Should I buy or sell TransAct Technologies stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TransAct Technologies in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TACT shares. View TACT analyst ratings or view top-rated stocks .

What is TransAct Technologies' stock price target for 2024?

1 analysts have issued 12-month price objectives for TransAct Technologies' stock. Their TACT share price targets range from $9.00 to $9.00. On average, they anticipate the company's share price to reach $9.00 in the next twelve months. This suggests a possible upside of 93.5% from the stock's current price. View analysts price targets for TACT or view top-rated stocks among Wall Street analysts .

How have TACT shares performed in 2024?

TransAct Technologies' stock was trading at $6.98 at the start of the year. Since then, TACT stock has decreased by 33.4% and is now trading at $4.65. View the best growth stocks for 2024 here .

Are investors shorting TransAct Technologies?

TransAct Technologies saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 45,800 shares, a decline of 34.0% from the March 15th total of 69,400 shares. Based on an average daily volume of 21,500 shares, the short-interest ratio is currently 2.1 days. Currently, 0.6% of the shares of the stock are sold short. View TransAct Technologies' Short Interest .

When is TransAct Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our TACT earnings forecast .

How were TransAct Technologies' earnings last quarter?

TransAct Technologies Incorporated (NASDAQ:TACT) posted its earnings results on Tuesday, March, 12th. The technology company reported ($0.01) earnings per share (EPS) for the quarter. The technology company earned $13.27 million during the quarter, compared to analysts' expectations of $13.90 million. TransAct Technologies had a net margin of 6.54% and a trailing twelve-month return on equity of 15.96%.

What guidance has TransAct Technologies issued on next quarter's earnings?

TransAct Technologies issued an update on its FY 2024 earnings guidance on Tuesday, March, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $53.0 million-$58.0 million, compared to the consensus revenue estimate of $57.4 million.

What is Bart C. Shuldman's approval rating as TransAct Technologies' CEO?

6 employees have rated TransAct Technologies Chief Executive Officer Bart C. Shuldman on Glassdoor.com . Bart C. Shuldman has an approval rating of 22% among the company's employees. This puts Bart C. Shuldman in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of TransAct Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TransAct Technologies investors own include Allena Pharmaceuticals (ALNA) , Energy Transfer (ET) , Palatin Technologies (PTN) , RedHill Biopharma (RDHL) , Veru (VERU) , British American Tobacco (BTI) , Cerecor (CERC) , Enterprise Products Partners (EPD) , Genocea Biosciences (GNCA) and Intel (INTC) .

Who are TransAct Technologies' major shareholders?

TransAct Technologies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Silverberg Bernstein Capital Management LLC (4.11%). Insiders that own company stock include 325 Capital Llc, Andrew John Hoffman , B Riley Financial, Inc, Bart C Shuldman, Raymond T Walsh Jr and Steven A Demartino . View institutional ownership trends .

How do I buy shares of TransAct Technologies?

Shares of TACT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:TACT

TransAct Technologies (TACT) Stock Price, News & Analysis

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$4.65

-0.01 (-0.21%)

(As of 04/19/2024 ET)

Compare

Today's Range: $4.56
▼
$4.75
50-Day Range: $4.65
▼
$7.66
52-Week Range: $4.53
▼
$9.44

Volume: 10,959 shs
Average Volume: 20,210 shs
Market Capitalization: $46.31 million

P/E Ratio: 9.89
Dividend Yield: N/A
Price Target: $9.00

Get TransAct Technologies alerts:

TransAct Technologies MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 93.5% Upside
$9.00 Price Target
Short Interest: Healthy
0.57% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$104,112 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.53 out of 5 stars

Computer And Technology Sector

232nd out of 585 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

7th out of 14 stocks

3.5

Analyst's Opinion

Consensus Rating
TransAct Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
TransAct Technologies has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.57% of the float of TransAct Technologies has been sold short.
Short Interest Ratio / Days to Cover
TransAct Technologies has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in TransAct Technologies has recently decreased by 34.01%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
TransAct Technologies does not currently pay a dividend.
Dividend Growth
TransAct Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TACT.

