FY2025 EPS Estimates for Transcat Reduced by Northland Capmk

Transcat, Inc. (NASDAQ:TRNSFree Report) – Northland Capmk lowered their FY2025 earnings per share estimates for Transcat in a research report issued on Wednesday, January 29th. Northland Capmk analyst E. Jackson now expects that the scientific and technical instruments company will post earnings per share of $2.24 for the year, down from their prior estimate of $2.34. The consensus estimate for Transcat’s current full-year earnings is $2.39 per share. Northland Capmk also issued estimates for Transcat’s Q4 2025 earnings at $0.59 EPS and FY2026 earnings at $2.28 EPS.

Transcat (NASDAQ:TRNSGet Free Report) last released its quarterly earnings data on Monday, January 27th. The scientific and technical instruments company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. Transcat had a net margin of 6.22% and a return on equity of 7.43%. During the same period in the previous year, the firm posted $0.56 EPS.

Several other analysts have also recently commented on the company. Northland Securities restated a “market perform” rating and issued a $85.00 target price (down from $110.00) on shares of Transcat in a research report on Wednesday. Craig Hallum lifted their price objective on shares of Transcat from $113.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Oppenheimer downgraded shares of Transcat from an “outperform” rating to a “market perform” rating in a research report on Wednesday. HC Wainwright decreased their price objective on shares of Transcat from $126.00 to $106.00 and set a “buy” rating for the company in a report on Wednesday. Finally, StockNews.com raised Transcat from a “sell” rating to a “hold” rating in a research note on Tuesday. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $111.50.

Read Our Latest Research Report on TRNS

Transcat Trading Up 0.4 %

Shares of NASDAQ:TRNS opened at $77.02 on Thursday. The firm’s 50 day moving average is $103.15 and its two-hundred day moving average is $114.18. The firm has a market capitalization of $708.58 million, a P/E ratio of 41.63 and a beta of 0.71. Transcat has a 52 week low of $73.37 and a 52 week high of $147.12.

Institutional Trading of Transcat

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Conestoga Capital Advisors LLC grew its position in Transcat by 17.9% in the third quarter. Conestoga Capital Advisors LLC now owns 907,191 shares of the scientific and technical instruments company’s stock worth $109,561,000 after buying an additional 137,830 shares during the last quarter. Millrace Asset Group Inc. bought a new stake in shares of Transcat during the 3rd quarter worth $655,000. State Street Corp grew its holdings in shares of Transcat by 8.1% in the 3rd quarter. State Street Corp now owns 207,230 shares of the scientific and technical instruments company’s stock worth $25,027,000 after acquiring an additional 15,514 shares during the last quarter. Champlain Investment Partners LLC raised its position in shares of Transcat by 22.1% during the third quarter. Champlain Investment Partners LLC now owns 409,500 shares of the scientific and technical instruments company’s stock worth $49,455,000 after purchasing an additional 74,169 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Transcat by 5.4% during the third quarter. Geode Capital Management LLC now owns 217,473 shares of the scientific and technical instruments company’s stock valued at $26,269,000 after purchasing an additional 11,106 shares during the last quarter. 98.34% of the stock is owned by institutional investors and hedge funds.

About Transcat

(Get Free Report)

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.

Featured Stories

Earnings History and Estimates for Transcat (NASDAQ:TRNS)

Receive News & Ratings for Transcat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transcat and related companies with MarketBeat.com's FREE daily email newsletter.