Recent Research Analysts’ Ratings Updates for Transcat (TRNS)

Several analysts have recently updated their ratings and price targets for Transcat (NASDAQ: TRNS):

• 2/5/2025 – Transcat was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 1/29/2025 – Transcat had its “market perform” rating reaffirmed by analysts at Northland Securities. They now have a $85.00 price target on the stock, down previously from $110.00.
• 1/29/2025 – Transcat was downgraded by analysts at Oppenheimer Holdings Inc. from an “outperform” rating to a “market perform” rating.
• 1/29/2025 – Transcat had its price target lowered by analysts at HC Wainwright from $126.00 to $106.00. They now have a “buy” rating on the stock.
• 1/28/2025 – Transcat was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 12/12/2024 – Transcat had its price target raised by analysts at Craig Hallum from $113.00 to $125.00. They now have a “buy” rating on the stock.

Transcat Stock Down 1.3 %

NASDAQ TRNS opened at $76.81 on Monday. The stock has a fifty day moving average of $100.30 and a 200-day moving average of $111.60. The stock has a market capitalization of $715.02 million, a P/E ratio of 41.52 and a beta of 0.67. Transcat, Inc. has a 52 week low of $73.37 and a 52 week high of $147.12. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.00 and a current ratio of 2.42.

Transcat (NASDAQ:TRNS) last posted its quarterly earnings results on Monday, January 27th. The scientific and technical instruments company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.07. Transcat had a return on equity of 7.23% and a net margin of 6.22%. During the same period last year, the company posted $0.56 EPS. On average, equities research analysts forecast that Transcat, Inc. will post 2.3 EPS for the current year.

Insider Buying and Selling

In other Transcat news, Director Craig D. Cairns bought 1,200 shares of the firm’s stock in a transaction on Friday, January 31st. The stock was purchased at an average cost of $77.02 per share, with a total value of $92,424.00. Following the completion of the purchase, the director now owns 1,910 shares in the company, valued at approximately $147,108.20. The trade was a 169.01 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 2.30% of the stock is owned by insiders.

Institutional Trading of Transcat

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. bought a new stake in Transcat in the fourth quarter valued at approximately $2,071,000. Victory Capital Management Inc. raised its stake in Transcat by 1.4% in the fourth quarter. Victory Capital Management Inc. now owns 34,710 shares of the scientific and technical instruments company’s stock valued at $3,670,000 after buying an additional 480 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Transcat by 1.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 75,700 shares of the scientific and technical instruments company’s stock valued at $8,005,000 after purchasing an additional 868 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of Transcat by 686.7% in the fourth quarter. Jones Financial Companies Lllp now owns 354 shares of the scientific and technical instruments company’s stock valued at $37,000 after purchasing an additional 309 shares during the last quarter. Finally, Morgan Dempsey Capital Management LLC acquired a new position in shares of Transcat in the fourth quarter valued at approximately $143,000. Institutional investors own 98.34% of the company’s 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.