TRNS Stock Summary and Trading Ideas (Transcat | NASDAQ:TRNS)

Transcat Inc is involved in providing calibration and laboratory instrument services and distribution of test, measurement, and control instrumentation. Its product and services portfolio consists of calibration instruments, dimensional measuring tools, Electrical test instruments, pressure measurement, etc. The firm has Service and Distribution operating segments. It derives the majority of its revenues from the Service segment. The firm promotes and sells its products under brand names such as Estech, FLIR, Fluke, Keysight, and Megger among others. It serves to pharmaceutical, industrial manufacturing, energy, and chemical process industries.

Transcat trades on the NASDAQ stock market under the symbol TRNS.

As of March 3, 2025, TRNS stock price declined to $75.29 with 111,305 million shares trading.

TRNS has a beta of 1.96, meaning it tends to be more sensitive to market movements. TRNS has a correlation of 0.21 to the broad based SPY ETF.

TRNS has a market cap of $700.91 million. This is considered a Small Cap stock.

Last quarter Transcat reported $67 million in Revenue and $.45 earnings per share. This fell short of revenue expectation by $-4 million and missed earnings estimates by -$.05.

In the last 3 years, TRNS traded as high as $147.12 and as low as $50.32.

The top ETF exchange traded funds that TRNS belongs to (by Net Assets): VTI, IWM, VXF, IWO, SCHA.

TRNS has underperformed the market in the last year with a price return of -27.4% while the SPY ETF gained +16.7%. TRNS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -28.3% and -11.3%, respectively, while the SPY returned -2.2% and -4.3%, respectively.

TRNS support price is $76.86 and resistance is $82.18 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TRNS shares will trade within this expected range on the day.