Transcat (NASDAQ: TRNS) is one of 24 public companies in the “Electronic Component” industry, but how does it contrast to its peers? We will compare Transcat to similar businesses based on the strength of its dividends, profitability, risk, analyst recommendations, valuation, earnings and institutional ownership.
Volatility & Risk
Transcat has a beta of 0.4, meaning that its stock price is 60% less volatile than the S&P 500. Comparatively, Transcat’s peers have a beta of 1.01, meaning that their average stock price is 1% more volatile than the S&P 500.
56.5% of Transcat shares are held by institutional investors. Comparatively, 56.6% of shares of all “Electronic Component” companies are held by institutional investors. 8.8% of Transcat shares are held by company insiders. Comparatively, 9.0% of shares of all “Electronic Component” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
This is a summary of recent recommendations for Transcat and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Transcat presently has a consensus target price of $20.00, indicating a potential upside of 27.80%. As a group, “Electronic Component” companies have a potential upside of 2.40%. Given Transcat’s stronger consensus rating and higher probable upside, analysts plainly believe Transcat is more favorable than its peers.
This table compares Transcat and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Earnings & Valuation
This table compares Transcat and its peers top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Transcat||$143.90 million||$4.52 million||23.01|
|Transcat Competitors||$1.21 billion||$130.98 million||99.70|
Transcat’s peers have higher revenue and earnings than Transcat. Transcat is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Transcat peers 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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