NASDAQ:TAIT

Taitron Components - TAIT Stock Forecast, Price & News

$4.25

+0.09 (+2.16%)

(As of 08/18/2022 10:39 AM ET)

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Today's Range: $4.25
▼
$4.25
50-Day Range: $3.36
▼
$4.18
52-Week Range: $3.16
▼
$4.97

Volume: 100 shs
Average Volume: 24,782 shs
Market Capitalization: $24.99 million

P/E Ratio: 10.72
Dividend Yield: 4.31%
Price Target: N/A

Taitron Components MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.03% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.96
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.45 out of 5 stars

Retail/Wholesale Sector

157th out of 218 stocks

Electronic Parts & Equipment, Not Elsewhere Classified Industry

8th out of 12 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Taitron Components.

5.0

Short Interest

Percentage of Shares Shorted
0.03% of the float of Taitron Components has been sold short.
Short Interest Ratio / Days to Cover
Taitron Components has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Taitron Components has recently decreased by 50.00%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Taitron Components is a leading dividend payer. It pays a dividend yield of 4.31%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Taitron Components has only been increasing its dividend for 4 years.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TAIT.

3.9

News and Social Media Coverage

News Sentiment
Taitron Components has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Taitron Components this week, compared to 0 articles on an average week.
Search Interest
3 people have searched for TAIT on MarketBeat in the last 30 days.
MarketBeat Follows
5 people have added Taitron Components to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Taitron Components insiders have not sold or bought any company stock.
Percentage Held by Insiders
60.49% of the stock of Taitron Components is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 15.08% of the stock of Taitron Components is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Taitron Components is 10.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.04.
Price to Earnings Ratio vs. Sector
The P/E ratio of Taitron Components is 10.72, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 36.58.
Price to Book Value per Share Ratio
Taitron Components has a P/B Ratio of 1.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Taitron Components (NASDAQ:TAIT) Stock

Taitron Components Incorporated engages in the supply of original designed and manufactured (ODM) electronic components, and distribution of brand name electronic components. The company distributes discrete semiconductors, commodity integrated circuits, optoelectronic devices, and passive components. It also offers value-added engineering and turn-key solutions focusing on providing contract electronic manufacturers (CEMs) and original equipment manufacturers (OEMs) with ODM products for their turn-key projects. The company serves other electronic distributors, CEMs, and OEMs in the United States, South Korea, China, Taiwan, and internationally. It has strategic allies with Teamforce Co. Ltd.; Grand Shine Management; and Zowie Technology Corporation. The company was incorporated in 1989 and is headquartered in Valencia, California.

Taitron Components Trading Down 0.4 %

Shares of NASDAQ:TAIT opened at $4.17 on Thursday. The stock has a fifty day simple moving average of $3.65 and a two-hundred day simple moving average of $3.67. The stock has a market capitalization of $24.49 million, a price-to-earnings ratio of 10.72 and a beta of 1.17. Taitron Components has a 12-month low of $3.16 and a 12-month high of $4.97.

Taitron Components (NASDAQ:TAIT - Get Rating) last posted its quarterly earnings results on Monday, May 16th. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $1.55 million during the quarter. Taitron Components had a return on equity of 12.26% and a net margin of 45.13%.

Taitron Components Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 31st. Stockholders of record on Friday, August 12th will be issued a dividend of $0.045 per share. This represents a $0.18 dividend on an annualized basis and a dividend yield of 4.32%. The ex-dividend date is Thursday, August 11th.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Taitron Components in a research note on Wednesday. They set a "hold" rating for the company.

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TAIT Stock News Headlines

August 18, 2022 | americanbankingnews.com

Taitron Components (NASDAQ:TAIT) Coverage Initiated by Analysts at StockNews.com

August 10, 2022 | americanbankingnews.com

Taitron Components (NASDAQ:TAIT) Research Coverage Started at StockNews.com

August 8, 2022 | finance.yahoo.com

Only Two Days Left To Cash In On Taitron Components' (NASDAQ:TAIT) Dividend

August 5, 2022 | nasdaq.com

If EPS Growth Is Important To You, Taitron Components (NASDAQ:TAIT) Presents An Opportunity

August 4, 2022 | finance.yahoo.com

Taitron Components (NASDAQ:TAIT) Will Pay A Dividend Of $0.045

August 1, 2022 | americanbankingnews.com

StockNews.com Initiates Coverage on Taitron Components (NASDAQ:TAIT)

July 29, 2022 | finance.yahoo.com

CORRECTION -- Taitron Announces Quarterly Cash Dividend

July 28, 2022 | thestreet.com

Taitron Components Incorporated

July 25, 2022 | americanbankingnews.com

StockNews.com Begins Coverage on Taitron Components (NASDAQ:TAIT)

May 26, 2022 | finance.yahoo.com

Should You Be Adding Taitron Components (NASDAQ:TAIT) To Your Watchlist Today?

May 26, 2022 | finance.yahoo.com

Should You Be Adding Taitron Components (NASDAQ:TAIT) To Your Watchlist Today?

