Transact Technologies Incorporated Stock Analysis
| TACT Stock | USD 4.66 0.12 2.51% |
TransAct Technologies Incorporated is undervalued with Real Value of 6.16 and Target Price of 10.0. The main objective of TransAct Technologies stock analysis is to determine its intrinsic value, which is an estimate of what TransAct Technologies Incorporated is worth, separate from its market price. There are two main types of TransAct Technologies' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect TransAct Technologies' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of TransAct Technologies' stock to identify patterns and trends that may indicate its future price movements.
The TransAct Technologies stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. TransAct Technologies is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. TransAct Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and TransAct Technologies' ongoing operational relationships across important fundamental and technical indicators.
TransAct |
TransAct Stock Analysis Notes
About 62.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.22. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TransAct Technologies has Price/Earnings To Growth (PEG) ratio of 0.91. The entity last dividend was issued on the 19th of November 2019. The firm had 3:2 split on the 5th of April 2004. 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. To find out more about TransAct Technologies Incorporated contact Bart Shuldman at 203 859 6800 or learn more at https://www.transact-tech.com.TransAct Technologies Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. TransAct Technologies' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding TransAct Technologies Incorporated or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| TransAct Technologies generated a negative expected return over the last 90 days | |
| About 62.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Acquisition by Haydee Olinger of 6700 shares of TransAct Technologies subject to Rule 16b-3 |
TransAct Technologies Upcoming and Recent Events
Earnings reports are used by TransAct Technologies to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to TransAct Technologies previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
TransAct Largest EPS Surprises
Earnings surprises can significantly impact TransAct Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-08-09 | 2023-06-30 | 0.07 | 0.08 | 0.01 | 14 | ||
2016-03-03 | 2015-12-31 | 0.08 | 0.07 | -0.01 | 12 | ||
2015-03-05 | 2014-12-31 | 0.06 | 0.05 | -0.01 | 16 |
TransAct Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as TransAct Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TransAct Technologies Incorporated backward and forwards among themselves. TransAct Technologies' institutional investor refers to the entity that pools money to purchase TransAct Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Essex Investment Management Company, Llc | 2023-12-31 | 63.2 K | Nantahala Capital Management, Llc | 2023-12-31 | 56.3 K | Northern Trust Corp | 2023-12-31 | 43.8 K | Gabelli Funds Llc | 2023-12-31 | 35 K | Bridgeway Capital Management, Llc | 2023-12-31 | 33 K | Teton Advisors Inc | 2023-12-31 | 32.5 K | State Street Corporation | 2023-12-31 | 27.9 K | Connors Investor Services | 2023-12-31 | 23 K | Citadel Advisors Llc | 2023-09-30 | 20.4 K | B. Riley Financial Inc | 2023-12-31 | 1.1 M | 325 Capital Llc | 2023-09-30 | 1 M |
TransAct Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 46.58 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TransAct Technologies's market, we take the total number of its shares issued and multiply it by TransAct Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.TransAct Profitablity
TransAct Technologies' profitability indicators refer to fundamental financial ratios that showcase TransAct Technologies' ability to generate income relative to its revenue or operating costs. If, let's say, TransAct Technologies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, TransAct Technologies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of TransAct Technologies' profitability requires more research than a typical breakdown of TransAct Technologies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.07 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.04) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.04. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.09 | 0.05 | |
| Return On Capital Employed | 0.14 | 0.09 | |
| Return On Assets | 0.09 | 0.05 | |
| Return On Equity | 0.12 | 0.13 |
Management Efficiency
TransAct Technologies 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.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.96 | 2.17 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 3.69 | 1.93 | |
| Enterprise Value Over EBITDA | 8.48 | 8.84 | |
| Price Book Value Ratio | 1.76 | 1.67 | |
| Enterprise Value Multiple | 8.48 | 8.84 | |
| Price Fair Value | 1.76 | 1.67 | |
| Enterprise Value | 190.3 M | 199.9 M |
The analysis of TransAct Technologies' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze TransAct Technologies' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of TransAct Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.894 |
