TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally.
Adequate balance sheet and overvalued.
Share Price & News
How has TransAct Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TACT's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TACT underperformed the US Tech industry which returned 69.6% over the past year.
Return vs Market: TACT underperformed the US Market which returned 5% over the past year.
Price Volatility Vs. Market
How volatile is TransAct Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StShould You Be Concerned About TransAct Technologies Incorporated's (NASDAQ:TACT) Historical Volatility?
1 month ago | Simply Wall StTransAct Technologies Incorporated (NASDAQ:TACT) Just Reported And Analysts Have Been Cutting Their Estimates
2 months ago | Simply Wall StWho Has Been Selling TransAct Technologies Incorporated (NASDAQ:TACT) Shares?
Is TransAct Technologies undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: TACT ($4.51) is trading above our estimate of fair value ($0.46)
Significantly Below Fair Value: TACT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TACT is unprofitable, so we can't compare its PE Ratio to the Tech industry average.
PE vs Market: TACT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TACT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TACT is good value based on its PB Ratio (1.3x) compared to the US Tech industry average (1.4x).
How is TransAct Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TACT is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: TACT is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: TACT is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: TACT's revenue (7.5% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: TACT's revenue (7.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TACT's Return on Equity is forecast to be high in 3 years time
How has TransAct Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TACT is currently unprofitable.
Growing Profit Margin: TACT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TACT is unprofitable, but has reduced losses over the past 5 years at a rate of 14.6% per year.
Accelerating Growth: Unable to compare TACT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TACT is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (-8.5%).
Return on Equity
High ROE: TACT has a negative Return on Equity (-4.79%), as it is currently unprofitable.
How is TransAct Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: TACT's short term assets ($21.0M) exceed its short term liabilities ($6.5M).
Long Term Liabilities: TACT's short term assets ($21.0M) exceed its long term liabilities ($3.8M).
Debt to Equity History and Analysis
Debt Level: TACT's debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TACT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TACT's debt is well covered by operating cash flow (356.3%).
Interest Coverage: Insufficient data to determine if TACT's interest payments on its debt are well covered by EBIT.
What is TransAct Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TACT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TACT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TACT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TACT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TACT is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TACT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bart Shuldman (63yo)
Mr. Bart C. Shuldman has been the Chief Executive Officer of Transact Technologies Inc. since June 1996 and its Executive Chairman since February 2001. Mr. Shuldman serves as the Chief Executive Officer an ...
CEO Compensation Analysis
Compensation vs Market: Bart's total compensation ($USD1.42M) is above average for companies of similar size in the US market ($USD605.69K).
Compensation vs Earnings: Bart's compensation has been consistent with company performance over the past year.
|Executive Chairman & CEO||24.08yrs||US$1.42m||0.92% $313.1k|
|Senior Vice President of Operations||15.67yrs||US$331.63k||0.18% $61.1k|
|Senior Vice President of Casino||15.17yrs||US$302.91k||no data|
|Senior Vice President of Engineering||8.25yrs||US$278.98k||0.0033% $1.1k|
|VP & Chief Accounting Officer||2.33yrs||no data||no data|
|Senior Vice President of Global Sales||1.42yrs||no data||no data|
|Senior Vice President of Software Engineering||3.33yrs||no data||no data|
Experienced Management: TACT's management team is seasoned and experienced (9.2 years average tenure).
|Executive Chairman & CEO||24.08yrs||US$1.42m||0.92% $313.1k|
|Independent Director||24.08yrs||US$85.50k||0.56% $188.9k|
|Independent Director||9.08yrs||US$85.50k||0.58% $196.3k|
|Independent Director||1.17yrs||US$68.80k||no data|
|Independent Director||2yrs||US$85.50k||0.059% $20.1k|
Experienced Board: TACT's board of directors are considered experienced (9.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TACT insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TransAct Technologies Incorporated's company bio, employee growth, exchange listings and data sources
- Name: TransAct Technologies Incorporated
- Ticker: TACT
- Exchange: NasdaqGM
- Founded: 1996
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: US$34.004m
- Shares outstanding: 7.54m
- Website: https://www.transact-tech.com
Number of Employees
- TransAct Technologies Incorporated
- One Hamden Center
- Suite 3B
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TACT||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Aug 1996|
TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally. It offers thermal and inkjet printers and terminals to generate labels, coupons, and transaction records, such as receipts, tickets, and other documents, as well as printed logging and plotting of data. The company also provides consumable products, including inkjet cartridges, ribbons, receipt papers, color thermal papers, food safety labels, and other printing supplies, as well as replacement parts; maintenance, repair, and testing services; and refurbished printers. In addition, it offers EPICENTRAL print system, a software solution that enables casino operators to create promotional coupons and marketing messages, and print them at the slot machine; and technical support services, as well as spare parts and accessories. Further, the company provides AccuDate terminals for the restaurant solutions market combine hardware and software in a device that includes an operating system, touchscreen, and one or two thermal print mechanisms. The company markets its products under the BOHA!, AccuDate, Epic, EPICENTRAL, Ithaca, and Printrex brand names for restaurant, point of sale automation and banking, casino and gaming, lottery, oil and gas, and hospitality markets, as well as government. It sells its products to original equipment manufacturers, resellers, and distributors, as well as through directly and online Webstore transactsupplies.com to end-users. TransAct Technologies Incorporated was founded in 1996 and is headquartered in Hamden, Connecticut.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/04 23:59|
|End of Day Share Price||2020/07/02 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.