TransAct Technologies Incorporated (TACT)
NASDAQ: TACT · Real-Time Price · USD
3.910
-0.080 (-2.01%)
Nov 21, 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 91.82% from the current stock price of 3.91.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $7.50 $7.50 $7.50 $7.50
Change +91.82% +91.82% +91.82% +91.82%
* 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 111111
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 111111

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 +91.82% May 8, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Maintains
$10$9
Strong Buy Maintains $10$9 +130.18% Mar 13, 2024
Barrington Research
Barrington Research
Buy
Maintains
$13$12
Buy Maintains $13$12 +206.91% Aug 19, 2022
Craig-Hallum
Craig-Hallum
Strong Buy
Initiates
$20
Strong Buy Initiates $20 +411.51% Oct 6, 2021
B. Riley Securities
B. Riley Securities
Hold
Downgrades
$14$4
Hold Downgrades $14$4 +2.30% Mar 27, 2020
More Analyst Ratings

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
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025
Revenue
45.75M30.60M39.39M58.14M72.63M48.10M59.00M
Revenue Growth
-16.19%-33.12%28.73%47.61%24.93%-33.77%22.65%
EPS
0.07-0.72-0.43-0.600.47-0.30-0.04
EPS Growth
-90.13%------
Forward PE
-------
No. Analysts -----44
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 49.8M 63.1M
Avg 48.1M 59.0M
Low 46.0M 54.4M

Revenue Growth

Revenue Growth 20242025
High
-31.5%
31.2%
Avg
-33.8%
22.6%
Low
-36.7%
13.2%

EPS Forecast

EPS 20242025
High -0.27 -0.02
Avg -0.30 -0.04
Low -0.31 -0.06

EPS Growth

EPS Growth 20242025
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.