About TransAct Technologies (NASDAQ:TACT)
TransAct Technologies Incorporated (TransAct) designs, develops and sells market-specific solutions, including printers, terminals, software and other products for transaction-based and other industries. The Company operates through the segment, which includes design, development, assembly and marketing of transaction printers and terminals, and providing printer and terminal related software, services, supplies and spare parts. Its thermal, inkjet and impact printers and terminals generate labels and transaction records, such as receipts, tickets, coupons, register journals and other documents, as well as printed logging, and plotting of oil field and well drilling data. Its products are sold under the AccuDate, Ithaca, RESPONDER, Epic, EPICENTRAL and Printrex brand names. It focuses on various markets, such as food safety, banking and point-of-sale (POS), casino and gaming, lottery and Printrex, Inc. (Printrex), which serves the oil and gas, medical and mobile printing markets.
Industry, Sector and Symbol
Industry Computer peripheral equipment, not elsewhere classified
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:TACT
CUSIPN/A
Phone203-859-6800
Debt
Debt-to-Equity RatioN/A
Current Ratio3.59%
Quick Ratio2.38%
Price-To-Earnings
Trailing P/E Ratio21.58
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$56.31 million
Price / Sales1.71
Cash Flow$0.7525 per share
Price / Cash17.21
Book Value$3.53 per share
Price / Book3.67
Profitability
EPS (Most Recent Fiscal Year)$0.60
Net Income$3.21 million
Net Margins5.70%
Return on Equity17.83%
Return on Assets14.03%
Miscellaneous
Employees123
Outstanding Shares7,440,000
TransAct Technologies (NASDAQ:TACT) Frequently Asked Questions
What is TransAct Technologies' stock symbol?
TransAct Technologies trades on the NASDAQ under the ticker symbol "TACT."
How often does TransAct Technologies pay dividends? What is the dividend yield for TransAct Technologies?
TransAct Technologies declared a quarterly dividend on Tuesday, February 6th. Shareholders of record on Tuesday, February 20th will be paid a dividend of $0.09 per share on Thursday, March 15th. This represents a $0.36 annualized dividend and a yield of 2.78%. The ex-dividend date is Friday, February 16th. View TransAct Technologies' Dividend History.
How will TransAct Technologies' stock buyback program work?
TransAct Technologies declared that its board has initiated a share buyback plan on Tuesday, March 6th 2018, which authorizes the company to buyback $5,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.
How were TransAct Technologies' earnings last quarter?
TransAct Technologies Incorporated (NASDAQ:TACT) posted its earnings results on Monday, March, 5th. The technology company reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by $0.02. The technology company earned $13.19 million during the quarter, compared to analyst estimates of $14.84 million. TransAct Technologies had a return on equity of 17.83% and a net margin of 5.70%. View TransAct Technologies' Earnings History.
When is TransAct Technologies' next earnings date?
What price target have analysts set for TACT?
1 brokers have issued 12 month target prices for TransAct Technologies' stock. Their predictions range from $17.00 to $17.00. On average, they expect TransAct Technologies' share price to reach $17.00 in the next twelve months. View Analyst Ratings for TransAct Technologies.
What are Wall Street analysts saying about TransAct Technologies stock?
Here are some recent quotes from research analysts about TransAct Technologies stock:
- 1. According to Zacks Investment Research, "TransAct Technologies, Incorporated, designs, develops, manufactures and markets transaction-based printers and related products under the ITHACA and MAGNETEC and TRANSACT.COM brand names. The company focuses on five vertical markets: point-of-sale(POS), gaming and lottery, financial services, kiosk and Internet. The company's printers are trusted world-wide to provide crisp, clean transaction records from receipts, tickets and coupons, register journal and other documents. " (3/23/2018)
- 2. B. Riley analysts commented, "We model Q3 revenue of $14.6 million, adjusted EBITDA at $1.8 million and EPS at $0.12 (we are the only current estimates included in consensus). Management does not provide guidance and revenues can fluctuate due to large roll outs, installations, and project-based engagements, making quarterly projections particularly challenging. We expect commentary around contributions from higher margin products (restaurant, spare parts, labels, service, and casino bonusing products) to be a key focus for investors." (10/27/2017)
Who are some of TransAct Technologies' key competitors?
