Transact Technologies Incorporated Stock Today
| TACT Stock | USD 4.67 0.12 2.64% |
Performance0 of 100
| Odds Of DistressLess than 10
|
TransAct Technologies is selling for under 4.67 as of the 24th of April 2024; that is 2.64 percent up since the beginning of the trading day. The stock's last reported lowest price was 4.51. TransAct Technologies has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for TransAct Technologies Incorporated are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 22nd of August 1996 | Category Technology | Classification Information Technology |
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. The company has 9.99 M outstanding shares of which 45.83 K shares are at this time shorted by private and institutional investors with about 1.96 trading days to cover. More on TransAct Technologies Incorporated
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Follow Valuation Options Odds of Bankruptcy
Financial Report 14th of May 2024
TransAct Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. TransAct Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TransAct Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Executive Chairman and CEO | Bart Shuldman | ||||
| Business Concentration | Technology Hardware, Storage & Peripherals, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Technology Hardware, Storage & Peripherals, Computer Hardware, Technology, Cloud Computing (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering TransAct Technologies report their recommendations after researching TransAct Technologies' financial statements, talking to executives and customers, or listening in on TransAct Technologies' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering TransAct Technologies. The TransAct consensus assessment is calculated by taking the average forecast from all of the analysts covering TransAct Technologies. | |||||
TransAct Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to TransAct Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand TransAct Technologies' financial leverage. It provides some insight into what part of TransAct Technologies' total assets is financed by creditors.
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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. The company currently falls under 'Micro-Cap' category with a current market capitalization of 45.48 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 Technologies conducts business under Technology Hardware, Storage & Peripherals sector and is part of Information Technology industry. The entity has 9.99 M outstanding shares of which 45.83 K shares are at this time shorted by private and institutional investors with about 1.96 trading days to cover.
TransAct Technologies Incorporated currently holds about 3.89 M in cash with 5.51 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.39.
Check TransAct Technologies Probability Of Bankruptcy
Ownership AllocationTransAct Technologies maintains a total of 9.99 Million outstanding shares. Over half of TransAct Technologies' outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in TransAct Technologies. Please watch out for any change in the institutional holdings of TransAct Technologies as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check TransAct Ownership Details
TransAct Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of TransAct Technologies jumping above the current price in 90 days from now is about 91.9%. The TransAct Technologies Incorporated probability density function shows the probability of TransAct Technologies stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days TransAct Technologies has a beta of 0.8558. This usually implies TransAct Technologies Incorporated market returns are related to returns on the market. As the market goes up or down, TransAct Technologies is expected to follow. Additionally, transAct Technologies Incorporated has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of TransAct Technologies to move above the current price in 90 days from now is about 91.9 (This TransAct Technologies Incorporated probability density function shows the probability of TransAct Stock to fall within a particular range of prices over 90 days) .
TransAct Stock Institutional Holders
Institutional Holdings refers to the ownership stake in TransAct Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of TransAct Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing TransAct Technologies' value.| Instituion | Recorded On | 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 Technologies Historical Income Statement
TransAct Technologies Incorporated Income Statement is one of the three primary financial statements used for reporting TransAct's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of TransAct Technologies revenue and expense. TransAct Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, TransAct Technologies' Net Income From Continuing Ops is comparatively stable compared to the past year. Non Recurring is likely to gain to about 2.5 M in 2024, whereas Total Revenue is likely to drop slightly above 59.6 M in 2024. View More FundamentalsTransAct Stock Against Markets
Picking the right benchmark for TransAct Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in TransAct Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for TransAct Technologies is critical whether you are bullish or bearish towards TransAct Technologies Incorporated at a given time. Please also check how TransAct Technologies' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in TransAct Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Positions RatingsDetermine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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TransAct Technologies Corporate Directors
TransAct Technologies corporate directors refer to members of a TransAct Technologies board of directors. The board of directors generally takes responsibility for the TransAct Technologies' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of TransAct Technologies' board members must vote for the resolution. The TransAct Technologies board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Thomas Schwarz | Independent Director | Profile | |
| Haydee Olinger | Independent Director | Profile | |
| John Dillon | Independent Director | Profile | |
| Emanuel Hilario | Director | Profile |
How to buy TransAct Stock?
Before investing in TransAct Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in TransAct Technologies. To buy TransAct Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of TransAct Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase TransAct Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located TransAct Technologies Incorporated stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased TransAct Technologies Incorporated stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as TransAct Technologies Incorporated, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy TransAct Stock please use our How to Invest in TransAct Technologies guide.
Already Invested in TransAct Technologies Incorporated?
The danger of trading TransAct Technologies Incorporated is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of TransAct Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than TransAct Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TransAct Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.