1.9

News and Social Media Coverage

News Sentiment
TransAct Technologies has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for TransAct Technologies this week, compared to 1 article on an average week.
Search Interest
4 people have searched for TACT on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added TransAct Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TransAct Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $104,112.00 in company stock.
Percentage Held by Insiders
14.88% of the stock of TransAct Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
74.46% of the stock of TransAct Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of TransAct Technologies is 9.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of TransAct Technologies is 9.89, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 264.09.
Price to Book Value per Share Ratio
TransAct Technologies has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About TransAct Technologies Stock (NASDAQ:TACT)

TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally. It offers thermal printers and terminals to generate labels, coupons, and transaction records, such as receipts, tickets, and other documents. The company also provides consumable products, including POS receipt paper, inkjet cartridges, ribbons, and other printing supplies, as well as replacement parts and accessories; and maintenance and repair services. In addition, it offers EPICENTRAL print system, a software solution that enables casino operators to create promotional coupons and marketing messages, and print them at the slot machine; and technical support services, as well as spare parts and accessories. Further, the company provides BOHA! terminal that combines hardware and software components in a device that includes an operating system, touchscreen, and one or two thermal print mechanisms. It markets its products under the TransAct, BOHA!, AccuDate, Ithaca, and EPICENTRAL brands for food service technology, point of sale automation, and casino and gaming markets. The company sells its products to original equipment manufacturers, value-added resellers, and distributors, as well as directly to end-users through its Webstore transactsupplies.com. TransAct Technologies Incorporated was incorporated in 1996 and is headquartered in Hamden, Connecticut.

TACT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TACT Stock News Headlines

April 18, 2024 | finance.yahoo.com

TransAct Technologies Incorporated (TACT)

April 12, 2024 | investorplace.com

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April 19, 2024 | Gold Safe Exchange (Ad)

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April 3, 2024 | finance.yahoo.com

TransAct Technologies Incorporated (NASDAQ:TACT) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

March 19, 2024 | morningstar.com

Transact Technologies Inc TACT

March 15, 2024 | uk.investing.com

TransAct shares target cut to $9 on market share outlook

March 13, 2024 | wsj.com

TransAct Technologies Inc.

March 13, 2024 | markets.businessinsider.com

Craig-Hallum Maintains Buy Rating for Transact Technologies: Here's What You Need To Know

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 13, 2024 | finance.yahoo.com

TransAct Technologies (NASDAQ:TACT) shareholders have endured a 43% loss from investing in the stock three years ago

March 13, 2024 | finance.yahoo.com

Q4 2023 TransAct Technologies Inc Earnings Call

March 13, 2024 | finance.yahoo.com

TransAct Technologies Incorporated (NASDAQ:TACT) Q4 2023 Earnings Call Transcript

March 12, 2024 | msn.com

TransAct Technologies reports preliminary Q4 net sales of $13.3M

March 12, 2024 | msn.com

TransAct Tech GAAP EPS of -$0.01, revenue of $13.27M

March 12, 2024 | businesswire.com

TransAct Technologies Reports Preliminary Fourth Quarter and Full Year 2023 Financial Results

March 11, 2024 | markets.businessinsider.com

Here's what Wall Street expects from TransAct Technologies's earnings

March 11, 2024 | venturebeat.com

Open is a metaverse experience coming from Ready Player One creator’s Readyverse

March 9, 2024 | markets.businessinsider.com

TransAct Technologies Inc. hosts conference call for investors

February 27, 2024 | finance.yahoo.com

TransAct Technologies to Report Fourth Quarter and Full Year 2023 Results On March 12, 2024, Host Conference Call and Webcast

February 27, 2024 | businesswire.com

TransAct Technologies to Report Fourth Quarter and Full Year 2023 Results On March 12, 2024, Host Conference Call and Webcast

February 22, 2024 | au.finance.yahoo.com

Google Pay takes its QR sound-box to small merchants in India after trial run

February 20, 2024 | investing.com

Punjab National Bank (PNBK)

January 19, 2024 | benzinga.com

Insider Transaction: B Riley Financial Inc Sells $153K Worth Of Transact Technologies Shares

January 18, 2024 | finance.yahoo.com

TransAct Announces BOHA! Solutions Order from Regional Assisted Living Communities

January 4, 2024 | finance.yahoo.com

TransAct Receives U.S. Approval for BOHA! Terminal 2 from Leading QSR

January 2, 2024 | finance.yahoo.com

4 Bargain Tech Stocks to Enhance Portfolio Returns in 2024

December 29, 2023 | finance.yahoo.com

Despite Fast-paced Momentum, TransAct Technologies Incorporated (TACT) Is Still a Bargain Stock

See More Headlines

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Company Calendar

Last Earnings: 3/12/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Computer peripheral equipment, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:TACT
CUSIP: N/A
CIK: 1017303
Web: www.transact-tech.com
Phone: (203) 859-6800
Fax: 203-949-9048
Employees: 117
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $9.00
High Stock Price Target: $9.00
Low Stock Price Target: $9.00
Potential Upside/Downside: +93.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.47
Trailing P/E Ratio: 9.89
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $4.75 million
Net Margins: 6.54%
Pretax Margin: 8.13%
Return on Equity: 15.96%
Return on Assets: 11.23%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.01
Quick Ratio: 1.70

