Cantaloupe (CTLP) Projected to Post Earnings on Thursday

Cantaloupe (NASDAQ:CTLP) is projected to release 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 interested in registering for the company’s conference call can do so using this link.

Cantaloupe (NASDAQ:CTLP) last issued its quarterly earnings data on Thursday, November 7th. The technology company reported $0.04 earnings per share for the quarter, meeting the consensus estimate of $0.04. Cantaloupe had a return on equity of 7.53% and a net margin of 4.90%. The business had revenue of $70.84 million for the quarter, compared to analysts’ expectations of $70.54 million. During the same period last year, the business 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

NASDAQ CTLP opened at $8.42 on Wednesday. The company has a fifty day moving average price of $8.96 and a 200-day moving average price of $8.21. The firm has a market cap of $614.58 million, a price-to-earnings ratio of 49.53 and a beta of 1.64. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.60 and a quick ratio of 1.03. Cantaloupe has a 1 year low of $5.74 and a 1 year high of $10.48.

Wall Street Analyst Weigh In

CTLP has been the subject of a number of recent analyst reports. Northland Securities upped their price objective on shares of Cantaloupe from $10.00 to $12.00 and gave the stock an “outperform” rating in a research report on Monday, November 11th. Benchmark increased their price target on 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 set a $12.00 price target on shares of Cantaloupe in a report on Monday.

About Cantaloupe

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.