CTLP Stock Recent News

Beyond analysts' top -and-bottom-line estimates for Cantaloupe (CTLP), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.

The mean of analysts' price targets for Cantaloupe (CTLP) points to a 27.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Cantaloupe (CTLP) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

We have narrowed our search to five financial transaction stocks. These are: ENV, COIN, CTLP, RPAY, FOUR.

The mean of analysts' price targets for Cantaloupe (CTLP) points to a 40.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

PHILADELPHIA--(BUSINESS WIRE)---- $CTLP #cantaloupeinc--Cantaloupe, Inc. (Nasdaq: CTLP), a leading provider of end-to-end technology solutions for self-service commerce, is exhibiting at this year's Apartmentalize Show, June 19 through 21, in Philadelphia. Cantaloupe will be showcasing its Micro Market and Smart Cooler solutions in booth #2956, which is held at the Pennsylvania Convention Center in Philadelphia. “Bringing in the convenience of shopping for food, beverages and household necessities right into an apartme.

DETROIT--(BUSINESS WIRE)---- $CTLP #CHEQ--Cantaloupe, Inc. (Nasdaq: CTLP), a leading provider of end-to-end technology solutions for self-service commerce, and its Cheq Lifestyle Technology, Inc. brand CHEQ, is excited to announce the signing of a new deal with Detroit City FC at Keyworth Stadium to be the exclusive point-of-sale (POS) platform for all soccer games and live events at the stadium. The Detroit City FC are the first professional United States Soccer (USL) team to leverage the CHEQ POS platform. T.

Cantaloupe's Q3 results showed underperformance in subscription revenue growth, leading to a downgrade in the stock to a BUY. The company's international expansion and higher margins from payment transactions were positive factors in the results. Management reaffirmed their plan for 70% EBITDA CAGR over the next two years, indicating potential for future growth.

Cantaloupe, Inc. (NASDAQ:CTLP ) Q3 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Dara Dierks - Investor Relations Ravi Venkatesan - Chief Executive Officer Scott Stewart - Chief Financial Officer Conference Call Participants Chris Kennedy - William Blair Josh Nichols - B. Riley Gary Prestopino - Barrington Research Vijay Devar - Northland Capital Markets Operator Good day and thank you for standing by.

While the top- and bottom-line numbers for Cantaloupe (CTLP) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.