- TACT has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. To add to this, TACT has a quick ratio of 2.03, which demonstrates the ability of the company to cover short-term liquidity needs.
- Net operating cash flow has significantly increased by 173.68% to $2.70 million when compared to the same quarter last year. In addition, TRANSACT TECHNOLOGIES INC has also vastly surpassed the industry average cash flow growth rate of 34.06%.
- 44.59% is the gross profit margin for TRANSACT TECHNOLOGIES INC which we consider to be strong. It has increased from the same quarter the previous year. Despite the strong results of the gross profit margin, TACT's net profit margin of 1.26% significantly trails the industry average.
- The share price of TRANSACT TECHNOLOGIES INC has not done very well: it is down 21.80% and has underperformed the S&P 500, in part reflecting the company's sharply declining earnings per share when compared to the year-earlier quarter. Looking ahead, we do not see anything in this company's numbers that would change the one-year trend. It was down over the last twelve months; and it could be down again in the next twelve. Naturally, a bull or bear market could sway the movement of this stock.
- The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. In comparison to the other companies in the Computers & Peripherals industry and the overall market, TRANSACT TECHNOLOGIES INC's return on equity is significantly below that of the industry average and is below that of the S&P 500.
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. The Computer Hardware industry as a whole closed the day down 1.3% versus the S&P 500, which was down 0.2%. Laggards within the Computer Hardware industry included Lantronix ( LTRX), down 5.1%, Interphase ( INPH), down 16.5%, Transact Technologies ( TACT), down 1.7%, Dataram ( DRAM), down 2.6% and Elecsys ( ESYS), down 2.6%. TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today: Transact Technologies ( TACT) is one of the companies that pushed the Computer Hardware industry lower today. Transact Technologies was down $0.13 (1.7%) to $7.39 on heavy volume. Throughout the day, 52,149 shares of Transact Technologies exchanged hands as compared to its average daily volume of 12,800 shares. The stock ranged in price between $7.37-$7.58 after having opened the day at $7.37 as compared to the previous trading day's close of $7.52. TransAct Technologies Incorporated designs, develops, manufactures, and sells transaction-based and specialty printers. Transact Technologies has a market cap of $61.1 million and is part of the technology sector. Shares are down 40.0% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates Transact Technologies a buy, no analysts rate it a sell, and none rate it a hold. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings rates Transact Technologies as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Highlights from TheStreet Ratings analysis on TACT go as follows: