Taylor Devices Q4 sales fall sharply on order delays; aerospace drives backlog to record

Taylor Devices

18/08/2026 13:22

Overview
US shock absorption device maker's Q4 sales fell sharply yr/yr due to delayed customer orders
Q4 net income and EPS declined from prior year, reflecting lower sales volume
Company ended FY26 with record $52.8 mln firm order backlog, led by Aerospace/Defense

Outlook
Taylor Devices did not provide specific financial guidance or outlook for future periods in the press release

Result Drivers
ORDER TIMING - Co said delayed customer order placements pushed conversion of orders into sales beyond fiscal year, per CEO Tim Sopko
STRUCTURAL/INDUSTRIAL WEAKNESS - Lower sales volume in Structural and Industrial markets contributed to decline in net income, per CEO Tim Sopko
COST CONTROL - Management said cost control efforts kept gross margin as a percentage of sales 2 percentage points lower than prior year

Company press release: ID:nPn7Hvfw7a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
 
$8.95 mln
$12.80 mln (1 Analyst)
Q4 EPS
 
$0.58
 

Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy."
Wall Street's median 12-month price target for Taylor Devices Inc is $67.00, about 21.1% above its August 17 closing price of $55.35

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)