Should I buy or sell Cantaloupe stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cantaloupe in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CTLP shares. View CTLP analyst ratings or view top-rated stocks .

What is Cantaloupe's stock price target for 2024?

5 Wall Street analysts have issued 1-year target prices for Cantaloupe's stock. Their CTLP share price targets range from $9.00 to $10.50. On average, they predict the company's stock price to reach $9.70 in the next year. This suggests a possible upside of 57.5% from the stock's current price. View analysts price targets for CTLP or view top-rated stocks among Wall Street analysts .

How have CTLP shares performed in 2024?

Cantaloupe's stock was trading at $7.41 at the beginning of 2024. Since then, CTLP shares have decreased by 16.9% and is now trading at $6.16. View the best growth stocks for 2024 here .

When is Cantaloupe's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our CTLP earnings forecast .

How were Cantaloupe's earnings last quarter?

Cantaloupe, Inc. (NASDAQ:CTLP) posted its quarterly earnings data on Thursday, February, 8th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.02 by $0.02. The technology company had revenue of $65.36 million for the quarter, compared to analyst estimates of $66.92 million. Cantaloupe had a net margin of 5.90% and a trailing twelve-month return on equity of 8.95%.

What guidance has Cantaloupe issued on next quarter's earnings?

Cantaloupe updated its FY 2024 earnings guidance on Thursday, February, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $275.0 million-$285.0 million, compared to the consensus revenue estimate of $277.5 million.

Who are Cantaloupe's major shareholders?

Cantaloupe's stock is owned by a variety of institutional and retail investors. Top institutional investors include Wasatch Advisors LP (1.71%) and Mesirow Financial Investment Management Inc. (0.06%). Insiders that own company stock include Hudson Executive Capital Lp, Ian Jiro Harris , Lisa P Baird, Ravi Venkatesan, Scott Matthew Stewart and Sean E Feeney . View institutional ownership trends .

How do I buy shares of Cantaloupe?

Shares of CTLP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:CTLP

Cantaloupe (CTLP) Stock Price, News & Analysis

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$6.16

-0.01 (-0.16%)

(As of 04/19/2024 ET)

Compare

Today's Range: $6.10
▼
$6.21
50-Day Range: $6.15
▼
$7.00
52-Week Range: $5.36
▼
$8.28

Volume: 184,557 shs
Average Volume: 304,727 shs
Market Capitalization: $448.45 million

P/E Ratio: 32.42
Dividend Yield: N/A
Price Target: $9.70

Get Cantaloupe alerts:

Cantaloupe MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 57.5% Upside
$9.70 Price Target
Short Interest: Healthy
2.62% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.67
Based on 3 Articles This Week
Insider Trading: Selling Shares
$570,667 Sold Last Quarter
Proj. Earnings Growth: 58.82%
From $0.17 to $0.27 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.81 out of 5 stars

Business Services Sector

71st out of 305 stocks

Calculating & Accounting Equipment Industry

1st out of 5 stocks

3.5

Analyst's Opinion

Consensus Rating
Cantaloupe has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Cantaloupe has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.62% of the float of Cantaloupe has been sold short.
Short Interest Ratio / Days to Cover
Cantaloupe has a short interest ratio ("days to cover") of 5.7.
Change versus previous month
Short interest in Cantaloupe has recently decreased by 3.89%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Cantaloupe does not currently pay a dividend.
Dividend Growth
Cantaloupe does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CTLP.

2.6

News and Social Media Coverage

News Sentiment
Cantaloupe has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Cantaloupe this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added Cantaloupe to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cantaloupe insiders have sold 730.29% more of their company's stock than they have bought. Specifically, they have bought $68,731.00 in company stock and sold $570,667.00 in company stock.
Percentage Held by Insiders
Only 4.30% of the stock of Cantaloupe is held by insiders.
Percentage Held by Institutions
75.75% of the stock of Cantaloupe is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Cantaloupe are expected to grow by 58.82% in the coming year, from $0.17 to $0.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cantaloupe is 32.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.59.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cantaloupe is 32.42, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 18.97.
Price to Book Value per Share Ratio
Cantaloupe has a P/B Ratio of 2.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Cantaloupe Stock (NASDAQ:CTLP)

