Equities Analysts Offer Predictions for Transcat Q1 Earnings

Transcat, Inc. (NASDAQ:TRNS) – Research analysts at Northland Capmk reduced their Q1 2026 EPS estimates for shares of Transcat in a report issued on Wednesday, June 4th. Northland Capmk analyst E. Jackson now forecasts that the scientific and technical instruments company will earn $0.42 per share for the quarter, down from their prior estimate of $0.50. The consensus estimate for Transcat’s current full-year earnings is $2.30 per share. Northland Capmk also issued estimates for Transcat’s Q2 2026 earnings at $0.53 EPS, Q3 2026 earnings at $0.43 EPS and Q4 2026 earnings at $0.62 EPS.

Other analysts have also issued research reports about the stock. Wall Street Zen upgraded shares of Transcat from a “sell” rating to a “hold” rating in a research note on Wednesday, May 28th. HC Wainwright reiterated a “buy” rating and set a $116.00 price objective (up previously from $106.00) on shares of Transcat in a research note on Wednesday, May 21st. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, Transcat currently has an average rating of “Hold” and an average target price of $114.00.

Transcat Stock Down 2.8%

TRNS opened at $77.98 on Friday. The firm has a 50 day moving average price of $82.20 and a 200 day moving average price of $88.20. The company has a market cap of $726.62 million, a PE ratio of 42.15 and a beta of 0.75. Transcat has a 1 year low of $67.56 and a 1 year high of $147.12. 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 posted its earnings results on Monday, May 19th. The scientific and technical instruments company reported $0.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.02). The business had revenue of $77.13 million for the quarter, compared to analyst estimates of $76.40 million. Transcat had a return on equity of 7.23% and a net margin of 6.22%. Transcat’s revenue was up 8.8% on a year-over-year basis.

Institutional Trading of Transcat

Hedge funds have recently made changes to their positions in the company. Jones Financial Companies Lllp raised its stake in shares of Transcat by 686.7% during 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 period. Quantbot Technologies LP bought a new stake in shares of Transcat in the first quarter worth $76,000. Aquatic Capital Management LLC increased its stake in shares of Transcat by 1,052.0% in the fourth quarter. Aquatic Capital Management LLC now owns 1,152 shares of the scientific and technical instruments company’s stock worth $122,000 after buying an additional 1,052 shares during the last quarter. State of Wyoming bought a new stake in shares of Transcat in the first quarter worth $95,000. Finally, Morgan Dempsey Capital Management LLC bought a new stake in shares of Transcat in the fourth quarter worth $143,000. Hedge funds and other institutional investors own 98.34% of the company’s stock.

Transcat Company Profile

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.