Transcat (NASDAQ:TRNS) Might Be Having Difficulty Using Its Capital Effectively [Yahoo! Finance]
Transcat, Inc. (TRNS)
Last transcat, inc. earnings: 2/4 04:15 pm
Check Earnings Report
US:NASDAQ Investor Relations:
transcat.com/investor-relations
Company Research
Source: Yahoo! Finance
return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. However, after briefly looking over the numbers, we don't think Transcat NASDAQ:TRNS ) has the makings of a multi-bagger going forward, but let's have a look at why that may be. Understanding Return On Capital Employed (ROCE) Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. Analysts use this formula to calculate it for Transcat: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.075 = US$22m ÷ (US$324m - US$32m) (Based on the trailing twelve months to June 2024) Thus, Transcat has an ROCE of 7.5%. Ultimately, that's a low return and it under-performs the Tra
Show less
Read more
Impact Snapshot
Event Time:
TRNS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TRNS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TRNS alerts
High impacting Transcat, Inc. news events
Weekly update
A roundup of the hottest topics
TRNS
News
- Is Now The Time To Put Transcat (NASDAQ:TRNS) On Your Watchlist? [Yahoo! Finance]Yahoo! Finance
- Transcat, Inc. Just Missed Earnings - But Analysts Have Updated Their Models [Yahoo! Finance]Yahoo! Finance
- Transcat, Inc. (NASDAQ: TRNS) had its price target lowered by analysts at Northland Securities from $130.00 to $110.00. They now have a "market perform" rating on the stock.MarketBeat
- Transcat, Inc. (NASDAQ: TRNS) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $130.00 price target on the stock, down previously from $155.00.MarketBeat
- Transcat, Inc. (NASDAQ: TRNS) had its price target lowered by analysts at Craig Hallum from $138.00 to $113.00. They now have a "buy" rating on the stock.MarketBeat
TRNS
Earnings
- 10/28/24 - Beat
TRNS
Sec Filings
- 11/14/24 - Form SC
- 11/6/24 - Form 10-Q
- 10/29/24 - Form 8-K
- TRNS's page on the SEC website