Should I buy or sell Transcat stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Transcat in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TRNS shares. View TRNS analyst ratings or view top-rated stocks .

What is Transcat's stock price target for 2024?

2 brokers have issued 12-month target prices for Transcat's stock. Their TRNS share price targets range from $110.00 to $125.00. On average, they anticipate the company's share price to reach $117.75 in the next twelve months. This suggests a possible upside of 11.9% from the stock's current price. View analysts price targets for TRNS or view top-rated stocks among Wall Street analysts .

How have TRNS shares performed in 2024?

Transcat's stock was trading at $109.33 at the beginning of 2024. Since then, TRNS stock has decreased by 3.7% and is now trading at $105.25. View the best growth stocks for 2024 here .

When is Transcat's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 27th 2024. View our TRNS earnings forecast .

How were Transcat's earnings last quarter?

Transcat, Inc. (NASDAQ:TRNS) announced its earnings results on Monday, January, 29th. The scientific and technical instruments company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.03. The scientific and technical instruments company had revenue of $65.17 million for the quarter, compared to the consensus estimate of $63.36 million. Transcat had a trailing twelve-month return on equity of 9.32% and a net margin of 4.16%.

What ETFs hold Transcat's stock?

ETFs with the largest weight of Transcat (NASDAQ:TRNS) stock in their portfolio include Invesco DWA SmallCap Momentum ETF (DWAS) . AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) .

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.

What other stocks do shareholders of Transcat own?

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

Who are Transcat's major shareholders?

Transcat's stock is owned by many different retail and institutional investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (0.83%), Annex Advisory Services LLC (0.10%) and Diversified Trust Co (0.03%). Insiders that own company stock include Carl E Sassano, Charles P Hadeed , Craig D Cairns , Gary J Haseley , James M Jenkins, Lee D Rudow , Michael W West , Richard J Harrison and Scott Deverell . 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 .

NASDAQ:TRNS

Transcat (TRNS) Stock Price, News & Analysis

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Free TRNS Stock Alerts

$105.25

+0.54 (+0.52%)

(As of 04/18/2024 ET)

Compare

Today's Range: $105.04
▼
$107.44
50-Day Range: $103.12
▼
$113.50
52-Week Range: $74.89
▼
$115.41

Volume: 39,155 shs
Average Volume: 37,969 shs
Market Capitalization: $929.36 million

P/E Ratio: 80.96
Dividend Yield: N/A
Price Target: $117.75

Get Transcat alerts:

Transcat MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 11.9% Upside
$117.75 Price Target
Short Interest: Healthy
1.73% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.10
Based on 16 Articles This Week
Insider Trading: Selling Shares
$900,023 Sold Last Quarter
Proj. Earnings Growth: 57.89%
From $1.33 to $2.10 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.

3.35 out of 5 stars

Computer And Technology Sector

275th out of 587 stocks

Instruments To Measure Electricity Industry

5th out of 8 stocks

2.5

Analyst's Opinion

Consensus Rating
Transcat has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Transcat has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.73% 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 4.1.
Change versus previous month
Short interest in Transcat has recently decreased by 12.69%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Transcat does not currently pay a dividend.
Dividend Growth
Transcat does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TRNS.

2.3

News and Social Media Coverage

News Sentiment
Transcat has a news sentiment score of 0.10. 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 lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 16 news articles for Transcat this week, compared to 2 articles on an average week.
MarketBeat Follows
3 people have added Transcat to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Transcat insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $900,023.00 in company stock.
Percentage Held by Insiders
Only 4.20% 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.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Transcat are expected to grow by 57.89% in the coming year, from $1.33 to $2.10 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Transcat is 80.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Transcat is 80.96, 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 245.47.
Price to Book Value per Share Ratio
Transcat has a P/B Ratio of 7.99. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

TRNS Stock News Headlines

April 3, 2024 | insidertrades.com

Transcat, Inc. (NASDAQ:TRNS) CEO Sells $264,423.39 in Stock

April 18, 2024 | americanbankingnews.com

FY2024 Earnings Estimate for Transcat, Inc. (NASDAQ:TRNS) Issued By HC Wainwright

April 18, 2024 | InvestorPlace (Ad)

The Next Nvidia?

