S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The Financial Day of Reckoning Has Begun (Ad)
NASDAQ:TRNS

Transcat - TRNS Stock Forecast, Price & News

$80.55
-0.56 (-0.69%)
(As of 08/17/2022 12:00 AM ET)
Add
Compare
Today's Range
$79.84
$81.50
50-Day Range
$51.52
$81.11
52-Week Range
$50.32
$101.05
Volume
20,889 shs
Average Volume
44,843 shs
Market Capitalization
$607.99 million
P/E Ratio
57.13
Dividend Yield
N/A
Price Target
$82.00

Transcat MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
1.8% Upside
$82.00 Price Target
Short Interest
Healthy
1.65% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$1.26 M Sold Last Quarter
Proj. Earnings Growth
20.65%
From $1.55 to $1.87 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.12 out of 5 stars

Computer And Technology Sector

411th out of 667 stocks

Instruments To Measure Electricity Industry

7th out of 8 stocks

TRNS stock logo

About Transcat (NASDAQ:TRNS) Stock

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 software that is used to integrate and 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.

Analyst Upgrades and Downgrades

Several equities analysts have commented on TRNS shares. HC Wainwright increased their price target on Transcat from $77.00 to $85.00 and gave the company a "buy" rating in a report on Wednesday, August 3rd. Roth Capital dropped their price objective on shares of Transcat from $97.00 to $80.00 and set a "buy" rating on the stock in a report on Thursday, May 26th. Finally, Craig Hallum lowered their price target on shares of Transcat from $94.00 to $81.00 and set a "buy" rating on the stock in a report on Wednesday, May 25th.

Transcat Trading Up 0.4 %

Shares of NASDAQ:TRNS traded up $0.29 during midday trading on Wednesday, reaching $81.11. 34,861 shares of the stock were exchanged, compared to its average volume of 41,377. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.48 and a quick ratio of 1.85. The business has a 50-day simple moving average of $62.32 and a two-hundred day simple moving average of $70.26. Transcat has a 12 month low of $50.32 and a 12 month high of $101.05. The company has a market capitalization of $612.38 million, a price-to-earnings ratio of 57.53 and a beta of 0.87.

Transcat (NASDAQ:TRNS - Get Rating) last issued its quarterly earnings results on Monday, August 1st. The scientific and technical instruments company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.14. Transcat had a net margin of 5.08% and a return on equity of 13.97%. The firm had revenue of $54.66 million for the quarter, compared to analyst estimates of $51.96 million. As a group, equities research analysts expect that Transcat will post 1.55 EPS for the current year.

Insider Buying and Selling at Transcat

In other news, Director Carl E. Sassano sold 20,000 shares of the firm's stock in a transaction that occurred on Thursday, May 26th. The shares were sold at an average price of $63.14, for a total transaction of $1,262,800.00. Following the transaction, the director now directly owns 45,095 shares of the company's stock, valued at $2,847,298.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 4.80% of the company's stock.

Receive TRNS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Transcat and its competitors with MarketBeat's FREE daily newsletter.

TRNS Stock News Headlines

Transcat (NASDAQ:TRNS) PT Raised to $85.00
He's Giving Away His Ultimate Dividend Package FOR FREE!
Marc Lichtenfeld, Author of Get Rich with Dividends, is giving away his Ultimate Dividend Package, Including Details on His #1 Dividend Stock... the Safest 8% Dividend in the World... the Top Three "Extreme Dividend" Stocks... and Much, Much More. For Free. pixel
Transcat: Q1 Earnings Insights - Benzinga
He's Giving Away His Ultimate Dividend Package FOR FREE!
Marc Lichtenfeld, Author of Get Rich with Dividends, is giving away his Ultimate Dividend Package, Including Details on His #1 Dividend Stock... the Safest 8% Dividend in the World... the Top Three "Extreme Dividend" Stocks... and Much, Much More. For Free. pixel
Transcat's (NASDAQ:TRNS) Returns Have Hit A Wall
See More Headlines
Receive TRNS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Transcat and its competitors with MarketBeat's FREE daily newsletter.

TRNS Company Calendar

Last Earnings
8/01/2022
Today
8/18/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
3/31/2023

Industry, Sector and Symbol

Industry
Instruments to measure electricity
Sub-Industry
N/A
Current Symbol
NASDAQ:TRNS
Employees
765
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$82.00
High Stock Price Forecast
$85.00
Low Stock Price Forecast
$80.00
Forecasted Upside/Downside
+1.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$11.38 million
Pretax Margin
6.20%

Debt

Sales & Book Value

Annual Sales
$204.96 million
Cash Flow
$3.31 per share
Book Value
$11.86 per share

Miscellaneous

Free Float
7,186,000
Market Cap
$607.99 million
Optionable
Not Optionable
Beta
0.87














TRNS Stock - Frequently Asked Questions

Should I buy or sell Transcat stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Transcat in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TRNS shares.
View TRNS analyst ratings
or view top-rated stocks.

What is Transcat's stock price forecast for 2022?

3 equities research analysts have issued 12-month price objectives for Transcat's stock. Their TRNS share price forecasts range from $80.00 to $85.00. On average, they predict the company's share price to reach $82.00 in the next twelve months. This suggests a possible upside of 1.8% from the stock's current price.
View analysts price targets for TRNS
or view top-rated stocks among Wall Street analysts.

How have TRNS shares performed in 2022?

Transcat's stock was trading at $92.43 at the beginning of 2022. Since then, TRNS stock has decreased by 12.9% and is now trading at $80.55.
View the best growth stocks for 2022 here
.

When is Transcat's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our TRNS earnings forecast
.

How were Transcat's earnings last quarter?

Transcat, Inc. (NASDAQ:TRNS) released its earnings results on Monday, August, 1st. The scientific and technical instruments company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.14. The scientific and technical instruments company had revenue of $54.66 million for the quarter, compared to the consensus estimate of $51.96 million. Transcat had a trailing twelve-month return on equity of 13.97% and a net margin of 5.08%.

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.

What other stocks do shareholders of Transcat own?
What is Transcat's stock symbol?

Transcat trades on the NASDAQ under the ticker symbol "TRNS."

Who are Transcat's major shareholders?

Transcat's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Conestoga Capital Advisors LLC (7.59%), Royce & Associates LP (6.00%), Broadcrest Asset Management LLC (5.96%), Victory Capital Management Inc. (1.78%), State Street Corp (1.74%) and Northern Trust Corp (0.94%). Insiders that own company stock include Carl E Sassano, Charles P Hadeed, Craig D Cairns, Gary J Haseley, Lee D Rudow, Lee D Rudow, Michael Tschiderer, Michael W West, Richard J Harrison and Scott Deverell.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Transcat's stock price today?

One share of TRNS stock can currently be purchased for approximately $80.55.

How much money does Transcat make?

Transcat (NASDAQ:TRNS) has a market capitalization of $607.99 million and generates $204.96 million in revenue each year. The scientific and technical instruments company earns $11.38 million in net income (profit) each year or $1.41 on an earnings per share basis.

How many employees does Transcat have?

The company employs 765 workers across the globe.

How can I contact Transcat?

Transcat's mailing address is 35 VANTAGE POINT DRIVE, ROCHESTER NY, 14624. The official website for the company is www.transcat.com. The scientific and technical instruments company can be reached via phone at (585) 352-7777, via email at mtschiderer@transcat.com, or via fax at 585-352-1486.

This page (NASDAQ:TRNS) was last updated on 8/18/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.