Transcat, Inc. (TRNS)

NASDAQ: TRNS · IEX Real-Time Price · USD
123.95
+4.76 (3.99%)
Jul 2, 2024, 4:00 PM EDT - Market closed
3.99%
Market Cap 1.13B
Revenue (ttm) 259.48M
Net Income (ttm) 13.65M
Shares Out 9.13M
EPS (ttm) 1.63
PE Ratio 76.04
Forward PE 58.70
Dividend n/a
Ex-Dividend Date n/a
Volume 41,059
Open 119.74
Previous Close 119.19
Day's Range 119.16 - 125.74
52-Week Range 81.26 - 147.00
Beta 0.68
Analysts Strong Buy
Price Target 158.00 (+27.47%)
Earnings Date Jul 29, 2024

About TRNS

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. This segment also provides CalTrak, a proprietary document and asset management system that is used to manage the workflow of its calibration service centers and customers' assets; and Compliance, Control and Cost, a... [Read more]

Sector Industrials
Founded 1964
Employees 1,104
Stock Exchange NASDAQ
Ticker Symbol TRNS
Full Company Profile

Financial Performance

In 2023, Transcat's revenue was $259.48 million, an increase of 12.54% compared to the previous year's $230.57 million. Earnings were $13.65 million, an increase of 27.69%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for TRNS stock is "Strong Buy." The 12-month stock price forecast is $158.0, which is an increase of 27.47% from the latest price.

Price Target
$158.0
(27.47% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Transcat Reports double-digit Organic Service Revenue Growth and significant Gross Margin expansion in both Segments for the Fourth Quarter and Full Year 2024

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 distri...

6 weeks ago - Business Wire

Transcat Announces Fourth Quarter Fiscal Year 2024 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 distri...

7 weeks ago - Business Wire

Woodbridge International Announces Sale of Becnel Rental Tools, Inc. to Transcat, Inc.

NEW HAVEN, Conn., April 15, 2024 (GLOBE NEWSWIRE) -- Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Becnel Rental Tools, Inc. b...

2 months ago - GlobeNewsWire

Transcat further expands its higher margin rental business with the acquisition of Becnel Rental Tools, Inc.

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 distri...

2 months ago - Business Wire

Transcat Inc. Announces Executive Leadership Changes

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat Inc. (NASDAQ:TRNS) (the “Company” or “Transcat”), a leading provider of accredited calibration services, cost control and optimization services, and value-ad...

3 months ago - Business Wire

Transcat Reports Strong Third Quarter Results on Service Gross Margin Expansion and Adjusted EBITDA Growth

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and v...

5 months ago - Business Wire

Transcat Announces Third Quarter Fiscal Year 2024 Conference Call and Webcast

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-ad...

6 months ago - Business Wire

Transcat Reports Strong Second Quarter Results on Double-Digit Organic Service Growth and Expanding Gross Margins

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and v...

8 months ago - Business Wire

Transcat Announces Second Quarter Fiscal Year 2024 Conference Call and Webcast

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-ad...

9 months ago - Business Wire

Transcat, Inc. Prices $70 Million Public Offering of Common Stock

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-ad...

10 months ago - Business Wire

Transcat, Inc. Announces Proposed Public Offering of Common Stock

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-ad...

10 months ago - Business Wire

Transcat accelerates the growth of its high margin rental business with the acquisition of Axiom Test Equipment, Inc.

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-ad...

11 months ago - Business Wire

Transcat Inc (TRNS): A High-Performing Industrial Distribution Stock with an Impressive GF

Transcat Inc ( TRNS , Financial), a prominent player in the Industrial Distribution sector, is currently trading at $91.73 with a market capitalization of $704.746 million. The company's stock has see...

11 months ago - GuruFocus

Transcat Reports Strong First Quarter Results on Double-Digit Organic Service Growth and Expanding Gross Margins

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and v...

1 year ago - Business Wire

Transcat Announces First Quarter Fiscal Year 2024 Conference Call and Webcast

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-ad...

1 year ago - Business Wire

Transcat Extends Its Professional Services Business With Acquisition of SteriQual, Inc.

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-ad...

1 year ago - Business Wire

Transcat Reports Record Revenue and Gross Margins for Fourth Quarter and Full Year 2023

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and v...

1 year ago - Business Wire

Transcat Announces Fourth Quarter and Full Fiscal Year 2023 Conference Call and Webcast

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-ad...

1 year ago - Business Wire

Transcat Strengthens Midwest Presence with Acquisition of St. Louis based TIC-MS, Inc.

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-ad...

1 year ago - Business Wire

Transcat, Inc. to Participate in the 35th Annual Roth Conference in Dana Point, California

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc.

1 year ago - Business Wire

Transcat Reports Third Quarter EBITDA Increase of 20% on 19% Service Revenue Growth and Strong Gross Margin Expansion

ROCHESTER, NY--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and v...

1 year ago - Business Wire

Lakeland Industries Finalizes Previously Announced Board Transition

HUNTSVILLE, AL / ACCESSWIRE / January 26, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare an...

Other symbols: LAKE
1 year ago - Accesswire

Transcat Announces Third Quarter Fiscal Year 2023 Conference Call and Webcast

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-...

1 year ago - Business Wire