NASDAQ:TACT TransAct Technologies (TACT) Stock Forecast, Price & News $7.62 -0.06 (-0.78%) (As of 05:11 PM ET) Add Compare Share Share Today's Range$7.52▼$7.6550-Day Range$5.27▼$7.6852-Week Range$3.60▼$8.50Volume4,034 shsAverage Volume22,100 shsMarket Capitalization$75.85 millionP/E Ratio50.80Dividend YieldN/APrice Target$12.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media TransAct Technologies MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside57.5% Upside$12.00 Price TargetShort InterestHealthy2.03% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.27 out of 5 starsComputer And Technology Sector200th out of 594 stocksComputer Peripheral Equipment, Not Elsewhere Classified Industry4th out of 13 stocks 3.5 Analyst's Opinion Consensus RatingTransAct 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.00, TransAct Technologies has a forecasted upside of 57.5% from its current price of $7.62.Amount of Analyst CoverageTransAct Technologies has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.03% of the float of TransAct Technologies has been sold short.Short Interest Ratio / Days to CoverTransAct Technologies has a short interest ratio ("days to cover") of 6.7.Change versus previous monthShort interest in TransAct Technologies has recently decreased by 24.06%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldTransAct Technologies does not currently pay a dividend.Dividend GrowthTransAct Technologies does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of TransAct Technologies is 240.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TACT. Previous Next 1.8 News and Social Media Coverage News SentimentTransAct Technologies has a news sentiment score of 0.25. 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 is a lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for TransAct Technologies this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for TACT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows2 people have added TransAct Technologies to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TransAct Technologies insiders have not sold or bought any company stock.Percentage Held by Insiders14.88% 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 Institutions50.91% of the stock of TransAct Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of TransAct Technologies is 50.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.28.Price to Earnings Ratio vs. SectorThe P/E ratio of TransAct Technologies is 50.80, 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 319.45.Price to Book Value per Share RatioTransAct Technologies has a P/B Ratio of 2.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TransAct Technologies (NASDAQ:TACT) StockTransAct 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.Read More 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. Email Address TACT Stock News HeadlinesJune 6, 2023 | finance.yahoo.comReturns On Capital At TransAct Technologies (NASDAQ:TACT) Paint A Concerning PictureMay 24, 2023 | finance.yahoo.comHere's Why 'Trend' Investors Would Love Betting on TransAct Technologies Incorporated (TACT)June 8, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 23, 2023 | americanbankingnews.comTransAct Technologies (NASDAQ:TACT) Now Covered by StockNews.comMay 17, 2023 | finance.yahoo.comTransAct Technologies Incorporated (NASDAQ:TACT) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies AheadMay 17, 2023 | finance.yahoo.comTransAct Technologies Incorporated (NASDAQ:TACT) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?May 15, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on TransAct Technologies (NASDAQ:TACT)May 9, 2023 | seekingalpha.comTransAct Tech reports Q1 results, raises FY 2023 revenue guidanceJune 8, 2023 | Altimetry (Ad)Pentagon Consultant—Here's how Biden Wins Landslide Re-election—but also hand Joe Biden a landslide re-election win. What would America look like if we slide further towards Socialism? Full story and 4 steps you can take,May 9, 2023 | finance.yahoo.comTransAct Technologies Reports Preliminary First Quarter 2023 Financial ResultsMay 9, 2023 | markets.businessinsider.comTransAct Technologies is about to announce its earnings — here's what Wall Street expectsMay 8, 2023 | americanbankingnews.comTransAct Technologies (TACT) to Release Quarterly Earnings on TuesdayMay 7, 2023 | americanbankingnews.comTransAct Technologies (NASDAQ:TACT) Coverage Initiated by Analysts at StockNews.comMay 2, 2023 | finance.yahoo.comTransAct Announces Launch of All-New BOHA! Terminal 2April 26, 2023 | finance.yahoo.comTransAct Technologies (NASDAQ:TACT shareholders incur further losses as stock declines 10% this week, taking five-year losses to 53%April 21, 2023 | americanbankingnews.comTransAct Technologies (NASDAQ:TACT) Coverage Initiated at StockNews.comApril 18, 2023 | finance.yahoo.comTransAct Technologies to Report First Quarter 2023 Results On May 9, 2023, Host Conference Call and WebcastApril 10, 2023 | finance.yahoo.comTransAct Technologies Incorporated (TACT) Moves 6.0% Higher: Will This Strength Last?April 5, 2023 | finance.yahoo.comTransAct Technologies Appoints John Dillon Interim Chief Executive OfficerApril 3, 2023 | finance.yahoo.comImmersion (IMMR) Surges 7.6%: Is This an Indication of Further Gains?March 31, 2023 | technews.tmcnet.comPennsylvania tech workforce grows in depth and breadth: CompTIA releases year in review State of the Tech Workforce reportMarch 28, 2023 | marketwatch.comTactical Data Link Market by Product Type and Consumers-2031March 21, 2023 | americanbankingnews.comStockNews.com Begins Coverage on TransAct Technologies (NASDAQ:TACT)March 20, 2023 | finance.yahoo.comTransAct Technologies Names Tracey S. Winslow as Global Chief Revenue OfficerMarch 9, 2023 | finance.yahoo.comQ4 2022 TransAct Technologies Inc Earnings CallMarch 8, 2023 | finance.yahoo.comTransAct Technologies Incorporated (TACT) Surpasses Q4 Earnings and Revenue EstimatesMarch 8, 2023 | msn.comTransAct Tech Non-GAAP EPS of $0.03, revenue of $18M beats by $1.11MSee More Headlines TACT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TACT Company Calendar Last Earnings11/09/2021Today6/08/2023Next Earnings (Estimated)8/16/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Computer peripheral equipment, not elsewhere classified Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:TACT CUSIPN/A CIK1017303 Webwww.transact-tech.com Phone(203) 859-6800Fax203-949-9048Employees118Year FoundedN/APrice Target and Rating Average Stock Price Forecast$12.00 High Stock Price Forecast$12.00 Low Stock Price Forecast$12.00 Forecasted Upside/Downside+57.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.15 Trailing P/E Ratio50.80 Forward P/E Ratio17.72 P/E GrowthN/ANet Income$-5,940,000.00 Net Margins2.19% Pretax Margin2.22% Return on Equity4.53% Return on Assets3.11% Debt Debt-to-Equity RatioN/A Current Ratio2.85 Quick Ratio1.89 Sales & Book Value Annual Sales$70.71 million Price / Sales1.07 Cash FlowN/A Price / Cash FlowN/A Book Value$3.42 per share Price / Book2.23Miscellaneous Outstanding Shares9,954,000Free Float8,473,000Market Cap$75.85 million OptionableOptionable Beta1.81 Key ExecutivesJohn M. DillonChief Executive Officer & DirectorSteven A. DeMartinoPresident, CFO, Secretary & TreasurerMonique IkenSenior Vice President-OperationsDonald E. BrooksSenior Vice President-EngineeringBrent RichtsmeierChief Technology OfficerKey CompetitorsRADCOMNASDAQ:RDCMIdentivNASDAQ:INVEImmersionNASDAQ:IMMRGlobal Internet of PeopleNASDAQ:SDHMariaDBNYSE:MRDBView All CompetitorsInsiders & InstitutionsSusquehanna International Group LLPBought 29,700 shares on 5/16/2023Ownership: 0.000%Renaissance Technologies LLCSold 4,100 shares on 5/12/2023Ownership: 3.217%Dimensional Fund Advisors LPSold 6,621 shares on 5/12/2023Ownership: 2.223%Aristides Capital LLCSold 30,980 shares on 5/12/2023Ownership: 0.422%Group One Trading L.P.Bought 23,400 shares on 5/12/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions TACT Stock - Frequently Asked Questions Should I buy or sell TransAct Technologies stock right now? 1 Wall Street equities 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 equities 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 analysts have issued 12-month price objectives for TransAct Technologies' shares. 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 57.5% 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 2023? TransAct Technologies' stock was trading at $6.32 on January 1st, 2023. Since then, TACT shares have increased by 20.6% and is now trading at $7.62. View the best growth stocks for 2023 here. Are investors shorting TransAct Technologies? TransAct Technologies saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 174,900 shares, a decline of 24.1% from the April 30th total of 230,300 shares. Based on an average daily volume of 26,200 shares, the short-interest ratio is presently 6.7 days. Currently, 2.0% of the shares of the company 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) posted its quarterly earnings results on Tuesday, November, 9th. The technology company reported ($0.13) earnings per share for the quarter, topping analysts' consensus estimates of ($0.28) by $0.15. The technology company had revenue of $10.64 million for the quarter, compared to analysts' expectations of $9.54 million. TransAct Technologies had a net margin of 2.19% and a trailing twelve-month return on equity of 4.53%. During the same quarter last year, the firm earned ($0.11) earnings per share. Is TransAct Technologies a good dividend stock? TransAct Technologies (NASDAQ:TACT) pays an annual dividend of $0.36 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 240.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for TACT. What guidance has TransAct Technologies issued on next quarter's earnings? TransAct Technologies issued an update on 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 number of retail and institutional investors. Top institutional shareholders 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, 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 $7.62. How much money does TransAct Technologies make? TransAct Technologies (NASDAQ:TACT) has a market capitalization of $75.85 million and generates $70.71 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 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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