Sales & Book Value

Annual Sales: $72.63 million
Price / Sales: 0.64
Cash Flow: $0.72 per share
Price / Cash Flow: 6.44
Book Value: $3.96 per share
Price / Book: 1.17

Miscellaneous

Outstanding Shares: 9,960,000
Free Float: 8,482,000
Market Cap: $46.31 million
Optionable: Optionable
Beta: 1.88

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Key Executives

Mr. John M. Dillon (Age 74)
CEO & Director
Comp: $626.76k
Mr. Steven A. DeMartino (Age 54)
President, CFO, Treasurer & Secretary
Comp: $657.83k
Mr. Brent W. Richtsmeier (Age 59)
Chief Technology Officer
Comp: $518.13k
Ms. Monique Iken
Senior Vice President of Operations
Mr. William J. DeFrances (Age 60)
VP ,Chief Accounting Officer & Principal Accounting Officer
Mr. Benjamin C. Wyatt (Age 50)
Vice President of Strategy & Corporate Development
Comp: $235.94k
Mr. Miguel Ortiz
Senior Vice President of Marketing
Lynn Kozlowski
Vice President of Human Resources
Ms. Tracey S. Winslow (Age 64)
Global Chief Revenue Officer
Comp: $287.86k
Mr. Louis Kelly
Senior VP of Casino & Gaming

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TACT Stock Analysis - Frequently Asked Questions

Should I buy or sell TransAct Technologies stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TransAct Technologies in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TACT shares.
View TACT analyst ratings or view top-rated stocks.
What is TransAct Technologies' stock price target for 2024?: 1 analysts have issued 12-month price objectives for TransAct Technologies' stock. Their TACT share price targets range from $9.00 to $9.00. On average, they anticipate the company's share price to reach $9.00 in the next twelve months. This suggests a possible upside of 93.5% from the stock's current price.
View analysts price targets for TACT or view top-rated stocks among Wall Street analysts.
How have TACT shares performed in 2024?: TransAct Technologies' stock was trading at $6.98 at the start of the year. Since then, TACT stock has decreased by 33.4% and is now trading at $4.65.
View the best growth stocks for 2024 here.
Are investors shorting TransAct Technologies?: TransAct Technologies saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 45,800 shares, a decline of 34.0% from the March 15th total of 69,400 shares. Based on an average daily volume of 21,500 shares, the short-interest ratio is currently 2.1 days. Currently, 0.6% of the shares of the stock are sold short.
View TransAct Technologies' Short Interest.
When is TransAct Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our TACT earnings forecast.
How were TransAct Technologies' earnings last quarter?: TransAct Technologies Incorporated (NASDAQ:TACT) posted its earnings results on Tuesday, March, 12th. The technology company reported ($0.01) earnings per share (EPS) for the quarter. The technology company earned $13.27 million during the quarter, compared to analysts' expectations of $13.90 million. TransAct Technologies had a net margin of 6.54% and a trailing twelve-month return on equity of 15.96%.

What guidance has TransAct Technologies issued on next quarter's earnings?: TransAct Technologies issued an update on its FY 2024 earnings guidance on Tuesday, March, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $53.0 million-$58.0 million, compared to the consensus revenue estimate of $57.4 million.
What is Bart C. Shuldman's approval rating as TransAct Technologies' CEO?: 6 employees have rated TransAct Technologies Chief Executive Officer Bart C. Shuldman on Glassdoor.com. Bart C. Shuldman has an approval rating of 22% among the company's employees. This puts Bart C. Shuldman in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of TransAct Technologies own?: Based on aggregate information from My MarketBeat watchlists, some companies that other TransAct Technologies investors own include Allena Pharmaceuticals (ALNA), Energy Transfer (ET), Palatin Technologies (PTN), RedHill Biopharma (RDHL), Veru (VERU), British American Tobacco (BTI), Cerecor (CERC), Enterprise Products Partners (EPD), Genocea Biosciences (GNCA) and Intel (INTC).
Who are TransAct Technologies' major shareholders?: TransAct Technologies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Silverberg Bernstein Capital Management LLC (4.11%). Insiders that own company stock include 325 Capital Llc, Andrew John Hoffman, B Riley Financial, Inc, Bart C Shuldman, Raymond T Walsh Jr and Steven A Demartino.
View institutional ownership trends.
How do I buy shares of TransAct Technologies?: Shares of TACT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TACT) was last updated on 4/19/2024 by MarketBeat.com Staff

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TransAct Technologies (TACT) Stock Price, News & Analysis

TransAct Technologies MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About TransAct Technologies Stock (NASDAQ:TACT)

TACT Stock Price History

TACT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

TACT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™