May 1, 2022 | marketwatch.com

Taitron Components to Pay Special Dividend

April 29, 2022 | apnews.com

Taitron Announces Special Cash Dividend and Quarterly Cash Dividend

April 29, 2022 | seekingalpha.com

Taitron Components declares $0.045 dividend and declared a special dividend of $0.10

April 29, 2022 | finance.yahoo.com

Taitron Announces Special Cash Dividend and Quarterly Cash Dividend

March 26, 2022 | finance.yahoo.com

We Like These Underlying Return On Capital Trends At Taitron Components (NASDAQ:TAIT)

February 6, 2022 | nasdaq.com

There's A Lot To Like About Taitron Components' (NASDAQ:TAIT) Upcoming US$0.045 Dividend

February 6, 2022 | finance.yahoo.com

Is It Smart To Buy Taitron Components Incorporated (NASDAQ:TAIT) Before It Goes Ex-Dividend?

January 30, 2022 | morningstar.com

Taitron Components Inc Class A TAIT

January 28, 2022 | seekingalpha.com

Taitron Components declares $0.045 dividend

January 12, 2022 | nasdaq.com

I Ran A Stock Scan For Earnings Growth And Taitron Components (NASDAQ:TAIT) Passed With Ease

December 20, 2021 | finance.yahoo.com

Taitron Components Incorporated (NASDAQ:TAIT) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

November 5, 2021 | finance.yahoo.com

Here's Why I Think Taitron Components (NASDAQ:TAIT) Might Deserve Your Attention Today

October 29, 2021 | finance.yahoo.com

Taitron Announces Quarterly Cash Dividend Increase of 12.5%

September 21, 2021 | finance.yahoo.com

Taitron Components (NASDAQ:TAIT) Is Experiencing Growth In Returns On Capital

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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TAIT Company Calendar

Ex-Dividend for 5/31 Dividend: 5/12/2022
Dividend Payable: 5/31/2022
Ex-Dividend for 8/31 Dividend: 8/11/2022
Today: 8/18/2022
Next Earnings (Estimated): 8/22/2022
Dividend Payable: 8/31/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Electronic parts & equipment, not elsewhere classified
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NASDAQ:TAIT
CUSIP: N/A
CIK: 942126
Web: www.taitroncomponents.com
Phone: (661) 257-6060
Fax: 661-257-6415
Employees: 16
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 10.72
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $2.01 million
Net Margins: 45.13%
Pretax Margin: 27.06%
Return on Equity: 12.26%
Return on Assets: 10.99%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 10.99
Quick Ratio: 7.08

Sales & Book Value

Annual Sales: $8.64 million
Price / Sales: 2.89
Cash Flow: $0.38 per share
Price / Cash Flow: 11.22
Book Value: $2.45 per share
Price / Book: 1.73

Miscellaneous

Outstanding Shares: 5,880,000
Free Float: 2,322,000
Market Cap: $24.99 million
Optionable: Not Optionable
Beta: 1.17

Key Executives

Mr. Stewart Wang (Age 72)
Co-Founder, CEO, Pres & Director
Comp: $219.4k
Mr. David H. Vanderhorst (Age 57)
CFO & Corp. Sec.
Comp: $171.1k
Mr. Tzu Sheng Ku (Age 73)
Co-Founder & Chairman

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TAIT Stock - Frequently Asked Questions

How have TAIT shares performed in 2022?: Taitron Components' stock was trading at $4.03 at the beginning of 2022. Since then, TAIT stock has increased by 3.3% and is now trading at $4.1650.
View the best growth stocks for 2022 here.
How often does Taitron Components pay dividends? What is the dividend yield for Taitron Components?: Taitron Components announced a quarterly dividend on Friday, July 29th. Stockholders of record on Friday, August 12th will be given a dividend of $0.045 per share on Wednesday, August 31st. This represents a $0.18 annualized dividend and a dividend yield of 4.32%. The ex-dividend date of this dividend is Thursday, August 11th.
Read our dividend analysis for TAIT.
Is Taitron Components a good dividend stock?: Taitron Components (NASDAQ:TAIT) pays an annual dividend of $0.18 per share and currently has a dividend yield of 4.31%. TAIT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for TAIT.
What other stocks do shareholders of Taitron Components own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Taitron Components investors own include Riot Blockchain (RIOT), Sierra Oncology (SRRA), Co-Diagnostics (CODX), Tonix Pharmaceuticals (TNXP), Energous (WATT), Actinium Pharmaceuticals (ATNM), Cellectar Biosciences (CLRB), Inpixon (INPX), Kopin (KOPN) and

What is Taitron Components' stock symbol?: Taitron Components trades on the NASDAQ under the ticker symbol "TAIT."
Who are Taitron Components' major shareholders?: Taitron Components' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (6.18%). Insiders that own company stock include Craig Miller and David Vanderhorst.
View institutional ownership trends.
How do I buy shares of Taitron Components?: Shares of TAIT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Taitron Components' stock price today?: One share of TAIT stock can currently be purchased for approximately $4.17.
How much money does Taitron Components make?: Taitron Components (NASDAQ:TAIT) has a market capitalization of $24.49 million and generates $8.64 million in revenue each year.
How can I contact Taitron Components?: Taitron Components' mailing address is 28040 WEST HARRISON PARKWAY, VALENCIA CA, 91355. The official website for the company is www.taitroncomponents.com. The company can be reached via phone at (661) 257-6060, via email at dvanderhorst@taitroncomponents.com, or via fax at 661-257-6415.

This page (NASDAQ:TAIT) was last updated on 8/18/2022 by MarketBeat.com Staff

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Taitron Components - TAIT Stock Forecast, Price & News

Taitron Components MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month