How to Buy Taylor Devices Stock
Taylor Devices Inc
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 North America, Asia, and internationally.
Taylor Devices stock last closed at $51.83, down 1.13% from the previous day, and has increased 139.07% in one year. It has overperformed other stocks in the Specialty Industrial Machinery industry by 1.05 percentage points. Taylor Devices stock is currently +186.99% from its 52-week low of $18.06, and -15.99% from its 52-week high of $61.70.
As of Apr 26, 2024, there are 3.09M TAYD shares outstanding. The market cap of TAYD is $160.36M. In the past 24 hours, 10,119 TAYD shares were traded.
How to Buy Taylor Devices Stock
Not sure how to invest in Taylor Devices stock? Here's how.
- Decide where to buy Taylor Devices stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Taylor Devices stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your method of payment and add your info.
- Evaluate Taylor Devices stock: The Taylor Devices ticker symbol is TAYD. Is Taylor Devices stock a good investment? Should you buy shares of TAYD? How do TAYD's underlying business fundamentals look? Do top analysts think Taylor Devices is a good buy? Why has TAYD's stock price moved recently? (Hint: Our stock market research website can help you decide if TAYD is a good stock to buy).
- Execute your TAYD purchase: Decide if you will purchase TAYD shares at the current market price or use a limit order to purchase TAYD stock at a particular price.
- Get the latest scoop on your investment in TAYD: Create a watchlist to key updates about your new investment in Taylor Devices shares.
Step 1: Decide where to buy Taylor Devices stock
You need a brokerage account to access the NASDAQ market and buy TAYD shares.
Our recommended brokerage: eToro
Based on our experience, eToro is the best stock brokerage. eToro gives you:
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Get $10 towards your purchase of stock by opening an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal info so you are able to buy TAYD today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've filled out your info on the stocks app, your next step is to transfer the money for your investment:
Check out the tutorial below for more details depositing money into your new investment account.
Step 4: Evaluate Taylor Devices stock
Once you have decided on the best place to buy Taylor Devices stock, it's important to research their stock prior to buying, so you truly wrap your head around the risk and upside.
Overview of key TAYD info
TAYD Due Diligence Checks
WallStreetZen was created to help average investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on TAYD's stock page.
Is TAYD stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge TAYD's true value.
Using relative valuations measures:
- TAYD could be undervalued based on its P/E ratio of 20.82x, relative to Specialty Industrial Machinery industry P/E ratio of 33.07x
- TAYD may be undervalued based on its P/B ratio of 3.35x, relative to Specialty Industrial Machinery industry P/B ratio of 4.98x
- TAYD could be undervalued based on its PEG ratio of 0.74x
You can do additional valuation analysis on TAYD's stock here.
TAYD Financial Health Summary
Passed Financial Due Diligence Checks:
- TAYD profit margin has gone up from 14.7% to 19.9% in the past year.
- TAYD earnings of $9.72M is not enough to cover its interest payments.
- TAYD's operating cash flow of $13.04M allows it to safely service it's debt of $0.00.
- TAYD has a low debt to equity ratio of 0.15.
- There are more short-term assets than short-term liabilities on the TAYD balance sheet.
- There are more short-term assets than long-term liabilities on the TAYD balance sheet.
Failed Financial Due Diligence Checks:
- Total TAYD debt is higher than 5 years ago, relative to shareholder equity.
Metrics for Advanced TAYD Traders
TAYD Revenue
Last year, TAYD earnings were $8.59M. In the last 5 year, TAYD's earnings have grown by 38.42% per year. This was faster than the Specialty Industrial Machinery industry average of -0.27%.
Last year, TAYD revenue was $43.24M. During the last five year, TAYD's revenue has grown by 6.87% per year. This was faster than the Specialty Industrial Machinery industry average of 3.97%.
You can analyze TAYD's earnings and revenue performance here.
Who is buying/selling TAYD?
In the last year, insiders at TAYD have sold more shares than they have bought.
John Burgess, Director of TAYD, was the latest TAYD insider to buy. They bought $44,925.00 worth of TAYD stock on Apr 8, 2024.
Research more about who owns TAYD stock here.
Can I get consistent income from TAYD stock?
No, Taylor Devices doesn't provide an income stream by paying out dividends.
TAYD Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your TAYD purchase
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.
Press the Open button and your broker will place your order.
If you want more help with investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your investment in TAYD
Now that you own some shares in TAYD, you'll want to keep up with your new company.
Make a watchlist to track your TAYD stock.
TAYD Feed
How to Buy Stock in Taylor Devices
To summarize, here are the 6 steps to buy stock in Taylor Devices:
- Decide where to buy Taylor Devices stock
- Create a brokerage account
- Fund your investment account
- Evaluate Taylor Devices stock
- Execute your TAYD purchase
- Get the latest scoop on your investment in TAYD
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Taylor Devices, create a watchlist on WallStreetZen today.
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