Cantaloupe (NASDAQ:CTLP - Get Free Report) announced its earnings results on Thursday. The technology company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.01, Zacks reports. Cantaloupe had a return on equity of 8.45% and a net margin of 5.40%. During the same quarter in the prior year, the company posted $0.04 EPS. Cantaloupe updated its FY 2025 guidance to EPS.
Cantaloupe Price Performance
CTLP stock traded up $0.09 on Monday, hitting $9.93. 481,046 shares of the company's stock traded hands, compared to its average volume of 308,194. The company has a current ratio of 1.60, a quick ratio of 1.03 and a debt-to-equity ratio of 0.19. The stock has a market cap of $724.75 million, a price-to-earnings ratio of 49.65 and a beta of 1.64. Cantaloupe has a 1-year low of $5.74 and a 1-year high of $10.48. The stock has a fifty day moving average of $8.97 and a 200-day moving average of $8.26.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on CTLP shares. Benchmark upped their price objective on shares of Cantaloupe from $10.00 to $11.00 and gave the stock a "buy" rating in a report on Friday, November 8th. Northland Securities increased their price objective on shares of Cantaloupe from $10.00 to $12.00 and gave the company an "outperform" rating in a report on Monday, November 11th. Finally, Barrington Research reissued an "outperform" rating and set a $12.00 target price on shares of Cantaloupe in a report on Monday, February 3rd.
Check Out Our Latest Stock Analysis on CTLP
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.
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