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NASDAQ:CTLP

Cantaloupe (CTLP) Stock Price, News & Analysis

$6.39
+0.04 (+0.63%)
(As of 09/17/2024 ET)

About Cantaloupe Stock (NASDAQ:CTLP)

Key Stats

Today's Range
$6.38
$6.72
50-Day Range
$6.24
$7.83
52-Week Range
$5.74
$7.91
Volume
1.04 million shs
Average Volume
301,361 shs
Market Capitalization
$465.26 million
P/E Ratio
39.94
Dividend Yield
N/A
Price Target
$10.00
Consensus Rating
Buy

Company Overview

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.

Cantaloupe Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 83rd Percentile

Cantaloupe scored higher than 83% of companies evaluated by MarketBeat, and ranked 96th out of 348 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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 4 research reports in the past 90 days.

  • Read more about Cantaloupe's stock forecast and price target.
  • Earnings Growth

    Earnings for Cantaloupe are expected to grow by 51.61% in the coming year, from $0.31 to $0.47 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cantaloupe is 39.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.27.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cantaloupe is 39.94, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 42.85.

  • Price to Book Value per Share Ratio

    Cantaloupe has a P/B Ratio of 2.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Cantaloupe's valuation and earnings.
  • Percentage of Shares Shorted

    3.58% 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 8.9.
  • Change versus previous month

    Short interest in Cantaloupe has recently increased by 1.28%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Cantaloupe does not currently pay a dividend.

  • Dividend Growth

    Cantaloupe does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.58% 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 8.9.
  • Change versus previous month

    Short interest in Cantaloupe has recently increased by 1.28%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Cantaloupe has a news sentiment score of 0.49. 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 0.69 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 36 news articles for Cantaloupe this week, compared to 2 articles on an average week.
  • Search Interest

    2 people have searched for CTLP on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Cantaloupe to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cantaloupe insiders have bought more of their company's stock than they have sold. Specifically, they have bought $50,400.00 in company stock and sold $0.00 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.

  • Read more about Cantaloupe's insider trading history.
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CTLP Stock News Headlines

Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
Cantaloupe (NASDAQ:CTLP) Stock Rating Reaffirmed by Barrington Research
See More Headlines

CTLP Stock Analysis - Frequently Asked Questions

Cantaloupe's stock was trading at $7.41 on January 1st, 2024. Since then, CTLP shares have decreased by 13.8% and is now trading at $6.39.
View the best growth stocks for 2024 here
.

Cantaloupe, Inc. (NASDAQ:CTLP) issued its quarterly earnings data on Tuesday, September, 10th. The technology company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.05 by $0.02. The technology company earned $72.66 million during the quarter, compared to analyst estimates of $76.14 million. Cantaloupe had a net margin of 4.47% and a trailing twelve-month return on equity of 6.83%.

Top institutional shareholders of Cantaloupe 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
.

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.

Company Calendar

Last Earnings
9/10/2024
Today
9/17/2024
Next Earnings (Estimated)
11/14/2024
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
$10.00
High Stock Price Target
$11.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+49.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$630,000.00
Pretax Margin
4.83%

Debt

Sales & Book Value

Annual Sales
$268.60 million
Cash Flow
$0.36 per share
Book Value
$2.27 per share

Miscellaneous

Free Float
69,679,000
Market Cap
$485.64 million
Optionable
Optionable
Beta
1.70
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This page (NASDAQ:CTLP) was last updated on 9/17/2024 by MarketBeat.com Staff
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