Cantaloupe (NASDAQ:CTLP - Get Free Report) will likely be releasing its earnings data after the market closes on Thursday, February 6th. Analysts expect Cantaloupe to post earnings of $0.06 per share and revenue of $75.41 million for the quarter. Cantaloupe has set its FY 2025 guidance at EPS.Investors that are interested in registering for the company's conference call can do so using this link.
Cantaloupe (NASDAQ:CTLP - Get Free Report) last released its earnings results on Thursday, November 7th. The technology company reported $0.04 EPS for the quarter, meeting the consensus estimate of $0.04. The firm had revenue of $70.84 million during the quarter, compared to analysts' expectations of $70.54 million. Cantaloupe had a net margin of 4.90% and a return on equity of 7.53%. During the same period in the prior year, the company earned $0.02 EPS. On average, analysts expect Cantaloupe to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Cantaloupe Stock Performance
Cantaloupe stock traded down $0.07 on Thursday, hitting $8.42. The company's stock had a trading volume of 212,770 shares, compared to its average volume of 262,546. The company has a fifty day moving average price of $9.04 and a 200-day moving average price of $8.17. The company has a quick ratio of 1.03, a current ratio of 1.60 and a debt-to-equity ratio of 0.19. Cantaloupe has a one year low of $5.74 and a one year high of $10.48. The firm has a market cap of $614.58 million, a P/E ratio of 49.53 and a beta of 1.64.
Analysts Set New Price Targets
A number of analysts recently weighed in on CTLP shares. Northland Securities increased their price target on shares of Cantaloupe from $10.00 to $12.00 and gave the company an "outperform" rating in a research report on Monday, November 11th. Benchmark increased their price target on shares of Cantaloupe from $10.00 to $11.00 and gave the company a "buy" rating in a research report on Friday, November 8th. Finally, Barrington Research reiterated an "outperform" rating and issued a $10.00 price target on shares of Cantaloupe in a research report on Monday, November 4th.
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Cantaloupe Company Profile
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Cantaloupe, Inc, a digital payments and software services company, provides technology solutions for self-service commerce market. The company offers integrated solutions for payments processing, logistics, and back-office management. It also provides G11 cashless and pulse kits that are 4G LTE digital payment devices for payment and consumer engagement applications; G11 chip kit, a digital reader that accepts contact EMV and contactless EMV payment methods; Engage series comprising Engage and Engage Combo, which are digital touchscreen devices that offers networking, security, and interactivity payment methods; and card touchscreen card readers, including P66, P100, P100Pro, and P30.
Further Reading
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