Cantaloupe, Inc., a digital payments and software services company, provides technology solutions for the unattended retail market. The company offers integrated solutions for payments processing, logistics, and back-office management. It also provides ePort, an integrated payment device that is deployed in self-service, unattended market applications, such as vending, micro-markets, amusement, arcade, commercial laundry, air/vacuum, car wash, and others, which facilitates digital payments; and integrated software services for payment or asset tracking devices. In addition, the company offers G11 cashless kit, a 4G LTE digital payment device or payment and consumer engagement applications; G11 chip kit, a digital reader that accepts contact EMV (chip cards) and contactless EMV (tap) payment methods; Engage series comprising Engage and Engage Combo, which are digital touchscreen devices that provides networking, security, and interactivity payment methods. Further, it provides self-checkout kiosks,?smart store?concepts, and the Cantaloupe Go management platform comprising Go Mini, Go MiniX, Go Plus 100, Go Plus 200, Go Plus 300, Go Max, Cooler Café, Smart Market, and Go Portal, a robust cloud-based platform, as well as Go consumer mobile app, loyalty programs, campus card integrations, digital ad-management, and data warehouse services. The company was formerly known as USA Technologies, Inc and changed its name to Cantaloupe, Inc. Cantaloupe, Inc. was incorporated in 1992 and is headquartered in Malvern, Pennsylvania.

CTLP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CTLP Stock News Headlines

April 19, 2024 | msn.com

Cantaloupe, Inc. Partners with Monumental Markets to Streamline Micro Market Operations

April 18, 2024 | businesswire.com

Cantaloupe, Inc. Partners with Monumental Markets to Streamline Operation and Enhance Guest Experience with Seed Markets Platform

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Cantaloupe, Inc. (NASDAQ:CTLP) Receives Consensus Recommendation of "Buy" from Brokerages

March 28, 2024 | msn.com

Cantaloupe, Inc. Fuels the Convenience Sector Revolution with Advanced Micro Market Solutions

March 27, 2024 | businesswire.com

Cantaloupe, Inc. Helps Pee Dee Food Service Upgrade Micro Markets with New Kiosk Technology

February 19, 2024 | investorplace.com

3 Tech Stocks Primed to Outperform the Market This Decade

February 16, 2024 | markets.businessinsider.com

Analysts Are Bullish on These Technology Stocks: Cantaloupe (CTLP), Infinera (INFN)

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February 11, 2024 | benzinga.com

Cantaloupe Stock (NASDAQ:CTLP) Earnings Dates and Earning Calls

February 9, 2024 | msn.com

Here's What Key Metrics Tell Us About Cantaloupe (CTLP) Q2 Earnings

February 8, 2024 | msn.com

Cantaloupe reports mixed Q2 earnings; reaffirms FY24 outlook

February 8, 2024 | finance.yahoo.com

Cantaloupe Inc (CTLP) Posts Strong Q2 Fiscal 2024 Results with Significant Growth in ...

February 8, 2024 | finance.yahoo.com

Cantaloupe, Inc. Reports Second Quarter Fiscal Year 2024 Financial Results

February 7, 2024 | uk.finance.yahoo.com

Cantaloupe, Inc. (CTLP) stock price, news, quote & history – Yahoo Finance

February 7, 2024 | msn.com

Cantaloupe Q2 2024 Earnings Preview

February 7, 2024 | benzinga.com

Earnings Preview For Cantaloupe

February 7, 2024 | msn.com

Stay Ahead of the Game With Cantaloupe (CTLP) Q2 Earnings: Wall Street's Insights on Key Metrics

February 6, 2024 | msn.com

ICYMI: Cantaloupe Inc. Acquires CHEQ, Paving the Way for Expansion into Sports, Entertainment, and Restaurant Sectors

February 2, 2024 | bizjournals.com

Main Line fintech acquires payments startup Cheq

February 2, 2024 | seekingalpha.com

My Top February Stock Pick: Cantaloupe Poised For Margin Expansion

February 2, 2024 | msn.com

Cantaloupe Acquires CHEQ, Eyes Expansion into Sports, Entertainment, and Restaurant Sectors

February 2, 2024 | msn.com

Cantaloupe Acquires Cheq in $4.75 Million Cash Deal

February 2, 2024 | bizjournals.com

Kirkland payments startup Cheq acquired by Cantaloupe

February 1, 2024 | finance.yahoo.com

Cantaloupe Acquires CHEQ, a Company Revolutionizing the Sports & Entertainment Fan Experience, Expanding Reach into Stadiums, Venues, Festivals and More

January 23, 2024 | finance.yahoo.com

The past three years for Cantaloupe (NASDAQ:CTLP) investors has not been profitable

