TRNS Stock - Transcat, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $278.42M | $259.48M | $230.57M | $204.96M | $173.34M |
| Gross Profit | $89.45M | $83.81M | $68.36M | $58.44M | $46.12M |
| Gross Margin | 32.1% | 32.3% | 29.6% | 28.5% | 26.6% |
| Operating Income | $17.87M | $19.78M | $16.25M | $14.14M | $11.07M |
| Net Income | $14.52M | $13.65M | $10.69M | $11.38M | $7.79M |
| Net Margin | 5.2% | 5.3% | 4.6% | 5.6% | 4.5% |
| EPS | $1.58 | $1.66 | $1.42 | $1.52 | $1.05 |
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 software that is used to integrate and manage the workflow of its calibration service centers and customers' assets; and Compliance, Control and Cost, an online customer portal that provides its customers with web-based asset management capability, as well as a safe and secure off-site archive of calibration and other service records. The Distribution segment sells and rents test, measurement, and control instruments for customers' test and measurement instrumentation needs, as well as value added services, such as calibration/certification of equipment purchase, equipment rental, used equipment for sale, and equipment kitting. This segment markets and sells its products through website, digital and print advertising, proactive outbound sales, and an inbound call center. The company provides services and products to highly regulated industries, principally life science, which includes companies in the pharmaceutical, biotechnology, medical device, and other FDA-regulated industries; and additional industries, including aerospace and defense industrial manufacturing, energy and utilities, and other industries that require accuracy in processes and confirmation of the capabilities of their equipment. Transcat, Inc. was incorporated in 1964 and is headquartered in Rochester, New York.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| July 10th 2025 | Lake Street | Initiation | Buy | $105 |
| January 29th 2025 | Oppenheimer | Downgrade | Perform | - |
| May 22nd 2024 | Northland Capital | Downgrade | Market Perform | - |
| October 17th 2023 | Oppenheimer | Initiation | Outperform | $110 |
| September 15th 2022 | Northland Capital | Initiation | Outperform | $100 |
Earnings History & Surprises
TRNSEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 18, 2026 | — | — | — | — |
Q1 2026 | Jan 26, 2026 | $0.36 | — | — | — |
Q4 2025 | Nov 3, 2025 | $0.46 | $0.44 | -4.3% | ✗ MISS |
Q3 2025 | Aug 6, 2025 | $0.40 | $0.59 | +47.5% | ✓ BEAT |
Q2 2025 | May 19, 2025 | $0.66 | $0.64 | -3.0% | ✗ MISS |
Q1 2025 | Jan 27, 2025 | $0.38 | $0.45 | +18.4% | ✓ BEAT |
Q4 2024 | Oct 28, 2024 | $0.46 | $0.35 | -23.9% | ✗ MISS |
Q3 2024 | Jul 29, 2024 | $0.36 | $0.48 | +33.3% | ✓ BEAT |
Q2 2024 | May 20, 2024 | $0.53 | $0.77 | +45.3% | ✓ BEAT |
Q1 2024 | Jan 29, 2024 | $0.35 | $0.38 | +8.6% | ✓ BEAT |
Q4 2023 | Oct 30, 2023 | $0.37 | $0.41 | +10.8% | ✓ BEAT |
Q3 2023 | Jul 31, 2023 | $0.27 | $0.38 | +40.7% | ✓ BEAT |
Q2 2023 | May 22, 2023 | $0.35 | $0.48 | +37.1% | ✓ BEAT |
Q1 2023 | Jan 30, 2023 | $0.22 | $0.21 | -4.5% | ✗ MISS |
Q4 2022 | Oct 31, 2022 | $0.39 | $0.31 | -20.5% | ✗ MISS |
Q3 2022 | Aug 1, 2022 | $0.27 | $0.40 | +48.1% | ✓ BEAT |
Q2 2022 | May 23, 2022 | $0.45 | $0.40 | -11.1% | ✗ MISS |
Q1 2022 | Feb 1, 2022 | $0.25 | $0.21 | -16.0% | ✗ MISS |
Q4 2021 | Nov 2, 2021 | $0.37 | $0.50 | +35.1% | ✓ BEAT |
Q3 2021 | Jul 27, 2021 | $0.25 | $0.49 | +96.0% | ✓ BEAT |
Latest News
Transcat Says Expect Return To High Single-Digit Service Organic Revenue Growth In Second Half Of Fiscal 2026
📈 PositiveTranscat Q2 Adj. EPS $0.44 Misses $0.51 Estimate, Sales $82.300M Beat $79.512M Estimate
➖ NeutralHC Wainwright & Co. Reiterates Buy on Transcat, Maintains $116 Price Target
📈 PositiveTranscat CEO Lee D. Rudow To Resign
📉 NegativeHC Wainwright & Co. Reiterates Buy on Transcat, Maintains $116 Price Target
📈 PositiveFrequently Asked Questions about TRNS
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