TranscatTRNS
Market Cap: $1.09B
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
45% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 44
10% more capital invested
Capital invested by funds: $879M [Q1] → $967M (+$88M) [Q2]
7% more funds holding
Funds holding: 138 [Q1] → 147 (+9) [Q2]
0.84% less ownership
Funds ownership: 89.37% [Q1] → 88.53% (-0.84%) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Craig-Hallum Greg Palm 59% 1-year accuracy 10 / 17 met price target | 16%upside $138 | Buy Maintained | 31 Jul 2024 |
HC Wainwright & Co. Scott Buck 24% 1-year accuracy 22 / 91 met price target | 31%upside $156 | Buy Reiterated | 31 Jul 2024 |
HC Wainwright & Co. Scott Buck 24% 1-year accuracy 22 / 91 met price target | 31%upside $156 | Buy Reiterated | 30 Jul 2024 |
Financial journalist opinion
Based on 3 articles about TRNS published over the past 30 days