For its third fiscal quarter (ending February 28), Taylor Devices Inc (NASDAQ: TAYD) has reported E.P.S. of $0.82 compared to $0.47 a year ago. E.P.S. were $2.50 for the latest four quarters through February 28 versus $1.63 for the same period a year ago.
Recent Price Action
On 3/28/24, Taylor Devices Inc (NASDAQ: TAYD) stock enjoyed a major increase of 13.7%, closing at $49.77. Moreover, exceptionally high trading volume at 365% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 16.0% 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 very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Taylor Devices has a poor Appreciation Score of 22 but a very high Power Rating of 95, with the High Neutral Value Trend Rating the result.
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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