TRNS · NASDAQ · Specialty Business Services

Transcat

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

$85.85
After-hours close+0.21 (+0.25%)
At close$85.64(−4.71%)
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Profile

Transcat, Inc.TRNSIndustrials

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

Key statistics

Market cap$803.5M
EPS (ttm)$0.3700
P/E (ttm)232.03
ROE1.2%
P/B2.65
P/S2.31
Dividend yield
Beta1.33vs XLI 1.20

Year to date +49.8% · Average volume (30d) 132.3K

Analysts

Price target, next 12 months$113.00+31.6%Median of 10 analysts · vs the Aug 28 close
ConsensusBuy8 of 10 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Oct 23, 2025Northland SecuritiesTarget$110$95
Jan 29, 2025OppenheimerDowngradeOutperformPerform

Earnings

EPS

Estimate$0.41
ReportedDue Nov 2, 2026

Revenue

Estimate$92.4M
ReportedDue Nov 2, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 4, 2026Q1 FY27$0.38$0.14−62.9%$86.6M$92.9M+7.4%+2.02%
May 26, 2026Q4 FY26$0.51$0.56+9.8%$89.8M$89.3M−0.5%+5.06%
Feb 3, 2026Q3 FY26$0.32$0.26−17.5%$80.6M$83.9M+4.0%+11.54%
Nov 3, 2025Q2 FY26$0.46$0.44−4.3%$79.7M$82.3M+3.2%−11.71%
View details

Financial highlights

12 quartersQ4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue$77.1M$77.1M$82.3M$83.9M$89.3M$92.9M
Gross profit$25.9M$25.9M$26.8M$25.3M$30.5M$30.7M
Operating income$6.9M$6.9M$3.5M$88.0K$3.2M$3.7M
Net income$4.5M$4.5M$1.3M−$1.1M$1.9M$1.3M
Diluted EPS$0.48$0.48$0.14−$0.12$0.21$0.14
Gross margin33.6%33.6%32.5%30.1%34.1%33.1%
Operating margin9.0%9.0%4.3%0.1%3.6%4.0%

Fiscal years (4-quarter sums)FY22 $230.6M · FY23 $250.6M · FY24 $259.5M · FY25 $279.5M · FY26 $332.6M

Revenue by product · Q1 FY27

Service$62.6M · 67%
Distribution Service$30.4M · 33%

Revenue by geography · Q1 FY27

United States$87.1M · 95%
Canada$4.4M · 5%

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

Dividends

No dividends on record.

Ownership

Institutions 99.23%Insiders 2.38%

Institutions and insiders are filed separately and overlap, so together they can pass the whole company. No split is drawn from them.

Shares outstanding 9.36M · Float 9.14M · 97.7% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Neuberger Berman Group LLC825.7K8.82%13FMay 14, 2026
BlackRock, Inc.674.9K7.21%13FMay 13, 2026
Hood River Capital Management LLC614.6K6.57%13FMay 15, 2026
Royce & Associates LP614.3K6.58%13GApr 22, 2026
Conestoga Capital Advisors, LLC512.5K5.48%13FApr 24, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 7, 2026Christopher P. Gillettedirector−504$94.23
Aug 6, 2026Craig D. Cairnsdirector+1,050$93.97
View details

Peers

  • Keysight Technologies

    Calibration and electronic test solutions for regulated technical users

  • Fortive

    Fluke and Tektronix span calibration, test tools, and asset workflows

  • AMETEK

    Advanced test, measurement, and calibration instruments across core end markets

  • Viavi Solutions

    Test, measurement, repair, and calibration support for technical networks

  • Mistras Group

    Asset-protection testing and inspection for industrial critical assets

CompareAfter-hours close

CompanyPriceChange
Transcat$85.85+0.25%$803.5M232.044.32.3+21.6%
Keysight Technologies$319.97+0.09%$54.68B44.124.08.3+36.5%
Fortive$59.690.00%$18.03B35.119.24.2−27.8%
AMETEK$236.99+0.31%$54.15B34.527.16.9+15.0%
Viavi Solutions$36.96+1.18%$9.01B22.75.9+52.5%
Mistras Group$18.490.00%$588.3M22.215.90.8+4.2%
Median34.822.75.9+15.0%