Key Takeaways From Transcat Analyst Ratings
Portfolio Pulse from Benzinga Insights
Transcat (NASDAQ:TRNS) has received mixed analyst ratings over the past three months, with a majority being bullish. Analysts have set an average 12-month price target of $157.0, marking an 11.94% increase from the previous average. The company's financial performance shows strong revenue growth, net margin, ROE, and ROA, with a prudent debt management strategy.
July 31, 2024 | 1:00 pm
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Transcat has received predominantly bullish ratings from analysts over the past three months, with an average 12-month price target of $157.0. The company's financial performance is strong, with notable revenue growth, net margin, ROE, and ROA.
The majority of analysts have given bullish ratings, and the average price target has increased by 11.94%. This, combined with strong financial metrics, suggests a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100