Andrew Hoffman - TransAct Technologies Sr. VP of Operations

TACT Stock  USD 4.67  0.12  2.64%   

SVP

Mr. Andrew J. Hoffman is Senior Vice President Operations of Transact Technologies Inc, . He served as Vice President, Operations from September 1994 to November 2004. since 2004.
Age 56
Tenure 20 years
Address One Hamden Center, Hamden, CT, United States, 06518
Phone203 859 6800
Webhttps://www.transact-tech.com

TransAct Technologies Management Efficiency

The company has return on total asset (ROA) of 0.0673 % which means that it generated a profit of $0.0673 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1296 %, meaning that it created $0.1296 on every $100 dollars invested by stockholders. TransAct Technologies' management efficiency ratios could be used to measure how well TransAct Technologies manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to gain to 0.13 in 2024, whereas Return On Tangible Assets are likely to drop 0.05 in 2024. At this time, TransAct Technologies' Non Current Liabilities Total is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 4.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 8.8 M in 2024.
The company currently holds 3.9 M in liabilities with Debt to Equity (D/E) ratio of 0.09, which may suggest the company is not taking enough advantage from borrowing. TransAct Technologies has a current ratio of 2.77, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist TransAct Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, TransAct Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TransAct Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TransAct to invest in growth at high rates of return. When we think about TransAct Technologies' use of debt, we should always consider it together with cash and equity.
TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally. TransAct Technologies Incorporated was incorporated in 1996 and is headquartered in Hamden, Connecticut. Transact Tech operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 118 people. TransAct Technologies Incorporated (TACT) is traded on NASDAQ Exchange in USA. It is located in One Hamden Center, Hamden, CT, United States, 06518 and employs 117 people. TransAct Technologies is listed under Technology Hardware, Storage & Peripherals category by Fama And French industry classification.

Management Performance

TransAct Technologies Leadership Team

Elected by the shareholders, the TransAct Technologies' board of directors comprises two types of representatives: TransAct Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TransAct. The board's role is to monitor TransAct Technologies' management team and ensure that shareholders' interests are well served. TransAct Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, TransAct Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Donald Brooks, Sr. VP of Engineering
Steven DeMartino, President, CFO, Treasurer and Secretary
Miguel Ortiz, Senior Marketing
Thomas Schwarz, Independent Director
Benjamin Wyatt, Vice Development
Louis Kelly, Senior Gaming
Raymond Walsh, Senior Vice President Global Restaurant Solution Sales
William DeFrances, VP Officer
Brent Richstmeier, Chief Officer
Monique Iken, Senior Operations
Haydee Olinger, Independent Director
John Dillon, Independent Director
Bart Shuldman, Executive Chairman and CEO
Lynn Kozlowski, Vice Resources
Emanuel Hilario, Director
Tracey Winslow, Global Officer
David Block, VP Engineering
David Peters, Principal Accounting Officer
Brent Richtsmeier, Chief Officer
Tracey Chernay, Sr. VP of Global Casino, Gaming and Lottery
Andrew Newmark, Executive VP of Global Sales and Marketing
Gaurav Bahri, Chief Market
Graham Tanaka, Independent Director
Andrew Hoffman, Sr. VP of Operations

TransAct Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is TransAct Technologies a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether TransAct Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TransAct Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Transact Technologies Incorporated Stock. Highlighted below are key reports to facilitate an investment decision about Transact Technologies Incorporated Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TransAct Technologies Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the TransAct Technologies information on this page should be used as a complementary analysis to other TransAct Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for TransAct Stock analysis

When running TransAct Technologies' price analysis, check to measure TransAct Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TransAct Technologies is operating at the current time. Most of TransAct Technologies' value examination focuses on studying past and present price action to predict the probability of TransAct Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TransAct Technologies' price. Additionally, you may evaluate how the addition of TransAct Technologies to your portfolios can decrease your overall portfolio volatility.
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Is TransAct Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TransAct Technologies. If investors know TransAct will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TransAct Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.8
Earnings Share
0.47
Revenue Per Share
7.299
Quarterly Revenue Growth
(0.26)
Return On Assets
0.0673
The market value of TransAct Technologies is measured differently than its book value, which is the value of TransAct that is recorded on the company's balance sheet. Investors also form their own opinion of TransAct Technologies' value that differs from its market value or its book value, called intrinsic value, which is TransAct Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TransAct Technologies' market value can be influenced by many factors that don't directly affect TransAct Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TransAct Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if TransAct Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TransAct Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.