Technical Drivers
As of the 19th of April, TransAct Technologies has the Variance of 7.4, risk adjusted performance of (0.15), and Coefficient Of Variation of (402.21). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of TransAct Technologies, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down thirteen technical drivers for TransAct Technologies Incorporated, which can be compared to its competition. Please validate TransAct Technologies mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if TransAct Technologies is priced more or less accurately, providing market reflects its prevalent price of 4.66 per share. Given that TransAct Technologies has information ratio of (0.27), we advise you to double-check TransAct Technologies Incorporated's current market performance to make sure the company can sustain itself at a future point.TransAct Technologies Price Movement Analysis
The output start index for this execution was fourty-nine with a total number of output elements of twelve. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. TransAct Technologies middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for TransAct Technologies. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
TransAct Technologies Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific TransAct Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on TransAct Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases TransAct Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Haydee Olinger few days ago Acquisition by Haydee Olinger of 6700 shares of TransAct Technologies subject to Rule 16b-3 | ||
John Dillon over a week ago Acquisition by John Dillon of 1100 shares of TransAct Technologies subject to Rule 16b-3 | ||
John Dillon over a month ago Disposition of 1100 shares by John Dillon of TransAct Technologies subject to Rule 16b-3 | ||
John Dillon over a month ago Disposition of 1250 shares by John Dillon of TransAct Technologies subject to Rule 16b-3 | ||
John Dillon over a month ago Disposition of 1600 shares by John Dillon of TransAct Technologies subject to Rule 16b-3 |
TransAct Technologies Predictive Daily Indicators
TransAct Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of TransAct Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
TransAct Technologies Corporate Filings
| 10th of April 2024 Other Reports | ViewVerify | |
| 8th of April 2024 Other Reports | ViewVerify | |
13A | 5th of April 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
10K | 13th of March 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 12th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 5th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 4th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 28th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
TransAct Technologies Forecast Models
TransAct Technologies' time-series forecasting models are one of many TransAct Technologies' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary TransAct Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About TransAct Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how TransAct Technologies prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling TransAct shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as TransAct Technologies. By using and applying TransAct Stock analysis, traders can create a robust methodology for identifying TransAct entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.08 | 0.09 | |
| Operating Profit Margin | 0.08 | 0.08 | |
| Net Profit Margin | 0.07 | 0.07 | |
| Gross Profit Margin | 0.51 | 0.30 |
Current TransAct Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. TransAct analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. TransAct analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 10.0 | Strong Buy | 2 | Odds |
Most TransAct analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand TransAct stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of TransAct Technologies, talking to its executives and customers, or listening to TransAct conference calls.
TransAct Stock Analysis Indicators
TransAct Technologies Incorporated stock analysis indicators help investors evaluate how TransAct Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading TransAct Technologies shares will generate the highest return on investment. By understating and applying TransAct Technologies stock analysis, traders can identify TransAct Technologies position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 7.9 M | |
| Common Stock Shares Outstanding | 10 M | |
| Total Stockholder Equity | 39.4 M | |
| Tax Provision | 1.5 M | |
| Quarterly Earnings Growth Y O Y | 0.8 | |
| Property Plant And Equipment Net | 4 M | |
| Cash And Short Term Investments | 12.3 M | |
| Cash | 12.3 M | |
| Accounts Payable | 4.4 M | |
| Net Debt | -8.4 M | |
| 50 Day M A | 6.127 | |
| Total Current Liabilities | 13.6 M | |
| Other Operating Expenses | 66.9 M | |
| Non Current Assets Total | 13.5 M | |
| Forward Price Earnings | 47.3934 | |
| Non Currrent Assets Other | 43 K | |
| Stock Based Compensation | 860 K |
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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.