TranscatTRNS
TRNS
About: Transcat Inc is involved in providing calibration and laboratory instrument services and distribution of test, measurement, and control instrumentation. Its product and services portfolio consists of calibration instruments, dimensional measuring tools, Electrical test instruments, pressure measurement, etc. The firm has Service and Distribution operating segments. It derives the majority of its revenues from the Service segment. The firm promotes and sells its products under brand names such as Estech, FLIR, Fluke, Keysight, and Megger among others. It serves to pharmaceutical, industrial manufacturing, energy, and chemical process industries.
Employees: 1,104
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
63% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 40
55% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 20
7% more funds holding
Funds holding: 147 [Q2] → 158 (+11) [Q3]
3.11% more ownership
Funds ownership: 89.03% [Q2] → 92.14% (+3.11%) [Q3]
5% more capital invested
Capital invested by funds: $973M [Q2] → $1.02B (+$44.5M) [Q3]
44% less call options, than puts
Call options by funds: $48K | Put options by funds: $85K
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$110
4%
upside
Avg. target
$123
16%
upside
High target
$130
23%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
Craig-Hallum Greg Palm 64% 1-year accuracy 16 / 25 met price target | 18%upside $125 | Buy Maintained | 12 Dec 2024 |
Northland Capital Markets Ted Jackson 43% 1-year accuracy 3 / 7 met price target | 4%upside $110 | Market Perform Maintained | 30 Oct 2024 |
Oppenheimer Martin Yang 72% 1-year accuracy 23 / 32 met price target | 23%upside $130 | Outperform Reiterated | 30 Oct 2024 |
HC Wainwright & Co. Scott Buck 53% 1-year accuracy 52 / 98 met price target | 19%upside $126 | Buy Maintained | 30 Oct 2024 |
Financial journalist opinion
Neutral
Business Wire
1 week ago
Transcat Acquires Martin Calibration Inc.'s 7 Labs, Expanding Midwest Service Presence, Including Minneapolis
ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement, and control instrumentation, announced that it has acquired privately-held Martin Calibration Inc. (Martin), effective December 10, 2024. The $79 million purchase price was paid in combination of $69 million in cash and.
Neutral
Seeking Alpha
1 month ago
Transcat, Inc. (TRNS) Q2 2025 Earnings Call Transcript
Transcat, Inc. (NASDAQ:TRNS ) Q2 2025 Earnings Conference Call October 29, 2024 11:00 AM ET Company Participants Tom Barbato - CFO Lee Rudow - President and CEO Conference Call Participants Scott Buck - H.C. Wainwright Greg Palm - Craig-Hallum Capital Group Ted Jackson - Northland Securities Martin Yang - Oppenheimer & Co. Operator Greetings, and welcome to Transcat, Inc. Second Quarter Fiscal Year 2025 Financial Results Conference Call.
Positive
Zacks Investment Research
1 month ago
Transcat (TRNS) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Transcat (TRNS) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Negative
Zacks Investment Research
1 month ago
Transcat, Inc. (TRNS) Misses Q2 Earnings and Revenue Estimates
Transcat, Inc. (TRNS) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.41 per share a year ago.
Neutral
Business Wire
1 month ago
Transcat Reports Second Quarter Results with Growth in Revenue and Gross Profit
ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement, and control instrumentation, today reported financial results for its second quarter ended September 28, 2024 (the “second quarter”) of fiscal year 2025, which ends March 29, 2025 (“fiscal 2025”). Results include the pr.
Neutral
Business Wire
2 months ago
Transcat Announces Second Quarter Fiscal Year 2025 Conference Call and Webcast
ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) ("Transcat" or the "Company"), a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement, and control instrumentation, announced that it will release its second quarter fiscal year 2025 results after the close of financial markets on Monday, October 28, 2024. The Company will host a conference call and webca.
Positive
Zacks Investment Research
3 months ago
Is Transcat (TRNS) a Solid Growth Stock? 3 Reasons to Think "Yes"
Transcat (TRNS) possesses solid growth attributes, which could help it handily outperform the market.
Positive
Zacks Investment Research
4 months ago
Transcat (TRNS) Upgraded to Buy: What Does It Mean for the Stock?
Transcat (TRNS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Neutral
Zacks Investment Research
4 months ago
Zacks Industry Outlook Watts Water Technologies, Badger Meter and Transcat
Watts Water Technologies, Badger Meter and Transcat have been highlighted in this Industry Outlook article.
Positive
Zacks Investment Research
4 months ago
3 Instruments Stocks Set to Ride on Digitized Technology Demand
Focus on higher energy efficiency, the rising adoption of industrial automation and optimum resource utilization should drive the Zacks Instruments - Control industry. Watts Water (WTS), Badger Meter (BMI) and Transcat (TRNS) are well-positioned to gain from the evolving market dynamics.
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