HC Wainwright Has Pessimistic View of Transcat Q1 Earnings

Transcat, Inc. (NASDAQ:TRNS) – Investment analysts at HC Wainwright decreased their Q1 2026 EPS estimates for shares of Transcat in a report issued on Wednesday, June 25th. HC Wainwright analyst S. Buck now anticipates that the scientific and technical instruments company will earn $0.37 per share for the quarter, down from their previous forecast of $0.41. HC Wainwright currently has a “Buy” rating and a $116.00 target price on the stock. The consensus estimate for Transcat’s current full-year earnings is $2.30 per share. HC Wainwright also issued estimates for Transcat’s Q4 2026 earnings at $0.69 EPS.

Separately, Wall Street Zen upgraded Transcat from a “sell” rating to a “hold” rating in a report on Wednesday, May 28th. Three investment 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 company presently has an average rating of “Hold” and a consensus price target of $114.00.

Transcat Trading Up 4.4%

TRNS stock opened at $85.34 on Thursday. The company has a market cap of $795.37 million, a price-to-earnings ratio of 54.71 and a beta of 0.75. The company has a quick ratio of 1.87, a current ratio of 2.29 and a debt-to-equity ratio of 0.11. The business has a fifty day simple moving average of $82.58 and a 200-day simple moving average of $85.84. Transcat has a 52 week low of $67.56 and a 52 week high of $147.12.

Transcat (NASDAQ:TRNS) last announced its quarterly earnings data on Monday, May 19th. The scientific and technical instruments company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.02). The company had revenue of $77.13 million for the quarter, compared to analysts’ expectations of $76.40 million. Transcat had a net margin of 5.21% and a return on equity of 6.47%. Transcat’s revenue was up 8.8% on a year-over-year basis.

Hedge Funds Weigh In On Transcat

A number of hedge funds have recently made changes to their positions in TRNS. Jones Financial Companies Lllp raised its stake in shares of Transcat by 686.7% in the 4th quarter. Jones Financial Companies Lllp now owns 354 shares of the scientific and technical instruments company’s stock valued at $37,000 after acquiring an additional 309 shares during the period. Quantbot Technologies LP purchased a new stake in shares of Transcat during the 1st quarter valued at about $76,000. State of Wyoming purchased a new stake in shares of Transcat during the 1st quarter valued at about $95,000. Aquatic Capital Management LLC raised its holdings in shares of Transcat by 1,052.0% during the 4th quarter. Aquatic Capital Management LLC now owns 1,152 shares of the scientific and technical instruments company’s stock valued at $122,000 after buying an additional 1,052 shares during the period. Finally, GAMMA Investing LLC raised its holdings in shares of Transcat by 10,137.5% during the 1st quarter. GAMMA Investing LLC now owns 1,638 shares of the scientific and technical instruments company’s stock valued at $122,000 after buying an additional 1,622 shares during the period. Hedge funds and other institutional investors own 98.34% of the company’s stock.

About Transcat

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.