Cantaloupe (CTLP)

• Market cap: $605M
• 1 day: 1.72%
• 5 days: 0.85%
• 1 month: -11.34%
• 3 months: -10.28%
• 6 months: 15.30%
• Year to date: -11.15%
• 1 year: 22.27%
• 5 years: 0.36%
• 10 years: 390.53%
• Sector: Information Technology
• Industry: Calculating & Accounting Machines, Except Electronic Computers

About: Cantaloupe Inc operates in the small ticket electronic payments industry. It provides wireless, cashless, micro-transactions, and networking services within the unattended Point of Sale (POS) market. Its products and services portfolio consists of ePort Cashless devices, eSuds, EnergyMisers, and Value-added services which include Loyalty and Prepaid, Intelligent Vending, and others. The company offers services to different industries covering car wash, taxi and transportation, laundry, vending, kiosk, amusement, and arcade. The company derives revenue from the sale or lease of equipment and services to the small ticket, unattended POS market, and the majority of its revenue is derived from subscription and transaction fees.

Employees: 360

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

109% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 11

25% more call options, than puts

Call options by funds: $1.09M | Put options by funds: $873K

13% more capital invested

Capital invested by funds: $356M [Q2] → $403M (+$46.8M) [Q3]

7% more funds holding

Funds holding: 135 [Q2] → 145 (+10) [Q3]

8% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 39

0.54% more ownership

Funds ownership: 74.14% [Q2] → 74.68% (+0.54%) [Q3]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $11 33% upside
• Avg. target: $11.67 41% upside
• High target: $12 45% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

Northland Capital Markets Michael Latimore 48% 1-year accuracy 14 / 29 met price target	45% upside $12	Outperform Maintained	11 Nov 2024
Barrington Research Gary Prestopino 65% 1-year accuracy 86 / 133 met price target	45% upside $12	Outperform Maintained	8 Nov 2024
Benchmark Mark Palmer 79% 1-year accuracy 69 / 87 met price target	33% upside $11	Buy Maintained	8 Nov 2024