Some companies that are related to TransAct Technologies include Adesto Technologies (IOTS), KVH Industries (KVHI), AudioCodes (AUDC), Leaf Group (LFGR), Majesco (MJCO), Sparton (SPA), Clearfield (CLFD), Park City Group (PCYG), Asure Software (ASUR), DASAN Zhone Solutions (DZSI), Allot Communications (ALLT), Vuzix (VUZI), Iteris (ITI), UTStarcom (UTSI), Proactis (PHD), The Meet Group (MEET), IntriCon (IIN) and ImageWare Systems (IWSY).
Who are TransAct Technologies' key executives?
TransAct Technologies' management team includes the folowing people:
- Bart C. Shuldman, Chairman of the Board, Chief Executive Officer (Age 57)
- Steven A. DeMartino, President, Chief Financial Officer, Treasurer, Secretary (Age 46)
- Tracey S. Chernay, Executive Vice President - Casino and Gaming Sales and Marketing (Age 55)
- Donald E. Brooks, Senior Vice President - Engineering (Age 62)
- Andrew J. Hoffman, Senior Vice President - Operations (Age 57)
- David B. Peters, Principal Accounting Officer (Age 39)
- John M. Dillon, Independent Director (Age 65)
- Thomas R. Schwarz, Independent Director (Age 78)
- Graham Y. Tanaka, Independent Director (Age 67)
Has TransAct Technologies been receiving favorable news coverage?
Press coverage about TACT stock has been trending somewhat negative this week, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TransAct Technologies earned a news impact score of -0.03 on Accern's scale. They also assigned headlines about the technology company an impact score of 46.31 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
How do I buy shares of TransAct Technologies?
Shares of TACT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is TransAct Technologies' stock price today?
One share of TACT stock can currently be purchased for approximately $12.95.
How big of a company is TransAct Technologies?
TransAct Technologies has a market capitalization of $97.49 million and generates $56.31 million in revenue each year. The technology company earns $3.21 million in net income (profit) each year or $0.60 on an earnings per share basis. TransAct Technologies employs 123 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 technology company can be reached via phone at 203-859-6800 or via email at [email protected]
MarketBeat Community Rating for TransAct Technologies (TACT)
MarketBeat's community ratings are surveys of what our community members think about TransAct Technologies and other stocks. Vote "Outperform" if you believe TACT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TACT will underperform the S&P 500 over the long term. You may vote once every thirty days.
TransAct Technologies (NASDAQ:TACT) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
1 Wall Street analysts have issued ratings and price targets for TransAct Technologies in the last 12 months. Their average twelve-month price target is $17.00, suggesting that the stock has a possible upside of 31.27%. The high price target for TACT is $17.00 and the low price target for TACT is $17.00. There are currently 1 buy rating for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 3.00 | 3.00 | 3.00 | 3.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $17.00 | $17.00 | $11.00 | $11.00 |
| Price Target Upside: | 31.27% upside | 24.54% upside | 13.99% upside | 19.57% upside |
TransAct Technologies (NASDAQ:TACT) Consensus Price Target History
TransAct Technologies (NASDAQ:TACT) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 3/2/2018 | B. Riley | Set Price Target | Buy | $17.00 | Low |  |
(Data available from 4/19/2016 forward)
TransAct Technologies (NASDAQ:TACT) Dividend Information
TransAct Technologies pays an annual dividend of $0.36 per share, with a dividend yield of 2.78%. TACT's most recent quarterly dividend payment was Thursday, March 15. TransAct Technologies pays out 60.00% of its earnings out as a dividend.
