TransAct Technologies (TACT) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $3.92 to $4.39
• 50-Day Range: $3.90 to $4.86
• 52-Week Range: $3.32 to $7.97
• Volume: 103,570 shs
• Average Volume: 24,607 shs
• Market Capitalization: $41.64 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $7.50
• Consensus Rating: Buy

TransAct Technologies Stock Analysis - MarketRank™

TransAct Technologies scored higher than 58% of companies evaluated by MarketBeat, and ranked 442nd out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

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 received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for TransAct Technologies are expected to grow in the coming year, from ($0.30) to ($0.17) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of TransAct Technologies is -20.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of TransAct Technologies is -20.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

TransAct Technologies has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.14% of the outstanding shares of TransAct Technologies have been sold short.

Short Interest Ratio / Days to Cover

TransAct Technologies has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in TransAct Technologies has recently increased by 10.77%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

TransAct Technologies does not currently pay a dividend.

Dividend Growth

TransAct Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.14% of the outstanding shares of TransAct Technologies have been sold short.

Short Interest Ratio / Days to Cover

TransAct Technologies has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in TransAct Technologies has recently increased by 10.77%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.70

News Sentiment

TransAct Technologies has a news sentiment score of 0.70. 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 2 news articles for TransAct Technologies this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for TACT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, TransAct Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

15.52% 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.

TACT Stock Analysis - Frequently Asked Questions

How have TACT shares performed this year?

TransAct Technologies' stock was trading at $6.98 at the start of the year. Since then, TACT shares have decreased by 40.4% and is now trading at $4.16.
View the best growth stocks for 2024 here.

How were TransAct Technologies' earnings last quarter?

TransAct Technologies Incorporated (NASDAQ:TACT) posted its quarterly earnings results on Thursday, August, 8th. The technology company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.17) by $0.14. The technology company earned $11.60 million during the quarter, compared to analysts' expectations of $10.25 million. TransAct Technologies had a negative net margin of 4.24% and a negative trailing twelve-month return on equity of 5.08%.

Who are TransAct Technologies' major shareholders?

Top institutional investors of TransAct Technologies include Silverberg Bernstein Capital Management LLC (4.24%), Bard Associates Inc. (1.56%), Geode Capital Management LLC (0.92%) and Essex Investment Management Co. LLC (0.36%). Insiders that own company stock include B Riley Financial, Inc, Bart C Shuldman, 325 Capital Llc, Steven A Demartino and Andrew John Hoffman.
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.

What other stocks do shareholders of TransAct Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TransAct Technologies investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Arch Capital Group (ACGL), Advanced Micro Devices (AMD), Walt Disney (DIS) and Pfizer (PFE).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/11/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Computer peripheral equipment, not elsewhere classified
• Sub-Industry: Computer Hardware
• Current Symbol: NASDAQ:TACT
• CUSIP: N/A
• CIK: 1017303
• Web: www.transact-tech.com
• Phone: (203) 859-6800
• Fax: 203-949-9048
• Employees: 120
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $7.50
• High Stock Price Target: $7.50
• Low Stock Price Target: $7.50
• Potential Upside/Downside: +80.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.20)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $4.75 million
• Net Margins: -4.24%
• Pretax Margin: -5.41%
• Return on Equity: -5.08%
• Return on Assets: -3.80%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.32
• Quick Ratio: 1.83

Sales & Book Value

• Annual Sales: $72.63 million
• Price / Sales: 0.57
• Cash Flow: $0.79 per share
• Price / Cash Flow: 5.27
• Book Value: $3.83 per share
• Price / Book: 1.09

Miscellaneous

• Outstanding Shares: 10,010,000
• Free Float: 8,456,000
• Market Cap: $41.64 million
• Optionable: Optionable
• Beta: 1.74