Want to see TACT full AI Analyst Report?
Top Page
Transact Technologies
(NASDAQ:TACT)
Select Model
Select Model
Rating:64Neutral
Price Target:
$6.00
▲(19.28% Upside)
Action:Reiterated
Date:08/12/26
The score reflects improving business momentum (positive technical setup and a strong, guidance-supportive earnings update) and a solid balance sheet/FCF profile, tempered by still-inconsistent profitability and a negative P/E that keeps valuation risk elevated. Corporate initiatives (BOHA! SaaS platform rollout and strategic review) add upside potential but are not yet fully proven.
Positive Factors
Cash generation
Sustained positive operating and free cash flow provides durable internal funding for product development, BOHA! platform rollout, share repurchases and working capital. This cash generation underpins strategic flexibility even while earnings have been volatile, supporting execution over months.
Negative Factors
Profitability volatility
Earnings have swung materially year-to-year, so GAAP profitability is not yet reliably durable. This volatility complicates reinvestment planning, raises execution risk for the software pivot and makes multi-quarter forecasting of cash available for growth or buybacks uncertain.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation
Sustained positive operating and free cash flow provides durable internal funding for product development, BOHA! platform rollout, share repurchases and working capital. This cash generation underpins strategic flexibility even while earnings have been volatile, supporting execution over months.
Read all positive factors
Transact Technologies (TACT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$54.57M
Dividend YieldN/A
Average Volume (3M)50.85K
Price to Earnings (P/E)―
Beta (1Y)0.62
Revenue Growth10.52%
EPS Growth95.37%
CountryUS
Employees103
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 Ratio0.38
Price to Book (P/B)1.30
Price to Sales (P/S)0.78
P/FCF Ratio5.33
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.05
Revenue Forecast (FY)$55.50M
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. It offers thermal printers and terminals to generate labels, coupons, and transactio...
How the Company Makes Money
TransAct primarily makes money by selling transaction-printing hardware (specialty printers) into its served markets, generating product revenue at the time of shipment. A meaningful portion of its business is tied to recurring or repeat purchase ...
Transact Technologies Earnings Call Summary
Earnings Call Date:Aug 11, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 05, 2026
Earnings Call Sentiment Positive
The call communicated several meaningful operational and strategic positives: strong execution on the BOHA! rollout (1,900 units sold), substantial software revenue growth (+47% YoY), an expanding online install base (~22,000 units, +33% YoY), a completed migration to Azure, improved gross margin (50.2%), improved adjusted EBITDA for H1 and an upgraded EBITDA outlook. Offsetting these positives were near-term headwinds from the tariff ruling (≈$1.0M customer refunds and a ~$400K EBITDA impact), declining ARPU, some sequential weakness in reported gaming revenue, and higher near-term selling & marketing spend as the company invests in GTM. Management addressed metric transparency and has initiated a strategic review of the casino & gaming business which could unlock value but adds near-term uncertainty. Overall, the operational momentum in software and recurring revenue alongside a strong balance sheet and raised EBITDA guidance outweigh the quarter-specific challenges.Positive Updates
Total Net Sales and Tariff-Adjusted Growth
Reported total net sales of $13.9M in Q2 2026. Excluding an estimated ~$1.0M of customer refunds related to a U.S. Supreme Court tariff ruling, net sales would have been ~$14.9M, representing approximately +8% year-over-year.
Negative Updates
Tariff Ruling Impacted Sales and Margins
U.S. Supreme Court ruling on import tariffs led to estimated $1.0M in customer refunds that reduced reported sales and contributed to an approximate $400K negative impact on adjusted EBITDA; company recorded a ~$600K reduction to cost of goods sold related to government refunds and has received roughly $500K of expected government refunds to date.
Read all updates
Q2-2026 Updates
Positive
Negative
Total Net Sales and Tariff-Adjusted Growth
Reported total net sales of $13.9M in Q2 2026. Excluding an estimated ~$1.0M of customer refunds related to a U.S. Supreme Court tariff ruling, net sales would have been ~$14.9M, representing approximately +8% year-over-year.
