A share price of Cantaloupe Inc [CTLP] is currently trading at $6.48, up 3.35%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CTLP shares have gain 3.02% over the last week, with a monthly amount glided 1.41%, and seem to be holding up well over a long-time horizon.
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On 27, March 2024, Cantaloupe, Inc. Helps Pee Dee Food Service Upgrade Micro Markets with New Kiosk Technology. In a post published today on Yahoo Finance, South Carolina-Based Pee Dee Food Service, an Affiliate of Pepsi of Florence, Officially Adopts Cantaloupe Micro Market Solutions.
From an analyst’s perspective:
Cantaloupe Inc [NASDAQ: CTLP] stock has seen the most recent analyst activity on February 23, 2024, when The Benchmark Company initiated its Buy rating and assigned the stock a price target of $10. Previously, Berenberg started tracking the stock with Buy rating on October 03, 2023, and set its price target to $9. On August 17, 2023, B. Riley Securities initiated with a Buy rating and assigned a price target of $10.50 on the stock.
Cantaloupe Inc experienced fluctuations in its stock price throughout the past year between $5.36 and $8.28. Cantaloupe Inc [NASDAQ: CTLP] shares were valued at $6.48 at the most recent close of the market.
Analyzing the CTLP fundamentals
Trailing Twelve Months sales for Cantaloupe Inc [NASDAQ:CTLP] were 252.57M which represents 6.57% growth. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.09 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.28 points at the first support level, and at 6.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.59, and for the 2nd resistance point, it is at 6.71.
Cantaloupe Inc [CTLP] reported earnings per share of $0.04 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.03/share, meaning a difference of $0.01 and a surprise factor of 33.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.02 per share as compared to estimates of $0.01 per share, a difference of $0.01 representing a surprise of 100.00%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Cantaloupe Inc [NASDAQ:CTLP] is 1.63. As well, the Quick Ratio is 1.20, while the Cash Ratio is 0.54. Considering the valuation of this stock, the price to sales ratio is 1.87, the price to book ratio is 2.72 and price to earnings (TTM) ratio is 33.11.
Transactions by insiders
Recent insider trading involved Baird Lisa P., Director, that happened on Feb 13 ’24 when 3000.0 shares were purchased. Chief Executive Officer, Venkatesan Ravi completed a deal on Feb 12 ’24 to buy 7749.0 shares. Meanwhile, Director Harris Ian Jiro bought 4250.0 shares on Sep 29 ’23.
