Research Analysts Set Expectations for Transcat Q3 Earnings

Transcat, Inc. (NASDAQ:TRNS) – Equities research analysts at HC Wainwright lowered their Q3 2025 earnings per share estimates for shares of Transcat in a research note issued to investors on Wednesday, October 30th. HC Wainwright analyst S. Buck now expects that the scientific and technical instruments company will post earnings per share of $0.29 for the quarter, down from their prior estimate of $0.43. HC Wainwright has a “Buy” rating and a $156.00 price objective on the stock. The consensus estimate for Transcat’s current full-year earnings is $2.06 per share. HC Wainwright also issued estimates for Transcat’s FY2025 earnings at $1.60 EPS and FY2026 earnings at $1.83 EPS.

Transcat (NASDAQ:TRNS) last released its earnings results on Monday, October 28th. The scientific and technical instruments company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.12). Transcat had a return on equity of 7.62% and a net margin of 6.63%. The company had revenue of $67.83 million during the quarter, compared to analyst estimates of $70.30 million. During the same period in the prior year, the business posted $0.41 earnings per share. Transcat’s revenue was up 8.0% on a year-over-year basis.

Several other research analysts have also weighed in on TRNS. Craig Hallum cut their target price on Transcat from $138.00 to $113.00 and set a “buy” rating on the stock in a research report on Wednesday. StockNews.com lowered Transcat from a “hold” rating to a “sell” rating in a research note on Tuesday. Oppenheimer reiterated an “outperform” rating and set a $130.00 target price (down previously from $155.00) on shares of Transcat in a report on Wednesday. Finally, Northland Securities cut their price target on shares of Transcat from $130.00 to $110.00 and set a “market perform” rating on the stock in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $127.25.

Transcat Stock Down 3.5 %

Shares of TRNS opened at $95.57 on Friday. Transcat has a fifty-two week low of $84.45 and a fifty-two week high of $147.12. The company’s fifty day moving average is $122.34 and its two-hundred day moving average is $121.99. The firm has a market cap of $874.47 million, a PE ratio of 48.27 and a beta of 0.67.

Hedge Funds Weigh In On Transcat

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Quadrature Capital Ltd purchased a new position in Transcat in the 1st quarter valued at about $619,000. Calamos Advisors LLC grew its stake in Transcat by 76.0% during the 2nd quarter. Calamos Advisors LLC now owns 15,441 shares of the scientific and technical instruments company’s stock valued at $1,848,000 after purchasing an additional 6,667 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in Transcat by 26.4% during the 2nd quarter. First Horizon Advisors Inc. now owns 599 shares of the scientific and technical instruments company’s stock worth $72,000 after purchasing an additional 125 shares during the last quarter. Quest Partners LLC purchased a new position in shares of Transcat during the 2nd quarter valued at approximately $109,000. Finally, Annex Advisory Services LLC grew its position in shares of Transcat by 61.4% during the third quarter. Annex Advisory Services LLC now owns 16,568 shares of the scientific and technical instruments company’s stock worth $2,001,000 after buying an additional 6,304 shares in the last quarter. 98.34% of the stock is owned by institutional investors and hedge funds.

About Transcat

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.