Financial Contrast: Taylor Devices (TAYD) vs. The Competition

Taylor Devices (NASDAQ:TAYD) is one of 436 publicly-traded companies in the “Machinery” industry, but how does it weigh in compared to its peers? We will compare Taylor Devices to similar companies based on the strength of its profitability, valuation, analyst recommendations, institutional ownership, earnings, risk and dividends.

Profitability

This table compares Taylor Devices and its peers’ 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	-1,044.19%	-15.05%	0.53%

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Taylor Devices	$39.03 million	$8.56 million	27.47
Taylor Devices Competitors	$4.66 billion	$364.05 million	4.99

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

Risk and Volatility

Taylor Devices has a beta of 0.97, meaning that its share price is 3% less volatile than the S&P 500. Comparatively, Taylor Devices’ peers have a beta of 5.10, meaning that their average share price is 410% more volatile than the S&P 500.

Insider and Institutional Ownership

17.6% of Taylor Devices shares are owned by institutional investors. Comparatively, 51.8% of shares of all “Machinery” companies are owned by institutional investors. 7.7% of Taylor Devices shares are owned by company insiders. Comparatively, 14.2% of shares of all “Machinery” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent ratings and price targets for Taylor Devices and its peers, 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	4206	14711	18217	808	2.41

Taylor Devices currently has a consensus price target of $65.00, suggesting a potential upside of 14.30%. As a group, “Machinery” companies have a potential upside of 35.36%. Given Taylor Devices’ peers higher possible upside, analysts plainly believe Taylor Devices has less favorable growth aspects than its peers.

Summary

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

Taylor Devices Company Profile

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.