Today: Today, Transcat Inc. (TRNS) Upgrade to “Buy” at TheStreet

Today, Transcat Inc. (TRNS) Upgrade to “Buy” at TheStreet

TheStreet upgraded shares of Transcat Inc. (NASDAQ:TRNS) from a hold rating to a buy rating in a research note released on Wednesday.

Transcat (NASDAQ:TRNS) traded up 0.9207% during mid-day trading on Wednesday, reaching $10.9499. The company had a trading volume of 4,519 shares. The stock has a market capitalization of $76.77 million, a price-to-earnings ratio of 17.9507 and a beta of 0.78. Transcat has a 52 week low of $8.26 and a 52 week high of $11.85. The stock has a 50 day moving average of $10.38 and a 200 day moving average of $10.33.

Transcat (NASDAQ:TRNS) last issued its quarterly earnings data on Tuesday, October 25th. The company reported $0.12 EPS for the quarter. Transcat had a return on equity of 11.14% and a net margin of 3.35%. The company had revenue of $34.49 million for the quarter, compared to analyst estimates of $29.48 million. Analysts anticipate that Transcat will post $0.64 earnings per share for the current year.

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