Transcat Inc (NASDAQ: TRNS) has reported E.P.S. of $0.78 for its fourth fiscal quarter (ending March 31) versus $0.48 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $1.66 compared to $1.42 a year ago.
Recent Price Action
Transcat Inc (NASDAQ: TRNS) stock closed at $124.12 on 5/20/24 after a modest gain of 0.8%. Moreover, this advance was accompanied by unusually high trading volume at 156% of normal. Relative to the market the stock has been strong over the last nine months and has risen 6.1% 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 C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Transcat has a very low Appreciation Score of 10 but a good Power Rating of 77, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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