Taylor Devices Inc (NASDAQ: TAYD) has reported earnings for its second fiscal quarter (ending November 30) of $0.56 versus $0.45 for the same period a year ago — an increase of 24%. E.P.S. were $2.15 for the latest four quarters through November 30 versus $1.13 for the same period a year ago — an increase of 90%.
Recent Price Action
Taylor Devices Inc (NASDAQ: TAYD) stock closed at $27.81 on 1/10/24 after a major increase of 18.0%. Moreover, trading volume in this advance was exceptionally high at 1085% of normal. The stock has been strong relative to the market over the last nine months and has risen 22.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TAYD is expected to be a modest Value Builder.
Taylor Devices has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Taylor Devices has a neutral Appreciation Score of 42 but a good Power Rating of 77, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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