CTLP Stock Recent News

Cantaloupe (CTLP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Investors need to pay close attention to Cantaloupe (CTLP) stock based on the movements in the options market lately.

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.

The headline numbers for Cantaloupe (CTLP) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

MALVERN, Pa.--(BUSINESS WIRE)--Cantaloupe, Inc. (Nasdaq: CTLP) (“Cantaloupe” or the “Company”), a global leading provider of end-to-end technology solutions for self-service commerce, today reported results for the fourth quarter and fiscal year ended June 30, 2024. “It's been a strong year for Cantaloupe capped off by a solid fourth quarter,” said Ravi Venkatesan, chief executive officer, Cantaloupe. “During Fiscal Year 2024, we executed on our strategy to expand operating leverage by driving.

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.