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NASDAQ:CTLP

Cantaloupe (CTLP) Stock Price, News & Analysis

Cantaloupe logo
$9.27 +0.27 (+3.00%)
(As of 11/22/2024 ET)

About Cantaloupe Stock (NASDAQ:CTLP)

Key Stats

Today's Range
$9.04
$9.31
50-Day Range
$6.33
$9.38
52-Week Range
$5.74
$9.67
Volume
587,445 shs
Average Volume
424,745 shs
Market Capitalization
$676.62 million
P/E Ratio
54.53
Dividend Yield
N/A
Price Target
$11.00
Consensus Rating
Buy

Company Overview

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. In addition, the company offers self-checkout kiosks,?smart store?concepts, and the Cantaloupe Go management platform comprising Go Mini, Go MiniX, Go Plus100, Go Plus200, Go Plus300, Go Max, Cooler Cafe, and Smart Market; Go Portal, a robust cloud-based platform; and Cheq products, which supports attended and unattended self-service kiosks for the stadium, entertainment, and festival sectors. Further, it provides integrated software services for payment or asset tracking devices in the field to connect into platform for advanced data management, analytics, route scheduling, and loyalty and reward programs; and a range of self-service hardware solutions for vending, micro-markets, amusement, arcade, commercial laundry, air/vacuum, car wash, and other applications. Additionally, the company offers professional, network infrastructure, card processing, and customer/consumer services. Cantaloupe, Inc. was formerly known as USA Technologies, Inc. The company was incorporated in 1992 and is headquartered in Malvern, Pennsylvania.

Cantaloupe Stock Analysis - MarketRank™

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73rd Percentile Overall Score

CTLP MarketRank™: 

Cantaloupe scored higher than 73% of companies evaluated by MarketBeat, and ranked 98th out of 321 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 4 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 50.00% in the coming year, from $0.32 to $0.48 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cantaloupe is 54.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.87.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cantaloupe is 54.53, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 23.59.

  • Price to Book Value per Share Ratio

    Cantaloupe has a P/B Ratio of 3.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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

    3.97% 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 6.2.
  • Change versus previous month

    Short interest in Cantaloupe has recently decreased by 1.14%, indicating that investor sentiment is improving.
  • 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

    3.97% 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 6.2.
  • Change versus previous month

    Short interest in Cantaloupe has recently decreased by 1.14%, indicating that investor sentiment is improving.
  • News Sentiment

    Cantaloupe has a news sentiment score of 1.09. 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 higher news sentiment than the 0.59 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Cantaloupe this week, compared to 3 articles on an average week.
  • Search Interest

    Only 2 people have searched for CTLP on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Cantaloupe to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 $416,302.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 6.30% 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

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CTLP Stock Analysis - Frequently Asked Questions

Cantaloupe's stock was trading at $7.41 on January 1st, 2024. Since then, CTLP shares have increased by 25.1% and is now trading at $9.27.
View the best growth stocks for 2024 here
.

Cantaloupe, Inc. (NASDAQ:CTLP) announced its quarterly earnings results on Thursday, November, 7th. The technology company reported $0.04 EPS for the quarter, meeting analysts' consensus estimates of $0.04. The technology company had revenue of $70.84 million for the quarter, compared to analyst estimates of $70.54 million. Cantaloupe had a trailing twelve-month return on equity of 7.53% and a net margin of 4.90%.

Cantaloupe's top institutional shareholders include Wasatch Advisors LP (2.21%), Disciplined Growth Investors Inc. MN (2.20%), Sargent Investment Group LLC (2.08%) and Geode Capital Management LLC (1.87%). Insiders that own company stock include Hudson Executive Capital Lp, Douglas Bergeron, Ian Jiro Harris, Ravi Venkatesan, Lisa P Baird and Scott Matthew Stewart.
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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cantaloupe investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), General Electric (GE), Netflix (NFLX) and Adobe (ADBE).

Company Calendar

Last Earnings
11/07/2024
Today
11/22/2024
Next Earnings (Estimated)
2/13/2025
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Calculating & accounting equipment
Sub-Industry
Computer Hardware
Current Symbol
NASDAQ:CTLP
Employees
359
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.00
High Stock Price Target
$12.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+18.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$11.99 million
Pretax Margin
5.29%

Debt

Sales & Book Value

Annual Sales
$276.75 million
Cash Flow
$0.35 per share
Book Value
$2.55 per share

Miscellaneous

Free Float
68,388,000
Market Cap
$676.58 million
Optionable
Optionable
Beta
1.68
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This page (NASDAQ:CTLP) was last updated on 11/23/2024 by MarketBeat.com Staff
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