Stocks · Industrials · Specialty Business Services
Transcat, Inc. TRNS
$90.39 +0.23% Close, Oct 2, 2026 · NASDAQ · Market cap $846.0M
Strong trend
Next earnings report: Nov 2, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $0.37, down 77.7% year over year.
- The shares trade at 244.3× trailing earnings, higher than 95% of the company's own readings over the past five years.
- Net debt is 3.5× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 23%
- EPS growth (TTM, YoY)Bottom 12%
- FCF growth (TTM, YoY)Top 36%
- Revenue growth, 3-year CAGRTop 24%
- Revenue growth accelerationBottom 48%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 31%
- Gross marginTop 39%
- Operating marginBottom 32%
- Cash conversion (OCF / net income)Top 7%
- Accruals (lower is better)Top 26%
- Net debt / EBITDA (lower is better)Bottom 26%
- Interest coverBottom 37%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 34%
- Free-cash-flow yieldBottom 48%
- EBITDA / enterprise valueBottom 32%
- Sales / enterprise valueBottom 38%
- P/E vs own 5-year history (lower is better)Bottom 6%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 40%
- 6-month returnTop 30%
- 1-year return vs S&P 500Top 34%
- Distance from 52-week highTop 14%
- Trend checklist (0–4)Top 10%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 18%
- Consecutive EPS beatsBottom 16%
- Share of analysts rating BuyTop 16%
- Upside to consensus price targetTop 43%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 42%
- Maximum drawdown, 3 yearsBottom 29%
- Beta vs S&P 500 (lower is better)Top 48%
- Net debt / EBITDA (lower is better)Bottom 26%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 19.0% | 20.2% | ↑ |
| EPS growth (YoY) | -57.2% | -77.7% | ↓ |
| Gross margin | 32.5% | 32.5% | ↓ |
| Operating margin | 7.4% | 3.0% | ↓ |
| FCF margin | 6.7% | 7.3% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 20.2% | 19.0% | ↑ | Top 23% |
| EPS growth (TTM, YoY) | -77.7% | -57.2% | ↓ | Bottom 12% |
| Gross margin | 32.5% | 32.5% | ↓ | Top 39% |
| Operating margin | 3.0% | 7.4% | ↓ | Bottom 32% |
| Net margin | 1.0% | 5.3% | ↓ | — |
| Free-cash-flow margin | 7.3% | 6.7% | ↑ | — |
| Return on invested capital | 1.4% | — | Bottom 31% | |
| Revenue growth, 3-year CAGR | 12.9% | — | Top 24% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -7.4%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 2.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -4.5 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 3.51×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.8×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.07%
- Shareholder yield
- 0.07%
- Share count change, 1 year
- +2.0%
- Share count change, 3-year CAGR
- +6.9%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 27, 2026 (filed Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 3 of 8
- Average EPS surprise, last 4
- -33.2%
- Average 2-day reaction, last 8
- +0.9%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $123.60
- Target vs current price
- +36.7%
- Analysts with a rating
- 10
- Share rating Buy or Strong Buy
- 80%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | -62.9% | +2.6% | +1.4% | -3.4% | — |
| May 26, 2026 | +9.8% | +4.7% | +20.6% | +22.5% | +25.7% |
| Feb 3, 2026 | -13.3% | +0.4% | +26.6% | +26.2% | +18.1% |
| Nov 3, 2025 | -66.5% | -2.8% | -23.8% | -24.5% | -19.5% |
| Aug 6, 2025 | +47.5% | +3.0% | +9.8% | +5.9% | -1.8% |
| May 19, 2025 | -3.0% | -0.1% | +12.4% | -0.8% | +5.7% |
| Jan 27, 2025 | +18.4% | -0.4% | -22.6% | -16.8% | -15.3% |
