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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 USD$169.5 million.
Since the stock market crash in March caused by coronavirus, Transcat's share price has had significant positive movement.
Its last market close was USD$32.9, which is 5.65% up on its pre-crash value of USD$31.04 and 99.39% up on the lowest point reached during the March crash when the shares fell as low as USD$16.5.
If you had bought USD$1,000 worth of Transcat shares at the start of February 2020, those shares would have been worth USD$865.71 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,071.55.
|Latest market close||USD$32.9|
|52-week range||USD$16.5 - USD$34.18|
|50-day moving average||USD$29.8853|
|200-day moving average||USD$28.1065|
|Wall St. target price||USD$36|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$0.91|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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.
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.
|1 week (2020-11-15)||N/A|
|1 month (2020-10-26)||19.64%|
|3 months (2020-08-22)||N/A|
|6 months (2020-05-22)||N/A|
|1 year (2019-11-22)||N/A|
|2 years (2018-11-22)||N/A|
|3 years (2017-11-22)||N/A|
|5 years (2015-11-22)||N/A|
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 34x. In other words, Transcat shares trade at around 34x 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 (earnings before interest, taxes, depreciation and amortisation) is USD$17.3 million.
The EBITDA is a measure of a Transcat's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$169.5 million|
|Operating margin TTM||6.04%|
|Gross profit TTM||USD$42.5 million|
|Return on assets TTM||5.31%|
|Return on equity TTM||10.23%|
|Market capitalisation||USD$240.7 million|
TTM: trailing 12 months
There are currently 58,175 Transcat shares held short by investors – that's known as Transcat's "short interest". This figure is 17.5% up from 49,522 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) is the quantity of Transcat shares currently shorted divided by the average quantity of Transcat shares traded daily (recently around 14616.834170854). Transcat's SIR currently stands at 3.98. In other words for every 100,000 Transcat shares traded daily on the market, roughly 3980 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 0.0084% of the tradable shares (for every 100,000 tradable Transcat shares, roughly 8 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.
We're not expecting Transcat to pay a dividend over the next 12 months.
Transcat's shares were split on a 2:1 basis on 23 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.
Over the last 12 months, Transcat's shares have ranged in value from as little as $16.5 up to $34.18. 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 0.7458. This would suggest that Transcat's shares are less volatile than average (for this exchange).
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. 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, oil and gas and alternative energy, and other industries that require accuracy in processes and confirmation of the capabilities of their equipment. Transcat, Inc. was founded in 1964 and is headquartered in Rochester, New York.
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