Is Taylor Devices Stock a Good Investment?
Taylor Devices Investment Advice | TAYD |
- Examine Taylor Devices' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Taylor Devices' leadership team and their track record. Good management can help Taylor Devices navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Taylor Devices' business and its evolving consumer preferences.
- Compare Taylor Devices' performance and market position to its competitors. Analyze how Taylor Devices is positioned in terms of product offerings, innovation, and market share.
- Check if Taylor Devices pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Taylor Devices' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Taylor Devices stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Taylor Devices is a good investment.
Sell | Buy |
Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Taylor Devices Stock
Researching Taylor Devices' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 38.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.88. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Taylor Devices last dividend was issued on the 4th of December 1989. The entity had 105:100 split on the 12th of December 1988.
To determine if Taylor Devices is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Taylor Devices' research are outlined below:
| Taylor Devices generated a negative expected return over the last 90 days | |
| Taylor Devices has high historical volatility and very poor performance | |
| Latest headline from news.google.com: Acquisition by Carey Robert Michael of 572 shares of Taylor Devices at 11.97 subject to Rule 16b-3 |
Taylor Devices uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Taylor Devices. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Taylor Devices' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View |
Know Taylor Devices' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Taylor Devices is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Taylor Devices backward and forwards among themselves. Taylor Devices' institutional investor refers to the entity that pools money to purchase Taylor Devices' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corp | 2024-09-30 | 35.5 K | O'shaughnessy Asset Management Llc | 2024-09-30 | 29.1 K | Northern Trust Corp | 2024-09-30 | 23.6 K | Arrowstreet Capital Limited Partnership | 2024-09-30 | 19.8 K | National Asset Management Inc | 2024-09-30 | 16.1 K | Prescott Group Capital Management Llc | 2024-09-30 | 15.3 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 15 K | Scalar Gauge Management, Llc | 2024-09-30 | 13.6 K | National Wealth Management Group, Llc | 2024-09-30 | 11.7 K | Vanguard Group Inc | 2024-09-30 | 136.1 K | Janney Montgomery Scott Llc | 2024-09-30 | 135 K |
Taylor Devices' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 138.78 M.Market Cap |
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Taylor Devices' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.13 | 0.14 | |
| Return On Capital Employed | 0.21 | 0.12 | |
| Return On Assets | 0.14 | 0.13 | |
| Return On Equity | 0.20 | 0.21 |
Determining Taylor Devices' profitability involves analyzing its financial statements and using various financial metrics to determine if Taylor Devices is a good buy. For example, gross profit margin measures Taylor Devices' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Taylor Devices' profitability and make more informed investment decisions.
Please note, the presentation of Taylor Devices' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Taylor Devices' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Taylor Devices' management manipulating its earnings.
Evaluate Taylor Devices' management efficiency
Taylor Devices has return on total asset (ROA) of 0.1071 % which means that it generated a profit of $0.1071 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1855 %, meaning that it created $0.1855 on every $100 dollars invested by stockholders. Taylor Devices' management efficiency ratios could be used to measure how well Taylor Devices manages its routine affairs as well as how well it operates its assets and liabilities. At present, Taylor Devices' Return On Equity is projected to increase slightly based on the last few years of reporting. At present, Taylor Devices' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 1.2 M, whereas Net Tangible Assets are forecasted to decline to about 36.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 13.76 | 14.44 | |
| Tangible Book Value Per Share | 13.68 | 14.36 | |
| Enterprise Value Over EBITDA | 13.52 | 10.17 | |
| Price Book Value Ratio | 3.83 | 4.02 | |
| Enterprise Value Multiple | 13.52 | 10.17 | |
| Price Fair Value | 3.83 | 4.02 | |
| Enterprise Value | 151.1 M | 158.7 M |
The strategic vision of Taylor Devices management plays a critical role in its financial performance. By evaluating this vision, we provide insights into the stock's growth potential.
Beta 1.04 |
Basic technical analysis of Taylor Stock
As of the 2nd of February, Taylor Devices has the Risk Adjusted Performance of (0.08), coefficient of variation of (945.86), and Variance of 15.97. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Taylor Devices, as well as the relationship between them. Please validate Taylor Devices market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Taylor Devices is priced more or less accurately, providing market reflects its prevalent price of 33.4 per share. Given that Taylor Devices has information ratio of (0.13), we advise you to double-check Taylor Devices's current market performance to make sure the company can sustain itself at a future point.Taylor Devices' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Taylor Devices insiders, such as employees or executives, is commonly permitted as long as it does not rely on Taylor Devices' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Taylor Devices insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Taylor Devices' Outstanding Corporate Bonds
Taylor Devices issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Taylor Devices uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Taylor bonds can be classified according to their maturity, which is the date when Taylor Devices has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Taylor Devices' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Taylor Devices' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (9.67) | |||
| Mean Deviation | 2.62 | |||
| Coefficient Of Variation | (945.86) | |||
| Standard Deviation | 4.0 | |||
| Variance | 15.97 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.76) | |||
| Treynor Ratio | (9.68) | |||
| Maximum Drawdown | 30.54 | |||
| Value At Risk | (5.57) | |||
| Potential Upside | 4.36 | |||
| Skewness | 0.1308 | |||
| Kurtosis | 5.62 |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (9.67) | |||
| Mean Deviation | 2.62 | |||
| Coefficient Of Variation | (945.86) | |||
| Standard Deviation | 4.0 | |||
| Variance | 15.97 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.76) | |||
| Treynor Ratio | (9.68) | |||
| Maximum Drawdown | 30.54 | |||
| Value At Risk | (5.57) | |||
| Potential Upside | 4.36 | |||
| Skewness | 0.1308 | |||
| Kurtosis | 5.62 |
Consider Taylor Devices' intraday indicators
Taylor Devices intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Taylor Devices stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Taylor Devices Corporate Filings
| 31st of January 2025 Other Reports | ViewVerify | |
8K | 14th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 3rd of January 2025 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F4 | 29th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Taylor Stock media impact
Far too much social signal, news, headlines, and media speculation about Taylor Devices that are available to investors today. That information is available publicly through Taylor media outlets and privately through word of mouth or via Taylor internal channels. However, regardless of the origin, that massive amount of Taylor data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Taylor Devices news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Taylor Devices relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Taylor Devices' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Taylor Devices alpha.
Taylor Devices Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Taylor Devices can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Taylor Devices Corporate Management
| Todd Avery | Vice Operations | Profile | |
| Megan Brant | Accounting Supervisor | Profile | |
| Benjamin Kujawinski | Operations VP | Profile | |
| Donald Horne | Chief Engineer | Profile | |
| Mark CPA | Treasurer Secretary | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taylor Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Taylor Stock refer to our How to Trade Taylor Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taylor Devices. If investors know Taylor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taylor Devices listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.629 | Earnings Share 2.91 | Revenue Per Share | Quarterly Revenue Growth 0.171 | Return On Assets |
The market value of Taylor Devices is measured differently than its book value, which is the value of Taylor that is recorded on the company's balance sheet. Investors also form their own opinion of Taylor Devices' value that differs from its market value or its book value, called intrinsic value, which is Taylor Devices' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taylor Devices' market value can be influenced by many factors that don't directly affect Taylor Devices' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Taylor Devices' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Taylor Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taylor Devices' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.