TransAct Technologies Incorporated (TACT)
NASDAQ: TACT · IEX Real-Time Price · USD
4.550
-0.260 (-5.41%)
At close: Apr 23, 2024, 4:00 PM
4.770
+0.220 (4.84%)
After-hours: Apr 23, 2024, 4:27 PM EDT
TransAct Technologies Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for TACT stock has a target of 9.00, which predicts an increase of 97.80% from the current stock price of 4.55.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 13, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 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 | 2 | 2 | 2 | 2 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $10 → $9 | Strong Buy | Maintains | $10 → $9 | +97.80% | Mar 13, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $13 → $12 | Buy | Maintains | $13 → $12 | +163.74% | Aug 19, 2022 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Oct 6, 2021 |
| B. Riley Securities | B. Riley Securities | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Mar 27, 2020 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Dec 19, 2019 |
Financial Forecast
Revenue This Year
55.23M
from 72.63M
Decreased by -23.96%
Revenue Next Year
67.95M
from 55.23M
Increased by 23.04%
EPS This Year
-0.23
from 0.47
EPS Next Year
0.14
from -0.23
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 57.0M | 69.9M |
| Avg | 55.2M | 68.0M |
| Low | 52.9M | 65.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -21.5% | 26.7% |
| Avg | -24.0% | 23.0% |
| Low | -27.1% | 18.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.22 | 0.15 |
| Avg | -0.23 | 0.14 |
| Low | -0.25 | 0.14 |
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.