S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
NASDAQ:TACT

TransAct Technologies (TACT) Stock Forecast, Price & News

$7.23
+0.01 (+0.14%)
(As of 06/2/2023 ET)
Compare
Today's Range
$6.95
$7.31
50-Day Range
$5.27
$7.53
52-Week Range
$3.60
$8.50
Volume
20,056 shs
Average Volume
34,999 shs
Market Capitalization
$71.94 million
P/E Ratio
48.20
Dividend Yield
N/A
Price Target
$12.00

TransAct Technologies MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
66.0% Upside
$12.00 Price Target
Short Interest
Healthy
2.03% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.14 out of 5 stars

Computer And Technology Sector

287th out of 606 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

4th out of 13 stocks


TACT stock logo

About TransAct Technologies (NASDAQ:TACT) Stock

TransAct Technologies, Inc. engages in the operation of a software-driven technology and printing solutions company. The company was founded in June 1996 and is headquartered in Hamden, CT.

Receive TACT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for TransAct Technologies and its competitors with MarketBeat's FREE daily newsletter.

TACT Stock News Headlines

[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"
The Washington Post Reports it's: "A revolution in warfare." The Sunday Times Reports it's: "a revolutionary power." Early investors can reap 5,633% gains as England, Germany, Japan and Australia rush to sign contracts. Get the name of the stock here >>>
[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"
The Washington Post Reports it's: "A revolution in warfare." The Sunday Times Reports it's: "a revolutionary power." Early investors can reap 5,633% gains as England, Germany, Japan and Australia rush to sign contracts. Get the name of the stock here >>>
Q4 2022 TransAct Technologies Inc Earnings Call
See More Headlines

TACT Price History

TACT Company Calendar

Last Earnings
3/08/2023
Today
6/04/2023
Next Earnings (Estimated)
8/16/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Computer peripheral equipment, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:TACT
Employees
118
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$12.00
High Stock Price Forecast
$12.00
Low Stock Price Forecast
$12.00
Forecasted Upside/Downside
+66.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-5,940,000.00
Pretax Margin
2.22%

Debt

Sales & Book Value

Annual Sales
$58.14 million
Book Value
$3.74 per share

Miscellaneous

Free Float
8,473,000
Market Cap
$71.94 million
Optionable
Optionable
Beta
1.81

Key Executives

  • John M. Dillon
    Chief Executive Officer & Director
  • Steven A. DeMartinoSteven A. DeMartino
    President, CFO, Secretary & Treasurer
  • Monique Iken
    Senior Vice President-Operations
  • Donald E. Brooks
    Senior Vice President-Engineering
  • Brent Richtsmeier
    Chief Technology Officer













TACT Stock - 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 twelve months. 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 forecast for 2023?

1 equities research analysts have issued 12 month price objectives for TransAct Technologies' stock. Their TACT share price forecasts range from $12.00 to $12.00. On average, they expect the company's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 66.0% 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 2023?

TransAct Technologies' stock was trading at $6.32 on January 1st, 2023. Since then, TACT stock has increased by 14.4% and is now trading at $7.23.
View the best growth stocks for 2023 here
.

Are investors shorting TransAct Technologies?

TransAct Technologies saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 174,900 shares, a decrease of 24.1% from the April 30th total of 230,300 shares. Based on an average trading volume of 26,200 shares, the days-to-cover ratio is presently 6.7 days. Approximately 2.0% 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 Wednesday, August 16th 2023.
View our TACT earnings forecast
.

How were TransAct Technologies' earnings last quarter?

TransAct Technologies Incorporated (NASDAQ:TACT) issued its quarterly earnings data on Wednesday, March, 8th. The technology company reported $0.03 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.06. The technology company earned $17.96 million during the quarter, compared to analyst estimates of $15.90 million. TransAct Technologies had a net margin of 2.19% and a trailing twelve-month return on equity of 4.53%.

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

TransAct Technologies updated its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $70.00 million-$72.00 million, compared to the consensus revenue estimate of $70.54 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).

What is TransAct Technologies' stock symbol?

TransAct Technologies trades on the NASDAQ under the ticker symbol "TACT."

Who are TransAct Technologies' major shareholders?

TransAct Technologies' stock is owned by a variety of institutional and retail investors. Top institutional investors include Cowen Prime Advisors LLC (4.01%), Renaissance Technologies LLC (3.22%), Dimensional Fund Advisors LP (2.22%), Susquehanna International Group LLP (0.00%), Morgan Dempsey Capital Management LLC (1.07%) and Aristides Capital LLC (0.42%). Insiders that own company stock include 325 Capital Llc, Andrew John Hoffman, B Riley Financial, Inc, Bart C Shuldman, Haydee Olinger, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is TransAct Technologies' stock price today?

One share of TACT stock can currently be purchased for approximately $7.23.

How much money does TransAct Technologies make?

TransAct Technologies (NASDAQ:TACT) has a market capitalization of $71.94 million and generates $58.14 million in revenue each year. The technology company earns $-5,940,000.00 in net income (profit) each year or $0.15 on an earnings per share basis.

How many employees does TransAct Technologies have?

The company employs 118 workers across the globe.

How can I contact TransAct Technologies?

TransAct Technologies' mailing address is ONE HAMDEN CENTER 2319 WHITNEY AVENUE SUITE 3B, HAMDEN CT, 06518. The official website for the company is www.transact-tech.com. The technology company can be reached via phone at (203) 859-6800, via email at tact@jcir.com, or via fax at 203-949-9048.

This page (NASDAQ:TACT) was last updated on 6/4/2023 by MarketBeat.com Staff

My Account -