New Risk • May 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin). Reported Earnings • May 27
Full year 2026 earnings released: EPS: US$0.58 (vs US$1.58 in FY 2025) Full year 2026 results: EPS: US$0.58 (down from US$1.58 in FY 2025). Revenue: US$331.9m (up 19% from FY 2025). Net income: US$5.38m (down 63% from FY 2025). Profit margin: 1.6% (down from 5.2% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 6% per year. Annonce • May 19
Transcat, Inc. to Report Q4, 2026 Results on May 26, 2026 Transcat, Inc. announced that they will report Q4, 2026 results After-Market on May 26, 2026 Buy Or Sell Opportunity • Mar 10
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 40% to €62.00. The fair value is estimated to be €48.91, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 27% per annum over the same time period. New Risk • Mar 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Annonce • Feb 24
Transcat CEO Lee D. Rudow to Retire Effective March 28, 2026 Lee D. Rudow, the longtime Chief Executive Officer of Transcat, Inc., will retire as CEO effective March 28, 2026. Lee D. Rudow has more than 33 years of experience working with startups, private equity-funded and large industrial companies, serving in sales, sales management, and executive leadership positions. Mr. Rudow is currently Chief Executive Officer of Nasdaq-listed Transcat, Inc., a leading provider of mission critical, accredited calibration services and equipment, for over 14 years, delivering unprecedented growth and transformative acquisitions during his tenure highlighted by 67 consecutive quarters of YOY service revenue growth. Previously, Mr. Rudow served as Vice President in various capacities for SIMCO Electronics, Inc., an independent provider of global calibration, repair, and software solutions. Prior to that he was President and Chief Executive Officer of Davis Calibration, Inc., served as President and Chief Executive Officer of its related business and predecessor, Davis Inotek Corp., and served as President of Davis Instruments Corp. Buy Or Sell Opportunity • Feb 05
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to €60.00. The fair value is estimated to be €48.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 27% per annum over the same time period. Reported Earnings • Feb 04
Third quarter 2026 earnings released: US$0.12 loss per share (vs US$0.26 profit in 3Q 2025) Third quarter 2026 results: US$0.12 loss per share (down from US$0.26 profit in 3Q 2025). Revenue: US$83.9m (up 26% from 3Q 2025). Net loss: US$1.10m (down 147% from profit in 3Q 2025). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Annonce • Jan 20
Transcat, Inc. to Report Q3, 2026 Results on Feb 03, 2026 Transcat, Inc. announced that they will report Q3, 2026 results After-Market on Feb 03, 2026 Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €56.50, the stock trades at a forward P/E ratio of 67x. Average forward P/E is 16x in the Trade Distributors industry in Europe. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €29.22 per share. New Risk • Jan 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (3.8% net profit margin). Reported Earnings • Nov 04
Second quarter 2026 earnings released: EPS: US$0.14 (vs US$0.36 in 2Q 2025) Second quarter 2026 results: EPS: US$0.14 (down from US$0.36 in 2Q 2025). Revenue: US$82.3m (up 21% from 2Q 2025). Net income: US$1.27m (down 61% from 2Q 2025). Profit margin: 1.5% (down from 4.8% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Annonce • Nov 04
Transcat, Inc. Provides Earnings Guidance for the Second Half of Fiscal Year 2026 Transcat, Inc. provided earnings guidance for the second half of fiscal year 2026. for the period, the company expects a return to high single-digit service organic revenue growth, barring any increased economic uncertainty. Annonce • Oct 21
Transcat, Inc. to Report Q2, 2026 Results on Nov 03, 2025 Transcat, Inc. announced that they will report Q2, 2026 results After-Market on Nov 03, 2025 Annonce • Sep 12
Transcat, Inc. Appoints Kristina Johnston as Principal Accounting Officer, Effective September 10, 2025 As previously reported, on April 1, 2025, Scott D. Deverell notified Transcat, Inc. (the Company") of his intention to retire from his position as the Company's corporate controller and principal accounting officer. Effective as of September 10, 2025, Kristina Johnston was appointed as the Company's principal accounting officer. Ms. Johnston, age 48, has served as the Company's controller since June 2025 during the transition of Mr. Deverell's duties. Ms. Johnston served as Chief Financial Officer of Vintage Wine Estates, Inc., from March 2022 to December 2025 where she focused on public company reporting requirements, finance processes, budgeting and forecasting. Prior to that, Ms. Johnston served as Vice President, Finance Lead at Constellation Brands, Inc. from 2018 to 2022, and various accounting and finance leadership roles over the course of 17 years. Reported Earnings • Aug 07
First quarter 2026 earnings released: EPS: US$0.35 (vs US$0.49 in 1Q 2025) First quarter 2026 results: EPS: US$0.35 (down from US$0.49 in 1Q 2025). Revenue: US$76.4m (up 15% from 1Q 2025). Net income: US$3.26m (down 26% from 1Q 2025). Profit margin: 4.3% (down from 6.6% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annonce • Aug 06
Transcat, Inc. (NasdaqGM:TRNS) acquired Walsh Engineering Services, Inc. for $84 million. Transcat, Inc. (NasdaqGM:TRNS) acquired Walsh Engineering Services, Inc. for $84 million on August 5, 2025. As cash consideration of $84 million is subject to certain customary adjustments and holdback provisions. The transaction was supported by Transcat’s recently announced new $150 million syndicated credit facility jointly led by M&T Bank and Wells Fargo Bank. Following the transaction, 113 Essco Calibration's employees would join Transcat team.