| Most Recent Dividend: | 3/15/2018 |
| Annual Dividend: | $0.36 |
| Dividend Yield: | 2.78% |
| Payout Ratio: | 60.00% (Trailing 12 Months of Earnings)
45.57% (Based on This Year's Estimates)
|
TransAct Technologies (NASDAQ:TACT) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/6/2018 | quarterly | $0.09 | 2.57% | 2/16/2018 | 2/20/2018 | 3/15/2018 |
| 10/26/2017 | Quarterly | $0.09 | 3.79% | 11/17/2017 | 11/20/2017 | 12/15/2017 |
| 7/31/2017 | Quarterly | $0.09 | 4.04% | 8/17/2017 | 8/21/2017 | 9/15/2017 |
| 5/1/2017 | quarterly | $0.09 | 3.93% | 5/17/2017 | 5/19/2017 | 6/15/2017 |
| 2/6/2017 | quarterly | $0.08 | 4.54% | 2/15/2017 | 2/20/2017 | 3/15/2017 |
| 10/31/2016 | quarterly | $0.08 | 4.44% | 11/17/2016 | 11/21/2016 | 12/15/2016 |
| 8/1/2016 | quarterly | $0.08 | 4.16% | 8/17/2016 | 8/19/2016 | 9/15/2016 |
| 5/2/2016 | quarterly | $0.08 | 3.69% | 5/18/2016 | 5/20/2016 | 6/15/2016 |
| 2/3/2016 | quarterly | $0.08 | 4.2% | 2/17/2016 | 2/19/2016 | 3/15/2016 |
| 11/3/2015 | Quarterly | $0.08 | | 11/18/2015 | 11/20/2015 | 12/15/2015 |
| 8/3/2015 | | $0.08 | | 8/18/2015 | 8/20/2015 | 9/15/2015 |
| 5/4/2015 | quarterly | $0.08 | 6.3% | 5/18/2015 | 5/20/2015 | 6/15/2015 |
| 2/5/2015 | quarterly | $0.08 | 5.29% | 2/18/2015 | 2/20/2015 | 3/13/2015 |
| 11/3/2014 | quarterly | $0.08 | 5.19% | 11/18/2014 | 11/20/2014 | 12/15/2014 |
| 8/4/2014 | quarterly | $0.08 | 3.64% | 8/18/2014 | 8/20/2014 | 9/15/2014 |
| 5/6/2014 | quarterly | $0.08 | 3.02% | 5/16/2014 | 5/20/2014 | 6/13/2014 |
| 2/5/2014 | quarterly | $0.07 | 2.37% | 2/18/2014 | 2/20/2014 | 3/14/2014 |
| 11/5/2013 | quarterly | $0.07 | 1.95% | 11/18/2013 | 11/20/2013 | 12/13/2013 |
| 8/5/2013 | quarterly | $0.07 | 3.04% | 8/16/2013 | 8/20/2013 | 9/13/2013 |
| 5/7/2013 | quarterly | $0.07 | 3.64% | 5/16/2013 | 5/20/2013 | 6/13/2013 |
| 5/6/2013 | quarterly | $0.07 | | | 5/20/2013 | 5/13/2013 |
| 2/5/2013 | quarterly | $0.06 | 2.97% | 2/15/2013 | 2/20/2013 | 3/13/2013 |
(Data available from 1/1/2013 forward)
TransAct Technologies (NASDAQ TACT) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 11.57%
Institutional Ownership Percentage: 38.50%
TransAct Technologies (NASDAQ TACT) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/8/2018 | Thomas R Schwarz | Director | Sell | 12,500 | $11.79 | $147,375.00 | 59,859 | |
| 12/14/2017 | Graham Y Tanaka | Director | Sell | 2,095 | $13.39 | $28,052.05 | 194,153 | |
| 12/12/2017 | Graham Y Tanaka | Director | Sell | 10,616 | $13.42 | $142,466.72 | 194,153 | |
| 11/28/2017 | Graham Y Tanaka | Director | Sell | 10,000 | $13.27 | $132,700.00 | 207,517 | |
| 11/17/2017 | Tracey S Chernay | SVP | Sell | 14,250 | $14.02 | $199,785.00 | 3,000 | |
| 11/15/2017 | Tracey S Chernay | SVP | Sell | 3,000 | $13.70 | $41,100.00 | 3,000 | |
| 11/6/2017 | Andrew John Hoffman | SVP | Sell | 30,000 | $13.01 | $390,300.00 | 14,791 | |
| 11/6/2017 | Bart C Shuldman | Chairman | Sell | 11,950 | $13.03 | $155,708.50 | 17,814 | |
| 11/6/2017 | Steven A Demartino | CFO | Sell | 20,752 | $13.03 | $270,398.56 | 60,588 | |
| 9/15/2017 | Bart C Shuldman | Chairman | Sell | 15,400 | $9.24 | $142,296.00 | 12,494 | |
| 9/15/2017 | Steven A Demartino | CFO | Sell | 3,348 | $9.33 | $31,236.84 | 45,653 | |
| 9/13/2017 | Bart C Shuldman | Chairman | Sell | 4,101 | $9.54 | $39,123.54 | 13,115 | |
