Profile
Sector:
IndustrialsIndustry:
Specialty Industrial MachineryCountry:
United StatesIPO:
05 November 1980Website:
http://www.taylordevices.comNext earnings report:
10 January 2025Last dividends:
04 December 1989Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:54:55 GMTDividend
Analysts recommendations
Institutional Ownership
TAYD Latest News
TAYD's fiscal Q1 2025 EPS jumps to 85 cents, fueled by robust Aerospace/Defense sales. Revenues increase 17% year over year as the company leveraged strong order flow and strategic investments.
Taylor Devices has surged 70% since February, driven by strong growth in A&D revenues, record earnings and backlog. TAYD's competitive edge is bolstered by proprietary products, customer relationships, and niche market positioning and enables ample opportunity for continued growth. Despite cyclicality risks TAYD has demonstrated operational excellence and expanding margins using zero debt.
Taylor Devices (TAYD) delivered a strong fourth quarter of fiscal 2024, with EPS up 35.6% year over year to 80 cents per share and revenues rising to $12.1 million, driven by growth in the Aerospace/Defense segment despite challenges in the Structural market.
Taylor Devices is a company that specializes in seismic dampers, which reduce the effects of earthquakes and strong winds on buildings. The company has seen strong financial results in 2023, with a 27% increase in sales and a significant boost in revenues from aerospace and industrial applications. The company's backlog of orders has been growing, indicating potential future sales growth, and its valuation suggests it may be undervalued. However, the company is subject to cyclical risks and fluctuations in the construction and defense industries.
What type of business is Taylor Devices?
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 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 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; custom shock and vibration isolators comprising, liquid springs, fluid dampers, elastomeric springs, and Pumpkin mounts; and custom actuators for special aerospace and defense applications. It markets its products through a network of sales representatives and distributors. Taylor Devices, Inc. was incorporated in 1955 and is headquartered in North Tonawanda, New York.
What sector is Taylor Devices in?
Taylor Devices is in the Industrials sector
What industry is Taylor Devices in?
Taylor Devices is in the Specialty Industrial Machinery industry
What country is Taylor Devices from?
Taylor Devices is headquartered in United States
When did Taylor Devices go public?
Taylor Devices initial public offering (IPO) was on 05 November 1980
What is Taylor Devices website?
https://www.taylordevices.com
Is Taylor Devices in the S&P 500?
No, Taylor Devices is not included in the S&P 500 index
Is Taylor Devices in the NASDAQ 100?
No, Taylor Devices is not included in the NASDAQ 100 index
Is Taylor Devices in the Dow Jones?
No, Taylor Devices is not included in the Dow Jones index
When was Taylor Devices the previous earnings report?
No data
When does Taylor Devices earnings report?
The next expected earnings date for Taylor Devices is 10 January 2025