In a report released today, George Sutton from Craig-Hallum maintained a Buy rating on Transact Technologies (TACT – Research Report). The company’s shares closed last Friday at $5.18.
According to TipRanks, Sutton is a 5-star analyst with an average return of 13.0% and a 46.82% success rate. Sutton covers the Technology sector, focusing on stocks such as Par Technology, AudioEye, and ACI Worldwide.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Transact Technologies with a $10.00 average price target.
Based on Transact Technologies’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $13.27 million and a GAAP net loss of $62 thousand. In comparison, last year the company earned a revenue of $17.96 million and had a net profit of $260 thousand
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Transact Technologies (TACT) Company Description:
TransAct Technologies, Inc. operates as a software-driven technology and printing solutions company. It engages in food safety, POS automation, casino and gaming, lottery, mobile and oil and gas. The firm’s products are sold under the AccuDate, EPICENTRAL, Epic, Ithaca, RESPONDER and Printrex brands. It supplies consumables used in the printing and scanning activities of customers in the hospitality, banking, retail, gaming, government and oil and gas exploration markets. The company was founded in June 1996 and is headquartered in Hamden, CT.
