TransAct Technologies (NASDAQ:TACT) Receiving Somewhat Positive News Coverage, Report Finds
Press coverage about TransAct Technologies (NASDAQ:TACT) has been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TransAct Technologies earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 47.3310894711966 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- Zacks: TransAct Technologies Incorporated (TACT) Receives Consensus Rating of “” from Analysts (americanbankingnews.com)
- Contrasting TransAct Technologies (TACT) & Avid Technology (AVID) (americanbankingnews.com)
- TransAct Technologies Incorporated (NASDAQ:TACT) Given Buy Rating at B. Riley (americanbankingnews.com)
- ValuEngine Upgrades TransAct Technologies Incorporated (NASDAQ:TACT) to Buy (americanbankingnews.com)
- Edited Transcript of TACT earnings conference call or presentation 3-Aug-17 8:30pm GMT (finance.yahoo.com)
Several analysts have weighed in on the company. B. Riley reissued a “buy” rating and set a $11.00 price objective on shares of TransAct Technologies in a report on Wednesday, August 2nd. ValuEngine raised TransAct Technologies from a “hold” rating to a “buy” rating in a report on Friday.
TransAct Technologies (NASDAQ TACT) traded down 2.06% during trading on Tuesday, hitting $9.50. The stock had a trading volume of 22,491 shares. The company has a market cap of $69.80 million, a price-to-earnings ratio of 18.20 and a beta of 0.74. The company has a 50-day moving average of $8.72 and a 200 day moving average of $8.13. TransAct Technologies has a 52 week low of $5.90 and a 52 week high of $9.80.
TransAct Technologies (NASDAQ:TACT) last issued its quarterly earnings data on Thursday, August 3rd. The technology company reported $0.12 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.06 by $0.06. TransAct Technologies had a return on equity of 16.84% and a net margin of 7.27%. The company had revenue of $13.60 million during the quarter, compared to the consensus estimate of $14.35 million. On average, equities research analysts anticipate that TransAct Technologies will post $0.51 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Monday, August 21st will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Thursday, August 17th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.79%. TransAct Technologies’s dividend payout ratio (DPR) is 65.45%.
COPYRIGHT VIOLATION WARNING: This article was first reported by Daily Political and is owned by of Daily Political. If you are accessing this article on another site, it was stolen and reposted in violation of US & international copyright & trademark law. The legal version of this article can be viewed at https://www.dailypolitical.com/2017/08/08/transact-technologies-nasdaqtact-receiving-somewhat-positive-news-coverage-report-finds.html.
TransAct Technologies Company Profile
TransAct Technologies Incorporated (TransAct) designs, develops and sells market-specific solutions, including printers, terminals, software and other products for transaction-based and other industries. The Company operates through the segment, which includes design, development, assembly and marketing of transaction printers and terminals, and providing printer and terminal related software, services, supplies and spare parts.
Receive News & Ratings for TransAct Technologies Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransAct Technologies Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.