Transcat, Inc. (NasdaqGM:TRNS) completed the acquisition of Walsh Engineering Services, Inc. on August 5, 2025. Annonce • Jul 26
Transcat, Inc., Annual General Meeting, Sep 10, 2025 Transcat, Inc., Annual General Meeting, Sep 10, 2025. Annonce • Jul 23
Transcat, Inc. to Report Q1, 2026 Results on Aug 06, 2025 Transcat, Inc. announced that they will report Q1, 2026 results After-Market on Aug 06, 2025 Reported Earnings • May 20
Full year 2025 earnings released: EPS: US$1.58 (vs US$1.66 in FY 2024) Full year 2025 results: EPS: US$1.58. Revenue: US$278.4m (up 7.3% from FY 2024). Net income: US$14.5m (up 6.4% from FY 2024). Profit margin: 5.2% (down from 5.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Trade Distributors industry in Europe. Annonce • May 07
Transcat, Inc. to Report Q4, 2025 Results on May 19, 2025 Transcat, Inc. announced that they will report Q4, 2025 results After-Market on May 19, 2025 Annonce • Apr 09
Transcat, Inc. Announces Retirement of Scott D. Deverell as Corporate Controller and Principal Accounting Officer On April 1, 2025, Scott D. Deverell notified Transcat, Inc. of his intention to retire from his position as Corporate Controller and Principal Accounting Officer of the Company. Mr. Deverell intends to remain with the Company at least through October 1, 2025 to facilitate an orderly transition. Buy Or Sell Opportunity • Apr 07
Now 22% overvalued Over the last 90 days, the stock has fallen 34% to €66.50. The fair value is estimated to be €54.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 9.2%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €64.50, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 17x in the Trade Distributors industry in Europe. Total loss to shareholders of 34% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €56.41 per share. Buy Or Sell Opportunity • Mar 08
Now 20% overvalued Over the last 90 days, the stock has fallen 29% to €68.50. The fair value is estimated to be €56.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 9.2%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings are also forecast to grow by 8.8% per annum over the same time period. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to €72.00, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 16x in the Trade Distributors industry in Europe. Total loss to shareholders of 29% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €34.02 per share. Reported Earnings • Jan 28
Third quarter 2025 earnings released: EPS: US$0.26 (vs US$0.39 in 3Q 2024) Third quarter 2025 results: EPS: US$0.26 (down from US$0.39 in 3Q 2024). Revenue: US$66.8m (up 2.4% from 3Q 2024). Net income: US$2.36m (down 30% from 3Q 2024). Profit margin: 3.5% (down from 5.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Trade Distributors industry in Europe. Annonce • Jan 28
Transcat, Inc. Provides earnings Guidance for the Fiscal Year 2025 Transcat, Inc. provided earnings guidance for the fiscal year 2025. for the year, the company expected Service organic revenue growth in the mid-to-low single digits, when normalized for the extra week in fiscal 2024. Annonce • Jan 14
Transcat, Inc. to Report Q3, 2025 Results on Jan 27, 2025 Transcat, Inc. announced that they will report Q3, 2025 results After-Market on Jan 27, 2025 Annonce • Dec 11
Transcat, Inc. (NasdaqGM:TRNS) acquired Martin Calibration Inc from Richard L. Brion for $78.93 million. Transcat, Inc. (NasdaqGM:TRNS) acquired Martin Calibration Inc. from Richard L. Brion for $78.93 million on December 10, 2024. A cash consideration of $69 million will be paid by Transcat, Inc. The consideration consists of 0.1 million common equity of Transcat, Inc. to be issued for common equity of Martin Calibration Inc. As part of consideration, $69 million is paid towards common equity of Martin Calibration Inc. The expected completion of the transaction is January 24, 2025.
