Is Transcat Stock a Good Investment?
Transcat Investment Advice | TRNS |
- Examine Transcat's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Transcat's leadership team and their track record. Good management can help Transcat navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Trading Companies & Distributors space and any emerging trends that could impact Transcat's business and its evolving consumer preferences.
- Compare Transcat's performance and market position to its competitors. Analyze how Transcat is positioned in terms of product offerings, innovation, and market share.
- Check if Transcat pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Transcat's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Transcat stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Transcat is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Transcat Stock
Researching Transcat's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 95.0% of the company shares are owned by institutional investors. The book value of Transcat was at this time reported as 29.22. The company had not issued any dividends in recent years. Transcat had 2:1 split on the 23rd of July 1997.
To determine if Transcat is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Transcat's research are outlined below:
| Transcat generated a negative expected return over the last 90 days | |
| Transcat has high historical volatility and very poor performance | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Transcat Inc Trading Down 5.1 percent on Nov 26 |
Transcat Quarterly Gross Profit |
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Transcat uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Transcat. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Transcat's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 29th of January 2024 Upcoming Quarterly Report | View | |
| 27th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Transcat's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Transcat's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2015-01-26 | 2014-12-31 | 0.13 | 0.1148 | -0.0152 | 11 | ||
2018-07-25 | 2018-06-30 | 0.17 | 0.19 | 0.02 | 11 | ||
2014-01-27 | 2013-12-31 | 0.13 | 0.11 | -0.02 | 15 | ||
2013-07-30 | 2013-06-30 | 0.07 | 0.09 | 0.02 | 28 | ||
2019-07-23 | 2019-06-30 | 0.2 | 0.23 | 0.03 | 15 | ||
2013-10-28 | 2013-09-30 | 0.13 | 0.1 | -0.03 | 23 | ||
2022-02-01 | 2021-12-31 | 0.25 | 0.21 | -0.04 | 16 | ||
2021-02-02 | 2020-12-31 | 0.19 | 0.23 | 0.04 | 21 |
Know Transcat's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Transcat is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Transcat backward and forwards among themselves. Transcat's institutional investor refers to the entity that pools money to purchase Transcat's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-09-30 | 217.5 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 199 K | State Street Corp | 2024-06-30 | 191.7 K | T. Rowe Price Investment Management,inc. | 2024-09-30 | 186.5 K | Northern Trust Corp | 2024-09-30 | 107.6 K | Amvescap Plc. | 2024-06-30 | 98.1 K | Punch & Associates Inv Mgmt Inc | 2024-09-30 | 93.5 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 91.7 K | Bank Of America Corp | 2024-06-30 | 86.9 K | Conestoga Capital Advisors, Llc | 2024-09-30 | 907.2 K | Neuberger Berman Group Llc | 2024-06-30 | 830.4 K |
Transcat's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 966.29 M.Market Cap |
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Transcat's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.10 | |
| Return On Capital Employed | 0.08 | 0.12 | |
| Return On Assets | 0.05 | 0.06 | |
| Return On Equity | 0.06 | 0.12 |
Determining Transcat's profitability involves analyzing its financial statements and using various financial metrics to determine if Transcat is a good buy. For example, gross profit margin measures Transcat's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Transcat's profitability and make more informed investment decisions.
Transcat's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Transcat's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Transcat. Check Transcat's Beneish M Score to see the likelihood of Transcat's management manipulating its earnings.
