WallStreetZenWallStreetZen

How to Buy Transact Technologies Stock

Transact Technologies Inc

TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally.

Transact Technologies stock last closed at $4.66, down 2.51% from the previous day, and has decreased 22.2% in one year. It has underperformed other stocks in the Computer Hardware industry by 1.64 percentage points. Transact Technologies stock is currently +2.87% from its 52-week low of $4.53, and -50.64% from its 52-week high of $9.44.

There are currently 9.96M TACT shares outstanding. The market capitalization of TACT is $46.44M. In the last 24 hours, 23,123 TACT shares were traded.

How to Buy Transact Technologies Stock

Wondering how to invest in Transact Technologies stock? Here's how.
  1. Choose where to buy Transact Technologies stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Transact Technologies stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Choose your payment method and add your details.
  4. Research Transact Technologies stock: The Transact Technologies ticker symbol is TACT. Is Transact Technologies stock a good investment? Should you buy shares of TACT? How do TACT's underlying business fundamentals look? Do top analysts think Transact Technologies is a good buy? Why has TACT's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if TACT is a good stock to buy).
  5. Place your TACT buy order: Decide if you will purchase TACT shares at the current market price or use a limit order to buy TACT shares at a given price.
  6. Track your investment in TACT: Create a watchlist to keep tabs on your new investment in Transact Technologies stock.

Step 1: Choose where to buy Transact Technologies stock

You need an online brokerage account to access the NASDAQ market and buy TACT shares.

A brokerage account enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

In our opinion, eToro is the best brokerage. Here's why:

  • You can invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
  • Access to world financial markets: From Technology to Financial Services, New York to Shanghai — you can fill your portfolio with stocks from the globe's top stock exchanges.
  • Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your purchase of stock by signing up for an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Sign up for your brokerage account

Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can buy TACT stock today.

How to Set Up a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal info to start your new brokerage account.
  1. Send your information by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit money your investment account

Now that you have opened your account on the stock trading app, you can securely and quickly fund your account:

Check out this video walkthrough to see the process of depositing funds into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Transact Technologies stock

After you have selected the best place to buy Transact Technologies stock, it's critical to analyze their stock prior to investing, so you actually comprehend the risk and opportunity.

Transact Technologies stock data

TACT Price
$4.66
1w %
-5.28%
1y %
-22.2%
5y %
-50.05%
P/E
9.71x
P/B
1.18x
P/S
0.64x
PEG
N/A
Revenue
$72.63M
Earnings
$4.75M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$46.44M
Next Earnings
May 7, 2024
Next Dividend
N/A

TACT Fundamentals

WallStreetZen was built to help average investors do more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on TACT's stock page.

Is TACT stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TACT's fair value.

Using relative valuations measures:

  • TACT could be undervalued based on its P/E ratio of 9.71x, relative to Computer Hardware industry P/E ratio of 40.91x
  • TACT could be undervalued based on its P/B ratio of 1.18x, relative to Computer Hardware industry P/B ratio of 13.52x

You can access additional valuation research on TACT's stock here.

A quick look at TACT Financials

Positive Financial Indicators:

  • TACT profit margin has gone up from -10.2% to 6.5% in the past year.
  • TACT's operating cash flow of $5.51M allows it to safely service it's debt of $3.90M.
  • There are more short-term assets than long-term liabilities on the TACT balance sheet.
  • TACT has a low debt to equity ratio of 0.38.
  • There are more short-term assets than short-term liabilities on the TACT balance sheet.
  • TACT earnings of $6.21M is not sufficient to cover its interest payments.

Negative Financial Indicators:

  • Total TACT debt is higher than 5 years ago, relative to shareholder equity.

Is it a good time to buy TACT stock, according to analysts?

Out of 1 Wall Street analysts who give forecasts on TACT, the consensus analyst rating on Transact Technologies is a Buy

Please note that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Transact Technologies stock forecast page.

TACT Momentum

SMA10
4.85
SMA20
5.03
SMA50
6.07
SMA100
6.65
SMA200
6.86
MACD
-0.35
MACD Signal
-0.4
MACD Histogram
0.04
RSI
24.57
Stochastic %K
11.02
Stochastic %D
7.72
StochRSI %K
44.79
StochRSI %D
42.88

TACT Growth Metrics

Last year, TACT earnings were $4.75M. Over the past five year, TACT's earnings have grown by -8.04% per year. This was slower than the Computer Hardware industry average of 21.94%.

Last year, TACT revenue was $72.63M. In the last five year, TACT's revenue has gone up by 5.88% per year. This was slower than the Computer Hardware industry average of 9.41%.

You can analyze TACT's earnings and revenue performance here.

Who is buying/selling TACT?

In the past year, insiders at TACT have sold more shares than they have bought.

B Riley Financial Inc, 10% Owner of TACT, was the latest TACT insider to sell. They sold $73,149.81 worth of TACT stock on Jan 23, 2024.

Research more about who owns TACT shares here.

Can I get consistent income from TACT stock?

No, Transact Technologies doesn't provide an income stream by paying out dividends.

TACT Social Trading Data

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Place your TACT buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.

Click the Open button and your broker will place the order.

If you require more assistance buying stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Track your investment in TACT

Now that you own some shares in TACT, you'll want to stay up-to-date on your company.

Put TACT on a watchlist to get the latest updates about your TACT stock.

TACT Feed

How to Buy Stock in Transact Technologies

To summarize, here are the 6 steps for buying Transact Technologies stock:

  1. Choose where to buy Transact Technologies stock
  2. Sign up for your brokerage account
  3. Deposit money your investment account
  4. Research Transact Technologies stock
  5. Place your TACT buy order
  6. Track your investment in TACT

If you need a brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to monitor your investment in Transact Technologies, create a watchlist today.

NASDAQ: TACT
$4.66-0.12 (-2.51%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: TACT
$4.66-0.12 (-2.51%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Transact Technologies share?

As of Apr 18, 2024, it costs $4.66 to buy one share of Transact Technologies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.429 shares of TACT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Transact Technologies stock?

According to 1 Wall Street analysts who monitor Transact Technologies, their consensus recommendation is to buy Transact Technologies stock.

What is the best way to buy Transact Technologies stock?

One way to place an order for Transact Technologies stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.