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NASDAQ:TRNS

Transcat (TRNS) Stock Price, News & Analysis

$140.00
+2.95 (+2.15%)
(As of 07/26/2024 ET)
Today's Range
$138.00
$141.01
50-Day Range
$117.84
$144.07
52-Week Range
$81.59
$147.12
Volume
65,531 shs
Average Volume
41,586 shs
Market Capitalization
$1.28 billion
P/E Ratio
88.05
Dividend Yield
N/A
Price Target
$142.67

Transcat MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
1.9% Upside
$142.67 Price Target
Short Interest
Bearish
2.04% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.71mentions of Transcat in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$2.97 M Sold Last Quarter
Proj. Earnings Growth
17.59%
From $1.99 to $2.34 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.22 out of 5 stars

Computer And Technology Sector

426th out of 612 stocks

Instruments To Measure Electricity Industry

9th out of 10 stocks

TRNS stock logo

About Transcat Stock (NASDAQ:TRNS)

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. This segment also provides CalTrak, a proprietary document and asset management system that is used to manage the workflow of its calibration service centers and customers' assets; and Compliance, Control and Cost, an online customer portal that provides its customers with web-based asset management capability, as well as a safe and secure off-site archive of calibration and other service records. The Distribution segment sells and rents test, measurement, and control instruments for customers' test and measurement instrumentation needs, as well as value added services, such as calibration/certification of equipment purchase, equipment rental, used equipment for sale, and equipment kitting. This segment markets and sells its products through website, digital and print advertising, proactive outbound sales, and an inbound call center. The company provides services and products to highly regulated industries, principally life science, which includes companies in the pharmaceutical, biotechnology, medical device, and other FDA-regulated industries; and additional industries, including aerospace and defense industrial manufacturing, energy and utilities, and other industries that require accuracy in processes and confirmation of the capabilities of their equipment. Transcat, Inc. was incorporated in 1964 and is headquartered in Rochester, New York.

TRNS Stock Price History

TRNS Stock News Headlines

What 4 Analyst Ratings Have To Say About Transcat
Dave Ramsey Makes Big Mistake Live On Air
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Transcat Analysts Boost Their Forecasts After Upbeat Results
Why Transcat Stock Is Up Big Today
Dave Ramsey Makes Big Mistake Live On Air
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Here's what Wall Street expects from Transcat's earnings report
Transcat Stock: Time To Recalibrate
Transcat Operating Chief Mark Doheny to Step Down
See More Headlines
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Company Calendar

Last Earnings
5/20/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/29/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Instruments to measure electricity
Sub-Industry
Measuring And Control Equipment
Current Symbol
NASDAQ:TRNS
Employees
1,104
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$142.67
High Stock Price Target
$160.00
Low Stock Price Target
$112.00
Potential Upside/Downside
+2.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$13.65 million
Pretax Margin
7.11%

Debt

Sales & Book Value

Annual Sales
$259.48 million
Cash Flow
$3.07 per share
Book Value
$25.50 per share

Miscellaneous

Free Float
8,750,000
Market Cap
$1.28 billion
Optionable
Optionable
Beta
0.68
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TRNS Stock Analysis - Frequently Asked Questions

How have TRNS shares performed this year?

Transcat's stock was trading at $109.33 at the beginning of 2024. Since then, TRNS shares have increased by 28.1% and is now trading at $140.00.
View the best growth stocks for 2024 here
.

How were Transcat's earnings last quarter?

Transcat, Inc. (NASDAQ:TRNS) issued its quarterly earnings data on Monday, May, 20th. The scientific and technical instruments company reported $0.77 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.25. The scientific and technical instruments company earned $70.91 million during the quarter, compared to the consensus estimate of $68.76 million. Transcat had a net margin of 5.26% and a trailing twelve-month return on equity of 9.50%.

What is Lee Rudow's approval rating as Transcat's CEO?

20 employees have rated Transcat Chief Executive Officer Lee Rudow on Glassdoor.com. Lee Rudow has an approval rating of 69% among the company's employees.

Who are Transcat's major shareholders?

Top institutional shareholders of Transcat include Conestoga Capital Advisors LLC (8.42%), Wealth Enhancement Advisory Services LLC (0.67%), Bank of New York Mellon Corp (0.36%) and Calamos Advisors LLC (0.17%). Insiders that own company stock include Lee D Rudow, Carl E Sassano, Richard J Harrison, Charles P Hadeed, Scott Deverell, James M Jenkins, Craig D Cairns, Michael W West and Gary J Haseley.
View institutional ownership trends
.

How do I buy shares of Transcat?

Shares of TRNS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Transcat own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Transcat investors own include Altria Group (MO), AT&T (T), Allena Pharmaceuticals (ALNA), British American Tobacco (BTI), CBL & Associates Properties (CBL) and Walt Disney (DIS).

This page (NASDAQ:TRNS) was last updated on 7/26/2024 by MarketBeat.com Staff

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