Taylor Devices faces uncertainty after strong growth, with backlog declines and weaker visibility impacting sentiment. TAYD's aerospace and defense exposure provides long-term support, as these segments now account for two-thirds of revenue and benefit from robust global spending. I view the recent sell-off as creating an attractive entry, justifying an initial Buy rating, but backlog recovery is crucial to sustain this view.
TAYD's Q3 earnings per share improve year over year, supported by lower SG&A costs and improved operating efficiency despite some margin pressure and falling long-term project revenue.
TAYD benefits from rising U.S. demand, a shift to higher-margin short-term projects, and strong defense sector exposure, enhancing profitability and revenue stability.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Michael Byun SageView Advisory Group LLC | 4,762 | $278,387 | $263,457.65 | -$14,929.35 | -5.36% |
| WPA Wealth Preservation Advisors LLC Wealth Preservation Advisors LLC | 100 | $3,227 | $5,704 | $2,477 | 76.76% |
Isabelle Cordwell-Riant De Lisle Partners LLP | 43,876 | $1.86M | $2.51M | $653,424.47 | 35.2% |
Kirsten Syverson Integrated Quantitative Investments LLC | 3,800 | $216,600 | $214,928 | -$1,672 | -0.77% |
| EG Ethan Gilbert Rialto Wealth Management LLC | 145 | $8,265 | $8,337.5 | $72.5 | 0.88% |
| Machinery Industry | Industrials Sector | Timothy J. Sopko CEO | NASDAQ (CM) Exchange | 877163105 CUSIP |
| US Country | 135 Employees | 4 Dec 1989 Last Dividend | 12 Dec 1988 Last Split | 18 Aug 1995 IPO Date |
Taylor Devices, Inc. specializes in the design, development, manufacturing, and marketing of advanced shock absorption, rate control, and energy storage devices. With operations spanning the United States, Asia, and other international markets, the company caters to a wide range of industries, including defense, aerospace, and commercial sectors. Established in 1955 and based in North Tonawanda, New York, Taylor Devices, Inc. leverages its extensive expertise to offer solutions aimed at mitigating the effects of dynamic forces, such as earthquakes and vibrations, on machinery, equipment, and structures. The company employs a strategic approach to distribution, relying on a network of sales representatives and distributors to reach a diverse clientele worldwide.
These devices are engineered to reduce the impact of earthquakes on buildings and other structures, enhancing safety and structural integrity during seismic events.
Compact shock absorbers specifically designed for defense, aerospace, and commercial applications, Fluidicshoks absorb and dissipate energy to control shock and vibration.
Larger versions of the Fluidicshoks, these buffers are utilized in various industrial settings, including cranes and crane trolleys, truck docks, and train car stops, providing effective shock absorption.
Encompassing variations of Fluidicshoks and crane/industrial buffers, these devices automatically adapt to differing impact conditions, ideal for high-cycle applications in heavy industries.
Utilized as essential components in the manufacturing of tools and dies, liquid die springs aid in the precision and efficiency of machinery and equipment operations.
Primarily serving the aerospace and defense sectors, these dampers are employed to safeguard electronics and optical systems against the detrimental effects of vibration.
These springs find applications in aerospace for their precision and reliability, contributing to the optimal performance of aerospace systems.
Tailored for specific aerospace and defense applications, custom actuators are developed to meet the unique requirements of these high-stakes industries.