FY2026 EPS Estimates for Transcat Decreased by Analyst

Transcat, Inc. (NASDAQ:TRNS) – Investment analysts at Northland Capmk cut their FY2026 EPS estimates for Transcat in a report issued on Wednesday, June 4th. Northland Capmk analyst E. Jackson now anticipates that the scientific and technical instruments company will earn $2.00 per share for the year, down from their previous estimate of $2.37. The consensus estimate for Transcat’s current full-year earnings is $2.30 per share. Northland Capmk also issued estimates for Transcat’s FY2027 earnings at $2.24 EPS, FY2028 earnings at $2.57 EPS, FY2029 earnings at $2.92 EPS and FY2030 earnings at $3.30 EPS.

Several other research analysts have also recently weighed in on the stock. Wall Street Zen raised shares of Transcat from a “sell” rating to a “hold” rating in a report on Wednesday, May 28th. HC Wainwright reaffirmed a “buy” rating and issued a $116.00 price target (up previously from $106.00) on shares of Transcat in a report on Wednesday, May 21st. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $114.00.

Transcat Trading Down 2.3%

Transcat stock opened at $74.90 on Monday. The stock has a market cap of $697.92 million, a P/E ratio of 40.49 and a beta of 0.75. Transcat has a fifty-two week low of $67.56 and a fifty-two week high of $147.12. The firm’s fifty day moving average price is $82.27 and its 200-day moving average price is $87.76. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.98 and a current ratio of 2.42.

Transcat (NASDAQ:TRNS) last released its quarterly earnings results on Monday, May 19th. The scientific and technical instruments company reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.02). The firm had revenue of $77.13 million during the quarter, compared to the consensus estimate of $76.40 million. Transcat had a return on equity of 7.23% and a net margin of 6.22%. The firm’s quarterly revenue was up 8.8% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Conestoga Capital Advisors LLC increased its stake in Transcat by 5.8% in the first quarter. Conestoga Capital Advisors LLC now owns 957,254 shares of the scientific and technical instruments company’s stock valued at $71,268,000 after acquiring an additional 52,328 shares during the last quarter. Neuberger Berman Group LLC increased its stake in Transcat by 5.5% in the first quarter. Neuberger Berman Group LLC now owns 921,898 shares of the scientific and technical instruments company’s stock valued at $68,635,000 after acquiring an additional 47,913 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its stake in Transcat by 17.1% in the first quarter. T. Rowe Price Investment Management Inc. now owns 607,360 shares of the scientific and technical instruments company’s stock valued at $45,218,000 after acquiring an additional 88,763 shares during the last quarter. Champlain Investment Partners LLC increased its stake in Transcat by 7.6% in the first quarter. Champlain Investment Partners LLC now owns 598,026 shares of the scientific and technical instruments company’s stock valued at $44,523,000 after acquiring an additional 42,376 shares during the last quarter. Finally, Royce & Associates LP boosted its stake in shares of Transcat by 1.1% in the 1st quarter. Royce & Associates LP now owns 478,581 shares of the scientific and technical instruments company’s stock valued at $35,630,000 after purchasing an additional 5,327 shares in the last quarter. Institutional investors own 98.34% of the company’s stock.

About Transcat

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.