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NASDAQ:TRNS

Transcat (TRNS) Stock Price, News & Analysis

$118.84
-3.96 (-3.22%)
(As of 09/6/2024 ET)
Today's Range
$118.84
$121.72
50-Day Range
$107.60
$144.07
52-Week Range
$84.45
$147.12
Volume
46,306 shs
Average Volume
62,440 shs
Market Capitalization
$1.09 billion
P/E Ratio
74.74
Dividend Yield
N/A
Price Target
$151.33

Transcat MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
27.3% Upside
$151.33 Price Target
Short Interest
Bearish
2.90% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.01mentions of Transcat in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$176,540 Sold Last Quarter
Proj. Earnings Growth
18.93%
From $2.06 to $2.45 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.48 out of 5 stars

Computer And Technology Sector

253rd out of 594 stocks

Instruments To Measure Electricity Industry

4th out of 9 stocks

TRNS stock logo

About Transcat Stock (NASDAQ:TRNS)

Transcat, Inc. provides calibration and laboratory instrument services in the United States, Canada, and internationally. It operates through two segments: Service and Distribution. The Service segment offers calibration, repair, inspection, analytical qualification, preventative maintenance, consulting, and other related services. This segment also provides CalTrak, a proprietary document and asset management system that is used to manage the workflow of its calibration service centers and customers' assets; and Compliance, Control and Cost, an online customer portal that provides its customers with web-based asset management capability, as well as a safe and secure off-site archive of calibration and other service records. The Distribution segment sells and rents test, measurement, and control instruments for customers' test and measurement instrumentation needs, as well as value added services, such as calibration/certification of equipment purchase, equipment rental, used equipment for sale, and equipment kitting. This segment markets and sells its products through website, digital and print advertising, proactive outbound sales, and an inbound call center. The company provides services and products to highly regulated industries, principally life science, which includes companies in the pharmaceutical, biotechnology, medical device, and other FDA-regulated industries; and additional industries, including aerospace and defense industrial manufacturing, energy and utilities, and other industries that require accuracy in processes and confirmation of the capabilities of their equipment. Transcat, Inc. was incorporated in 1964 and is headquartered in Rochester, New York.

TRNS Stock Price History

TRNS Stock News Headlines

Analysts Set Transcat, Inc. (NASDAQ:TRNS) PT at $151.33
Transcat, Inc. (TRNS)
What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
What 4 Analyst Ratings Have To Say About Transcat
What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
Transcat Analysts Boost Their Forecasts After Upbeat Results
Why Transcat Stock Is Up Big Today
Here's what Wall Street expects from Transcat's earnings report
Transcat Stock: Time To Recalibrate
See More Headlines
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Company Calendar

Last Earnings
7/29/2024
Today
9/07/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Instruments to measure electricity
Sub-Industry
Measuring And Control Equipment
Current Symbol
NASDAQ:TRNS
Employees
1,104
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$151.33
High Stock Price Target
$160.00
Low Stock Price Target
$138.00
Potential Upside/Downside
+27.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$13.65 million
Pretax Margin
7.49%

Debt

Sales & Book Value

Annual Sales
$259.48 million
Cash Flow
$2.97 per share
Book Value
$28.68 per share

Miscellaneous

Free Float
8,750,000
Market Cap
$1.09 billion
Optionable
Optionable
Beta
0.67
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TRNS Stock Analysis - Frequently Asked Questions

How have TRNS shares performed this year?

Transcat's stock was trading at $109.33 at the beginning of 2024. Since then, TRNS stock has increased by 8.7% and is now trading at $118.84.
View the best growth stocks for 2024 here
.

How were Transcat's earnings last quarter?

Transcat, Inc. (NASDAQ:TRNS) announced its quarterly earnings data on Monday, July, 29th. The scientific and technical instruments company reported $0.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.20. Transcat's quarterly revenue was up 10.1% compared to the same quarter last year.

What is Lee Rudow's approval rating as Transcat's CEO?

20 employees have rated Transcat Chief Executive Officer Lee Rudow on Glassdoor.com. Lee Rudow has an approval rating of 69% among the company's employees.

Who are Transcat's major shareholders?

Top institutional investors of Transcat include Conestoga Capital Advisors LLC (8.42%), Fred Alger Management LLC (6.42%), Dimensional Fund Advisors LP (2.18%) and Hood River Capital Management LLC (2.15%). Insiders that own company stock include Lee D Rudow, Carl E Sassano, Richard J Harrison, Charles P Hadeed, Scott Deverell, James M Jenkins, Craig D Cairns and Gary J Haseley.
View institutional ownership trends
.

How do I buy shares of Transcat?

Shares of TRNS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Transcat own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Transcat investors own include Altria Group (MO), AT&T (T), Allena Pharmaceuticals (ALNA), British American Tobacco (BTI), CBL & Associates Properties (CBL) and Walt Disney (DIS).

This page (NASDAQ:TRNS) was last updated on 9/7/2024 by MarketBeat.com Staff

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