TransAct stock: buy or sell?
May 21st, 2019
TransAct Technologies Incorporated designs, develops, assembles, and markets transaction-based and specialty printers and terminals in the United States and internationally.
Should I buy TransAct stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, TransAct Technologies stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is TransAct Technologies stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't find any rating for TACT stock for the last month.
TransAct stock analysis
Shares of TransAct closed today at $8.86 and stepped up a good 1.26%.
TransAct Technologies stepped up a good 1.26% and closed at $8.86.
TransAct stayed constant a neutral -0.23% this week. For 4 weeks in a row, price slid and lost a -8.23%.
TransAct stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since early November 2018, when TACT stock price broke down the 40-weeks moving avarage line, it slid $-5.49 per share (-38.26%). Stocks below the 40-weeks moving average line are usually not recommended for average traders.
TransAct stock price history
TransAct IPO was on August 22nd, 1996 at $4.54 per share1. Since then, TACT stock grew a 95.20%, with a yearly average of 4.30%. If you had invested right after TACT's IPO a $1,000 in TransAct stock in 1996, it would worth $952.00 today.
1: Adjusted price after possible price splits or reverse-splits.
TransAct stock historical price chart
TACT stock reached 52-week highs on October at $15.53, and all-time highs 2004-06-02 with a price of 26.48.
TransAct stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' TACT stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price prediction for TransAct stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareTransAct let down analysts on March when it published an Earnings per Share (EPS) of $0.12 when the analysts' forecast was $0.13.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, TransAct Technologies annual turnover depreciated a lame -3.06% to $54.59 million USD from $56.31 marked in 2017. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) grew a 4.24% to 9.94%.
|2013||$60 M||-||$4.94 M8.2%||-|
|2014||$53 M||-11.69%||$-2.42 M-4.6%||-149.01%|
|2015||$60 M||12.37%||$3.09 M5.2%||-227.72%|
|2016||$57 M||-4.09%||$3.62 M6.3%||16.98%|
|2017||$56 M||-1.61%||$3.21 M5.7%||-11.22%|
|2018||$55 M||-3.06%||$5.43 M9.9%||68.98%|
Quarterly financial resultsTransAct Technologies posted $11.76 million in sales for 2018-Q4, a -25.78% decline compared to previous quarter. Reported quarter earnings marked $0.96 million with a profit margin of 8.18%. Profit margin dropped a -8.07% compared to previous quarter when profit margin was 16.25%. When comparing revenues to same quarter last year, TransAct sales marked a godawful loss and plunged a -10.91%.
|2017-Q1||$14 M||-||$0.94 M6.7%||-|
|2017-Q2||$14 M||-2.86%||$0.87 M6.4%||-8.06%|
|2017-Q3||$16 M||14.15%||$1.81 M11.7%||109.11%|
|2017-Q4||$13 M||-15.01%||$-0.41 M-3.1%||-122.72%|
|2018-Q1||$12 M||-7.21%||$0.68 M5.6%||-265.05%|
|2018-Q2||$15 M||20.49%||$1.21 M8.2%||77.94%|
|2018-Q3||$16 M||7.37%||$2.57 M16.3%||112.73%|
|2018-Q4||$12 M||-25.78%||$0.96 M8.2%||-62.63%|
TransAct ownershipWhen you are planning to invest in a stock, it's worth to overview its ownership structure.
TransAct shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 4.32% of all shares.
In case of TransAct stock, 51.57% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for TACT stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related companies:
|Market cap||$66.1 M||$184.0 M||$2.3 B||$13.8 B||$984.3 M|
|Total shares||7.5 M||7.0 M||49.1 M||145.3 M||34.5 M|
|Float shares||6.2 M||6.2 M||47.6 M||143.3 M||34.1 M|
|- Institutional holdings (%)||51.6%||60.0%||88.2%||90.7%||100.0%|
|- Insider holdings (%)||4.3%||12.4%||3.8%||2.6%||2.2%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$8.71 - $8.86|
|Average true range||$0.27|
|50d mov avg||$8.96|
|100d mov avg||$9.45|
|200d mov avg||$11.13|
TransAct performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare TransAct to AstroNova, Brady, Dover, Synaptics, USA Technologies and Zebra Technologies: