Taylor Devices Inc (NASDAQ: TAYD) stock closed at $53.74 on 8/14/24 after a major increase of 11.4%. However, below average trading volume at 78% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 17.9% during the last week.
Current PriceTarget Research Rating
TAYD’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
Taylor Devices has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Taylor Devices has a poor Appreciation Score of 22 but a very high Power Rating of 92, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this 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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