Taylor Devices, Inc. Stock News

Taylor Devices, Inc. is a debt-free, highly profitable micro-cap stock with strong historical growth and market-leading margins in the vibration control product industry. TAYD outperforms near-peers with an attractive 12.42 P/E ratio, solid balance sheet, and robust financial health, making it a valuable investment. Key risks include revenue concentration among a few customers, exposure to cycl...

NORTH TONAWANDA, N.Y. , Sept. 27, 2024 /PRNewswire/ -- Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") announced today that it had first quarter sales of $11,617,856, up from last year's first quarter sales of $9,923,628.

Taylor Devices has surged 70% since February, driven by strong growth in A&D revenues, record earnings and backlog. TAYD's competitive edge is bolstered by proprietary products, customer relationships, and niche market positioning and enables ample opportunity for continued growth. Despite cyclicality risks TAYD has demonstrated operational excellence and expanding margins using zero debt.