| Oct 28, 2024 | -23.9% | -0.2% | -20.3% | -9.0% | -16.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | $0.14 | $0.38 | -62.9% | $92.9M |
| May 26, 2026 | $0.56 | $0.51 | +9.8% | $89.3M |
| Feb 3, 2026 | $0.26 | $0.30 | -13.3% | $83.9M |
| Nov 3, 2025 | $0.14 | $0.42 | -66.5% | $82.3M |
| Aug 6, 2025 | $0.59 | $0.40 | +47.5% | $76.4M |
| May 19, 2025 | $0.64 | $0.66 | -3.0% | $77.1M |
| Jan 27, 2025 | $0.45 | $0.38 | +18.4% | $66.8M |
| Oct 28, 2024 | $0.35 | $0.46 | -23.9% | $67.8M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 244.3× | 55.5× | 95th | Bottom 34% |
| P/E (forward) | 47.7× | — | — | — |
| EV / EBITDA | 25.3× | — | — | Bottom 32% |
| EV / Sales | 2.82× | — | — | Bottom 38% |
| Free-cash-flow yield | 2.99% | — | — | Bottom 48% |
| Earnings yield | 0.41% | — | — | Bottom 34% |
P/E over the past five years
Range 39.6× – 248.3× since Jun 26, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +25.9%
- Earnings per share growth (TTM)
- -77.7%
- Change in P/E multiple
- +429.1%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 3
- Days above the 200-day average
- 93
- 50-day average slope (20 days)
- -1.5%
- 200-day average slope (20 days)
- +4.2%
- Distance from 50-day average
- +2.5%
- Distance from 200-day average
- +14.2%
- RSI (14)
- 56.8
- Relative volume
- 0.84×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 39.2%
- Volatility vs own 5-year history
- 30th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.04
- Correlation with S&P 500
- 0.29
- Current drawdown from 1-year high
- -7.5%
- Maximum drawdown, 3 years
- -63.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jul 22, 2024 | Dec 9, 2025 | -63.9% | 348 days | Not yet recovered |
| Nov 12, 2021 | Jul 14, 2022 | -47.9% | 166 days | 278 days (Aug 22, 2023) |
| Sep 15, 2023 | Nov 3, 2023 | -24.3% | 35 days | 116 days (Apr 23, 2024) |
| May 22, 2024 | Jun 26, 2024 | -17.1% | 23 days | 13 days (Jul 16, 2024) |
| Mar 25, 2021 | May 12, 2021 | -11.5% | 33 days | 5 days (May 19, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $846.0M
- P/E (TTM)
- 244.3
- EPS, diluted (TTM)
- $0.37
- Revenue (TTM)
- $348.4M
- 52-week range
- $50.23 – $100.00
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $205.0M | $230.6M | $259.5M | $278.4M | $331.9M |
| Gross profit | $58.4M | $68.4M | $83.8M | $89.5M | $108.3M |
| Operating income | $14.1M | $16.2M | $19.8M | $17.9M | $13.3M |
| Net income | $11.4M | $10.7M | $13.6M | $14.5M | $5.4M |
| EPS (diluted) | $1.50 | $1.40 | $1.63 | $1.57 | $0.57 |
| Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | Q1 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $67.8M | $67.8M | $77.1M | $77.1M | $82.3M | $83.9M | $89.3M | $92.9M |
| Net income | $3.3M | $3.3M | $4.5M | $4.5M | $1.3M | -$1.1M | $1.9M | $1.3M |
| EPS (diluted) | $0.35 | $0.35 | $0.48 | $0.48 | $0.14 | -$0.12 | $0.21 | $0.14 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $17.6M | $17.0M | $32.6M | $39.0M | $34.9M |
| Capital expenditure | -$10.2M | -$9.4M | -$13.3M | -$13.2M | -$15.3M |
| Free cash flow | $7.5M | $7.5M | $19.3M | $25.8M | $19.6M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$5.2M | $211,000 | $72.4M | -$1.7M | $373,000 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $6.7M
- Total assets
- $492.6M
- Total liabilities
- $189.7M
- Total debt
- $143.2M
- Net debt
- $136.5M
- Shareholders’ equity
- $302.9M
As of Jun 27, 2026 (filed Aug 4, 2026).
Short interest
- Shares sold short
- 479,873
- Days to cover
- 6.31
- Change vs previous report
- -2.1%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jul 23, 1997
- 2-for-1
- Aug 3, 1982
- 2-for-1
- Aug 4, 1981
- 2-for-1