Transcat, Inc. (NasdaqGM:TRNS) completed the acquisition of Martin Calibration Inc. on December 10, 2024. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to €90.50, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 17x in the Trade Distributors industry in Europe. Total returns to shareholders of 7.7% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €61.60 per share. Reported Earnings • Oct 30
Second quarter 2025 earnings released: EPS: US$0.36 (vs US$0.059 in 2Q 2024) Second quarter 2025 results: EPS: US$0.36 (up from US$0.059 in 2Q 2024). Revenue: US$67.8m (up 8.0% from 2Q 2024). Net income: US$3.29m (up US$2.83m from 2Q 2024). Profit margin: 4.8% (up from 0.7% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe. Annonce • Oct 15
Transcat, Inc. to Report Q2, 2025 Results on Oct 28, 2024 Transcat, Inc. announced that they will report Q2, 2025 results After-Market on Oct 28, 2024 Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to €94.00, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 16x in the Trade Distributors industry in Europe. Total returns to shareholders of 15% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €59.76 per share. New Risk • Jul 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Significant insider selling over the past 3 months (€2.9m sold). Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: US$0.49 (vs US$0.39 in 1Q 2024) First quarter 2025 results: EPS: US$0.49 (up from US$0.39 in 1Q 2024). Revenue: US$66.7m (up 10% from 1Q 2024). Net income: US$4.41m (up 50% from 1Q 2024). Profit margin: 6.6% (up from 4.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Trade Distributors industry in Europe. Annonce • Jul 16
Transcat, Inc. to Report Q1, 2025 Results on Jul 29, 2024 Transcat, Inc. announced that they will report Q1, 2025 results After-Market on Jul 29, 2024 Annonce • Jul 15
Transcat, Inc., Annual General Meeting, Sep 11, 2024 Transcat, Inc., Annual General Meeting, Sep 11, 2024. Recent Insider Transactions • Jun 16
Independent Director recently sold €163k worth of stock On the 12th of June, Charles Hadeed sold around 1k shares on-market at roughly €120 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.5m. Insiders have been net sellers, collectively disposing of €6.5m more than they bought in the last 12 months. Recent Insider Transactions • May 24
President recently sold €382k worth of stock On the 20th of May, Lee Rudow sold around 3k shares on-market at roughly €114 per share. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Lee has been a net seller over the last 12 months, reducing personal holdings by €3.3m. Reported Earnings • May 22
Full year 2024 earnings released: EPS: US$1.66 (vs US$1.42 in FY 2023) Full year 2024 results: EPS: US$1.66 (up from US$1.42 in FY 2023). Revenue: US$259.5m (up 13% from FY 2023). Net income: US$13.6m (up 28% from FY 2023). Profit margin: 5.3% (up from 4.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Trade Distributors industry in Europe. Annonce • May 10
Transcat, Inc. to Report Q4, 2024 Results on May 20, 2024 Transcat, Inc. announced that they will report Q4, 2024 results After-Market on May 20, 2024 Annonce • Apr 17
Transcat, Inc. (NasdaqGM:TRNS) acquired Becnel Rental Tools, LLC for $50 million. Transcat, Inc. (NasdaqGM:TRNS) acquired Becnel Rental Tools, LLC for $50 million on April 15, 2024. The consideration $50 million combination of $32.5 million in Company stock and $17.5 million in cash and is subject to certain customary holdback provisions. Woodbridge International LLC acted as financial advisor to Becnel Rental Tools, LLC.
