Transcat (NASDAQ: TRNS) is one of 24 publicly-traded companies in the “Electronic Component” industry, but how does it compare to its peers? We will compare Transcat to similar businesses based on the strength of its valuation, analyst recommendations, risk, dividends, earnings, profitability and institutional ownership.
Valuation and Earnings
This table compares Transcat and its peers revenue, earnings per share (EPS) and valuation.
Transcat’s peers have higher revenue and earnings than Transcat. Transcat is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
This table compares Transcat and its peers’ net margins, return on equity and return on assets.
||Return on Equity
||Return on Assets
This is a breakdown of current ratings for Transcat and its peers, as reported by MarketBeat.
||Strong Buy Ratings
Transcat currently has a consensus target price of $20.00, suggesting a potential upside of 26.98%. As a group, “Electronic Component” companies have a potential upside of 0.19%. Given Transcat’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Transcat is more favorable than its peers.
Volatility & Risk
Transcat has a beta of 0.4, meaning that its stock price is 60% less volatile than the S&P 500. Comparatively, Transcat’s peers have a beta of 1.01, meaning that their average stock price is 1% more volatile than the S&P 500.
Insider and Institutional Ownership
57.1% of Transcat shares are held by institutional investors. Comparatively, 56.4% of shares of all “Electronic Component” companies are held by institutional investors. 8.8% of Transcat shares are held by company insiders. Comparatively, 9.0% of shares of all “Electronic Component” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Transcat beats its peers on 7 of the 13 factors compared.
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.