The price-to-earnings ratio for Cantaloupe Inc (NASDAQ: CTLP) is above average at 56.30x, Company’s 36-month beta value is 1.67.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CTLP is 65.46M, and currently, short sellers hold a 4.02% ratio of that floaft. The average trading volume of CTLP on November 08, 2024 was 407.10K shares.
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CTLP) stock’s latest price update
Cantaloupe Inc (NASDAQ: CTLP) has seen a decline in its stock price by -6.91 in relation to its previous close of 9.32. However, the company has experienced a -3.49% decline in its stock price over the last five trading sessions. zacks.com reported 2024-11-07 that Although the revenue and EPS for Cantaloupe (CTLP) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
CTLP’s Market Performance
CTLP’s stock has fallen by -3.49% in the past week, with a monthly drop of -2.19% and a quarterly rise of 31.26%. The volatility ratio for the week is 2.82% while the volatility levels for the last 30 days are 3.11% for Cantaloupe Inc The simple moving average for the last 20 days is -4.57% for CTLP stock, with a simple moving average of 24.84% for the last 200 days.
Analysts’ Opinion of CTLP
Many brokerage firms have already submitted their reports for CTLP stocks, with The Benchmark Company repeating the rating for CTLP by listing it as a “Buy.” The predicted price for CTLP in the upcoming period, according to The Benchmark Company is $10 based on the research report published on February 23, 2024 of the current year 2024.
Berenberg, on the other hand, stated in their research note that they expect to see CTLP reach a price target of $9. The rating they have provided for CTLP stocks is “Buy” according to the report published on October 03rd, 2023.
B. Riley Securities gave a rating of “Buy” to CTLP, setting the target price at $10.50 in the report published on August 17th of the previous year.
CTLP Trading at 9.42% from the 50-Day Moving Average
After a stumble in the market that brought CTLP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.24% of loss for the given period.
Volatility was left at 3.11%, however, over the last 30 days, the volatility rate increased by 2.82%, as shares sank -5.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.01% upper at present.
During the last 5 trading sessions, CTLP fell by -3.00%, which changed the moving average for the period of 200-days by +29.76% in comparison to the 20-day moving average, which settled at $9.09. In addition, Cantaloupe Inc saw 17.09% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CTLP starting from Baird Lisa P., who purchase 6,000 shares at the price of $7.42 back on Sep 27 ’24. After this action, Baird Lisa P. now owns 97,319 shares of Cantaloupe Inc, valued at $44,520 using the latest closing price.
Bergeron Douglas, the Director of Cantaloupe Inc, purchase 234,134 shares at $7.41 during a trade that took place back on Sep 27 ’24, which means that Bergeron Douglas is holding 426,319 shares at $1,734,933 based on the most recent closing price.
Stock Fundamentals for CTLP
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.37 for the gross margin
The net margin for Cantaloupe Inc stands at 0.04. The total capital return value is set at 0.07. Equity return is now at value 6.81, with 3.53 for asset returns.
Based on Cantaloupe Inc (CTLP), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 0.59. The debt to equity ratio resting at 0.26. The interest coverage ratio of the stock is 4.63.
Currently, EBITDA for the company is 27.79 million with net debt to EBITDA at -0.42. When we switch over and look at the enterprise to sales, we see a ratio of 2.3. The receivables turnover for the company is 5.35for trailing twelve months and the total asset turnover is 0.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.48.
Conclusion
In a nutshell, Cantaloupe Inc (CTLP) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
