Alert: New Earnings Report (11/9/23)-TransAct Technologies Inc (NASDAQ: TACT).


TransAct Technologies Inc (NASDAQ: TACT) has reported earnings for its third fiscal quarter (ending September 30) of $0.09 versus $0.05 for the same period a year ago — an increase of 80%. For the latest four quarters through September 30, E.P.S. were $0.51 compared to $-0.71 a year ago.


Recent Price Action

TransAct Technologies Inc (NASDAQ: TACT) stock closed at $6.16 on 11/9/23 after a large increase of 2.3%. The stock has risen 3.4% during the last week and has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, TACT is expected to continue to be Value Creation neutral.

TransAct Technologies has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. TransAct Technologies has a very low Appreciation Score of 9 but a slightly positive Power Rating of 69, triggering the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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