Head-To-Head Analysis: Taylor Devices (TAYD) and Its Rivals

Taylor Devices (NASDAQ:TAYD) is one of 436 public companies in the “Machinery” industry, but how does it contrast to its competitors? We will compare Taylor Devices to related businesses based on the strength of its valuation, institutional ownership, profitability, analyst recommendations, earnings, risk and dividends.

Earnings & Valuation

This table compares Taylor Devices and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Taylor Devices	$41.65 million	$8.56 million	27.00
Taylor Devices Competitors	$4.63 billion	$364.05 million	3.54

Taylor Devices’ competitors have higher revenue and earnings than Taylor Devices. Taylor Devices is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Taylor Devices and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Taylor Devices	17.50%	9.64%	8.90%
Taylor Devices Competitors	-1,044.46%	-15.08%	0.55%

Insider and Institutional Ownership

17.6% of Taylor Devices shares are held by institutional investors. Comparatively, 51.7% of shares of all “Machinery” companies are held by institutional investors. 7.7% of Taylor Devices shares are held by insiders. Comparatively, 14.3% of shares of all “Machinery” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Risk & Volatility

Taylor Devices has a beta of 0.97, suggesting that its share price is 3% less volatile than the S&P 500. Comparatively, Taylor Devices’ competitors have a beta of 5.12, suggesting that their average share price is 412% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent recommendations for Taylor Devices and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Taylor Devices	0	3	0	1	2.50
Taylor Devices Competitors	4190	14675	18173	803	2.41

Taylor Devices currently has a consensus price target of $65.00, suggesting a potential upside of 16.30%. As a group, “Machinery” companies have a potential upside of 32.08%. Given Taylor Devices’ competitors higher probable upside, analysts plainly believe Taylor Devices has less favorable growth aspects than its competitors.

Summary

Taylor Devices competitors beat Taylor Devices on 7 of the 13 factors compared.

About Taylor Devices

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. The company's products also comprise self-adjusting shock absorbers that include versions of Fluidicshoks, and crane and industrial buffers, which automatically adjust to various impact conditions and are designed for high cycle application primarily in the heavy industry; liquid die springs that are used as component parts of machinery and equipment used in the manufacture of tools and dies; vibration dampers, which are primarily used by aerospace and defense industries to control the response of electronics and optical systems subjected to air, ship, or spacecraft vibration; machined springs used in the aerospace applications; and custom actuators for special aerospace and defense applications. It markets its products through a network of sales representatives and distributors. The company was incorporated in 1955 and is headquartered in North Tonawanda, New York.