Taylor Devices Falls 25% in Six Months: Should You Buy the Dip or Wait?

Taylor Devices (TAYD) has declined 25.1% over six months, underperforming its industry and the S&P 500. The company faces headwinds from weaker revenue (down 10%), margin pressure, customer concentration, and project timing volatility. However, a strengthened backlog of $52.8 million and solid aerospace/defense demand provide support. The stock appears overvalued at current levels, suggesting investors should wait for a better entry point.