Cantaloupe (CTLP) to Release Earnings on Thursday

Cantaloupe (NASDAQ:CTLP) will likely be posting its quarterly earnings results 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.Persons that are interested in participating in the company’s earnings 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 (EPS) for the quarter, meeting analysts’ consensus estimates of $0.04. Cantaloupe had a return on equity of 7.53% and a net margin of 4.90%. The company had revenue of $70.84 million during the quarter, compared to analysts’ expectations of $70.54 million. During the same period last year, the business earned $0.02 earnings per share. On average, analysts expect Cantaloupe to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Cantaloupe Price Performance

CTLP opened at $8.21 on Tuesday. The company’s 50 day simple moving average is $8.98 and its 200-day simple moving average is $8.20. Cantaloupe has a one year low of $5.74 and a one year high of $10.48. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.60 and a quick ratio of 1.03. The stock has a market capitalization of $599.25 million, a P/E ratio of 48.30 and a beta of 1.64.

Analysts Set New Price Targets

Several research firms recently commented on CTLP. Barrington Research reaffirmed an “outperform” rating and issued a $12.00 price objective on shares of Cantaloupe in a research report on Monday. Benchmark boosted their price target on Cantaloupe from $10.00 to $11.00 and gave the company a “buy” rating in a report on Friday, November 8th. Finally, Northland Securities increased their price objective on Cantaloupe from $10.00 to $12.00 and gave the stock an “outperform” rating in a report on Monday, November 11th.

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.