Cantaloupe (CTLP) Set to Announce Earnings on Thursday

Cantaloupe (NASDAQ:CTLPGet Free Report) is scheduled to post its quarterly earnings results after the market closes on Thursday, February 8th. Analysts expect Cantaloupe to post earnings of $0.02 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Cantaloupe (NASDAQ:CTLPGet Free Report) last issued its earnings results on Thursday, November 9th. The technology company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.01. Cantaloupe had a net margin of 4.51% and a return on equity of 6.96%. The firm had revenue of $62.68 million for the quarter, compared to analysts’ expectations of $64.23 million. On average, analysts expect Cantaloupe to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Cantaloupe Stock Down 1.9 %

Shares of Cantaloupe stock opened at $6.81 on Thursday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.17 and a current ratio of 1.53. Cantaloupe has a 52-week low of $4.82 and a 52-week high of $8.28. The stock has a market capitalization of $495.29 million, a price-to-earnings ratio of 48.64 and a beta of 1.70. The company’s 50 day moving average price is $7.07 and its 200-day moving average price is $7.04.

Wall Street Analysts Forecast Growth

Separately, Barrington Research reiterated an “outperform” rating and issued a $10.00 price target on shares of Cantaloupe in a report on Wednesday, January 3rd. Four investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Cantaloupe presently has a consensus rating of “Buy” and an average target price of $9.63.

Read Our Latest Stock Analysis on CTLP

Institutional Trading of Cantaloupe

Hedge funds have recently modified their holdings of the business. AQR Capital Management LLC bought a new stake in shares of Cantaloupe during the 2nd quarter valued at $81,000. Mackenzie Financial Corp purchased a new position in shares of Cantaloupe in the 4th quarter worth about $74,000. Principal Financial Group Inc. purchased a new position in shares of Cantaloupe in the 1st quarter worth about $72,000. Engineers Gate Manager LP raised its position in shares of Cantaloupe by 31.7% in the 4th quarter. Engineers Gate Manager LP now owns 16,629 shares of the technology company’s stock worth $72,000 after purchasing an additional 4,002 shares during the last quarter. Finally, Barclays PLC raised its position in shares of Cantaloupe by 533.2% in the 4th quarter. Barclays PLC now owns 15,685 shares of the technology company’s stock worth $68,000 after purchasing an additional 13,208 shares during the last quarter. Institutional investors own 74.45% of the company’s stock.

Cantaloupe Company Profile

(Get Free Report)

Cantaloupe, Inc, a digital payments and software services company, provides technology solutions for the unattended retail market. The company offers integrated solutions for payments processing, logistics, and back-office management. It also provides ePort, an integrated payment device that is deployed in self-service, unattended market applications, such as vending, micro-markets, amusement, arcade, commercial laundry, air/vacuum, car wash, and others, which facilitates digital payments; and integrated software services for payment or asset tracking devices.

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Earnings History for Cantaloupe (NASDAQ:CTLP)

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