A share price of Cantaloupe Inc [CTLP] is currently trading at $9.84, up 13.49%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CTLP shares have gain 20.88% over the last week, with a monthly amount glided 10.44%, and seem to be holding up well over a long-time horizon.
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 $5.74 and $10.48. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Cantaloupe Inc [NASDAQ: CTLP] shares were valued at $9.84 at the most recent close of the market. An investor can expect a potential return of 11.79% based on the average CTLP price forecast.
Analyzing the CTLP fundamentals
Trailing Twelve Months sales for Cantaloupe Inc [NASDAQ:CTLP] were 285.11M which represents 12.80% 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 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
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 9.15 points at the first support level, and at 8.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.21, and for the 2nd resistance point, it is at 10.57.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Cantaloupe Inc [NASDAQ:CTLP] is 1.79. Further, the Quick Ratio stands at 1.10, while the Cash Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 2.52, the price to book ratio is 3.78 and price to earnings (TTM) ratio is 49.27.
Transactions by insiders
Recent insider trading involved Baird Lisa P., Director, that happened on Sep 27 ’24 when 6000.0 shares were purchased. Director, Bergeron Douglas completed a deal on Sep 27 ’24 to buy 0.23 million shares. Meanwhile, Director Bergeron Douglas bought 36000.0 shares on Sep 30 ’24.
