TRNS · NASDAQ · Specialty Business Services

Transcat (TRNS)

Provides calibration and compliance services alongside test-and-measurement instrument sales and rentals.

$90.20
vs last close+2.03 (+2.31%)
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Transcat, Inc.TRNS
Industrials

Provides calibration, reliability, compliance, validation, and asset-management services through its Service segment. Distribution sells and rents test-and-measurement instruments with related calibration and value-added services for highly regulated customers that need accurate equipment and documented controls.

Provides calibration, reliability, compliance, validation, and asset-management services through its Service segment. These offerings help highly regulated life-sciences, aerospace-and-defense, and energy-and-utilities customers maintain accurate equipment and documented controls.

Sells and rents test-and-measurement instruments, with related calibration and value-added distribution services, through Distribution. Operations are concentrated in the United States, while the acquisition program has expanded calibration capabilities into Canada, Ireland, and Costa Rica.

Grows through organic revenue and acquisitions that add service capacity, technical capabilities, and geographic coverage. The business is shaped by customers' needs for accuracy, equipment reliability, and compliance in regulated environments.

Company facts

CEOJaime A. Irick
ListedDec 5, 1977
ExchangeNASDAQ
HeadquartersRochester, NY
CountryUnited States
Employees1,413
CIK0000099302
ISINUS8935291075

Market cap$825.2M
EPS (ttm)$0.3700
P/E (ttm)238.27
ROE1.2%
P/B2.72
P/S2.37
Dividend yieldDiv yield
Beta1.38vs XLI 1.14

Price target$113.00+28.2%Average of 10 analysts
ConsensusBuy8 of 10 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Oct 23, 2025Northland SecuritiesTarget
Target: $110
Target: $95
Jan 29, 2025OppenheimerDowngrade
Rating: Outperform
Rating: Perform

Next report
Nov 2, 26
in 41 days
EPS estimate
$0.41
Revenue estimate
$92.4M
Fiscal quarter
Q2 FY27

EPSReportedEstimate

Jan '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$0.45$0.64$0.59$0.14$0.26$0.56$0.14Pending
Estimate$0.38$0.66$0.40$0.42$0.30$0.51$0.38$0.41
Surprise+18.4%−3.0%+47.5%−66.5%−13.3%+9.8%−62.9%

RevenueReportedEstimate

Jan '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$66.8M$77.1M$76.4M$82.3M$83.9M$89.3M$92.9MPending
Estimate$70.3M$76.7M$72.3M$89.8M$80.6M$89.8M$86.6M$92.4M
Surprise−5.0%+0.6%+5.7%−8.4%+4.0%−0.5%+7.4%
Estimate$0.41
ReportedDue Nov 2, 2026
Estimate$92.4M
ReportedDue Nov 2, 2026
View details

Debt to equity47.30%
Current ratio249.20%

ProfitabilityRevenueNet incomeNet margin

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue$67.8M$67.8M$77.1M$77.1M$82.3M$83.9M$89.3M$92.9M
Net income$3.3M$3.3M$4.5M$4.5M$1.3M−$1.1M$1.9M$1.3M
Net margin4.8%4.8%5.8%5.8%1.5%0.0%2.2%1.4%

GrowthOperating income

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Operating income$3.7M$3.7M$6.9M$6.9M$3.5M$88.0K$3.2M$3.7M
YoY growth−13.0%−24.6%+36.1%−6.2%−97.6%−53.6%−46.4%

Balance sheet, Jun 27, 2026Cash & short-term investments $6.7M · Total debt $143.2M · Total assets $492.6M · Shareholders' equity $302.9M

Revenue
$92.9M
Operating income
$3.7M
Net income
$1.3M
View details

No dividends on record.

Institutions≈ 101.05%9.46M shares
177 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders2.45%229.6K shares
14 holders · as of Sep 10, 2026
Strategic holders7.33%685.7K shares
1 holder · as of Feb 14, 2023
Adds to110.83%

9.36M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

These groups come from separate filings that can overlap, so they add to 110.83%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Neuberger Berman Group LLCInstitution
8.31%777,366as of Jun 30, 2026
BlackRock, Inc.Institution
7.77%727,010as of Jun 30, 2026
Alger Associates, Inc.Strategic
7.33%685,662filed Feb 14, 2023
Hood River Capital Management LLCInstitution
6.43%601,541as of Jun 30, 2026
Wasatch Advisors LPInstitution
5.18%484,416filed Feb 11, 2022

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 2, 2026Oksana S. Dominachdirector−7,312$85.60
Aug 7, 2026Christopher P. Gillettedirector−504$94.23
Aug 6, 2026Craig D. Cairnsdirector+1,050$93.97
View details

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Compare

CompanyPriceChange
Transcat$90.20+2.31%$825.2M238.346.82.4+21.6%
Keysight Technologies$343.70+0.49%$58.45B47.125.88.9+36.5%
Fortive$55.77+1.24%$16.64B32.417.93.9−27.8%
AMETEK$245.43+1.74%$55.29B35.328.07.0+15.0%
Viavi Solutions$35.00−3.31%$8.93B21.85.9+52.5%
Mistras Group$20.89−0.50%$667.8M25.218.00.9+4.2%
Median33.821.85.9+15.0%