How to Buy Transcat Stock
Transcat Inc
Transcat, Inc. provides calibration and laboratory instrument services in the United States, Canada, and internationally. It operates through two segments, Service and Distribution.
Transcat stock last closed at $111.27, down 3.23% from the previous day, and has increased 35.13% in one year. It has overperformed other stocks in the Industrial Distribution industry by 0.04 percentage points. Transcat stock is currently +48.58% from its 52-week low of $74.89, and -4.23% from its 52-week high of $116.19.
There are currently 8.83M TRNS shares outstanding. The market capitalization of TRNS is $982.42M. In the past 24 hours, 33,657 TRNS shares were traded.
How to Buy Transcat Stock
Not sure how to invest in Transcat stock? Here's how.
- Figure out where to buy Transcat stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Transcat stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your method of payment and add your info.
- Analyze Transcat stock: The Transcat ticker symbol is TRNS. Is Transcat stock a good investment? Should you buy shares of TRNS? How do TRNS's underlying business fundamentals look? Do top analysts think Transcat is a good buy? Why has TRNS's stock price moved recently? (Hint: Our stock analysis website can help you understand if TRNS is a good stock to buy).
- Place your TRNS buy order: Decide if you will purchase TRNS shares at the current market price or use a limit order to purchase TRNS shares at a given price.
- Track your investment in TRNS: Create a watchlist to watch your position in Transcat stock.
Step 1: Figure out where to buy Transcat stock
You will need a brokerage account in order to access the NASDAQ market and buy TRNS stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal information so you are able to buy TRNS today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new trading account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on the best stock trading app for beginners, you can securely and quickly fund your account:
Check out the walkthrough below for more details transferring money into your new brokerage account.
Step 4: Analyze Transcat stock
Once you have decided on the best place to buy Transcat stock, it's crucial to research their stock prior to investing, so you truly comprehend the risk and upside.
Overview of key TRNS info
TRNS Zen Score
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on TRNS's stock page.
Is TRNS stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge TRNS's intrinsic value.
Using relative valuations metrics:
- TRNS may be undervalued based on its P/E ratio of 83.66x, relative to Industrial Distribution industry P/E ratio of 495.16x
- TRNS could be undervalued based on its P/B ratio of 4.5x, relative to Industrial Distribution industry P/B ratio of 6.87x
- TRNS could be overvalued based on its PEG ratio of 17.61x
You can do additional valuation research on TRNS's stock here.
A look at TRNS Cashflows and Balance Sheet
Signs that TRNS is financially healthy:
- Total TRNS debt is lower than 5 years ago, relative to shareholder equity.
- TRNS earnings of $16.49M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the TRNS balance sheet.
- TRNS has a low debt to equity ratio of 0.29.
- TRNS's operating cash flow of $29.87M allows it to safely service it's debt of $19.18M.
- There are more short-term assets than long-term liabilities on the TRNS balance sheet.
Signs that TRNS is not financially healthy:
- TRNS profit margin has gone down from 4.5% to 4.2% in the past year.
Do Wall Street analysts think it's a good time to buy Transcat stock
Out of 2 Equities analysts who give ratings on TRNS, the consensus analyst rating on Transcat is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Transcat stock forecast page.
TRNS Trading Indicators
TRNS Performance Metrics
Last year, TRNS earnings were $10.42M. Over the past five year, TRNS's earnings have increased by 6.52% per year. This was slower than the Industrial Distribution industry average of 12.2%.
Last year, TRNS revenue was $250.64M. Over the past five year, TRNS's revenue has grown by 9.55% per year. This was slower than the Industrial Distribution industry average of 23.09%.
Dig into TRNS's earnings and revenue performance here.
What are TRNS executives and large shareholders up to?
Over the past 12 months, insiders at TRNS have sold more shares than they have bought.
Thomas L. Barbato, Sr. VP Finance CFO of TRNS, was the latest TRNS insider to sell. They sold $41,897.68 worth of TRNS shares on Mar 30, 2024.
Learn more about who owns TRNS shares here.
Does TRNS stock generate passive income?
No, Transcat doesn't provide an income stream by paying out dividends.
What do other traders have to say about TRNS?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your TRNS buy order
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given price, place a limit order.
Click the Open button and your broker will execute your order.
If you need more info about investing in stocks on eToro, click the how to video below:
Step 6: Track your investment in TRNS
Now that you own some TRNS stock, you'll want to stay up-to-date on your new stock purchase.
Create a watchlist to track the most important metrics related to your TRNS stock.
TRNS Feed
How to Buy Stock in Transcat
To reiterate, here are the 6 steps to buy stock in Transcat:
- Figure out where to buy Transcat stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Analyze Transcat stock
- Place your TRNS buy order
- Track your investment in TRNS
If you require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Transcat, get started below.
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