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Cantaloupe: 15-20% Growth And Operating Leverage
Seeking Alpha· 2024-10-03 21:34
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Recent Price Trend in Cantaloupe (CTLP) is Your Friend, Here's Why
ZACKS· 2024-10-02 13:50
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. - ...
Wall Street Analysts Think Cantaloupe (CTLP) Could Surge 42.07%: Read This Before Placing a Bet
ZACKS· 2024-09-25 14:55
Cantaloupe (CTLP) closed the last trading session at $7.25, gaining 5.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $10.30 indicates a 42.1% upside potential. The mean estimate comprises five short-term price targets with a standard deviation of $0.45. While the lowest estimate of $10 indicates a 37.9% increase from the current price level, the most optimistic analyst expects ...
Cantaloupe (CTLP) Soars 6.2%: Is Further Upside Left in the Stock?
ZACKS· 2024-09-24 17:25
Cantaloupe (CTLP) shares ended the last trading session 6.2% higher at $7.16. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 3% loss over the past four weeks. The upside is driven by Cantaloupe's strength in its robust end-to-end technology suite, which includes solutions such as micro-payment processing, self-checkout kiosks, mobile ordering and connected POS systems. The company handles more than a billion trans ...
Cantaloupe (CTLP) Upgraded to Buy: Here's What You Should Know
ZACKS· 2024-09-18 17:06
Investors might want to bet on Cantaloupe (CTLP) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Individual inve ...
Is the Options Market Predicting a Spike in Cantaloupe (CTLP) Stock?
ZACKS· 2024-09-16 13:41
Investors in Cantaloupe, Inc. (CTLP) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 20, 2024 $2.50 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could als ...
Cantaloupe(CTLP) - 2024 Q4 - Earnings Call Transcript
2024-09-11 00:27
Cantaloupe, Inc. (NASDAQ:CTLP) Q4 2024 Earnings Conference Call September 10, 2024 5:00 PM ET Company Participants Ravi Venkatesan - Chief Executive Officer Scott Stewart - Chief Financial Officer Conference Call Participants Cristopher Kennedy - William Blair Josh Nichols - B. Riley Gary Prestopino - Barrington Research Mike Latimore - Northland Capital Markets George Sutton - Craig Hallum Operator Hello, and thank you for standing by. Welcome to Cantaloupe Fourth Quarter Fiscal Year 2024 Earnings Conferen ...
Here's What Key Metrics Tell Us About Cantaloupe (CTLP) Q4 Earnings
ZACKS· 2024-09-10 23:00
Core Insights - Cantaloupe (CTLP) reported revenue of $72.66 million for the quarter ended June 2024, reflecting a year-over-year increase of 13.2% but falling short of the Zacks Consensus Estimate of $76.14 million, resulting in a revenue surprise of -4.57% [1] - The company's EPS was $0.03, down from $0.04 in the same quarter last year, with an EPS surprise of -40.00% compared to the consensus estimate of $0.05 [1] Financial Performance Metrics - Cantaloupe's gross margin for equipment sales was reported at 7.2%, exceeding the average estimate of 6.1% from two analysts [6] - The gross margin for subscription and transaction fees was 40.1%, slightly below the average estimate of 43.5% from two analysts [6] - Revenue from subscription and transaction fees totaled $41.20 million, which is lower than the average estimate of $42.77 million but represents a year-over-year increase of 16% [4] - Revenue from equipment sales was reported at $61.13 million, compared to the average estimate of $63.08 million, marking a year-over-year increase of 15.4% [6] - Subscription fees generated $19.90 million, slightly below the estimated $20.05 million, but still reflecting a 14% increase compared to the previous year [7] Stock Performance - Over the past month, Cantaloupe's shares have returned -3.3%, contrasting with the Zacks S&P 500 composite's increase of +2.5% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]
Cantaloupe (CTLP) Misses Q4 Earnings and Revenue Estimates
ZACKS· 2024-09-10 22:16
Cantaloupe (CTLP) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -40%. A quarter ago, it was expected that this electronic payment and wireless networking company would post earnings of $0.05 per share when it actually produced earnings of $0.06, delivering a surprise of 20%. Over th ...
Cantaloupe(CTLP) - 2024 Q4 - Annual Report
2024-09-10 20:36
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE EXCHANGE ACT OF 1934 For the transition period from ____________________ to _____________________ Commission file number 001-33365 | --- | --- | |----------------------------------------------------------------|----------------------------- ...