Evaluate Transcat's management efficiency
Transcat has return on total asset (ROA) of 0.0468 % which means that it generated a profit of $0.0468 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0881 %, meaning that it created $0.0881 on every $100 dollars invested by stockholders. Transcat's management efficiency ratios could be used to measure how well Transcat manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.10 in 2024. Return On Capital Employed is likely to gain to 0.12 in 2024. At this time, Transcat's Debt To Assets are comparatively stable compared to the past year. Fixed Asset Turnover is likely to gain to 9.08 in 2024, whereas Other Assets are likely to drop slightly above 614.2 K in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 27.33 | 7.21 | |
| Tangible Book Value Per Share | 12.09 | 1.84 | |
| Enterprise Value Over EBITDA | 27.20 | 8.91 | |
| Price Book Value Ratio | 4.08 | 2.17 | |
| Enterprise Value Multiple | 27.20 | 8.91 | |
| Price Fair Value | 4.08 | 2.17 | |
| Enterprise Value | 30.9 M | 51.4 M |
Leadership effectiveness at Transcat is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 0.692 |
Basic technical analysis of Transcat Stock
As of the 29th of November, Transcat has the Coefficient Of Variation of (1,485), risk adjusted performance of (0.04), and Variance of 10.01. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Transcat, as well as the relationship between them. Please validate Transcat mean deviation and maximum drawdown to decide if Transcat is priced more or less accurately, providing market reflects its prevalent price of 105.04 per share. Given that Transcat has information ratio of (0.11), we advise you to double-check Transcat's current market performance to make sure the company can sustain itself at a future point.Transcat's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Transcat insiders, such as employees or executives, is commonly permitted as long as it does not rely on Transcat's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Transcat insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Langston Cynthia over two weeks ago Disposition of 456 shares by Langston Cynthia of Transcat subject to Rule 16b-3 | ||
Cairns Craig D. over two months ago Acquisition by Cairns Craig D. of 704 shares of Transcat subject to Rule 16b-3 | ||
Cairns Craig D. over two months ago Disposition of 456 shares by Cairns Craig D. of Transcat subject to Rule 16b-3 | ||
Michael West over three months ago Acquisition by Michael West of 1333 shares of Transcat subject to Rule 16b-3 | ||
Mark Doheny over three months ago Disposition of 792 shares by Mark Doheny of Transcat at 111.43 subject to Rule 16b-3 | ||
Paul Moore over six months ago Acquisition by Paul Moore of 677 shares of Transcat subject to Rule 16b-3 | ||
John Zimmer over six months ago Transcat exotic insider transaction detected | ||
John Zimmer over a year ago Acquisition by John Zimmer of 3026 shares of Transcat subject to Rule 16b-3 | ||
John Zimmer over a year ago Transcat exotic insider transaction detected |
Transcat's Outstanding Corporate Bonds
Transcat issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Transcat uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Transcat bonds can be classified according to their maturity, which is the date when Transcat has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| TRANSCANADA PIPELINES LTD Corp BondUS893526DF78 | View | |
| TRANSCANADA PIPELINES LTD Corp BondUS893526DJ90 | View | |
| TRANSATLANTIC HLDGS INC Corp BondUS893521AB05 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| TRANSCONTINENTAL GAS PIPE Corp BondUS893574AB92 | View | |
| TRANSCONTINENTAL GAS PIPE Corp BondUS893574AH62 | View | |
| US893574AF07 Corp BondUS893574AF07 | View |
Understand Transcat's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Transcat's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.10) | |||
| Mean Deviation | 2.06 | |||
| Coefficient Of Variation | (1,485) | |||
| Standard Deviation | 3.16 | |||
| Variance | 10.01 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 21.03 | |||
| Value At Risk | (4.27) | |||
| Potential Upside | 3.69 | |||
| Skewness | (2.17) | |||
| Kurtosis | 10.82 |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.10) | |||
| Mean Deviation | 2.06 | |||
| Coefficient Of Variation | (1,485) | |||
| Standard Deviation | 3.16 | |||
| Variance | 10.01 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 21.03 | |||
| Value At Risk | (4.27) | |||
| Potential Upside | 3.69 | |||
| Skewness | (2.17) | |||
| Kurtosis | 10.82 |
Consider Transcat's intraday indicators
Transcat intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Transcat stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 0.0257 | |||
| Daily Balance Of Power | (0.21) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 105.68 | |||
| Day Typical Price | 105.46 | |||
| Market Facilitation Index | 2.75 | |||
| Price Action Indicator | (0.92) | |||
| Period Momentum Indicator | (0.58) | |||
| Relative Strength Index | 43.79 |
Transcat Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 6th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 29th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 19th of September 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Transcat Stock media impact
Far too much social signal, news, headlines, and media speculation about Transcat that are available to investors today. That information is available publicly through Transcat media outlets and privately through word of mouth or via Transcat internal channels. However, regardless of the origin, that massive amount of Transcat data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Transcat news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Transcat relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Transcat's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Transcat alpha.
Transcat Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Transcat can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Transcat Corporate Management
| James JD | Corporate Officer | Profile | |
| Scott Deverell | Principal Accounting Officer, Corporate Controller | Profile | |
| Mark Doheny | Chief Officer | Profile | |
| Thomas Barbato | Chief Officer | Profile | |
| Theresa Conroy | Senior Resources | Profile |
Additional Tools for Transcat Stock Analysis
When running Transcat's price analysis, check to measure Transcat's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Transcat is operating at the current time. Most of Transcat's value examination focuses on studying past and present price action to predict the probability of Transcat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transcat's price. Additionally, you may evaluate how the addition of Transcat to your portfolios can decrease your overall portfolio volatility.