Transcat (TRNS) to Release Quarterly Earnings on Tuesday

Transcat (NASDAQ:TRNS) will be announcing its earnings results after the market closes on Tuesday, May 21st. Analysts expect the company to announce earnings of $0.26 per share for the quarter.

Shares of TRNS stock opened at $24.18 on Tuesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.16 and a quick ratio of 1.45. The company has a market cap of $174.99 million, a PE ratio of 34.06, a price-to-earnings-growth ratio of 2.97 and a beta of 0.90. Transcat has a 1-year low of $16.39 and a 1-year high of $25.35.

Several brokerages recently commented on TRNS. ValuEngine upgraded Transcat from a “hold” rating to a “buy” rating in a research report on Monday, February 4th. Zacks Investment Research cut Transcat from a “buy” rating to a “hold” rating in a research report on Wednesday, January 30th.

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Transcat Company Profile

Transcat, Inc provides calibration and laboratory instrument services in North America and internationally. It operates in two segments, Service and Distribution. The Service segment offers calibration, repair, inspection, analytical qualification, preventative maintenance, consulting, and other related services.

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Earnings History for Transcat (NASDAQ:TRNS)

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