Transcat, Inc. (NasdaqGM:TRNS) completed the acquisition of Becnel Rental Tools, LLC for $50 million on April 15, 2024. Annonce • Apr 10
Transcat, Inc. Announces Management Changes Transcat, Inc. announced that Mark Doheny will step down as Chief Operating Officer of the company effective immediately. Mr. Doheny will be retained as a consultant to assist with a transition through October 2024. The company also announced the promotion and appointment of Mike West, current Senior Vice President of Operations, to replace Mr. Doheny. Recent Insider Transactions • Feb 06
President recently sold €1.0m worth of stock On the 2nd of February, Lee Rudow sold around 10k shares on-market at roughly €104 per share. This transaction amounted to 8.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Lee has been a net seller over the last 12 months, reducing personal holdings by €2.9m. New Risk • Feb 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (17% increase in shares outstanding). Significant insider selling over the past 3 months (€1.1m sold). Annonce • Jan 31
Transcat, Inc. Announces Board Changes On January 24, 2024, Paul D. Moore notified Transcat, Inc. (the “Company”) and its board of directors (the “Board”) of his decision to retire and resign from the Board, as a member of the audit committee, and as a member of the corporate governance and nominating committee, effective immediately. Mr. Moore’s resignation is not due to any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. Also on January 24, 2024, the Board appointed Robert Mecca to the Board, effective immediately. Mr. Mecca will serve on the Board for a term expiring at the Company’s 2025 annual meeting of shareholders. Mr. Mecca will serve on the Company’s audit committee. Reported Earnings • Jan 30
Third quarter 2024 earnings released: EPS: US$0.39 (vs US$0.21 in 3Q 2023) Third quarter 2024 results: EPS: US$0.39 (up from US$0.21 in 3Q 2023). Revenue: US$65.2m (up 14% from 3Q 2023). Net income: US$3.35m (up 109% from 3Q 2023). Profit margin: 5.1% (up from 2.8% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Trade Distributors industry in Europe. Annonce • Jan 30
Transcat, Inc. Provides Earnings Guidance for the Fiscal Year 2024 Transcat, Inc. provided earnings guidance for the fiscal year 2024. For the fiscal year, company expected organic Service revenue growth in the high-single digit to low double-digit range. Annonce • Jan 16
Transcat, Inc. to Report Q3, 2024 Results on Jan 29, 2024 Transcat, Inc. announced that they will report Q3, 2024 results After-Market on Jan 29, 2024 Recent Insider Transactions • Nov 14
Chief Legal Officer recently sold €98k worth of stock On the 8th of November, James Jenkins sold around 1k shares on-market at roughly €84.98 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €617k. Insiders have been net sellers, collectively disposing of €2.3m more than they bought in the last 12 months. Board Change • Nov 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Dawn DePerrior was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Nov 01
Transcat, Inc. Appoints Dawn DePerrior to the Board On October 26, 2023, the board of directors of Transcat, Inc. increased the size of the Board to ten directors and appointed Dawn DePerrior to the Board, effective immediately. Ms. DePerrior will serve on the Board for a term expiring at the Company’s 2025 annual meeting of shareholders. Ms. DePerrior was most recently a Managing Director, Advisory Services, for Ernst & Young LLP’s healthcare technology consulting practice, having served in that role from January 2020 until her retirement in June 2022. During her 40-year career, Ms. DePerrior has led all aspects of information technology including business transformation, cyber security, digitization, data, analytics, innovation, mergers and acquisition integration, finance and strategy. Prior to Ernst & Young LLP, Ms. DePerrior led business information technology transformation teams at Constellation Brands, Inc. from 2014 to 2019 and the University of Rochester Medical Center from 2008 to 2014. Ms. DePerrior also serves as a director of Evans Bancorp, North Coast Holdings and the Greater Rochester Regional Health Information Organization. Ms. DePerrior was previously the board chair for the Villa of Hope, a Rochester based family services organization, and currently serves on its executive committee. Annonce • Oct 31
Transcat, Inc. Provides Financial Guidance for the Fiscal Year 2024 Transcat, Inc. provided financial guidance for the fiscal year 2024. The company expects organic Service revenue growth in the high-single digit to low double-digit range for the fiscal 2024 year. Annonce • Oct 17
Transcat, Inc. to Report Q2, 2024 Results on Oct 30, 2023 Transcat, Inc. announced that they will report Q2, 2024 results After-Market on Oct 30, 2023 Annonce • Sep 23
Transcat, Inc. has completed a Follow-on Equity Offering in the amount of $70.000275 million. Transcat, Inc. has completed a Follow-on Equity Offering in the amount of $70.000275 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 736,845
Price\Range: $95
Discount Per Security: $5.7 Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €88.50, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 14x in the Trade Distributors industry in Europe. Total returns to shareholders of 28% over the past year. Recent Insider Transactions • Aug 18