| 9/13/2017 | Steven A Demartino | CFO | Sell | 2,607 | $9.59 | $25,001.13 | 45,443 | |
| 9/12/2017 | Bart C Shuldman | CEO | Sell | 1,021 | $9.50 | $9,699.50 | 13,115 | |
| 9/11/2017 | Bart C Shuldman | CEO | Sell | 1,301 | $9.60 | $12,489.60 | 13,115 | |
| 9/11/2017 | Steven A Demartino | CFO | Sell | 607 | $9.75 | $5,918.25 | 45,443 | |
| 9/8/2017 | Bart C Shuldman | Chairman | Sell | 1,499 | $9.64 | $14,450.36 | 12,514 | |
| 9/8/2017 | Steven A Demartino | CFO | Sell | 3,293 | $9.70 | $31,942.10 | 47,419 | |
| 9/7/2017 | Bart C Shuldman | CEO | Sell | 700 | $9.50 | $6,650.00 | 12,514 | |
| 9/7/2017 | Steven A Demartino | CFO | Sell | 200 | $9.50 | $1,900.00 | 47,419 | |
| 9/6/2017 | Bart C Shuldman | CEO | Sell | 700 | $9.80 | $6,860.00 | 12,514 | |
| 9/6/2017 | Steven A Demartino | CFO | Sell | 2,583 | $9.75 | $25,184.25 | 47,419 | |
| 9/15/2016 | Bart C Shuldman | Chairman | Sell | 6,000 | $7.33 | $43,980.00 | 7,914 | |
| 6/15/2016 | John Dillon | Director | Buy | 5,000 | $7.02 | $35,100.00 | 10,000 | |
| 5/17/2016 | Andrew Newmark | EVP | Buy | 10,000 | $7.88 | $78,800.00 | 34,890 | |
| 3/11/2016 | Andrew Newmark | EVP | Buy | 7,100 | $7.85 | $55,735.00 | 29,890 | |
| 12/15/2015 | Bart C Shuldman | CEO | Sell | 1,313 | $8.62 | $11,318.06 | 2,500 | |
| 12/1/2015 | Andrew Newmark | EVP | Buy | 5,000 | $8.97 | $44,850.00 | 14,790 | |
| 11/30/2015 | Andrew John Hoffman | SVP | Sell | 183 | $8.83 | $1,615.89 | 12,500 | |
| 11/30/2015 | Steven A. Demartino | CFO | Sell | 368 | $8.83 | $3,249.44 | 37,630 | |
| 11/19/2015 | Andrew John Hoffman | SVP | Sell | 4,666 | $8.62 | $40,220.92 | 12,500 | |
| 11/19/2015 | Bart C. Shuldman | CEO | Sell | 10,264 | $8.62 | $88,475.68 | 3,813 | |
| 11/19/2015 | Steven A. Demartino | CFO | Sell | 9,331 | $8.62 | $80,433.22 | 37,630 | |
| 6/10/2015 | Andrew Newmark | EVP | Buy | 2,017 | $7.35 | $14,824.95 | | |
| 6/2/2015 | Andrew Newmark | EVP | Buy | 7,773 | $6.51 | $50,602.23 | | |
| 12/16/2013 | Graham Y Tanaka | Director | Sell | 3,000 | $12.00 | $36,000.00 | | |
| 11/25/2013 | Tracey S Chernay | EVP | Sell | 3,750 | $12.81 | $48,037.50 | | |
| 11/22/2013 | Andrew John Hoffman | SVP | Sell | 5,758 | $12.67 | $72,953.86 | | |
| 11/22/2013 | Steven A Demartino | CFO | Sell | 8,354 | $12.63 | $105,511.02 | | |
| 11/19/2013 | Andrew John Hoffman | SVP | Sell | 8,478 | $12.94 | $109,705.32 | | |
| 11/19/2013 | Benjamin C Wyatt | VP | Sell | 4,200 | $13.00 | $54,600.00 | | |
| 11/19/2013 | Steven A Demartino | CFO | Sell | 11,646 | $13.00 | $151,398.00 | | |
| 11/14/2013 | Tracey S Chernay | EVP | Sell | 22,500 | $12.50 | $281,250.00 | | |
| 8/14/2013 | Tracey S Chernay | EVP | Sell | 13,000 | $8.77 | $114,010.00 | | |
| 8/13/2013 | Bart C Shuldman | CEO | Sell | 23,396 | $8.87 | $207,522.52 | | |
| 8/13/2012 | John Dillon | Director | Buy | 5,000 | $7.40 | $37,000.00 | | |
(Data available from 1/1/2013 forward)
TransAct Technologies (NASDAQ TACT) News Headlines
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TransAct Technologies (NASDAQ:TACT) SEC Filings
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TransAct Technologies (NASDAQ:TACT) Income Statement, Balance Sheet and Cash Flow Statement
TransAct Technologies (NASDAQ TACT) Stock Chart for Thursday, April, 19, 2018
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