NASDAQ:TACT - TransAct Technologies Stock Price, News, & Analysis

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

TransAct Technologies announced a quarterly dividend on Tuesday, November 6th. Stockholders of record on Tuesday, November 20th will be given a dividend of $0.09 per share on Friday, December 14th. This represents a $0.36 annualized dividend and a dividend yield of 3.90%. The ex-dividend date of this dividend is Monday, November 19th. View TransAct Technologies' Dividend History.

TransAct Technologies announced that its board has approved a stock 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. Shares buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

TransAct Technologies Incorporated (NASDAQ:TACT) issued its earnings results on Tuesday, November, 6th. The technology company reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.24 by $0.09. The technology company had revenue of $15.84 million for the quarter, compared to the consensus estimate of $15.49 million. TransAct Technologies had a return on equity of 21.01% and a net margin of 7.23%. View TransAct Technologies' Earnings History.

TransAct Technologies is scheduled to release their next quarterly earnings announcement on Monday, March 4th 2019. View Earnings Estimates for TransAct Technologies.

1 equities research analysts have issued 1 year target prices for TransAct Technologies' stock. Their forecasts range from $16.50 to $16.50. On average, they anticipate TransAct Technologies' stock price to reach $16.50 in the next twelve months. This suggests a possible upside of 79.0% from the stock's current price. View Analyst Price Targets for TransAct Technologies.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TransAct Technologies in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TransAct Technologies.

Media coverage about TACT stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TransAct Technologies earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future.

Some companies that are related to TransAct Technologies include Immersion (IMMR), AstroNova (ALOT), RADCOM (RDCM), Key Tronic (KTCC), Identiv (INVE), RadiSys (RSYS), Interlink Electronics (LINK), Top Image Systems (TISA), IGO (IGOI) and Hauppauge Digital (HAUP).

TransAct Technologies' stock is owned by a number of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (5.44%), Cadence Capital Management LLC (2.35%), Algert Global LLC (1.87%), Bridgeway Capital Management Inc. (1.49%), Manatuck Hill Partners LLC (0.69%) and O Shaughnessy Asset Management LLC (0.14%). Company insiders that own TransAct Technologies stock include Andrew John Hoffman, Bart C Shuldman, David B Peters, Graham Y Tanaka, Haydee Olinger, Steven A Demartino, Thomas R Schwarz and Tracey S Chernay. View Institutional Ownership Trends for TransAct Technologies.

TACT stock was sold by a variety of institutional investors in the last quarter, including O Shaughnessy Asset Management LLC, Bridgeway Capital Management Inc. and Algert Global LLC. Company insiders that have sold TransAct Technologies company stock in the last year include Bart C Shuldman, David B Peters, Graham Y Tanaka, Steven A Demartino, Thomas R Schwarz and Tracey S Chernay. View Insider Buying and Selling for TransAct Technologies.

TACT stock was bought by a variety of institutional investors in the last quarter, including Manatuck Hill Partners LLC, Cadence Capital Management LLC and Renaissance Technologies LLC. View Insider Buying and Selling for 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.

One share of TACT stock can currently be purchased for approximately $9.22.

TransAct Technologies has a market capitalization of $69.03 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.

The official website for TransAct Technologies is http://www.transact-tech.com.

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]