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Transcat (TRNS) Stock Price, News & Analysis

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$79.85 -3.73 (-4.46%)
Closing price 04:00 PM Eastern
Extended Trading
$79.96 +0.11 (+0.14%)
As of 04:03 PM Eastern
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About Transcat Stock (NASDAQ:TRNS)

Key Stats

Today's Range
$79.72
$84.75
50-Day Range
$73.50
$109.50
52-Week Range
$73.37
$147.12
Volume
93,680 shs
Average Volume
109,411 shs
Market Capitalization
$743.40 million
P/E Ratio
43.16
Dividend Yield
N/A
Price Target
$111.50
Consensus Rating
Hold

Company Overview

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.

Transcat Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
75th Percentile Overall Score

TRNS MarketRank™: 

Transcat scored higher than 75% of companies evaluated by MarketBeat, and ranked 274th out of 656 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Transcat has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Transcat has only been the subject of 4 research reports in the past 90 days.

  • Read more about Transcat's stock forecast and price target.
  • Earnings Growth

    Earnings for Transcat are expected to grow by 14.35% in the coming year, from $2.30 to $2.63 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Transcat is 43.16, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.55.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Transcat is 43.16, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 46.34.

  • Price to Book Value per Share Ratio

    Transcat has a P/B Ratio of 2.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.85% of the outstanding shares of Transcat have been sold short.
  • Short Interest Ratio / Days to Cover

    Transcat has a short interest ratio ("days to cover") of 4.5.
  • Change versus previous month

    Short interest in Transcat has recently decreased by 2.37%, indicating that investor sentiment is improving.
  • Dividend Yield

    Transcat does not currently pay a dividend.

  • Dividend Growth

    Transcat does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.85% of the outstanding shares of Transcat have been sold short.
  • Short Interest Ratio / Days to Cover

    Transcat has a short interest ratio ("days to cover") of 4.5.
  • Change versus previous month

    Short interest in Transcat has recently decreased by 2.37%, indicating that investor sentiment is improving.
  • News Sentiment

    Transcat has a news sentiment score of 1.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Transcat this week, compared to 3 articles on an average week.
  • MarketBeat Follows

    1 people have added Transcat to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Transcat insiders have bought more of their company's stock than they have sold. Specifically, they have bought $92,424.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 2.30% of the stock of Transcat is held by insiders.

  • Percentage Held by Institutions

    98.34% of the stock of Transcat is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Transcat's insider trading history.
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TRNS Stock News Headlines

Transcat price target lowered to $106 from $126 at H.C. Wainwright
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Transcat Prepares for Q3 FY2025 Financial Results
Transcat, Inc. (TRNS) Q3 2025 Earnings Call Transcript
Craig-Hallum Releases a Buy Rating on Transcat (TRNS)
See More Headlines

TRNS Stock Analysis - Frequently Asked Questions

Transcat's stock was trading at $105.74 at the start of the year. Since then, TRNS stock has decreased by 24.5% and is now trading at $79.85.
View the best growth stocks for 2025 here
.

Transcat, Inc. (NASDAQ:TRNS) released its quarterly earnings results on Monday, January, 27th. The scientific and technical instruments company reported $0.45 EPS for the quarter, beating analysts' consensus estimates of $0.38 by $0.07. Transcat had a net margin of 6.22% and a trailing twelve-month return on equity of 7.23%.

Top institutional investors of Transcat include Conestoga Capital Advisors LLC (9.84%), Neuberger Berman Group LLC (9.39%), Champlain Investment Partners LLC (5.97%) and T. Rowe Price Investment Management Inc. (5.57%). Insiders that own company stock include Lee D Rudow, Carl E Sassano, Richard J Harrison, Charles P Hadeed, Craig D Cairns, Scott Deverell and James M Jenkins.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Transcat investors own include Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Meta Platforms (META), Home Depot (HD) and Netflix (NFLX).

Company Calendar

Last Earnings
1/27/2025
Today
2/21/2025
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
$111.50
High Stock Price Target
$130.00
Low Stock Price Target
$85.00
Potential Upside/Downside
+35.3%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$13.65 million
Pretax Margin
7.96%

Debt

Sales & Book Value

Annual Sales
$259.48 million
Cash Flow
$3.03 per share
Book Value
$30.19 per share

Miscellaneous

Free Float
9,095,000
Market Cap
$767.00 million
Optionable
Optionable
Beta
0.67

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This page (NASDAQ:TRNS) was last updated on 2/21/2025 by MarketBeat.com Staff
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