Northland Securities Forecasts Reduced Earnings for Transcat

Transcat, Inc. (NASDAQ:TRNS) – Stock analysts at Northland Securities cut their Q2 2027 earnings estimates for shares of Transcat in a research note issued to investors on Wednesday, August 5th. Northland Securities analyst T. Jackson now expects that the scientific and technical instruments company will post earnings per share of $0.41 for the quarter, down from their prior estimate of $0.45. Northland Securities has a “Market Perform” rating and a $95.00 price objective on the stock. The consensus estimate for Transcat’s current full-year earnings is $1.71 per share. Northland Securities also issued estimates for Transcat’s Q4 2027 earnings at $0.60 EPS, FY2027 earnings at $1.71 EPS and FY2031 earnings at $3.53 EPS.

Transcat (NASDAQ:TRNS) last released its quarterly earnings data on Tuesday, August 4th. The scientific and technical instruments company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.13. The firm had revenue of $92.95 million for the quarter, compared to the consensus estimate of $86.55 million. Transcat had a net margin of 0.99% and a return on equity of 5.59%.

TRNS has been the subject of several other reports. Zacks Research raised Transcat from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. Wall Street Zen upgraded Transcat from a “sell” rating to a “hold” rating in a research note on Sunday, June 28th. Finally, Weiss Ratings upgraded shares of Transcat from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, May 28th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $105.50.

Transcat Stock Up 2.0%

Transcat stock opened at $93.75 on Thursday. The company has a quick ratio of 1.99, a current ratio of 2.33 and a debt-to-equity ratio of 0.33. The firm has a market cap of $877.50 million, a P/E ratio of 253.38 and a beta of 0.68. The business has a fifty day moving average of $89.11 and a two-hundred day moving average of $79.29. Transcat has a twelve month low of $50.23 and a twelve month high of $95.22.

Hedge Funds Weigh In On Transcat

Several hedge funds and other institutional investors have recently modified their holdings of TRNS. Wellington Management Group LLP raised its stake in Transcat by 677.7% in the 4th quarter. Wellington Management Group LLP now owns 248,539 shares of the scientific and technical instruments company’s stock worth $14,100,000 after acquiring an additional 216,579 shares during the last quarter. First Eagle Investment Management LLC purchased a new stake in shares of Transcat in the fourth quarter worth about $7,259,000. King Luther Capital Management Corp grew its holdings in Transcat by 182.3% during the fourth quarter. King Luther Capital Management Corp now owns 103,750 shares of the scientific and technical instruments company’s stock worth $5,886,000 after acquiring an additional 67,000 shares during the period. Royce & Associates LP raised its position in Transcat by 15.3% during the fourth quarter. Royce & Associates LP now owns 390,546 shares of the scientific and technical instruments company’s stock valued at $22,156,000 after acquiring an additional 51,774 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in Transcat by 109.7% during the fourth quarter. Renaissance Technologies LLC now owns 95,200 shares of the scientific and technical instruments company’s stock valued at $5,401,000 after acquiring an additional 49,800 shares in the last quarter. 98.34% of the stock is owned by hedge funds and other institutional investors.

Key Transcat News

Here are the key news stories impacting Transcat this week:

• Positive Sentiment: Transcat’s latest quarter exceeded expectations on an adjusted basis, with EPS of $0.51 versus the $0.38 consensus estimate and revenue of $92.95 million versus expectations of $86.55 million. Revenue increased 21.6% year over year to approximately $92.9 million, supported by continued demand for measurement, calibration and technical services. Transcat Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: Management is targeting high-single-digit organic growth in its Service segment and is emphasizing operational excellence, providing a potential path to sustain top-line momentum and improve execution. Transcat Targets High-Single-Digit Service Organic Growth
• Neutral Sentiment: Operating cash flow rose sharply to $8.8 million, up 143.4% year over year, but the company’s balance sheet also showed higher liabilities. Institutional interest was mixed, with 78 investors adding shares and 63 reducing positions in the latest reporting period.
• Negative Sentiment: Despite strong sales, profitability deteriorated: operating profit declined 30.3% and net income fell 59.2% year over year in the reported figures. The divergence between revenue growth and margins may be contributing to analyst caution. Transcat Q1 2027 Earnings Analysis
• Negative Sentiment: Northland Securities reduced its EPS forecasts for Q2 2027 to $0.41 from $0.45, FY2027 to $1.71 from $1.86, Q4 2027 to $0.60 from $0.62, and FY2031 to $3.53 from $3.88. The firm maintained its “Market Perform” rating and $95 target, reinforcing concerns about slower earnings growth and margin pressure.

About Transcat

Transcat, Inc (NASDAQ: TRNS) is a leading provider of calibration, laboratory, and metrology services in North America. Founded in 1964 and headquartered in Ronkonkoma, New York, the company specializes in ensuring the accuracy and compliance of measurement instruments across a wide range of industries. Transcat operates a network of ISO/IEC 17025–accredited laboratories and offers on-site field calibration, instrument repair, and preventive maintenance services.

In addition to its calibration services, Transcat distributes precision instrumentation and related software solutions from top manufacturers.