.0% | ✓ BEAT |
Q1 2020 | Feb 3, 2020 | $0.45 | $0.45 | 0.0% | = MET |
Latest News
Lisata Therapeutics Releases Preclinical Data Showing That Lisata's Proprietary iRGD Cyclic Peptide, Certepetide, And Its Analogs Enhanced The Efficacy And Tumor Distribution Of Catalent's Smartag Antibody-Drug Conjugate Platform
📈 PositiveScholar Rock shares are trading lower after the company said the FDA classified a Novo Nordisk-owned Catalent facility as "official action indicated."
📉 NegativeScholar Rock Says Novo Nordisk Informed, Following FDA Form 483 Issued To Catalent Indiana, FDA Determined Inspection Classification Of Facility Is OAI; Continue To Work Closely With Novo Nordisk, Have Requested Type A Meeting With FDA To Discuss Next Steps For Resubmitting Bla
📉 NegativeLisata Therapeutics And Catalent Enters Global Antibody-Drug Conjugate License Agreement. Lisata Therapeutics To Receive Over $10M In Milestone Payments
📈 PositiveScholar Rock Receives FDA Complete Response Letter For Apitegromab In Spinal Muscular Atrophy Due To Catalent Indiana Fill-Finish Facility Observations
📉 NegativeFrequently Asked Questions about CTLT
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