NASDAQ:CTLP

Cantaloupe (CTLP) Stock Forecast, Price & News

$7.36

-0.01 (-0.14%)

(As of 06/9/2023 ET)

Compare

Today's Range: $7.28
▼
$7.42
50-Day Range: $5.46
▼
$7.37
52-Week Range: $2.77
▼
$7.41

Volume: 241,111 shs
Average Volume: 332,860 shs
Market Capitalization: $533.75 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $9.50

Cantaloupe MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 29.1% Upside
$9.50 Price Target
Short Interest: Healthy
0.81% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.45
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 2,100.00%
From $0.01 to $0.22 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.72 out of 5 stars

Business Services Sector

123rd out of 329 stocks

Calculating & Accounting Equipment Industry

1st out of 3 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 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $9.50, Cantaloupe has a forecasted upside of 29.1% from its current price of $7.36.
Amount of Analyst Coverage
Cantaloupe has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.81% 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 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Cantaloupe has recently decreased by 10.71%, indicating that investor sentiment is improving significantly.

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.

1.9

News and Social Media Coverage

News Sentiment
Cantaloupe has a news sentiment score of 0.45. 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 lower news sentiment than the 0.73 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Cantaloupe this week, compared to 3 articles on an average week.
Search Interest
3 people have searched for CTLP on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cantaloupe insiders have not sold or bought any company stock.
Percentage Held by Insiders
20.40% of the stock of Cantaloupe is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
79.81% of the stock of Cantaloupe is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Cantaloupe are expected to grow by 2,100.00% in the coming year, from $0.01 to $0.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cantaloupe is -92.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cantaloupe is -92.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Cantaloupe has a P/B Ratio of 3.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Cantaloupe (NASDAQ:CTLP) Stock

Cantaloupe, Inc. is a digital payments and software services company, which engages in the provision of end-to-end technology solutions for the unattended retail market. The firm focuses on transforming the unattended retail community by offering one integrated solution for payments processing, logistics, and back-office management. The company was founded by George Raymond Jensen Jr. in January 1992 and is headquartered in Malvern, PA.

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CTLP Stock News Headlines

June 6, 2023 | bizjournals.com

Malvern fintech settles with SEC over accounting fraud claims

May 29, 2023 | americanbankingnews.com

Cantaloupe, Inc. (NASDAQ:CTLP) Sees Large Decline in Short Interest

June 10, 2023 | Behind the Markets (Ad)

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May 24, 2023 | yahoo.com

How to Cut a Cantaloupe

May 23, 2023 | finance.yahoo.com

Cantaloupe Moves to AWS Cloud Services As It Expands Globally

May 22, 2023 | finance.yahoo.com

With 49% stake, Cantaloupe, Inc. (NASDAQ:CTLP) seems to have captured institutional investors' interest

May 20, 2023 | americanbankingnews.com

Investors Buy Large Volume of Cantaloupe Call Options (NASDAQ:CTLP)

May 16, 2023 | finance.yahoo.com

Cantaloupe, Inc. to Participate in Upcoming Investor Conferences

June 10, 2023 | Behind the Markets (Ad)

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On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...

May 10, 2023 | finance.yahoo.com

Cantaloupe Unveils New Seed Pick Easy Solution at NAMA

May 9, 2023 | americanbankingnews.com

Brokers Offer Predictions for Cantaloupe, Inc.'s Q4 2023 Earnings (NASDAQ:CTLP)

May 8, 2023 | finance.yahoo.com

Cantaloupe Introduces Cantaloupe Go Solutions for Self-Service Commerce at The NAMA 2023 Show

May 8, 2023 | americanbankingnews.com

Cantaloupe (NASDAQ:CTLP) Price Target Increased to $9.00 by Analysts at Craig Hallum

May 6, 2023 | finance.yahoo.com

Cantaloupe Third Quarter 2023 Earnings: EPS Beats Expectations

May 5, 2023 | finance.yahoo.com

Cantaloupe, Inc. Reports Third Quarter of Fiscal Year 2023 Financial Results

May 3, 2023 | americanbankingnews.com

Cantaloupe (CTLP) to Release Quarterly Earnings on Thursday

April 26, 2023 | finance.yahoo.com

Cantaloupe Releases 2023 Micropayment Trends Report

April 20, 2023 | finance.yahoo.com

Cantaloupe, Inc. to Report Third Quarter Fiscal Year 2023 Results on May 4, 2023

April 18, 2023 | finance.yahoo.com

Cantaloupe Expands its GlobalConnect Partnership with the "Bistro to Go!" Kiosk by Cantaloupe

April 13, 2023 | technews.tmcnet.com

Cantaloupe CEO Ravi Venkatesan Appointed to the Board of FinTech Atlanta

April 12, 2023 | baystreet.ca

Cantaloupe Flat on Introducing New App

April 12, 2023 | tmcnet.com

Cantaloupe Releases New Seed Driver Mobile App Available on Both Apple and Android

