Transcat, Inc. (NASDAQ:TRNS - Free Report) - HC Wainwright lowered their Q1 2026 earnings estimates for shares of Transcat in a note issued to investors on Wednesday, June 25th. HC Wainwright analyst S. Buck now anticipates that the scientific and technical instruments company will post earnings per share of $0.37 for the quarter, down from their previous estimate of $0.41. 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. HC Wainwright also issued estimates for Transcat's Q4 2026 earnings at $0.69 EPS.
Separately, Wall Street Zen upgraded shares of Transcat from a "sell" rating to a "hold" rating in a report on Wednesday, May 28th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $114.00.
Read Our Latest Research Report on TRNS
Transcat Stock Down 0.6%
TRNS stock traded down $0.52 during mid-day trading on Thursday, hitting $84.82. 295,459 shares of the company were exchanged, compared to its average volume of 89,681. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.87 and a current ratio of 2.29. The firm has a market cap of $790.52 million, a P/E ratio of 54.37 and a beta of 0.75. The firm's 50 day simple moving average is $82.59 and its 200 day simple moving average is $85.35. Transcat has a 1-year low of $67.56 and a 1-year high of $147.12.
Transcat (NASDAQ:TRNS - Get Free Report) last announced its earnings results on Monday, May 19th. The scientific and technical instruments company reported $0.64 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 analyst estimates 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.
Institutional Trading of Transcat
Hedge funds and other institutional investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Transcat by 3.9% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,137 shares of the scientific and technical instruments company's stock valued at $543,000 after purchasing an additional 194 shares during the last quarter. Neuberger Berman Group LLC raised its holdings in shares of Transcat by 1.8% in the fourth 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 purchasing an additional 15,723 shares during the last quarter. Deutsche Bank AG raised its holdings in shares of Transcat by 49.9% in the fourth quarter. Deutsche Bank AG now owns 7,833 shares of the scientific and technical instruments company's stock valued at $828,000 after purchasing an additional 2,608 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Transcat by 24.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 17,029 shares of the scientific and technical instruments company's stock valued at $1,801,000 after purchasing an additional 3,307 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of Transcat by 10,137.5% in the first quarter. GAMMA Investing LLC now owns 1,638 shares of the scientific and technical instruments company's stock valued at $122,000 after purchasing an additional 1,622 shares during the last quarter. 98.34% of the stock is currently owned by institutional investors and hedge funds.
Transcat Company Profile
(
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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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