For its second fiscal quarter (ending September 30), Transcat Inc (NASDAQ: TRNS) has reported a 500% increase in E.P.S. from $0.06 a year ago to $0.36 in the current quarter. E.P.S. were $2.01 for the latest four quarters through September 30 versus $1.13 for the same period a year ago — an increase of 78%.
Recent Price Action
On 10/28/24, Transcat Inc (NASDAQ: TRNS) stock declined slightly by -0.2%, closing at $119.51. Moreover, this decline was accompanied by above average trading volume at 141% of normal. Relative to the market the stock has been strong over the last nine months but has declined -9.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, TRNS is expected to continue to be an important Value Builder.
Transcat has a current Value Trend Rating of D (Negative). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Transcat has a poor Appreciation Score of 17 but a slightly positive Power Rating of 60, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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