Transcat Stock: A Deep Dive Into Analyst Perspectives (6 Ratings)

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In the latest quarter, 6 analysts provided ratings for Transcat TRNS, showcasing a mix of bullish and bearish perspectives.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 1 1 0 0
Last 30D 1 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 3 1 1 0 0
3M Ago 0 0 0 0 0

Analysts have recently evaluated Transcat and provided 12-month price targets. The average target is $126.67, accompanied by a high estimate of $156.00 and a low estimate of $110.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 10.37%.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

The analysis of recent analyst actions sheds light on the perception of Transcat by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Greg Palm Craig-Hallum Raises Buy $125.00 $113.00
Ted Jackson Northland Capital Markets Lowers Market Perform $110.00 $130.00
Martin Yang Oppenheimer Lowers Outperform $130.00 $155.00
Scott Buck HC Wainwright & Co. Lowers Buy $126.00 $156.00
Greg Palm Craig-Hallum Lowers Buy $113.00 $138.00
Scott Buck HC Wainwright & Co. Maintains Buy $156.00 $156.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Transcat. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Transcat compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Transcat's stock. This examination reveals shifts in analysts' expectations over time.

To gain a panoramic view of Transcat's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Transcat analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Get to Know Transcat Better

Transcat Inc is involved in providing calibration and laboratory instrument services and distribution of test, measurement, and control instrumentation. Its product and services portfolio consists of calibration instruments, dimensional measuring tools, Electrical test instruments, pressure measurement, etc. The firm has Service and Distribution operating segments. It derives the majority of its revenues from the Service segment. The firm promotes and sells its products under brand names such as Estech, FLIR, Fluke, Keysight, and Megger among others. It serves to pharmaceutical, industrial manufacturing, energy, and chemical process industries.

Transcat: Financial Performance Dissected

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Over the 3 months period, Transcat showcased positive performance, achieving a revenue growth rate of 8.0% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.

Net Margin: Transcat's net margin is impressive, surpassing industry averages. With a net margin of 4.84%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 1.24%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Transcat's ROA stands out, surpassing industry averages. With an impressive ROA of 1.02%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.08.

Analyst Ratings: Simplified

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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