Read all positive updates
Company Guidance
The company reaffirmed its full‑year 2026 net sales outlook at roughly $55–57 million and raised adjusted EBITDA guidance to $1.5–$2.0 million after generating $1.9 million of adjusted EBITDA in the first half; Q2 results included $13.9 million of net sales (about $14.9 million excluding an estimated $1.0 million of customer tariff refunds), $514,000 of adjusted EBITDA (said to be impacted by roughly $400,000 of tariff adjustments), and a 50.2% gross margin (management still expects full‑year gross margin in the mid‑to‑high 40% range); tariff actions also produced an approximate $600,000 reduction to COGS with about $500,000 of government refunds received to date (~80% of expected), cash of $19.4 million on the balance sheet, and operating metrics showing continued software momentum (Q2 FST sales $5.2M, recurring FST sales $3.4M, software revenue +47% YOY, ARPU $673, sold 1,900 BOHA! units in Q2 and ~3,270 YTD with ~22,000 online units, +33% YOY).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 | 292.00K | -73.00K | -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 | 6.36M | 3.56M | 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
5.03
Price Trends
5.20
Positive
4.35
Positive
4.15
Positive
Market Momentum
0.14
Negative
50.41
Neutral
65.16
Neutral
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 5.03 is below the 20-day moving average (MA) of 5.28, below the 50-day MA of 5.20, and above the 200-day MA of 4.15, indicating a bullish trend. The MACD of 0.14 indicates Negative momentum. The RSI at 50.41 is Neutral, neither overbought nor oversold. The STOCH value of 65.16 is Neutral, 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 | $26.78B | 11.42 | -473.44% | 4.62% | 7.20% | 4.12% | |
64 Neutral | $54.57M | -152.84 | -1.25% | ― | 10.52% | 95.37% | |
64 Neutral | $226.77M | -164.67 | -1.75% | ― | -2.47% | 91.69% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
54 Neutral | $41.92M | -2.46 | -15.75% | ― | -18.35% | -170.78% | |
47 Neutral | $62.90M | -4.08 | -11.74% | ― | 3.11% | 46.15% | |
46 Neutral | $13.43M | -0.74 | -142.26% | ― | -17.40% | -403.04% |
* Technology Sector Average
TACT
Transact Technologies
5.11
0.91
21.55%
ALOT
AstroNova
28.90
17.49
153.29%
HPQ
HP
31.30
5.69
22.19%
INVE
Identiv
2.65
-1.02
-27.79%
KTCC
Key Tronic
3.94
1.15
41.22%
SCKT
Socket Mobile
1.36
0.34
33.33%
Transact Technologies Corporate Events
Business Operations and StrategyExecutive/Board ChangesFinancial Disclosures
TransAct Technologies Boosts Results, Advances BOHA! SaaS Strategy
Positive
Aug 11, 2026
On August 10, 2026, TransAct Technologies entered into a severance agreement with Chief Financial Officer, Treasurer and Secretary Troy W. Ingianni, setting structured cash, bonus and benefits protections for terminations without cause, enhanced p...
Business Operations and StrategyExecutive/Board Changes
TransAct Technologies Names Troy Ingianni as New CFO
Positive
Jun 29, 2026
On June 29, 2026, TransAct Technologies announced that veteran finance executive Troy W. Ingianni has been appointed Chief Financial Officer, Secretary, Treasurer and Principal Accounting Officer, effective July 1, 2026. Ingianni, a CPA with more ...
Executive/Board ChangesShareholder Meetings
TransAct Shareholders Approve Directors, Auditor and Executive Pay
Positive
May 27, 2026
At its 2026 Annual Meeting of Stockholders held on May 26, 2026, TransAct Technologies shareholders elected six directors — John M. Dillon, Audrey P. Dunning, Daniel M. Friedberg, Randall S. Friedman, Emanuel P. N. Hilario, and Haydee Ortiz ...
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...
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.