Q3 Earnings Forecast for Transcat Issued By Northland Capmk

Transcat, Inc. (NASDAQ:TRNS - Free Report) - Northland Capmk issued their Q3 2026 EPS estimates for Transcat in a report released on Wednesday, May 21st. Northland Capmk analyst E. Jackson forecasts that the scientific and technical instruments company will post earnings of $0.51 per share for the quarter. The consensus estimate for Transcat's current full-year earnings is $2.30 per share. Northland Capmk also issued estimates for Transcat's Q4 2026 earnings at $0.75 EPS and FY2026 earnings at $2.37 EPS.

Transcat (NASDAQ:TRNS - Get Free Report) last posted 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 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 7.23% and a net margin of 6.22%. The firm's revenue for the quarter was up 8.8% on a year-over-year basis.

A number of other analysts also recently issued reports on TRNS. Oppenheimer downgraded shares of Transcat from an "outperform" rating to a "market perform" rating in a report on Wednesday, January 29th. Northland Securities reissued a "market perform" rating and set a $85.00 target price (down from $110.00) on shares of Transcat in a research report on Wednesday, January 29th. HC Wainwright reaffirmed a "buy" rating and issued a $116.00 price target (up previously from $106.00) on shares of Transcat in a report on Wednesday, May 21st. Finally, Wall Street Zen upgraded Transcat from a "sell" rating to a "hold" rating in a research note on Wednesday. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $114.00.

Transcat Stock Down 2.0%

Transcat stock traded down $1.83 during midday trading on Friday, hitting $90.21. 16,078 shares of the stock were exchanged, compared to its average volume of 81,879. Transcat has a 52-week low of $67.56 and a 52-week high of $147.12. The company has a quick ratio of 1.98, a current ratio of 2.42 and a debt-to-equity ratio of 0.14. The business's 50-day moving average price is $80.28 and its 200-day moving average price is $89.38. The stock has a market capitalization of $839.75 million, a price-to-earnings ratio of 48.79 and a beta of 0.69.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Jones Financial Companies Lllp boosted its holdings in shares of Transcat by 686.7% in the fourth quarter. Jones Financial Companies Lllp now owns 354 shares of the scientific and technical instruments company's stock worth $37,000 after acquiring an additional 309 shares during the period. Quantbot Technologies LP purchased a new stake in Transcat during the 1st quarter worth about $76,000. State of Wyoming purchased a new stake in Transcat during the 1st quarter worth about $95,000. Aquatic Capital Management LLC boosted its stake in Transcat by 1,052.0% in the 4th quarter. Aquatic Capital Management LLC now owns 1,152 shares of the scientific and technical instruments company's stock worth $122,000 after purchasing an additional 1,052 shares during the period. Finally, GAMMA Investing LLC grew 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 valued at $122,000 after buying an additional 1,622 shares in the last quarter. 98.34% of the stock is owned by institutional investors.

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.