April 12, 2023 | benzinga.com

Cantaloupe Shareholder Action Reminder

April 2, 2023 | americanbankingnews.com

Cantaloupe, Inc. (NASDAQ:CTLP) Short Interest Update

February 18, 2023 | benzinga.com

Cantaloupe Shareholder Notice

February 15, 2023 | finance.yahoo.com

Cantaloupe Leads the Way with "The 46" - The Most Accessible Kiosk in the Micro Market Industry

February 10, 2023 | insidermonkey.com

Cantaloupe, Inc. (NASDAQ:CTLP) Q2 2023 Earnings Call Transcript

See More Headlines

CTLP Price History

30 days | 90 days | 365 days | Advanced Chart

CTLP Company Calendar

Last Earnings: 2/07/2023
Today: 6/10/2023
Fiscal Year End: 6/30/2023
Next Earnings (Estimated): 9/14/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Calculating & accounting equipment
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:CTLP
CUSIP: N/A
CIK: 896429
Web: www.usatech.com
Phone: (610) 989-0340
Fax: 610-989-0344
Employees: 180
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $9.50
High Stock Price Forecast: $10.00
Low Stock Price Forecast: $9.00
Forecasted Upside/Downside: +29.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.08)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 736.00
P/E Growth: N/A
Net Income: $-1,700,000.00
Net Margins: -1.80%
Pretax Margin: -1.77%
Return on Equity: -2.78%
Return on Assets: -1.61%

Debt

Debt-to-Equity Ratio: 0.24
Current Ratio: 1.49
Quick Ratio: 1.11

Sales & Book Value

Annual Sales: $205.20 million
Price / Sales: 2.60
Cash Flow: $0.05 per share
Price / Cash Flow: 139.01
Book Value: $2.21 per share
Price / Book: 3.33

Miscellaneous

Outstanding Shares: 72,520,000
Free Float: 57,725,000
Market Cap: $533.75 million
Optionable: Optionable
Beta: 1.76

Key Executives

Ravi Venkatesan
Director, Chief Executive & Operating Officer

Scott Stewart
Chief Financial Officer

Paul Hamman
Chief Information Security Officer

Dave Grantier
Chief Information Officer

Gaurav Singal
Chief Technology Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CTLP Stock - Frequently Asked Questions

Should I buy or sell Cantaloupe stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cantaloupe in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CTLP shares.
View CTLP analyst ratings or view top-rated stocks.
What is Cantaloupe's stock price forecast for 2023?: 1 brokers have issued twelve-month price objectives for Cantaloupe's stock. Their CTLP share price forecasts range from $9.00 to $10.00. On average, they predict the company's stock price to reach $9.50 in the next year. This suggests a possible upside of 29.1% 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 2023?: Cantaloupe's stock was trading at $4.35 on January 1st, 2023. Since then, CTLP stock has increased by 69.2% and is now trading at $7.36.
View the best growth stocks for 2023 here.
When is Cantaloupe's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, September 14th 2023.
View our CTLP earnings forecast.
How were Cantaloupe's earnings last quarter?: Cantaloupe, Inc. (NASDAQ:CTLP) released its quarterly earnings data on Tuesday, February, 7th. The technology company reported ($0.01) EPS for the quarter, hitting analysts' consensus estimates of ($0.01). The technology company had revenue of $61.33 million for the quarter, compared to the consensus estimate of $58.95 million. Cantaloupe had a negative trailing twelve-month return on equity of 2.78% and a negative net margin of 1.80%. During the same quarter last year, the company earned ($0.01) earnings per share.
What ETFs hold Cantaloupe's stock?: ETFs with the largest weight of Cantaloupe (NASDAQ:CTLP) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC).ETFMG Prime Mobile Payments ETF (IPAY).

What guidance has Cantaloupe issued on next quarter's earnings?: Cantaloupe updated its FY 2023 earnings guidance on Thursday, May, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $240.00 million-$250.00 million, compared to the consensus revenue estimate of $245.79 million.
What is Cantaloupe's stock symbol?: Cantaloupe trades on the NASDAQ under the ticker symbol "CTLP."
Who are Cantaloupe's major shareholders?: Cantaloupe's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.45%), Toronto Dominion Bank (4.24%), Nierenberg Investment Management Company Inc. (3.14%), Wasatch Advisors LP (2.68%), Sargent Investment Group LLC (2.50%) and Deutsche Bank AG (1.70%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Cantaloupe's stock price today?: One share of CTLP stock can currently be purchased for approximately $7.36.
How much money does Cantaloupe make?: Cantaloupe (NASDAQ:CTLP) has a market capitalization of $533.75 million and generates $205.20 million in revenue each year. The technology company earns $-1,700,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis.
How many employees does Cantaloupe have?: The company employs 180 workers across the globe.
How can I contact Cantaloupe?: Cantaloupe's mailing address is 100 DEERFIELD LANE SUITE 300, MALVERN PA, 19355. The official website for the company is www.usatech.com. The technology company can be reached via phone at (610) 989-0340, via email at monica@blueshirtgroup.com, or via fax at 610-989-0344.

This page (NASDAQ:CTLP) was last updated on 6/10/2023 by MarketBeat.com Staff

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