Transcat (NASDAQ: TRNS) is one of 24 public companies in the “Electronic Component” industry, but how does it compare to its rivals? We will compare Transcat to similar companies based on the strength of its earnings, institutional ownership, risk, valuation, profitability, analyst recommendations and dividends.
Risk and Volatility
Transcat has a beta of 0.4, indicating that its stock price is 60% less volatile than the S&P 500. Comparatively, Transcat’s rivals have a beta of 1.01, indicating that their average stock price is 1% more volatile than the S&P 500.
This table compares Transcat and its rivals’ net margins, return on equity and return on assets.
||Return on Equity
||Return on Assets
Valuation and Earnings
This table compares Transcat and its rivals gross revenue, earnings per share (EPS) and valuation.
Transcat’s rivals have higher revenue and earnings than Transcat. Transcat is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Institutional & Insider Ownership
57.1% of Transcat shares are owned by institutional investors. Comparatively, 56.4% of shares of all “Electronic Component” companies are owned by institutional investors. 8.8% of Transcat shares are owned by company insiders. Comparatively, 9.0% of shares of all “Electronic Component” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
This is a breakdown of recent ratings for Transcat and its rivals, as provided by MarketBeat.com.
||Strong Buy Ratings
Transcat presently has a consensus price target of $20.00, indicating a potential upside of 26.98%. As a group, “Electronic Component” companies have a potential upside of 0.77%. Given Transcat’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Transcat is more favorable than its rivals.
Transcat beats its rivals on 7 of the 13 factors compared.
Transcat Company Profile
Transcat, Inc. is a provider of calibration and laboratory instrument services and a distributor of professional grade test, measurement and control instrumentation. The Company conducts its business through two segments: service (Service) and distribution (Distribution). Through the Service segment, the Company offers calibration, repair, inspection, analytical qualifications, preventative maintenance and other related services, a majority of which are processed through its asset management system, CalTrak (CalTrak). Through its Distribution segment, the Company markets, sells and rents national brand instruments to customers around the globe. The Company is focused on providing its services and products to the life science industries, which include pharmaceutical, biotechnology, medical device manufacturing and other Food and Drug Administration (FDA)-regulated businesses.
Receive News & Ratings for Transcat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transcat and related companies with MarketBeat.com's FREE daily email newsletter.