Brokers Offer Predictions for Cantaloupe, Inc.’s Q1 2025 Earnings (NASDAQ:CTLP)

Cantaloupe, Inc. (NASDAQ:CTLP) – Stock analysts at B. Riley issued their Q1 2025 EPS estimates for Cantaloupe in a research note issued on Wednesday, September 11th. B. Riley analyst J. Nichols forecasts that the technology company will post earnings of $0.03 per share for the quarter. The consensus estimate for Cantaloupe’s current full-year earnings is $0.31 per share. B. Riley also issued estimates for Cantaloupe’s Q2 2025 earnings at $0.06 EPS, Q3 2025 earnings at $0.10 EPS and Q4 2025 earnings at $0.13 EPS.

Cantaloupe (NASDAQ:CTLP) last posted its earnings results on Tuesday, September 10th. The technology company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.02). The firm had revenue of $72.66 million during the quarter, compared to the consensus estimate of $76.14 million. Cantaloupe had a net margin of 4.47% and a return on equity of 6.83%. During the same quarter in the prior year, the business posted $0.04 earnings per share.

CTLP has been the subject of several other reports. Benchmark restated a “buy” rating and issued a $10.00 price target on shares of Cantaloupe in a research report on Wednesday. Northland Securities reaffirmed an “outperform” rating and set a $10.00 target price on shares of Cantaloupe in a report on Friday, July 12th. Craig Hallum decreased their price target on Cantaloupe from $13.00 to $11.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $10.00 price objective on shares of Cantaloupe in a research note on Friday. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, Cantaloupe has a consensus rating of “Buy” and an average price target of $10.00.

Cantaloupe Stock Up 1.3 %

Shares of NASDAQ CTLP opened at $6.32 on Friday. The company has a 50 day simple moving average of $6.89 and a 200 day simple moving average of $6.61. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.49 and a quick ratio of 1.17. Cantaloupe has a 1 year low of $5.74 and a 1 year high of $7.91. The firm has a market cap of $461.30 million, a PE ratio of 39.50 and a beta of 1.70.

Institutional Trading of Cantaloupe

A number of institutional investors have recently bought and sold shares of the company. Susquehanna Fundamental Investments LLC raised its position in shares of Cantaloupe by 53.2% in the 1st quarter. Susquehanna Fundamental Investments LLC now owns 50,333 shares of the technology company’s stock worth $324,000 after acquiring an additional 17,479 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in Cantaloupe in the second quarter valued at approximately $89,000. Advisory Services Network LLC bought a new position in shares of Cantaloupe during the 4th quarter worth approximately $461,000. Harbor Capital Advisors Inc. boosted its holdings in shares of Cantaloupe by 143.2% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 82,124 shares of the technology company’s stock worth $542,000 after buying an additional 48,356 shares in the last quarter. Finally, Janus Henderson Group PLC grew its position in shares of Cantaloupe by 152.7% during the 1st quarter. Janus Henderson Group PLC now owns 99,321 shares of the technology company’s stock worth $638,000 after buying an additional 60,013 shares during the period. Institutional investors own 75.75% of the company’s stock.

About Cantaloupe

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.