NasdaqGM:TRNSTrade Distributors
Transcat (TRNS): Net Profit Margin Slides to 3.8%, Undercutting Bullish Growth Narratives
Transcat (TRNS) reported earnings per share that have grown at an annual rate of 11.8% over the past five years, with profits expected to accelerate further by 22.7% per year over the next three years. Revenue growth is forecast at 7.8% per year, slower than the broader US market's 10.5% pace. The current net profit margin sits at 3.8%, down from 6.6% last year. Shares trade at $62.35, which is well above an estimated fair value of $28.49. The price-to-earnings ratio stands at 51.2x, far...