Taylor Devices (TAYD) Upgraded to “B-” by TheStreet
Separately, ValuEngine raised Taylor Devices from a hold rating to a buy rating in a report on Friday, December 1st.
Shares of Taylor Devices (NASDAQ TAYD) opened at $13.00 on Wednesday. Taylor Devices has a fifty-two week low of $10.62 and a fifty-two week high of $15.14. The company has a market capitalization of $46.08, a price-to-earnings ratio of 18.84 and a beta of 0.85.
Taylor Devices (NASDAQ:TAYD) last released its quarterly earnings results on Thursday, October 12th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter. Taylor Devices had a return on equity of 7.48% and a net margin of 9.19%. The business had revenue of $6.57 million during the quarter.
An institutional investor recently raised its position in Taylor Devices stock. Janney Montgomery Scott LLC raised its stake in shares of Taylor Devices, Inc. (NASDAQ:TAYD) by 183.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 187,155 shares of the industrial products company’s stock after purchasing an additional 121,200 shares during the period. Janney Montgomery Scott LLC owned 5.41% of Taylor Devices worth $2,298,000 as of its most recent SEC filing. 14.08% of the stock is owned by hedge funds and other institutional investors.
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Taylor Devices Company Profile
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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