HC Wainwright Has Bullish Forecast for Transcat Q2 Earnings

Transcat, Inc. (NASDAQ:TRNS - Free Report) - Investment analysts at HC Wainwright increased their Q2 2026 earnings estimates for shares of Transcat in a research 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 $0.43 for the quarter, up from their previous forecast of $0.26. 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 Q3 2026 earnings at $0.38 EPS and FY2026 earnings at $1.87 EPS.

Transcat (NASDAQ:TRNS - Get Free Report) last issued its earnings results 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 firm had revenue of $77.13 million during the quarter, compared to the consensus estimate of $76.40 million. Transcat had a net margin of 5.21% and a return on equity of 6.47%. The business's revenue was up 8.8% compared to the same quarter last year.

Separately, Wall Street Zen raised shares of Transcat from a "sell" rating to a "hold" rating in a research 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 stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $114.00.

Transcat Trading Up 4.4%

Shares of Transcat stock opened at $85.34 on Friday. The stock has a market capitalization of $795.37 million, a P/E ratio of 54.71 and a beta of 0.75. Transcat has a 52-week low of $67.56 and a 52-week high of $147.12. 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 stock's 50-day simple moving average is $82.58 and its 200 day simple moving average is $85.84.

Institutional Trading of Transcat

A number of institutional investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp grew its holdings in Transcat by 686.7% during 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 buying an additional 309 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of Transcat in the first quarter valued at approximately $76,000. State of Wyoming purchased a new position in Transcat during the first quarter valued at approximately $95,000. Aquatic Capital Management LLC grew its stake in Transcat by 1,052.0% during the fourth quarter. Aquatic Capital Management LLC now owns 1,152 shares of the scientific and technical instruments company's stock valued at $122,000 after acquiring an additional 1,052 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in 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 worth $122,000 after acquiring an additional 1,622 shares during the period. Hedge funds and other institutional investors own 98.34% of the company's stock.

Transcat Company Profile

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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