NASDAQ · TRNS

Transcat, Inc.

Industrials · Specialty Business Services

$89.91▲ 1.18% ($1.05)today

As of 3:06 PM ET

52-week

$50.23$100.00

Market cap

$841.54M

P/E

247.16

EPS (TTM)

$0.36

Next earnings

Valuation

Revenue & margin DCF

The price needs 28.6% revenue growth a year for 10 years. Our scenarios assume 7.0–12.2%.

That's 2.2× its past 4-year pace.

Value per share

Base case

$17.36

Price used $89.91 is 5.2× this

USD · TTM ending Jun 27, 2026 · Price Oct 29, 7:06 PM UTC

Revenue each value needs

Revenue in 2036

today $348M

Price needs$4.3B

Recent pace$1.2B

Base$883M

+$3.4Bmore than the Base case · 4.9×

Value per share · Base case

$17.36

Price $89.91
5.2× this

10-yr revenue CAGR: 9.7%
Ending operating margin: 3.0%
Discount rate: 7.3%

USD · TTM ending Jun 27, 2026 · Price Oct 29, 7:06 PM UTC

What each scenario assumes. Click a column to start from it.

Choosing a scenario changes the estimate above. Your own case is kept.

Price vs Fundamentals

Why The Stock Is Moving

Fundamentals are supporting the moveModerate confidence

1Y Price: 21.31%Revenue (TTM): 20.17%FCF (TTM): 29.51%P/FCF: 42nd pct

What changed

The stock rose 21.31% over the last year. Revenue grew 20.17% over the trailing twelve months. Operating margin moved from 7.36% to 3.02%. Free cash flow grew 29.51% over the trailing twelve months.

What the market seems to be pricing

The stock move broadly lines up with stronger business momentum, and the shares are still only around the 42nd percentile of their historical P/FCF range.

What would invalidate this read

Operating margin is at 3.02%. Revenue grew 20.17% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.

Return analysis

Company profile

Transcat, Inc. is a provider of accredited calibration and laboratory instrument services, and a value-added distributor of professional grade test, measurement, and control instrumentation.

CEOJaime A. Irick

SectorIndustrials

IndustrySpecialty Business Services

Employees1,413

IPO dateDec 5, 1977

https://www.transcat.com

Market multiples

Forward P/E—

EV/EBITDA (FY2026 year-end)20.37

Enterprise value (FY2026 year-end)$789.64M

Stock splits

Jul 23, 1997↑ Forward

Every 1 shares became 2

+100%

Aug 3, 1982↑ Forward

Every 1 shares became 2

+100%

Aug 4, 1981↑ Forward

Every 1 shares became 2

+100%

Profitability & growth

Revenue growth (Q1 FY27 YoY)20.5%

Gross margin (FY2026)32.63%▲0.5ppvs FY2025

Operating margin (FY2026)4%▼2.4ppvs FY2025

ROE (TTM to Jun 2026)1.16%▼0.7ppvs FY2026

Analyst consensus

RatingBuy

Target price$123.60▲37.47%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Actuals vs estimates by quarter, or any quarter against the same one a year earlier.

Next report

Nov 3, 2026

Q2 FY27 · EPS est $0.45 · Revenue est $92.5M

Same quarter, year over year

FY27 YTD -76.3%

Each cell vs the same quarter a year earlier (the cell below) · Q1 combined $0.14 vs $0.59 · 0 of 1 quarters up

FY total

FY27

—

FY26

$1.55-19.3%

FY25

$1.92—

FY24

—

Fiscal year totals

FY26: $1.55; -19.3%
FY25: $1.92; —

SlowerFaster growth(darkest from 31%)

BeatMissIn lineYear-ago cell

Q1 FY27

Reported Aug 4, 2026 · Latest

HoverTap a cell to inspect

Actual

$0.14

Miss by 62.9%

Estimate

$0.38

Street consensus

Year over year

-76.3%

vs Q1 FY26 · $0.59

Vs prior quarter

-75.0%

vs Q4 FY26 · $0.56

Price range $67.86-$93.24 · daily closes Mar 30-Jun 26

Implied at 81.7x street P/E $89.91 · street TTM EPS × current multiple

Institutional Sentiment

Transcat, Inc. · TRNS

From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.

