Transcat (NASDAQ: TRNS) is one of 24 public companies in the “Electronic Component” industry, but how does it weigh in compared to its rivals? We will compare Transcat to similar businesses based on the strength of its profitability, institutional ownership, dividends, valuation, earnings, analyst recommendations and risk.
Valuation and Earnings
This table compares Transcat and its rivals top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Transcat||$143.90 million||$4.52 million||22.65|
|Transcat Competitors||$1.24 billion||$140.56 million||90.35|
Volatility and Risk
Transcat has a beta of 0.4, indicating that its share price is 60% less volatile than the S&P 500. Comparatively, Transcat’s rivals have a beta of 1.01, indicating that their average share price is 1% more volatile than the S&P 500.
This table compares Transcat and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
This is a breakdown of recent ratings and target prices for Transcat and its rivals, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Transcat presently has a consensus target price of $20.00, suggesting a potential upside of 29.87%. As a group, “Electronic Component” companies have a potential downside of 0.28%. Given Transcat’s stronger consensus rating and higher possible upside, analysts plainly believe Transcat is more favorable than its rivals.
Institutional & Insider 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.
Transcat rivals beat Transcat on 7 of the 13 factors compared.
Transcat Company Profile
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.
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