What is HC Wainwright’s Forecast for Transcat Q4 Earnings?

Transcat, Inc. (NASDAQ:TRNSFree Report) – HC Wainwright issued their Q4 2026 earnings estimates for shares of Transcat in a research report issued to clients and investors on Wednesday, May 21st. HC Wainwright analyst S. Buck forecasts that the scientific and technical instruments company will earn $0.70 per share for the quarter. HC Wainwright has a “Buy” rating and a $116.00 price objective on the stock. The consensus estimate for Transcat’s current full-year earnings is $2.30 per share.

A number of other equities analysts have also recently issued reports on the company. Northland Securities restated a “market perform” rating and set a $85.00 price target (down from $110.00) on shares of Transcat in a report on Wednesday, January 29th. Wall Street Zen upgraded Transcat from a “sell” rating to a “hold” rating in a report on Tuesday. Finally, Oppenheimer cut Transcat from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 29th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $114.00.

Check Out Our Latest Analysis on Transcat

Transcat Price Performance

Transcat stock opened at $91.63 on Thursday. The stock has a market capitalization of $852.98 million, a price-to-earnings ratio of 49.53 and a beta of 0.69. Transcat has a 52-week low of $67.56 and a 52-week high of $147.12. The stock’s 50 day moving average price is $79.06 and its two-hundred day moving average price is $89.79. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.98 and a current ratio of 2.42.

Transcat (NASDAQ:TRNSGet Free Report) last released its earnings results on Monday, May 19th. The scientific and technical instruments company reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.02). The firm had revenue of $77.13 million for the quarter, compared to analyst estimates of $76.40 million. Transcat had a net margin of 6.22% and a return on equity of 7.23%. Transcat’s revenue was up 8.8% on a year-over-year basis.

Hedge Funds Weigh In On Transcat

Large investors have recently bought and sold shares of the stock. Neuberger Berman Group LLC lifted its stake in Transcat by 1.8% during the 4th quarter. Neuberger Berman Group LLC now owns 873,985 shares of the scientific and technical instruments company’s stock valued at $92,415,000 after acquiring an additional 15,723 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Transcat by 5.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 209,200 shares of the scientific and technical instruments company’s stock valued at $22,121,000 after acquiring an additional 10,186 shares in the last quarter. Rhumbline Advisers lifted its stake in Transcat by 4.1% during the 4th quarter. Rhumbline Advisers now owns 12,348 shares of the scientific and technical instruments company’s stock valued at $1,306,000 after acquiring an additional 486 shares in the last quarter. Barclays PLC lifted its stake in Transcat by 393.0% during the 3rd quarter. Barclays PLC now owns 15,130 shares of the scientific and technical instruments company’s stock valued at $1,826,000 after acquiring an additional 12,061 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its stake in Transcat by 8.5% during the 4th quarter. Principal Financial Group Inc. now owns 5,002 shares of the scientific and technical instruments company’s stock valued at $529,000 after acquiring an additional 391 shares in the last quarter. 98.34% of the stock is currently owned by institutional investors.

Transcat Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Transcat (NASDAQ:TRNS)

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