NasdaqCM:TAYDMachinery
Taylor Devices (TAYD) Stock Rallies On Margin Strength As Revenue Retreats
Taylor Devices stock added 3.2% in regular trading to close at US$57.70, even as the latest quarter showed thinner revenue and earnings than earlier in the year. The market is leaning into the story of a company that still carries a trailing P/E of 21.7x and a trailing net profit margin of 20.6%, and it is treating this print as confirmation rather than a warning.
For investors, the headline is simple: the quarter was softer on the top and bottom line, yet the sentiment around Taylor Devices...