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 ...

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 ...

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, 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 ...

For the quarter ended June 2024, Cantaloupe (CTLP) reported revenue of $72.66 million, up 13.2% over the same period last year. EPS came in at $0.03, compared to $0.04 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $76.14 million, representing a surprise of -4.57%. The company delivered an EPS surprise of -40.00%, with the consensus EPS estimate being $0.05. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

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 ...

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 | --- | --- | |----------------------------------------------------------------|----------------------------- ...

Wall Street analysts forecast that Cantaloupe (CTLP) will report quarterly earnings of $0.05 per share in its upcoming release, pointing to a year-over-year increase of 25%. It is anticipated that revenues will amount to $76.14 million, exhibiting an increase of 18.7% compared to the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this time ...

Cantaloupe (CTLP) closed the last trading session at $7.79, gaining 19.1% 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 $9.90 indicates a 27.1% upside potential. The average comprises five short-term price targets ranging from a low of $9 to a high of $10.50, with a standard deviation of $0.55. While the lowest estimate indicates an increase of 15.5% from the current price level, ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the s ...