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NASDAQ:CTLP

Cantaloupe (CTLP) Stock Price, News & Analysis

$6.30
-0.09 (-1.41%)
(As of 09/6/2024 ET)
Today's Range
$6.26
$6.46
50-Day Range
$6.30
$7.83
52-Week Range
$5.74
$7.91
Volume
203,156 shs
Average Volume
288,910 shs
Market Capitalization
$458.70 million
P/E Ratio
39.38
Dividend Yield
N/A
Price Target
$9.75

Cantaloupe MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
54.8% Upside
$9.75 Price Target
Short Interest
Bearish
3.53% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.37mentions of Cantaloupe in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
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.

3.34 out of 5 stars

Business Services Sector

117th out of 302 stocks

Calculating & Accounting Equipment Industry

2nd 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

Cantaloupe’s Strong Financial Outlook Justifies Buy Rating and $10 Price Target
Trump’s weapon lurks in abandoned America
Unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
What Analysts Are Saying About Cantaloupe Stock
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
9/07/2024
Next Earnings (Confirmed)
9/10/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Calculating & accounting equipment
Sub-Industry
Computer Hardware
Current Symbol
NASDAQ:CTLP
Employees
220
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.75
High Stock Price Target
$10.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+54.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$630,000.00
Pretax Margin
4.97%

Debt

Sales & Book Value

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

Miscellaneous

Free Float
69,679,000
Market Cap
$458.70 million
Optionable
Optionable
Beta
1.70
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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

How have CTLP shares performed this year?

Cantaloupe's stock was trading at $7.41 at the beginning of the year. Since then, CTLP shares have decreased by 15.0% and is now trading at $6.30.
View the best growth stocks for 2024 here
.

How were Cantaloupe's earnings last quarter?

Cantaloupe, Inc. (NASDAQ:CTLP) announced its quarterly earnings data on Thursday, May, 9th. The technology company reported $0.06 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.01. The technology company earned $67.90 million during the quarter, compared to analysts' expectations of $69.57 million. Cantaloupe had a net margin of 4.85% and a trailing twelve-month return on equity of 7.36%.

Who are Cantaloupe's major shareholders?

Cantaloupe's top institutional shareholders include Disciplined Growth Investors Inc. MN (2.20%), Sargent Investment Group LLC (2.13%), First Washington CORP (0.94%) and First Eagle Investment Management LLC (0.47%). Insiders that own company stock include Hudson Executive Capital Lp, Ian Jiro Harris, Ravi Venkatesan, Lisa P Baird, 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 9/7/2024 by MarketBeat.com Staff

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