April 17, 2024 | americanbankingnews.com

Transcat (NASDAQ:TRNS) Receives Buy Rating from HC Wainwright

April 16, 2024 | seekingalpha.com

Transcat Stock: Time To Recalibrate

April 16, 2024 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: John Bean Technologies (JBT), Enovix (ENVX) and Transcat (TRNS)

April 16, 2024 | markets.businessinsider.com

Transcat’s Strategic Acquisitions and Growth Prospects Reinforce Buy Rating

April 15, 2024 | globenewswire.com

Woodbridge International Announces Sale of Becnel Rental Tools, Inc. to Transcat, Inc.

April 18, 2024 | InvestorPlace (Ad)

The Next Nvidia?

April 15, 2024 | businesswire.com

Transcat further expands its higher margin rental business with the acquisition of Becnel Rental Tools, Inc.

April 9, 2024 | marketwatch.com

Transcat Operating Chief Mark Doheny to Step Down

April 9, 2024 | markets.businessinsider.com

Transcat COO Mark Doheny To Step Down; Mike West To Succeed

April 9, 2024 | businesswire.com

Transcat Inc. Announces Executive Leadership Changes

February 6, 2024 | finance.yahoo.com

Transcat Inc President and CEO Lee Rudow Sells 10,000 Shares

February 2, 2024 | finance.yahoo.com

Transcat, Inc. Just Beat EPS By 9.8%: Here's What Analysts Think Will Happen Next

February 1, 2024 | finance.yahoo.com

Transcat, Inc. (NASDAQ:TRNS) Q3 2024 Earnings Call Transcript

January 31, 2024 | seekingalpha.com

Transcat Scores Wins On The Top And Bottom Lines, But Is Still Too Expensive

January 30, 2024 | seekingalpha.com

Transcat, Inc. 2024 Q3 - Results - Earnings Call Presentation

January 30, 2024 | finance.yahoo.com

Transcat Inc (TRNS) Reports Notable Earnings Growth and Margin Expansion in Q3

January 29, 2024 | finance.yahoo.com

Transcat Reports Strong Third Quarter Results on Service Gross Margin Expansion and Adjusted EBITDA Growth

January 29, 2024 | finance.yahoo.com

Transcat, Inc. (TRNS) Q3 Earnings and Revenues Beat Estimates

January 29, 2024 | finance.yahoo.com

Compared to Estimates, Transcat, Inc. (TRNS) Q3 Earnings: A Look at Key Metrics

January 25, 2024 | markets.businessinsider.com

Craig-Hallum Keeps Their Buy Rating on Transcat (TRNS)

January 24, 2024 | finance.yahoo.com

Transcat, Inc. (TRNS) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates

January 15, 2024 | finance.yahoo.com

Transcat Announces Third Quarter Fiscal Year 2024 Conference Call and Webcast

December 28, 2023 | finance.yahoo.com

Transcat, Inc.'s (NASDAQ:TRNS) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

November 20, 2023 | finance.yahoo.com

Transcat (NASDAQ:TRNS) shareholders have earned a 35% CAGR over the last five years

See More Headlines

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Company Calendar

Last Earnings: 1/29/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/27/2024
Fiscal Year End: 3/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Instruments to measure electricity
Sub-Industry: N/A
Current Symbol: NASDAQ:TRNS
CUSIP: N/A
CIK: 99302
Web: www.transcat.com
Phone: (585) 352-7777
Fax: 585-352-1486
Employees: 1,030
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $117.75
High Stock Price Target: $125.00
Low Stock Price Target: $110.00
Potential Upside/Downside: +11.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.30
Trailing P/E Ratio: 80.96
Forward P/E Ratio: 79.14
P/E Growth: N/A
Net Income: $10.69 million
Net Margins: 4.16%
Pretax Margin: 5.45%
Return on Equity: 9.32%
Return on Assets: 5.69%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 3.37
Quick Ratio: 2.81

