Taylor Devices stock reports a sharp fiscal first quarter miss

Published on 10/07/2026 at 02:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Taylor Devices stock carries a USD 70.00 consensus target after four analysts split between Strong Buy, Buy and Hold on October 3, 2026. Q1 sales fell to USD 7.30 million.

TAYD, US8771631053, Illustration mit AI erstellt.

Taylor Devices stock (ISIN US8771631053) was last at USD 59.88 on the Nasdaq on October 6, 2026 at 4:30 p.m. ET, up 2.24 percent on the session. The company reported a sharp fiscal first-quarter earnings miss on October 2, with sales and net earnings both falling from the prior-year period.

Sales fall in fiscal Q1

According to PR Newswire on October 2, 2026, fiscal Q1 2027 sales for the three months ended August 31, 2026, totaled USD 7,300,239, compared with USD 9,918,350 a year earlier. Net earnings fell to USD 456,933 from USD 2,190,084, while earnings per share declined to USD 0.14 from USD 0.70.

The figures show the pressure on quarterly profitability: net earnings dropped 79.1 percent year over year, while earnings per share fell 80 percent. Management attributed the sales timing to orders received late in fiscal 2026 that were not recognized in the first quarter.

Backlog reaches USD 55.2 million

The counterpoint is the order book. PR Newswire reported that firm order backlog reached a record USD 55.2 million, compared with USD 52.8 million at fiscal 2026 year-end. All three product groups contributed to the quarter's order intake.

That contrast defines the stock's near-term setup. Revenue conversion weakened in fiscal Q1, but the backlog increased by USD 2.4 million from the prior year-end, leaving execution and delivery timing as the key operating variables for the remainder of fiscal 2027.

Consensus target remains above price

According to MarketBeat on October 3, 2026, Zacks Research rated Taylor Devices Hold, while the published consensus was Moderate Buy from four analysts: one Strong Buy, one Buy and two Hold ratings. The average price target was USD 70.00, which lies 16.9 percent above the USD 59.88 price.

MarketBeat also reported that the latest quarter came in at USD 0.14 earnings per share versus a USD 0.92 consensus estimate and USD 7.30 million of revenue versus USD 13.10 million expected. The backlog provides a measurable support, but the earnings comparison shows why the market remains sensitive to the pace of order conversion.

Stock last at USD 59.88

Taylor Devices stock was last at USD 59.88 on the Nasdaq on October 6, 2026 at 4:30 p.m. ET, with a 52-week range of USD 40.50 to USD 90.37 and market capitalization of USD 210.1 million.