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TRANSCAT INC. Value Stock - Dividend - Research Selection

Transcat

ISIN: US8935291075 , WKN: 923106

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Description of the company

Transcat, Inc. provides calibration and laboratory instrument services in the United States, Canada, and internationally. It operates in two segments, Service and Distribution. The Service segment offers calibration, repair, inspection, analytical qualifications, preventative maintenance, consulting, and other related services. This segment also provides CalTrak, a proprietary document and asset management system that is used to integrate and manage the workflow of its calibration service centers and customers\' assets; CalTrak Online, which provides its customers with Web-based asset management capability, as well as an off-site archive of calibration and other service records; and Compliance, Control and Cost, a cloud-based customer portal and asset management tool. The Distribution segment distributes approximately 100,000 test, measurement, and control instruments for customers\' test and measurement instrumentation needs. This segment markets and sells its products through Website, digital and print advertising, proactive outbound sales, and an inbound call center. The company provides services and products to highly regulated industries, principally life science, which includes companies in the pharmaceutical, biotechnology, medical device, and other FDA-regulated industries; and additional industries, including industrial manufacturing, oil and gas and alternative energy, aerospace and defense, and other industries that require accuracy in processes and confirmation of the capabilities of their equipment. Transcat, Inc. was founded in 1964 and is headquartered in Rochester, New York.

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NEWS


Analysts Are Bullish on Top Industrial Goods Stocks: Transcat (TRNS), Equifax (EFX)

2024-04-18
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Transcat price target raised by $5 at Oppenheimer, here's why

2024-04-18
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Transcat Stock: Time To Recalibrate

2024-04-16
Transcat's valuation is high despite strong growth and management has been selling shares to shore up the balance sheet. Find out why I'm neutral on TRNS stock.

Analysts Offer Insights on Industrial Goods Companies: John Bean Technologies (JBT), Enovix (ENVX) and Transcat (TRNS)

2024-04-16
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Transcat’s Strategic Acquisitions and Growth Prospects Reinforce Buy Rating

2024-04-16
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Transcat further expands its higher margin rental business with the acquisition of Becnel Rental Tools, Inc.

2024-04-15
ROCHESTER, N.Y., April 15, 2024--Transcat, Inc. (Nasdaq: TRNS) ("Transcat" or the "Company"), a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement, and control instrumentation, announced that it has acquired privately-held Becnel Rental Tools LLC (Becnel), effective April 15, 2024. The $50 million purchase price was paid in combination of $32.5 million in Company sto

Transcat Views Becnel As A Great Addition To Its Rental Portfolio With Expected Margin Boost: Details

2024-04-15
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Transcat Acquisres Becnel Rental Tools

2024-04-15
Transcat Inc: * TRANSCAT FURTHER EXPANDS ITS HIGHER MARGIN RENTAL BUSINESSWITHTHE ACQUISITION OF BECNEL RENTAL TOOLS, INC. * TRANSCAT INC: PROPOSED DEAL FOR $50...

Transcat announces acquisition of Becnel Rental Tools for $50M

2024-04-15
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Transcat Expands Portfolio with Strategic Acquisition

2024-04-15
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