How to buy Transcat stock

Transcat, Inc is an industrial distribution business based in the US. Transcat shares (TRNS) are listed on the NASDAQ and all prices are listed in US Dollars. Transcat employs 722 staff and has a trailing 12-month revenue of around 0.00.

Transcat share price

Use our graph to track the performance of TRNS stocks over time.

Transcat shares at a glance

• Key figures

Information last updated 2021-04-23.

52-week range	$22.87 - $53.99
50-day moving average	$49.34
200-day moving average	$38.40
Wall St. target price	$47.14
PE ratio	53.3936
Dividend yield	N/A (0%)
Earnings per share (TTM)	$0.94

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Is it a good time to buy Transcat stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Transcat, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Transcat under- or over-valued?

Valuing Transcat stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Transcat's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Transcat's P/E ratio

Transcat's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 53x. In other words, Transcat shares trade at around 53x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Transcat's EBITDA

Transcat's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $18 million.

The EBITDA is a measure of a Transcat's overall financial performance and is widely used to measure a its profitability.

Transcat financials

Revenue TTM	$170.3 million
Operating margin TTM	6.26%
Gross profit TTM	$42.5 million
Return on assets TTM	5.45%
Return on equity TTM	10.31%
Profit margin	4.15%
Book value	$9.74
Market capitalisation	$368.3 million

TTM: trailing 12 months

Shorting Transcat shares

There are currently 79,769 Transcat shares held short by investors – that's known as Transcat's "short interest". This figure is 22.3% up from 65,211 last month.

There are a few different ways that this level of interest in shorting Transcat shares can be evaluated.

Transcat's "short interest ratio" (SIR)

Transcat's "short interest ratio" (SIR) is the quantity of Transcat shares currently shorted divided by the average quantity of Transcat shares traded daily (recently around 61360.769230769). Transcat's SIR currently stands at 1.3. In other words for every 100,000 Transcat shares traded daily on the market, roughly 1300 shares are currently held short.

However Transcat's short interest can also be evaluated against the total number of Transcat shares, or, against the total number of tradable Transcat shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Transcat's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Transcat shares in existence, roughly 10 shares are currently held short) or 0.0115% of the tradable shares (for every 100,000 tradable Transcat shares, roughly 12 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Transcat.

Find out more about how you can short Transcat stock.

Transcat share dividends

We're not expecting Transcat to pay a dividend over the next 12 months.

Have Transcat's shares ever split?

Transcat's shares were split on a 2:1 basis on 22 July 1997. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Transcat shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Transcat shares which in turn could have impacted Transcat's share price.

Transcat share price volatility

Over the last 12 months, Transcat's shares have ranged in value from as little as $22.87 up to $53.99. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Transcat's is 0.7148. This would suggest that Transcat's shares are less volatile than average (for this exchange).

Transcat overview

Transcat, Inc. provides calibration and laboratory instrument services in North America and internationally. It operates in 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. This segment markets and sells its products through Website, digital and print advertising, proactive outbound sales, and an inbound call center.

Frequently asked questions

• What percentage of Transcat is owned by insiders or institutions?

  Currently 6.43% of Transcat shares are held by insiders and 79.422% by institutions.

• How many people work for Transcat?

  Latest data suggests 722 work at Transcat.

• When does the fiscal year end for Transcat?

  Transcat's fiscal year ends in March.

• Where is Transcat based?

  Transcat's address is: 35 Vantage Point Drive, Rochester, NY, United States, 14624

• What is Transcat's ISIN number?

  Transcat's international securities identification number is: US8935291075

• What is Transcat's CUSIP number?

  Transcat's Committee on Uniform Securities Identification Procedures number is: 893529107