TransAct Technologies (NASDAQ:TACT - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, May 7th. Analysts expect TransAct Technologies to post earnings of ($0.16) per share for the quarter. TransAct Technologies has set its FY 2024 guidance at EPS.Persons that are interested in participating in the company's earnings conference call can do so using this link.
TransAct Technologies (NASDAQ:TACT - Get Free Report) last issued its quarterly earnings results on Tuesday, March 12th. The technology company reported ($0.01) EPS for the quarter. The business had revenue of $13.27 million for the quarter, compared to the consensus estimate of $13.90 million. TransAct Technologies had a return on equity of 15.96% and a net margin of 6.54%.
TransAct Technologies Price Performance
Shares of TACT traded up $0.44 during mid-day trading on Tuesday, hitting $5.35. The stock had a trading volume of 85,575 shares, compared to its average volume of 21,743. The firm has a market cap of $53.29 million, a P/E ratio of 11.38 and a beta of 1.88. The business has a fifty day moving average price of $5.63 and a 200-day moving average price of $6.49. TransAct Technologies has a 52 week low of $4.50 and a 52 week high of $9.44.
Analyst Ratings Changes
Several equities analysts recently commented on TACT shares. StockNews.com started coverage on TransAct Technologies in a research report on Tuesday. They set a "buy" rating for the company. Craig Hallum lowered their target price on TransAct Technologies from $10.00 to $9.00 and set a "buy" rating for the company in a research note on Wednesday, March 13th.
Check Out Our Latest Report on TACT
About TransAct Technologies
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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.
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