Taylor Devices (TAYD) Lifted to “Buy” at ValuEngine

ValuEngine upgraded shares of Taylor Devices (NASDAQ:TAYD) from a hold rating to a buy rating in a report issued on Friday.

Separately, TheStreet cut Taylor Devices from a b- rating to a c+ rating in a research report on Tuesday, August 22nd.

Shares of Taylor Devices (NASDAQ:TAYD) opened at $12.40 on Friday. The company has a market capitalization of $42.85, a P/E ratio of 17.72 and a beta of 0.86. Taylor Devices has a 12-month low of $10.62 and a 12-month high of $15.69.

Taylor Devices (NASDAQ:TAYD) last posted its quarterly earnings data on Thursday, October 12th. The industrial products company reported $0.09 EPS for the quarter. The business had revenue of $6.57 million during the quarter. Taylor Devices had a return on equity of 7.48% and a net margin of 9.19%.

An institutional investor recently raised its position in Taylor Devices stock. Janney Montgomery Scott LLC grew its holdings in Taylor Devices, Inc. (NASDAQ:TAYD) by 183.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 187,155 shares of the industrial products company’s stock after buying an additional 121,200 shares during the quarter. Janney Montgomery Scott LLC owned 5.41% of Taylor Devices worth $2,298,000 as of its most recent SEC filing. Institutional investors and hedge funds own 14.08% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Taylor Devices (TAYD) Lifted to “Buy” at ValuEngine” was originally reported by Week Herald and is owned by of Week Herald. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The legal version of this piece of content can be accessed at https://weekherald.com/2017/12/04/taylor-devices-tayd-lifted-to-buy-at-valuengine.html.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Taylor Devices Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taylor Devices Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply