Transact Technologies Inc. (TACT)
NASDAQ:TACT
Want to see TACT full AI Analyst Report?
Top Page
Transact Technologies
(NASDAQ:TACT)
Select Model
Select Model
Rating:65Neutral
Price Target:
$4.00
▲(3.90% Upside)
Action:Reiterated
Date:05/14/26
The score is primarily supported by a positive earnings update with raised adjusted EBITDA guidance and improved Q1 profitability, alongside a strong balance sheet and positive free cash flow. Offsetting factors are still-inconsistent underlying profitability (TTM net margin slightly negative) and a mixed technical picture with the stock below longer-term moving averages.
Positive Factors
Balance-sheet strength and liquidity
Low leverage and a multi‑million cash cushion provide durable financial flexibility to fund product development, buybacks, or absorb cyclical downturns. This reduces refinancing risk, supports strategic investments in recurring software, and sustains operations through 2–6 month horizon shocks.
Negative Factors
Inconsistent profitability historically
Trailing performance shows swings from profit to loss, with TTM still slightly negative. This volatility signals execution risk in sustaining margins and makes multi‑quarter forecasting less reliable, increasing the chance that recent gains could reverse without structural change.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet strength and liquidity
Low leverage and a multi‑million cash cushion provide durable financial flexibility to fund product development, buybacks, or absorb cyclical downturns. This reduces refinancing risk, supports strategic investments in recurring software, and sustains operations through 2–6 month horizon shocks.
Read all positive factors
Transact Technologies (TACT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$39.97M
Dividend YieldN/A
Average Volume (3M)50.85K
Price to Earnings (P/E)10.9
Beta (1Y)0.57
Revenue Growth15.50%
EPS Growth94.41%
CountryUS
Employees108
SectorTechnology
Sector Strength88
IndustryComputer Hardware
Share Statistics
EPS (TTM)-0.04
Shares Outstanding10,276,279
10 Day Avg. Volume55,540
30 Day Avg. Volume50,851
Financial Highlights & Ratios
PEG Ratio0.37
Price to Book (P/B)1.30
Price to Sales (P/S)0.78
P/FCF Ratio5.33
Enterprise Value/Market Cap0.61
Enterprise Value/Revenue0.46
Enterprise Value/Gross Profit0.95
Enterprise Value/Ebitda-235.55
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.05
Revenue Forecast (FY)$54.90M
Transact Technologies Business Overview & Revenue Model
Company Description
TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally. Its thermal printers and terminals to generates labels, coupons, and transaction rec...
How the Company Makes Money
TransAct makes money primarily by selling its products and related services to business customers through a mix of direct sales and channel partners (e.g., resellers, distributors, and other solution providers). Key revenue streams typically inclu...
Transact Technologies Earnings Call Summary
Earnings Call Date:May 12, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 12, 2026
Earnings Call Sentiment Positive
The call presented a largely positive operational and financial picture: top-line growth (+10% YoY), a meaningful adjusted EBITDA turnaround to $1.4M, strong recurring software and ARR momentum (+23% software, recurring FST +26% YoY), accelerated software platform go-live, and reaffirmed guidance with an increased EBITDA outlook. Offsets include a modest decline in FST hardware sales, a drop in ARPU (-7% YoY), declining legacy consumables/TSG revenue, and some SG&A increases. On balance the positive improvements in profitability, recurring revenue growth, and strategic progress outweigh the headwinds, supporting an overall constructive outlook.Positive Updates
Top-Line Growth
Total net sales of $14.4M in Q1 FY26, up 10% year-over-year (from $13.1M). Management reaffirmed 2026 net sales guidance of $55M–$57M.
Negative Updates
FST Net Sales Softness
FST net sales were $4.7M in Q1, down 4% YoY (from $4.9M) and down 2% sequentially from Q4 FY25 ($4.8M), reflecting lower hardware sales despite recurring revenue growth.
Read all updates
Q1-2026 Updates
Positive
Negative
Top-Line Growth
Total net sales of $14.4M in Q1 FY26, up 10% year-over-year (from $13.1M). Management reaffirmed 2026 net sales guidance of $55M–$57M.
