Taylor Devices (TAYD) Issues Quarterly Earnings Results
Taylor Devices (NASDAQ:TAYD) announced its quarterly earnings data on Friday. The industrial products company reported $0.02 earnings per share for the quarter, Bloomberg Earnings reports. The company had revenue of $4.81 million during the quarter. Taylor Devices had a net margin of 9.19% and a return on equity of 7.48%.
Shares of Taylor Devices (TAYD) traded down $1.00 during mid-day trading on Friday, reaching $13.00. 79,382 shares of the company’s stock traded hands, compared to its average volume of 5,273. The firm has a market cap of $48.38, a price-to-earnings ratio of 18.57 and a beta of 0.87. Taylor Devices has a 52 week low of $10.62 and a 52 week high of $15.14.
Several research analysts have weighed in on TAYD shares. ValuEngine raised shares of Taylor Devices from a “hold” rating to a “buy” rating in a report on Friday, December 1st. TheStreet raised shares of Taylor Devices from a “c+” rating to a “b-” rating in a report on Wednesday.
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About Taylor Devices
Taylor Devices, Inc is engaged in the design, development, manufacture and marketing of shock absorption, rate control and energy storage devices for use in various types of machinery, equipment and structures. The Company’s Seismic Dampers are designed to ameliorate the effects of earthquake tremors on structures.
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