Stock daily read

What happened with TAYD today?

Why it moved
Explains possible causes using the day’s news and filings
Moving with the market?
Uses market moves and trading volume to assess what drove the change
What to watch next
The next thing that could change the call, and what to look for

No read yet

Uses news and trading volume to explain the day’s move and how it relates to the market.

Investment outlook

TAYD in three months: buy, wait or sell?

Stop guessing. Get the call, a three-month target price, the best and worst cases, and a source for every claim.

In the report
  • Buy / Wait / Sell rating
  • 3-month target price
  • Bear · Base · Bull
  • vs. the market

Company

Company overview

Taylor Devices supplies devices that absorb shocks, control movement and store energy in machinery, equipment and structures. Aerospace and defense customers provide most of its revenue, buying custom versions of its products. Structural customers are another important source of sales: its Seismic Dampers reduce earthquake effects on structures, and it serves customers seeking earthquake or wind protection for buildings and bridges. Industrial customers also buy absorbers and buffers for machinery.

A small group of customers accounts for a substantial share of sales, so retaining or replacing their orders matters to the business. Contracts with the U.S. federal government or its independent contractors are generally fixed-price, and the government can terminate them at its election. This part of the business depends on federal defense spending.

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Source: SEC filing

Red flags

Know what’s buried in TAYD’s filings before you buy

The risk section is the longest, dullest part of the filing. This keeps only what can really hurt you: where it hits, how hard, when it plays out.

Sorted into
  • Happening now
  • Could go wrong
  • Built in

Moat

TAYD says it has a moat. Does it hold up?

Every company claims an edge. Each one is checked against hard numbers like margins and returns: which hold, and which line gives way first.

Each edge rated
  • Strong
  • Moderate
  • Limited
  • Unproven

Related companies

Taylor Devices' results depend mainly on aerospace and defense orders and government defense spending, while seismic and wind-protection projects provide a smaller, variable revenue stream.

Agenda

in 71 daysWed, Dec 30

  1. Time to be announced
    Major

    Taylor Devices Inc earningsThis company

    Taylor Devices relies mainly on aerospace and defense customers and long-term projects, and this report will show whether work is turning into revenue without further pressure on gross margin.