Sales & Book Value

Annual Sales: $230.57 million
Price / Sales: 4.03
Cash Flow: $2.78 per share
Price / Cash Flow: 37.92
Book Value: $13.18 per share
Price / Book: 7.99

Miscellaneous

Outstanding Shares: 8,830,000
Free Float: 8,458,000
Market Cap: $929.36 million
Optionable: Not Optionable
Beta: 0.59

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Key Executives

Mr. Lee D. Rudow (Age 60)
President, CEO & Director
Comp: $816.46k
Mr. Thomas Barbato (Age 55)
CFO & Treasurer
Comp: $398.09k
Mr. Mark A. Doheny (Age 52)
Chief Operating Officer
Comp: $399.69k
Mr. James M. Jenkins J.D. (Age 60)
Chief Legal Officer, Corporate Development Officer & Corporate Secretary
Comp: $403.63k
Ms. Theresa A. Conroy (Age 60)
Senior Vice President of Human Resources
Comp: $294.66k
Mr. Scott D. Deverell (Age 58)
Corporate Controller & Principal Accounting Officer
Ms. Marcy Bosley (Age 45)
Vice President of Sales
Mr. Michael W. West (Age 53)
Senior Vice President of Business Operations
Comp: $410.73k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TRNS Stock Analysis - Frequently Asked Questions

Should I buy or sell Transcat stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Transcat in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TRNS shares.
View TRNS analyst ratings or view top-rated stocks.
What is Transcat's stock price target for 2024?: 2 brokers have issued 12-month target prices for Transcat's stock. Their TRNS share price targets range from $110.00 to $125.00. On average, they anticipate the company's share price to reach $117.75 in the next twelve months. This suggests a possible upside of 11.9% from the stock's current price.
View analysts price targets for TRNS or view top-rated stocks among Wall Street analysts.
How have TRNS shares performed in 2024?: Transcat's stock was trading at $109.33 at the beginning of 2024. Since then, TRNS stock has decreased by 3.7% and is now trading at $105.25.
View the best growth stocks for 2024 here.
When is Transcat's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 27th 2024.
View our TRNS earnings forecast.
How were Transcat's earnings last quarter?: Transcat, Inc. (NASDAQ:TRNS) announced its earnings results on Monday, January, 29th. The scientific and technical instruments company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.03. The scientific and technical instruments company had revenue of $65.17 million for the quarter, compared to the consensus estimate of $63.36 million. Transcat had a trailing twelve-month return on equity of 9.32% and a net margin of 4.16%.
What ETFs hold Transcat's stock?: ETFs with the largest weight of Transcat (NASDAQ:TRNS) stock in their portfolio include Invesco DWA SmallCap Momentum ETF (DWAS).AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC).

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.
What other stocks do shareholders of Transcat own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Transcat investors own include Altria Group (MO), AT&T (T), Allena Pharmaceuticals (ALNA), Actinium Pharmaceuticals (ATNM), British American Tobacco (BTI), CBL & Associates Properties (CBL), Walt Disney (DIS), Verizon Communications (VZ), Cisco Systems (CSCO) and
Who are Transcat's major shareholders?: Transcat's stock is owned by many different retail and institutional investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (0.83%), Annex Advisory Services LLC (0.10%) and Diversified Trust Co (0.03%). Insiders that own company stock include Carl E Sassano, Charles P Hadeed, Craig D Cairns, Gary J Haseley, James M Jenkins, Lee D Rudow, Michael W West, Richard J Harrison and Scott Deverell.
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.

This page (NASDAQ:TRNS) was last updated on 4/18/2024 by MarketBeat.com Staff

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Transcat (TRNS) Stock Price, News & Analysis

Transcat MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Transcat Stock (NASDAQ:TRNS)

TRNS Stock Price History

TRNS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

TRNS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™