Transcat (TRNS) Projected to Post Quarterly Earnings on Wednesday

Transcat (NASDAQ:TRNS) is anticipated to announce its Q1 2026 earnings results after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.41 per share and revenue of $72.28 million for the quarter.

Transcat (NASDAQ:TRNS) last announced its quarterly earnings data on Monday, May 19th. The scientific and technical instruments company reported $0.64 EPS 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 analysts’ expectations of $76.40 million. Transcat had a return on equity of 6.47% and a net margin of 5.21%. The business’s quarterly revenue was up 8.8% on a year-over-year basis. On average, analysts expect Transcat to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Transcat Stock Down 2.5%

Shares of Transcat stock opened at $74.55 on Monday. The company has a market cap of $694.81 million, a P/E ratio of 47.79 and a beta of 0.71. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.87 and a current ratio of 2.29. Transcat has a one year low of $67.56 and a one year high of $133.72. The firm has a fifty day moving average of $83.13 and a two-hundred day moving average of $81.47.

Hedge Funds Weigh In On Transcat

A hedge fund recently bought a new stake in Transcat stock. Jane Street Group LLC purchased a new position in shares of Transcat, Inc. (NASDAQ:TRNS) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 22,480 shares of the scientific and technical instruments company’s stock, valued at approximately $1,674,000. Jane Street Group LLC owned 0.24% of Transcat as of its most recent SEC filing. 98.34% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on TRNS shares. Wall Street Zen upgraded shares of Transcat from a “sell” rating to a “hold” rating in a research report on Wednesday, May 28th. Lake Street Capital initiated coverage on shares of Transcat in a research report on Thursday, July 10th. They set a “buy” rating and a $105.00 price objective for the company. Finally, HC Wainwright reaffirmed a “buy” rating and set a $116.00 price target on shares of Transcat in a research note on Wednesday, June 25th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $112.20.

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.