What is HC Wainwright's Forecast for Transcat Q2 Earnings?

Transcat, Inc. (NASDAQ:TRNS - Free Report) - Investment analysts at HC Wainwright boosted their Q2 2026 earnings per share estimates for shares of Transcat in a note issued to investors on Wednesday, June 25th. HC Wainwright analyst S. Buck now forecasts that the scientific and technical instruments company will earn $0.43 per share for the quarter, up from their previous forecast of $0.26. 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 Q3 2026 earnings at $0.38 EPS and FY2026 earnings at $1.87 EPS.

Transcat (NASDAQ:TRNS - Get Free Report) last announced its quarterly 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). Transcat had a net margin of 5.21% and a return on equity of 6.47%. The firm had revenue of $77.13 million for the quarter, compared to analysts' expectations of $76.40 million. The business's quarterly 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 research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $114.00.

Transcat Stock Up 1.5%

TRNS stock traded up $1.24 during trading on Friday, hitting $86.06. 77,833 shares of the company's stock traded hands, compared to its average volume of 89,798. The firm has a market capitalization of $802.08 million, a P/E ratio of 55.17 and a beta of 0.75. Transcat has a 1 year low of $0.01 and a 1 year high of $147.12. 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 $82.59 and a two-hundred day simple moving average of $85.35.

Hedge Funds Weigh In On Transcat

A number of institutional investors and hedge funds have recently bought and sold shares of TRNS. Jones Financial Companies Lllp lifted 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 purchasing an additional 309 shares during the last quarter. Quantbot Technologies LP purchased a new position in Transcat in the 1st quarter valued at approximately $76,000. Aquatic Capital Management LLC grew its stake in shares of Transcat by 1,052.0% in the fourth quarter. Aquatic Capital Management LLC now owns 1,152 shares of the scientific and technical instruments company's stock worth $122,000 after acquiring an additional 1,052 shares in the last quarter. State of Wyoming purchased a new stake in shares of Transcat during the first quarter worth $95,000. Finally, Morgan Dempsey Capital Management LLC acquired a new stake in shares of Transcat in the fourth quarter valued at $143,000. 98.34% of the stock is currently owned by institutional investors and hedge funds.

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.