January 17, 2024 | finance.yahoo.com

Cantaloupe, Inc. to Report Second Quarter Fiscal Year 2024 Results on February 8, 2024

See More Headlines

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Company Calendar

Last Earnings: 2/08/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 6/30/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Calculating & accounting equipment
Sub-Industry: N/A
Current Symbol: NASDAQ:CTLP
CUSIP: N/A
CIK: 896429
Web: www.usatech.com
Phone: (610) 989-0340
Fax: 610-989-0344
Employees: 280
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $9.70
High Stock Price Target: $10.50
Low Stock Price Target: $9.00
Potential Upside/Downside: +57.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.19
Trailing P/E Ratio: 32.42
Forward P/E Ratio: 36.24
P/E Growth: N/A
Net Income: $630,000.00
Net Margins: 5.90%
Pretax Margin: 6.01%
Return on Equity: 8.95%
Return on Assets: 5.07%

Debt

Debt-to-Equity Ratio: 0.21
Current Ratio: 1.64
Quick Ratio: 1.20

Sales & Book Value

Annual Sales: $243.64 million
Price / Sales: 1.84
Cash Flow: $0.13 per share
Price / Cash Flow: 47.52
Book Value: $2.27 per share
Price / Book: 2.71

Miscellaneous

Outstanding Shares: 72,800,000
Free Float: 69,667,000
Market Cap: $448.45 million
Optionable: Optionable
Beta: 1.55

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Key Executives

Mr. Ravi Venkatesan (Age 48)
CEO, President & Director
Comp: $866.3k
Mr. Scott Matthew Stewart (Age 50)
Chief Financial Officer
Comp: $597.85k
Mr. Gaurav Singal (Age 46)
Chief Technology Officer
Comp: $506.67k
Ms. Anna Novoseletsky (Age 47)
Chief Legal and Compliance Officer, General Counsel & Corporate Secretary
Comp: $388.19k
Mr. Jeffrey C. Dumbrell (Age 55)
Chief Revenue Officer
Comp: $594.71k
Mr. Jared Scott Grachek (Age 38)
Chief Accounting Officer
Mr. Dave Grantier
Chief Information Officer
Ms. Alicia V. Nieva-Woodgate
Vice President of Corporate Communications & IR
Ms. Elyssa Steiner
Chief Marketing Officer
Ms. Alyssa Braniecki
Vice President of People Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CTLP Stock Analysis - Frequently Asked Questions

Should I buy or sell Cantaloupe stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cantaloupe in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CTLP shares.
View CTLP analyst ratings or view top-rated stocks.
What is Cantaloupe's stock price target for 2024?: 5 Wall Street analysts have issued 1-year target prices for Cantaloupe's stock. Their CTLP share price targets range from $9.00 to $10.50. On average, they predict the company's stock price to reach $9.70 in the next year. This suggests a possible upside of 57.5% from the stock's current price.
View analysts price targets for CTLP or view top-rated stocks among Wall Street analysts.
How have CTLP shares performed in 2024?: Cantaloupe's stock was trading at $7.41 at the beginning of 2024. Since then, CTLP shares have decreased by 16.9% and is now trading at $6.16.
View the best growth stocks for 2024 here.
When is Cantaloupe's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our CTLP earnings forecast.

How were Cantaloupe's earnings last quarter?: Cantaloupe, Inc. (NASDAQ:CTLP) posted its quarterly earnings data on Thursday, February, 8th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.02 by $0.02. The technology company had revenue of $65.36 million for the quarter, compared to analyst estimates of $66.92 million. Cantaloupe had a net margin of 5.90% and a trailing twelve-month return on equity of 8.95%.
What guidance has Cantaloupe issued on next quarter's earnings?: Cantaloupe updated its FY 2024 earnings guidance on Thursday, February, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $275.0 million-$285.0 million, compared to the consensus revenue estimate of $277.5 million.
Who are Cantaloupe's major shareholders?: Cantaloupe's stock is owned by a variety of institutional and retail investors. Top institutional investors include Wasatch Advisors LP (1.71%) and Mesirow Financial Investment Management Inc. (0.06%). Insiders that own company stock include Hudson Executive Capital Lp, Ian Jiro Harris, Lisa P Baird, Ravi Venkatesan, Scott Matthew Stewart and Sean E Feeney.
View institutional ownership trends.
How do I buy shares of Cantaloupe?: Shares of CTLP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CTLP) was last updated on 4/20/2024 by MarketBeat.com Staff

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