Taylor Devices (NASDAQ:TAYD) Earns Hold (C+) Rating from Weiss Ratings

Taylor Devices (NASDAQ:TAYD - Get Free Report)'s stock had its "hold (c+)" rating reissued by investment analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.Get Taylor Devices alerts:Separately, Wall Street Zen downgraded shares of Taylor Devices from a "strong-buy" rating to a "buy" rating in a report on Friday, October 3rd. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of "Hold".Get Our Latest Analysis on Taylor DevicesTaylor Devices Price PerformanceShares of NASDAQ:TAYD opened at $42.10 on Wednesday. The firm has a market capitalization of $132.62 million, a P/E ratio of 14.77 and a beta of 0.97. Taylor Devices has a 12 month low of $29.50 and a 12 month high of $53.73. The company's fifty day moving average price is $46.43 and its 200 day moving average price is $40.64. Taylor Devices (NASDAQ:TAYD - Get Free Report) last posted its quarterly earnings data on Wednesday, October 1st. The industrial products company reported $0.70 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.01. The company had revenue of $9.92 million for the quarter, compared to analyst estimates of $13.10 million. Taylor Devices had a net margin of 20.04% and a return on equity of 14.90%. Institutional Inflows and OutflowsLarge investors have recently modified their holdings of the business. Ameriprise Financial Inc. acquired a new stake in shares of Taylor Devices during the second quarter worth approximately $4,361,000. RBF Capital LLC acquired a new stake in shares of Taylor Devices in the second quarter worth $1,085,000. Martin & Co. Inc. TN acquired a new stake in shares of Taylor Devices in the second quarter worth $817,000. De Lisle Partners LLP lifted its stake in shares of Taylor Devices by 60.6% in the first quarter. De Lisle Partners LLP now owns 42,276 shares of the industrial products company's stock worth $1,374,000 after buying an additional 15,950 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new position in Taylor Devices during the second quarter worth $304,000. 17.62% of the stock is currently owned by institutional investors. Taylor Devices Company Profile (Get Free Report)Taylor Devices, Inc engages in design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in machinery, equipment, and structures in the United States, Asia, and internationally. Its products include seismic dampers that are designed to mitigate the effects of earthquakes on structures; Fluidicshoks, which are compact shock absorbers primarily used in defense, aerospace, and commercial industries; and crane and industrial buffers, which are larger versions of the Fluidicshoks for industrial application on cranes and crane trolleys, truck docks, ladle and ingot cars, ore trolleys, and train car stops.See AlsoFive stocks we like better than Taylor DevicesWhat Are Treasury Bonds?Lowe’s vs. Home Depot: Which Benefits More From Lower Rates?Want to Profit on the Downtrend? Downtrends, Explained.These 5 Beaten-Down Tech Stocks Could Catch Fire NextWhat Are the U.K. Market Holidays? How to Invest and TradeFalcon Flex Drives Growth as CrowdStrike Bets on AI SecurityThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Taylor Devices Right Now?Before you consider Taylor Devices, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Taylor Devices wasn't on the list.While Taylor Devices currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here