Q1 Earnings Estimate for Cantaloupe Issued By William Blair

Cantaloupe, Inc. (NASDAQ:CTLP) – William Blair lowered their Q1 2025 EPS estimates for Cantaloupe in a research report issued on Friday, October 18th. William Blair analyst C. Kennedy now anticipates that the technology company will earn $0.05 per share for the quarter, down from their previous forecast of $0.07. The consensus estimate for Cantaloupe’s current full-year earnings is $0.31 per share. William Blair also issued estimates for Cantaloupe’s Q3 2025 earnings at $0.09 EPS and Q4 2025 earnings at $0.09 EPS.

A number of other research firms also recently commented on CTLP. Craig Hallum decreased their target price on Cantaloupe from $13.00 to $11.00 and set a “buy” rating for the company in a report on Wednesday, September 11th. Benchmark restated a “buy” rating and set a $10.00 price objective on shares of Cantaloupe in a research note on Wednesday, September 11th. Northland Securities reiterated an “outperform” rating and issued a $10.00 price objective on shares of Cantaloupe in a research note on Friday, July 12th. Finally, Barrington Research reissued an “outperform” rating and set a $10.00 target price on shares of Cantaloupe in a report on Friday, September 13th.

Cantaloupe Stock Down 0.1 %

Cantaloupe stock opened at $9.24 on Monday. The business’s 50-day simple moving average is $7.32 and its two-hundred day simple moving average is $6.90. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.10 and a current ratio of 1.49. The company has a market cap of $672.76 million, a PE ratio of 57.75 and a beta of 1.71. Cantaloupe has a fifty-two week low of $5.74 and a fifty-two week high of $9.35.

Cantaloupe (NASDAQ:CTLP) last released its earnings results on Tuesday, September 10th. The technology company reported $0.03 earnings per share (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 analyst estimates of $76.14 million. Cantaloupe had a net margin of 4.47% and a return on equity of 6.83%. During the same period in the previous year, the company earned $0.04 earnings per share.

Insiders Place Their Bets

In other news, Director Douglas Bergeron purchased 36,000 shares of the company’s stock in a transaction that occurred on Monday, September 30th. The shares were bought at an average price of $7.41 per share, for a total transaction of $266,760.00. Following the completion of the transaction, the director now owns 462,319 shares in the company, valued at $3,425,783.79. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. In other Cantaloupe news, Director Douglas Bergeron purchased 36,000 shares of the business’s stock in a transaction that occurred on Monday, September 30th. The stock was purchased at an average price of $7.41 per share, for a total transaction of $266,760.00. Following the purchase, the director now directly owns 462,319 shares in the company, valued at approximately $3,425,783.79. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ravi Venkatesan purchased 8,000 shares of the stock in a transaction on Friday, September 13th. The shares were acquired at an average price of $6.30 per share, for a total transaction of $50,400.00. Following the transaction, the chief executive officer now directly owns 136,658 shares of the company’s stock, valued at $860,945.40. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 57,866 shares of company stock worth $416,302. Corporate insiders own 4.30% of the company’s stock.

Institutional Investors Weigh In On Cantaloupe

A number of institutional investors have recently added to or reduced their stakes in CTLP. ARS Investment Partners LLC boosted its holdings in Cantaloupe by 3.4% in the 2nd quarter. ARS Investment Partners LLC now owns 50,059 shares of the technology company’s stock worth $330,000 after buying an additional 1,650 shares during the last quarter. ClariVest Asset Management LLC boosted its stake in shares of Cantaloupe by 2.8% in the second quarter. ClariVest Asset Management LLC now owns 112,469 shares of the technology company’s stock worth $742,000 after acquiring an additional 3,011 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Cantaloupe by 23.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 17,109 shares of the technology company’s stock worth $111,000 after purchasing an additional 3,197 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in Cantaloupe by 15.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 24,079 shares of the technology company’s stock valued at $159,000 after purchasing an additional 3,210 shares during the last quarter. Finally, Jupiter Asset Management Ltd. lifted its holdings in Cantaloupe by 11.4% in the 1st quarter. Jupiter Asset Management Ltd. now owns 34,558 shares of the technology company’s stock valued at $222,000 after purchasing an additional 3,536 shares in the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

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.