Taylor Devices (TAYD) Stock Price, News & Analysis

Company Overview

Taylor Devices, Inc. engages in design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in machinery, equipment, and structures in the United States, Asia, and internationally. Its products include seismic dampers that are designed to mitigate the effects of earthquakes on structures; Fluidicshoks, which are compact shock absorbers primarily used in defense, aerospace, and commercial industries; and crane and industrial buffers, which are larger versions of the Fluidicshoks for industrial application on cranes and crane trolleys, truck docks, ladle and ingot cars, ore trolleys, and train car stops. The company's products also comprise self-adjusting shock absorbers that include versions of Fluidicshoks, and crane and industrial buffers, which automatically adjust to various impact conditions and are designed for high cycle application primarily in the heavy industry; liquid die springs that are used as component parts of machinery and equipment used in the manufacture of tools and dies; vibration dampers, which are primarily used by aerospace and defense industries to control the response of electronics and optical systems subjected to air, ship, or spacecraft vibration; machined springs used in the aerospace applications; and custom actuators for special aerospace and defense applications. It markets its products through a network of sales representatives and distributors. The company was incorporated in 1955 and is headquartered in North Tonawanda, New York.

Key Stats

• Today's Range: $45.90 to $49.22
• 50-Day Range: $42.31 to $63.70
• 52-Week Range: $21.44 to $64.50
• Volume: 18,159 shs
• Average Volume: 24,296 shs
• Market Capitalization: $165.56 million
• P/E Ratio: 16.21
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Taylor Devices Stock Analysis - MarketRank™

Taylor Devices scored higher than 11% of companies evaluated by MarketBeat, and ranked 172nd out of 176 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Taylor Devices.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Taylor Devices is 16.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

Price to Earnings Ratio vs. Sector

The P/E ratio of Taylor Devices is 16.21, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.71.

Price to Book Value per Share Ratio

Taylor Devices has a P/B Ratio of 3.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.98% of the float of Taylor Devices has been sold short.

Short Interest Ratio / Days to Cover

Taylor Devices has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in Taylor Devices has recently increased by 8.27%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Taylor Devices does not currently pay a dividend.

Dividend Growth

Taylor Devices does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.98% of the float of Taylor Devices has been sold short.

Short Interest Ratio / Days to Cover

Taylor Devices has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in Taylor Devices has recently increased by 8.27%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 1.54

News Sentiment

Taylor Devices has a news sentiment score of 1.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Taylor Devices this week, compared to 2 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Taylor Devices insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.12% of the stock of Taylor Devices is held by insiders.

Percentage Held by Institutions

Only 17.62% of the stock of Taylor Devices is held by institutions.

TAYD Stock Analysis - Frequently Asked Questions

How have TAYD shares performed this year?

Taylor Devices' stock was trading at $22.13 at the beginning of the year. Since then, TAYD shares have increased by 112.5% and is now trading at $47.02.
View the best growth stocks for 2024 here.

How were Taylor Devices' earnings last quarter?

Taylor Devices, Inc. (NASDAQ:TAYD) issued its quarterly earnings results on Friday, September, 27th. The industrial products company reported $0.85 earnings per share (EPS) for the quarter. The industrial products company earned $11.62 million during the quarter. Taylor Devices had a trailing twelve-month return on equity of 18.95% and a net margin of 21.22%.

Who are Taylor Devices' major shareholders?

Top institutional investors of Taylor Devices include Janney Montgomery Scott LLC (3.83%) and Ritholtz Wealth Management (0.47%). Insiders that own company stock include Timothy John Sopko, Robert Michael Carey and Ira Sochet.
View institutional ownership trends.

How do I buy shares of Taylor Devices?

Shares of TAYD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Taylor Devices own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Taylor Devices investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Builders FirstSource (BLDR), Disc Medicine (IRON), e.l.f. Beauty (ELF) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 9/27/2024
• Today: 10/31/2024
• Next Earnings (Estimated): 1/08/2025
• Fiscal Year End: 5/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: General industrial machinery,
• Sub-Industry: Machinery
• Current Symbol: NASDAQ:TAYD
• CUSIP: N/A
• CIK: 96536
• Web: www.taylordevices.com
• Phone: (716) 694-0800
• Fax: 716-695-6015
• Employees: 120
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $2.49
• Trailing P/E Ratio: 16.21
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $9 million
• Net Margins: 21.22%
• Pretax Margin: 25.76%
• Return on Equity: 18.95%
• Return on Assets: 16.28%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 6.02
• Quick Ratio: 5.00

Sales & Book Value

• Annual Sales: $46.28 million
• Price / Sales: 3.58
• Cash Flow: $3.07 per share
• Price / Cash Flow: 15.32
• Book Value: $14.55 per share
• Price / Book: 3.23

Miscellaneous

• Outstanding Shares: 3,521,000
• Free Float: 2,877,000
• Market Cap: $165.56 million
• Optionable: Not Optionable
• Beta: 1.03