Northland Securities Comments on Transcat Q4 Earnings

Transcat, Inc. (NASDAQ:TRNS) – Stock analysts at Northland Securities issued their Q4 2027 earnings per share (EPS) estimates for Transcat in a research report issued on Thursday, May 28th. Northland Securities analyst T. Jackson expects that the scientific and technical instruments company will post earnings of $0.62 per share for the quarter. The consensus estimate for Transcat’s current full-year earnings is $1.86 per share. Northland Securities also issued estimates for Transcat’s FY2028 earnings at $2.33 EPS, FY2030 earnings at $3.51 EPS and FY2031 earnings at $3.88 EPS.

Transcat (NASDAQ:TRNS) last issued its quarterly earnings data on Tuesday, May 26th. The scientific and technical instruments company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.51 by $0.05. The company had revenue of $89.33 million during the quarter, compared to analyst estimates of $89.79 million. Transcat had a return on equity of 5.87% and a net margin of 1.62%.

Several other analysts have also issued reports on the company. Zacks Research raised Transcat from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Transcat in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $105.33.

Transcat Stock Down 1.7%

Shares of TRNS opened at $78.96 on Friday. The firm has a market cap of $736.70 million, a P/E ratio of 136.14 and a beta of 0.68. The stock has a 50 day simple moving average of $75.99 and a two-hundred day simple moving average of $68.28. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.21 and a quick ratio of 1.85. Transcat has a 1 year low of $50.23 and a 1 year high of $91.45.

Institutional Trading of Transcat

A number of institutional investors have recently made changes to their positions in TRNS. Lazard Asset Management LLC purchased a new stake in shares of Transcat during the second quarter valued at approximately $54,000. Tower Research Capital LLC TRC boosted its stake in shares of Transcat by 245.5% during the second quarter. Tower Research Capital LLC TRC now owns 1,123 shares of the scientific and technical instruments company’s stock valued at $97,000 after purchasing an additional 798 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Transcat by 42.7% during the third quarter. PNC Financial Services Group Inc. now owns 1,530 shares of the scientific and technical instruments company’s stock valued at $112,000 after purchasing an additional 458 shares during the period. Jones Financial Companies Lllp boosted its stake in shares of Transcat by 79.2% during the third quarter. Jones Financial Companies Lllp now owns 1,634 shares of the scientific and technical instruments company’s stock valued at $120,000 after purchasing an additional 722 shares during the period. Finally, AlphaQuest LLC boosted its stake in shares of Transcat by 12,915.4% during the third quarter. AlphaQuest LLC now owns 1,692 shares of the scientific and technical instruments company’s stock valued at $124,000 after purchasing an additional 1,679 shares during the period. Hedge funds and other institutional investors own 98.34% of the company’s stock.

Transcat Company Profile

Transcat, Inc (NASDAQ: TRNS) is a leading provider of calibration, laboratory, and metrology services in North America. Founded in 1964 and headquartered in Ronkonkoma, New York, the company specializes in ensuring the accuracy and compliance of measurement instruments across a wide range of industries. Transcat operates a network of ISO/IEC 17025–accredited laboratories and offers on-site field calibration, instrument repair, and preventive maintenance services.

In addition to its calibration services, Transcat distributes precision instrumentation and related software solutions from top manufacturers.