Transcat (TRNS) versus The Competition Head to Head Review

Transcat (NASDAQ: TRNS) is one of 24 publicly-traded companies in the “Electronic Component” industry, but how does it weigh in compared to its peers? We will compare Transcat to similar businesses based on the strength of its risk, valuation, institutional ownership, profitability, earnings, dividends and analyst recommendations.

Insider & Institutional Ownership

52.9% of Transcat shares are owned by institutional investors. Comparatively, 56.7% of shares of all “Electronic Component” companies are owned by institutional investors. 8.8% of Transcat shares are owned by insiders. Comparatively, 9.0% of shares of all “Electronic Component” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Profitability

This table compares Transcat and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Transcat 3.24% 10.03% 4.94%
Transcat Competitors -2.80% -0.15% 2.04%

Risk & 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 peers have a beta of 1.01, indicating that their average stock price is 1% more volatile than the S&P 500.

Earnings & Valuation

This table compares Transcat and its peers gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Transcat $143.90 million $4.52 million 22.65
Transcat Competitors $1.24 billion $133.94 million 100.25

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.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Transcat and its peers, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Transcat 0 0 3 0 3.00
Transcat Competitors 41 264 526 13 2.61

Transcat currently has a consensus target price of $20.00, suggesting a potential upside of 28.87%. As a group, “Electronic Component” companies have a potential upside of 1.40%. Given Transcat’s stronger consensus rating and higher possible upside, research analysts plainly believe Transcat is more favorable than its peers.

Summary

Transcat peers beat Transcat on 7 of the 13 factors compared.

About Transcat

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.

Leave a Reply