President recently sold €242k worth of stock On the 16th of August, Lee Rudow sold around 3k shares on-market at roughly €86.78 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €282k. This was Lee's only on-market trade for the last 12 months. Annonce • Aug 09
Transcat, Inc. (NasdaqGM:TRNS) acquired Axiom Test Equipment, Inc. for $38 million. Transcat, Inc. (NasdaqGM:TRNS) acquired Axiom Test Equipment, Inc. for $38 million on August 8, 2023. The consideration was paid for in combination of the Company’s common stock, par value $0.50 per share, with a value up to $28 million, or up to 315,403 shares of Common Stock, of which 43,583 Shares are subject to certain customary holdback provisions and $10 million in cash. The existing staff and leadership team, led by current Axiom President Josh Shilts, will remain in place, and will continue to service customer needs.Transcat, Inc. (NasdaqGM:TRNS) completed the acquisition of Axiom Test Equipment, Inc. on August 8, 2023. Reported Earnings • Aug 02
First quarter 2024 earnings released: EPS: US$0.39 (vs US$0.41 in 1Q 2023) First quarter 2024 results: EPS: US$0.39 (down from US$0.41 in 1Q 2023). Revenue: US$60.6m (up 11% from 1Q 2023). Net income: US$2.95m (down 4.0% from 1Q 2023). Profit margin: 4.9% (down from 5.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Trade Distributors industry in Europe. Annonce • Jul 23
Transcat, Inc., Annual General Meeting, Sep 06, 2023 Transcat, Inc., Annual General Meeting, Sep 06, 2023, at 12:00 US Eastern Standard Time. Agenda: To consider election of three director nominees; to approve, on an advisory basis, the compensation of company's named executive officers; to ratify the selection of Freed Maxick CPAs, P.C. as company's independent registered public accounting firm for the fiscal year ending March 23, 2024; to transact such other business as may properly come before the meeting or any adjournment or postponement thereof; and to consider other matters. Annonce • Jul 18
Transcat, Inc. to Report Q1, 2024 Results on Jul 31, 2023 Transcat, Inc. announced that they will report Q1, 2024 results After-Market on Jul 31, 2023 Recent Insider Transactions • May 28
Independent Director recently sold €282k worth of stock On the 26th of May, Richard Harrison sold around 4k shares on-market at roughly €80.45 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €958k more than they bought in the last 12 months. Reported Earnings • May 23
Full year 2023 earnings released: EPS: US$1.42 (vs US$1.52 in FY 2022) Full year 2023 results: EPS: US$1.42 (down from US$1.52 in FY 2022). Revenue: US$230.6m (up 13% from FY 2022). Net income: US$10.7m (down 6.1% from FY 2022). Profit margin: 4.6% (down from 5.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Trade Distributors industry in Europe. Annonce • May 10
Transcat, Inc. to Report Q4, 2023 Results on May 22, 2023 Transcat, Inc. announced that they will report Q4, 2023 results After-Market on May 22, 2023 Recent Insider Transactions • Feb 24
Insider recently sold €85k worth of stock On the 21st of February, Scott Deverell sold around 1k shares on-market at roughly €84.67 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €407k. Insiders have been net sellers, collectively disposing of €1.9m more than they bought in the last 12 months. Recent Insider Transactions • Feb 09
Independent Director recently sold €407k worth of stock On the 8th of February, Charles Hadeed sold around 5k shares on-market at roughly €81.37 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.6m more than they bought in the last 12 months. Reported Earnings • Jan 31
Third quarter 2023 earnings released: EPS: US$0.21 (vs US$0.22 in 3Q 2022) Third quarter 2023 results: EPS: US$0.21 (down from US$0.22 in 3Q 2022). Revenue: US$57.4m (up 13% from 3Q 2022). Net income: US$1.60m (down 1.7% from 3Q 2022). Profit margin: 2.8% (down from 3.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Trade Distributors industry in Europe. Annonce • Jan 19
Transcat, Inc. to Report Q3, 2023 Results on Jan 30, 2023 Transcat, Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Jan 30, 2023 Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €62.00, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 12x in the Trade Distributors industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €47.35 per share. Recent Insider Transactions • Nov 05
Independent Director recently sold €185k worth of stock On the 3rd of November, Richard Harrison sold around 3k shares on-market at roughly €73.74 per share. This transaction amounted to 9.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.4m more than they bought in the last 12 months. Reported Earnings • Nov 01
Second quarter 2023 earnings released: EPS: US$0.31 (vs US$0.40 in 2Q 2022) Second quarter 2023 results: EPS: US$0.31 (down from US$0.40 in 2Q 2022). Revenue: US$56.4m (up 12% from 2Q 2022). Net income: US$2.36m (down 22% from 2Q 2022). Profit margin: 4.2% (down from 6.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Trade Distributors industry in Europe. Annonce • Oct 19
Transcat, Inc. to Report Q2, 2023 Results on Oct 31, 2022 Transcat, Inc. announced that they will report Q2, 2023 results After-Market on Oct 31, 2022 Annonce • Sep 09
Transcat, Inc. Elects Cynthia Langston as Directors At the annual meeting of shareholders of Transcat, Inc. held on September 7, 2022, the Company’s shareholders elected Cynthia Langston as directors, each to serve for a three-year term expiring in 2025.