NASDAQ · TRNS

Transcat, Inc.

Industrials · Specialty Business Services

$89.91▲ 1.18% ($1.05)today

As of 3:06 PM ET

52-week

$50.23$100.00

Market cap

$841.54M

P/E

247.16

EPS (TTM)

$0.36

Next earnings

Valuation

Revenue & margin DCF

The price needs 28.6% revenue growth a year for 10 years. Our scenarios assume 7.0–12.2%.

That's 2.2× its past 4-year pace.

Value per share

Base case

$17.36

Price used $89.91 is 5.2× this

USD · TTM ending Jun 27, 2026 · Price Oct 29, 7:06 PM UTC

Revenue each value needs

Revenue in 2036

today $348M

Price needs$4.3B

Recent pace$1.2B

Base$883M

+$3.4Bmore than the Base case · 4.9×

Value per share · Base case

$17.36

Price $89.91
5.2× this

10-yr revenue CAGR: 9.7%
Ending operating margin: 3.0%
Discount rate: 7.3%

USD · TTM ending Jun 27, 2026 · Price Oct 29, 7:06 PM UTC

What each scenario assumes. Click a column to start from it.

Choosing a scenario changes the estimate above. Your own case is kept.

Price vs Fundamentals

Why The Stock Is Moving

Fundamentals are supporting the moveModerate confidence

1Y Price: 21.31%Revenue (TTM): 20.17%FCF (TTM): 29.51%P/FCF: 42nd pct

What changed

The stock rose 21.31% over the last year. Revenue grew 20.17% over the trailing twelve months. Operating margin moved from 7.36% to 3.02%. Free cash flow grew 29.51% over the trailing twelve months.

What the market seems to be pricing

The stock move broadly lines up with stronger business momentum, and the shares are still only around the 42nd percentile of their historical P/FCF range.

What would invalidate this read

Return analysis

Company profile

Transcat, Inc. is a provider of accredited calibration and laboratory instrument services, and a value-added distributor of professional grade test, measurement, and control instrumentation.

CEOJaime A. Irick

SectorIndustrials

IndustrySpecialty Business Services

Employees1,413

IPO dateDec 5, 1977

https://www.transcat.com

Market multiples

Forward P/E—

EV/EBITDA (FY2026 year-end)20.37

Enterprise value (FY2026 year-end)$789.64M

Stock splits

Jul 23, 1997↑ Forward

Every 1 shares became 2

+100%

Aug 3, 1982↑ Forward

Every 1 shares became 2

+100%

Aug 4, 1981↑ Forward

Every 1 shares became 2

+100%

Profitability & growth

Revenue growth (Q1 FY27 YoY)20.5%

Gross margin (FY2026)32.63%▲0.5ppvs FY2025

Operating margin (FY2026)4%▼2.4ppvs FY2025

ROE (TTM to Jun 2026)1.16%▼0.7ppvs FY2026

Analyst consensus

RatingBuy

Target price$123.60▲37.47%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Actuals vs estimates by quarter, or any quarter against the same one a year earlier.

Next report

Nov 3, 2026

Q2 FY27 · EPS est $0.45 · Revenue est $92.5M

Same quarter, year over year

FY27 YTD -76.3%

Each cell vs the same quarter a year earlier (the cell below) · Q1 combined $0.14 vs $0.59 · 0 of 1 quarters up

FY total

FY27

—

FY26

$1.55-19.3%

FY25

$1.92—

FY24

—

Fiscal year totals

FY26: $1.55; -19.3%
FY25: $1.92; —

SlowerFaster growth(darkest from 31%)

BeatMissIn lineYear-ago cell

Q1 FY27

Reported Aug 4, 2026 · Latest

HoverTap a cell to inspect

Actual

$0.14

Miss by 62.9%

Estimate

$0.38

Street consensus

Year over year

-76.3%

vs Q1 FY26 · $0.59

Vs prior quarter

-75.0%

vs Q4 FY26 · $0.56

Price range $67.86-$93.24 · daily closes Mar 30-Jun 26

Implied at 81.7x street P/E $89.91 · street TTM EPS × current multiple

Institutional Sentiment

Transcat, Inc. · TRNS

From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.