NASDAQ:CTLP

Cantaloupe (CTLP) Stock Price, News & Analysis

$6.13
-0.03 (-0.49%)
(As of 04/22/2024 ET)
Today's Range
$6.07
$6.20
50-Day Range
$6.13
$7.00
52-Week Range
$5.36
$8.28
Volume
202,223 shs
Average Volume
303,395 shs
Market Capitalization
$446.26 million
P/E Ratio
32.26
Dividend Yield
N/A
Price Target
$9.70

Cantaloupe MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
58.2% Upside
$9.70 Price Target
Short Interest
Healthy
2.62% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Cantaloupe in the last 14 days
Based on 2 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.

3.24 out of 5 stars

Business Services Sector

121st out of 307 stocks

Calculating & Accounting Equipment Industry

3rd out of 5 stocks

CTLP stock logo

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

CTLP Stock News Headlines

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AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
3 Tech Stocks Primed to Outperform the Market This Decade
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Cantaloupe Q2 2024 Earnings Preview
Earnings Preview For Cantaloupe
Main Line fintech acquires payments startup Cheq
Kirkland payments startup Cheq acquired by Cantaloupe
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Today
4/22/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Calculating & accounting equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:CTLP
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
+58.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$630,000.00
Pretax Margin
6.01%

Debt

Sales & Book Value

Annual Sales
$243.64 million
Cash Flow
$0.13 per share
Book Value
$2.27 per share

Miscellaneous

Free Float
69,667,000
Market Cap
$446.99 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

CTLP Stock Analysis - Frequently Asked Questions

Should I buy or sell Cantaloupe stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cantaloupe in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued 1-year price targets for Cantaloupe's stock. Their CTLP share price targets range from $9.00 to $10.50. On average, they anticipate the company's stock price to reach $9.70 in the next year. This suggests a possible upside of 58.2% 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 on January 1st, 2024. Since then, CTLP shares have decreased by 17.3% and is now trading at $6.13.
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) issued its earnings results on Thursday, February, 8th. The technology company reported $0.04 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.02. The technology company earned $65.36 million during the quarter, compared to analyst estimates of $66.92 million. Cantaloupe had a trailing twelve-month return on equity of 8.95% and a net margin of 5.90%.

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

Cantaloupe updated its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share (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 number of retail and institutional investors. Top institutional shareholders 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 4/22/2024 by MarketBeat.com Staff

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