Cantaloupe Inc [CTLP] stock prices are up 4.58% to $9.82 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The CTLP shares have gain 12.23% over the last week, with a monthly amount glided 27.53%, 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.
The stock price of Cantaloupe Inc [CTLP] has been fluctuating between $5.82 and $11.36 over the past year. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Cantaloupe Inc [NASDAQ: CTLP] shares were valued at $9.82 at the most recent close of the market. An investor can expect a potential return of 12.02% based on the average CTLP price forecast.
Analyzing the CTLP fundamentals
The Cantaloupe Inc [NASDAQ:CTLP] reported sales of 292.64M for trailing twelve months, representing a surge of 11.09%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.3 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It’s worth pointing out that Cantaloupe Inc [NASDAQ:CTLP]’s Current Ratio is 1.78. On the other hand, the Quick Ratio is 1.21, and the Cash Ratio is 0.57. Considering the valuation of this stock, the price to sales ratio is 2.45, the price to book ratio is 2.98 and price to earnings (TTM) ratio is 12.36.
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.