Read all positive updates
Company Guidance
Management reaffirmed 2026 net sales guidance of $55–$57 million and raised full‑year adjusted EBITDA guidance to $1.0–$1.75 million, citing a strong Q1 start: Q1 net sales $14.4M, adjusted EBITDA $1.4M, net income $0.8M ($0.07/share), gross margin 50.3% (they expect high‑40s for FY), cash $18.8M and $3.0M of debt. They emphasized recurring/software momentum — software revenue +23% YoY, recurring/ARR revenue $3.3M, ARPU $709 (down from $761 a year ago) — and healthy unit metrics: 1.37k BOHA! terminals sold in Q1 and nearly 20k online terminals (↑1.06k YoY). Other Q1 highlights included 22 new logos (~1.4k potential future units), labels revenue $2.6M (+26% YoY), casino & gaming sales $8.3M (+24% YoY, +55% sequential), a cloud go‑live for BOHA! pulled forward to late Q2 2026, and a long‑term target of $100–$200 recurring software revenue per machine per month.Transact Technologies Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
72
Positive
Cash Flow
64
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 52.84M | 51.48M | 43.38M | 72.63M | 58.14M | 39.39M |
| Gross Profit | 25.91M | 25.02M | 21.48M | 38.40M | 24.41M | 15.38M |
| EBITDA | -104.00K | -743.00K | -2.21M | 7.70M | -6.36M | -4.97M |
| Net Income | -493.00K | -1.24M | -9.86M | 4.75M | -5.94M | -4.04M |
Balance Sheet | ||||||
| Total Assets | 47.89M | 44.77M | 44.03M | 54.48M | 51.83M | 50.93M |
| Cash, Cash Equivalents and Short-Term Investments | 18.84M | 20.43M | 14.39M | 12.32M | 7.95M | 19.46M |
| Total Debt | 3.36M | 561.00K | 4.19M | 3.90M | 4.81M | 2.57M |
| Total Liabilities | 15.60M | 13.65M | 13.40M | 15.07M | 17.97M | 11.95M |
| Stockholders Equity | 32.29M | 31.12M | 30.63M | 39.41M | 33.86M | 38.98M |
Cash Flow | ||||||
| Free Cash Flow | 6.56M | 7.56M | 1.54M | 4.61M | -13.52M | -3.89M |
| Operating Cash Flow | 6.89M | 7.67M | 1.86M | 5.51M | -12.22M | -2.51M |
| Investing Cash Flow | -2.16M | -1.61M | -322.00K | -901.00K | -1.30M | 222.00K |
| Financing Cash Flow | -138.00K | -119.00K | 634.00K | -87.00K | 2.06M | 11.47M |
Transact Technologies Technical Analysis
Positive
3.85
Price Trends
3.39
Positive
3.54
Positive
4.04
Negative
Market Momentum
0.12
Negative
66.28
Neutral
80.99
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TACT, the sentiment is Positive. The current price of 3.85 is above the 20-day moving average (MA) of 3.49, above the 50-day MA of 3.39, and below the 200-day MA of 4.04, indicating a neutral trend. The MACD of 0.12 indicates Negative momentum. The RSI at 66.28 is Neutral, neither overbought nor oversold. The STOCH value of 80.99 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TACT.
Transact Technologies Risk Analysis
Transact Technologies disclosed 39 risk factors in its most recent earnings report. Transact Technologies reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Transact Technologies Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $39.97M | 10.93 | -1.56% | ― | 15.50% | 94.41% | |
65 Neutral | $441.63M | -89.85 | 18.31% | ― | -2.54% | ― | |
64 Neutral | $109.47M | -15.34 | -3.10% | ― | -0.51% | 83.78% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
58 Neutral | $33.94M | -2.77 | -15.75% | ― | -18.35% | -170.78% | |
49 Neutral | $13.68M | -1.36 | -7.04% | ― | 11.39% | 30.41% | |
44 Neutral | $7.00M | -1.96 | -17.53% | ― | -16.56% | -412.98% |
* Technology Sector Average
TACT
Transact Technologies
3.89
0.33
9.27%
ALOT
AstroNova
14.23
5.22
57.94%
KTCC
Key Tronic
3.13
0.06
1.79%
SCKT
Socket Mobile
0.85
-0.27
-24.11%
OSS
One Stop Systems
17.83
15.33
613.20%
EBON
Ebang International Holdings
2.09
-1.71
-44.93%
Transact Technologies Corporate Events
Business Operations and StrategyExecutive/Board ChangesStock BuybackFinancial Disclosures
TransAct Reports Strong Q1 Results and Leadership Transition
Positive
May 12, 2026
On May 12, 2026, TransAct reported preliminary first-quarter 2026 results showing net sales up 10% year over year to $14.4 million, a return to GAAP profitability, and a 26% rise in recurring food service technology revenue to $3.3 million, suppor...
Business Operations and Strategy
TransAct Extends Ithaca Facility Lease, Reducing Near-Term Rent
Positive
Apr 3, 2026
On March 31, 2026, TransAct Technologies amended its long-standing lease for its primary operating facility in Ithaca, New York, extending the term by five years and six months from April 1, 2026 through September 30, 2031. This extension secures ...
Business Operations and StrategyRegulatory Filings and Compliance
TransAct Technologies Updates Bylaws, Modernizes Governance Framework
Positive
Mar 3, 2026
On February 25, 2026, TransAct Technologies’ Board of Directors approved amended and restated by-laws to modernize the company’s corporate governance framework, with a particular emphasis on virtual and hybrid shareholder meetings unde...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.