TransAct Technologies Incorporated (TACT)
NASDAQ: TACT · Real-Time Price · USD
4.180
-0.060 (-1.42%)
Nov 4, 2024, 4:00 PM EST - Market closed
TransAct Technologies Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for TACT stock has a target of 7.50, which predicts an increase of 79.43% from the current stock price of 4.18.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 8, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for TACT is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $9 → $7.5 | Strong Buy | Maintains | $9 → $7.5 | +79.43% | May 8, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $10 → $9 | Strong Buy | Maintains | $10 → $9 | +115.31% | Mar 13, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $13 → $12 | Buy | Maintains | $13 → $12 | +187.08% | Aug 19, 2022 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $20 | Strong Buy | Initiates | $20 | +378.47% | Oct 6, 2021 |
| B. Riley Securities | B. Riley Securities | Strong Buy → Hold Downgrades $14 → $4 | Strong Buy → Hold | Downgrades | $14 → $4 | -4.31% | Mar 27, 2020 |
Financial Forecast
Revenue This Year
48.10M
from 72.63M
Decreased by -33.77%
Revenue Next Year
59.00M
from 48.10M
Increased by 22.65%
EPS This Year
-0.30
from 0.47
EPS Next Year
-0.04
from -0.30
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 49.8M | 63.1M |
| Avg | 48.1M | 59.0M |
| Low | 46.0M | 54.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -31.5% | 31.2% |
| Avg | -33.8% | 22.6% |
| Low | -36.7% | 13.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.27 | -0.02 |
| Avg | -0.30 | -0.04 |
| Low | -0.31 | -0.06 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.