about transcat transcat, inc. is a leading provider of accredited calibration, repair, inspection and compliance services including analytical instrument qualifications, equipment and process validation. targeted industries include life science, biotechnology, medical device, pharmaceutical and other fda-regulated industries, industrial manufacturing, energy and utilities, chemical manufacturing and other industries. throughout its 20 strategically located centers of excellence in the united states, canada and puerto rico, transcat delivers precise services with reliable turn-around times. the breadth and depth of measurement parameters addressed by transcat’s iso/iec 17025 scopes of accreditation are believed to be among the best in the industry. in addition, transcat operates as a leading distributor of professional grade handheld test, measurement and control instrumentation. through its distribution products segment, transcat markets and distributes premier and propriety brand inst
![Transcat logo](/files/LOGO/99302-TRNS.png)
Company profile
Ticker
TRNS
Exchange
Website
CEO
Lee Rudow
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Teradyne • Veralto • Itron • Cohu • Allient • Frequency Electronics • Intest • Data io • Aehr Test Systems • Reliability ...
Former names
TRANSMATION INC
SEC CIK
Corporate docs
Subsidiaries
Transcat Canada, Inc. • WTT Real Estate Acquisition, LLC • Cal OpEx Limited • Cal OpEx Inc. • SteriQual LLC • Tangent Labs LLC • TIC-MS, LLC • Axiom Test Equipment, LLC ...
IRS number
160874418
TRNS stock data
Latest filings (excl ownership)
ARS
2024 FY
Annual report to shareholders
23 Jul 24
DEFA14A
Additional proxy soliciting materials
23 Jul 24
DEF 14A
Definitive proxy
23 Jul 24
PRE 14A
Preliminary proxy
12 Jul 24
424B3
Prospectus supplement
31 May 24
S-3ASR
Automatic shelf registration
30 May 24
10-K
2024 FY
Annual report
28 May 24
8-K/A
Departure of Directors or Certain Officers
22 May 24
8-K
Transcat Reports double-digit Organic Service Revenue Growth and significant Gross
21 May 24
8-K
Entry into a Material Definitive Agreement
20 May 24
Transcripts
TRNS
Earnings call transcript
2024 Q4
21 May 24
TRNS
Earnings call transcript
2024 Q3
30 Jan 24
TRNS
Earnings call transcript
2024 Q2
31 Oct 23
TRNS
Earnings call transcript
2024 Q1
1 Aug 23
TRNS
Earnings call transcript
2024 Q1
1 Aug 23
TRNS
Earnings call transcript
2023 Q4
23 May 23
TRNS
Earnings call transcript
2023 Q3
31 Jan 23
TRNS
Earnings call transcript
2023 Q2
1 Nov 22
TRNS
Earnings call transcript
2023 Q1
3 Aug 22
TRNS
Earnings call transcript
2022 Q4
24 May 22
Latest ownership filings
4
CHARLES P HADEED
14 Jun 24
144
Notice of proposed sale of securities
13 Jun 24
4
James M. Jenkins
3 Jun 24
4
James M. Jenkins
28 May 24
144
Notice of proposed sale of securities
28 May 24
4
Lee D. Rudow
24 May 24
144
Notice of proposed sale of securities
23 May 24
4
James M. Jenkins
22 May 24
4
Michael W. West
22 May 24
4
SCOTT DEVERELL
22 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Mar 24 | Mar 23 | Mar 22 | Mar 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 19.65 mm | 19.65 mm | 19.65 mm | 19.65 mm | 19.65 mm | 19.65 mm |
Cash burn (monthly) | 5.19 mm | 1.30 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 20.23 mm | 5.06 mm | n/a | n/a | n/a | n/a |
Cash remaining | -579.48 k | 14.59 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -0.1 | 11.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
93.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 134 |
Opened positions | 52 |
Closed positions | 9 |
Increased positions | 34 |
Reduced positions | 33 |
13F shares | Current |
---|---|
Total value | 834.88 bn |
Total shares | 8.51 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Alger Associates | 781.45 k | $66.06 mm |
Conestoga Capital Advisors | 767.21 k | $85.49 bn |
Neuberger Berman | 766.14 k | $85.37 bn |
Wasatch Advisors | 756.22 k | $84.27 bn |
Fred Alger Management | 681.90 k | $75.98 bn |
BLK Blackrock | 594.63 k | $66.26 bn |
Royce & Associates | 475.94 k | $53.03 bn |
Vanguard | 472.04 k | $52.60 bn |
Champlain Investment Partners | 347.44 k | $38.71 bn |
Broadcrest Asset Management | 300.00 k | $33.43 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Jun 24 | Hadeed Charles P | Common Stock, $.50 par value | Sell | Dispose S | No | No | 130 | 1,358 | 176.54 k | 21,320 |
31 May 24 | Jenkins James M. | Common Stock, $.50 par value | Payment of exercise | Dispose F | No | No | 127.73 | 104 | 13.28 k | 1,750 |
31 May 24 | Jenkins James M. | Common Stock, $.50 par value | Grant | Acquire A | No | No | 0 | 235 | 0.00 | 1,854 |
23 May 24 | Rudow Lee D. | Common Stock, $.50 par value | Sell | Dispose S | No | No | 135.097 | 12,000 | 1.62 mm | 91,692 |
23 May 24 | Jenkins James M. | Common Stock, $.50 par value | Sell | Dispose S | Yes | No | 142.12 | 1,000 | 142.12 k | 0 |
23 May 24 | Jenkins James M. | Common Stock, $.50 par value | Sell | Dispose S | No | No | 137.18 | 5,514 | 756.41 k | 1,619 |
20 May 24 | Rudow Lee D. | Common Stock, $.50 par value | Sell | Dispose S | No | No | 124.12 | 3,343 | 414.93 k | 103,692 |
20 May 24 | Rudow Lee D. | Common Stock, $.50 par value | Payment of exercise | Dispose F | No | No | 124.12 | 1,993 | 247.37 k | 107,035 |
20 May 24 | Rudow Lee D. | Common Stock, $.50 par value | Grant | Acquire A | No | No | 0 | 5,336 | 0.00 | 109,028 |
20 May 24 | Rudow Lee D. | RSU Common Stock, $.50 par value | Grant | Acquire A | No | No | 0 | 3,925 | 0.00 | 3,925 |
News
Can These 3 Instruments Control Stocks Beat Earnings Targets?
25 Jul 24
Transcat Analysts Boost Their Forecasts After Upbeat Results
22 May 24
What 4 Analyst Ratings Have To Say About Transcat
22 May 24
Oppenheimer Maintains Outperform on Transcat, Raises Price Target to $160
22 May 24
Shopify To Rally Around 30%? Here Are 10 Top Analyst Forecasts For Wednesday
22 May 24
Press releases
Transcat Announces First Quarter Fiscal Year 2025 Conference Call and Webcast
15 Jul 24
Transcat Reports double-digit Organic Service Revenue Growth and significant Gross Margin expansion in both Segments for the Fourth Quarter and Full Year 2024
20 May 24
Transcat Announces Fourth Quarter Fiscal Year 2024 Conference Call and Webcast
8 May 24