Q2 Earnings Estimate for Cantaloupe Issued By William Blair

Cantaloupe, Inc. (NASDAQ:CTLP - Free Report) - Stock analysts at William Blair cut their Q2 2025 EPS estimates for shares of Cantaloupe in a report released on Friday, November 8th. William Blair analyst C. Kennedy now anticipates that the technology company will post earnings of $0.06 per share for the quarter, down from their previous estimate of $0.07. The consensus estimate for Cantaloupe's current full-year earnings is $0.32 per share. William Blair also issued estimates for Cantaloupe's Q3 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.12 EPS, FY2025 earnings at $0.33 EPS and FY2026 earnings at $0.53 EPS.

Several other equities research analysts have also recently weighed in on the stock. Benchmark raised their price objective on shares of Cantaloupe from $10.00 to $11.00 and gave the company a "buy" rating in a research report on Friday. Northland Securities raised their price target on Cantaloupe from $10.00 to $12.00 and gave the company an "outperform" rating in a report on Monday. Craig Hallum decreased their price objective on Cantaloupe from $13.00 to $11.00 and set a "buy" rating for the company in a research note on Wednesday, September 11th. Finally, Barrington Research reaffirmed an "outperform" rating and set a $10.00 price objective on shares of Cantaloupe in a research note on Monday, November 4th.

Cantaloupe Price Performance

Cantaloupe stock traded up $0.35 during trading hours on Monday, hitting $9.22. 211,864 shares of the stock were exchanged, compared to its average volume of 336,565. The stock has a market capitalization of $672.97 million, a P/E ratio of 52.94 and a beta of 1.68. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.10 and a current ratio of 1.49. Cantaloupe has a 12 month low of $5.74 and a 12 month high of $9.67. The business's 50-day moving average is $7.93 and its two-hundred day moving average is $7.17.

Cantaloupe (NASDAQ:CTLP - Get Free Report) last released its quarterly earnings data on Tuesday, September 10th. The technology company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.02). Cantaloupe had a return on equity of 7.62% and a net margin of 4.90%. The company had revenue of $72.66 million for the quarter, compared to analyst estimates of $76.14 million. During the same quarter in the prior year, the company earned $0.04 earnings per share.

Hedge Funds Weigh In On Cantaloupe

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CTLP. Susquehanna Fundamental Investments LLC boosted its position in shares of Cantaloupe by 53.2% in the first quarter. Susquehanna Fundamental Investments LLC now owns 50,333 shares of the technology company's stock valued at $324,000 after acquiring an additional 17,479 shares during the period. First Eagle Investment Management LLC acquired a new stake in Cantaloupe during the second quarter worth approximately $2,276,000. Assenagon Asset Management S.A. bought a new stake in shares of Cantaloupe during the 2nd quarter valued at $89,000. Inspire Investing LLC acquired a new stake in shares of Cantaloupe during the 3rd quarter worth $416,000. Finally, Harbor Capital Advisors Inc. increased its position in shares of Cantaloupe by 143.2% in the second quarter. Harbor Capital Advisors Inc. now owns 82,124 shares of the technology company's stock worth $542,000 after purchasing an additional 48,356 shares during the period. 75.75% of the stock is owned by institutional investors.

Insider Transactions at Cantaloupe

In other Cantaloupe news, CEO Ravi Venkatesan purchased 8,000 shares of the business's stock in a transaction on Friday, September 13th. The shares were purchased at an average cost of $6.30 per share, with a total value of $50,400.00. Following the transaction, the chief executive officer now directly owns 136,658 shares of the company's stock, valued at $860,945.40. This represents a 0.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, CEO Ravi Venkatesan acquired 8,000 shares of the business's stock in a transaction dated Friday, September 13th. The stock was bought at an average price of $6.30 per share, with a total value of $50,400.00. Following the acquisition, the chief executive officer now owns 136,658 shares in the company, valued at $860,945.40. This represents a 0.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Douglas Bergeron bought 36,000 shares of the stock in a transaction that occurred on Monday, September 30th. The shares were purchased at an average price of $7.41 per share, for a total transaction of $266,760.00. Following the completion of the acquisition, the director now owns 462,319 shares of the company's stock, valued at $3,425,783.79. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 57,866 shares of company stock valued at $416,302 over the last 90 days. 6.30% of the stock is owned by corporate insiders.

Cantaloupe Company Profile

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.