Taylor Devices, Inc. (TAYD) Shareholder/Analyst Call Transcript

Taylor Devices remains undervalued despite record-high backlog, with the market yet to fully reflect its improved fundamentals. Backlog surged from $20.8M to $55.2M, driven by robust, diversified demand across all product groups amid global geopolitical unrest. Recent EPS declined to $2.14, but the market anticipates a rebound as backlog converts to revenue; current price return suggests optimism.

Taylor Devices reported another weak quarter but maintains a record $55.2M backlog, signaling strong demand. Despite a 26% YoY revenue decline and a 44% revenue miss, strong operating cash flow and working capital shifts suggest unrecognized project activity. I see the revenue shortfall as a timing issue, not a demand problem, and expect backlog conversion to drive a sharp earnings rebound.

Taylor Devices, Inc. (TAYD) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.7 per share a year ago.

NORTH TONAWANDA, N.Y., Oct. 2, 2026 /PRNewswire/ -- Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") announced today that it had first quarter sales of $7,300,239, down from last year's first quarter sales of $9,918,350.

On September 30, 2026, Taylor Devices Inc (TAYD) shares fell 3.1% to $61.01, moving within a 52-week range of $40.50 to $90.37. This recent decline highlights t

TAYD faces pressure as fiscal 2026 revenue falls 10% year over year, margins contract and backlog shifts heavily toward aerospace/defense.

Taylor Devices' fiscal 2026 earnings per share decline year over year due to weaker structural sales and delayed customer orders.

Taylor Devices remains a Buy despite a weak FY2026, as a record $52.8M backlog signals delayed orders are now converting. The 154% sequential backlog surge, even excluding a $19M one-off order, supports management's claim that demand remains robust. 92% of the backlog is tied to Aerospace & Defense, providing revenue visibility and margin stability for FY2027.

Markets are clawing back from a brutal Thursday selloff, but the real action is in the analyst calls, where BMO Capital just pulled the trigger on three major chip stocks at once and DZ Bank opened SpaceX coverage with a Sell.