Cantaloupe (CTLP) Projected to Post 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.Individual interested in registering for the company’s earnings conference call can do so using this link.

Cantaloupe (NASDAQ:CTLP) last posted its quarterly earnings results on Thursday, November 7th. The technology company reported $0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.04. The firm had revenue of $70.84 million for the quarter, compared to analysts’ expectations of $70.54 million. Cantaloupe had a net margin of 4.90% and a return on equity of 7.53%. During the same period in the prior year, the company posted $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 Trading Up 2.0 %

CTLP opened at $8.49 on Thursday. The stock has a market capitalization of $619.65 million, a PE ratio of 49.94 and a beta of 1.64. The firm’s fifty day moving average price is $9.04 and its 200 day moving average price is $8.17. 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 12-month low of $5.74 and a 12-month high of $10.48.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Benchmark upped their price target on shares of Cantaloupe from $10.00 to $11.00 and gave the company a “buy” rating in a report on Friday, November 8th. Northland Securities increased their target price on shares of Cantaloupe from $10.00 to $12.00 and gave the stock an “outperform” rating in a report on Monday, November 11th. Finally, Barrington Research reissued an “outperform” rating and set a $10.00 target price on shares of Cantaloupe in a report on Monday, November 4th.

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.