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
Transcat Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Transcat stock have an average target of 158, with a low estimate of 156 and a high estimate of 160. The average target predicts an increase of 27.47% from the current stock price of 123.95.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 22, 2024.
Analyst Ratings
The average analyst rating for Transcat stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $125 → $160 | Buy | Maintains | $125 → $160 | +29.08% | May 22, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $124 → $156 | Strong Buy | Maintains | $124 → $156 | +25.86% | May 22, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $120 → $125 | Buy | Reiterates | $120 → $125 | +0.85% | Apr 18, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $124 | Strong Buy | Reiterates | $124 | +0.04% | Apr 16, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $108 → $124 | Strong Buy | Maintains | $108 → $124 | +0.04% | Jan 31, 2024 |
Financial Forecast
Revenue This Year
298.79M
from 259.48M
Increased by 15.15%
Revenue Next Year
317.33M
from 298.79M
Increased by 6.21%
EPS This Year
2.10
from 1.63
Increased by 28.75%
EPS Next Year
2.50
from 2.10
Increased by 19.24%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 309.6M | 331.4M | 335.5M | 352.2M | 369.9M |
| Avg | 298.8M | 317.3M | 325.9M | 342.2M | 359.4M |
| Low | 285.0M | 298.6M | 313.1M | 328.8M | 345.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.3% | 10.9% | 5.7% | 8.1% | 8.1% |
| Avg | 15.1% | 6.2% | 2.7% | 5.0% | 5.0% |
| Low | 9.9% | -0.1% | -1.3% | 0.9% | 0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.38 | 2.81 | 2.61 | 2.90 | 3.07 |
| Avg | 2.10 | 2.50 | 2.54 | 2.82 | 2.98 |
| Low | 1.84 | 2.11 | 2.44 | 2.70 | 2.86 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 46.2% | 34.1% | 4.5% | 14.1% | 8.9% |
| Avg | 28.8% | 19.2% | 1.5% | 10.8% | 5.8% |
| Low | 13.0% | 0.4% | -2.5% | 6.5% | 1.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.