NASDAQ:TAIT

Taitron Components - TAIT Stock Forecast, Price & News

$3.60

-0.01 (-0.28%)

(As of 03/31/2023 02:41 PM ET)

Add

Compare

Today's Range: $3.55
▼
$3.61
50-Day Range: $3.52
▼
$4.09
52-Week Range: $3.16
▼
$4.32

Volume: 4,262 shs
Average Volume: 9,807 shs
Market Capitalization: $21.17 million

P/E Ratio: N/A
Dividend Yield: 5.56%
Price Target: N/A

Institutional Ownership

Taitron Components MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.01% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.72
Based on 4 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.

1.96 out of 5 stars

Retail/Wholesale Sector

139th out of 212 stocks

Electronic Parts & Equipment, Not Elsewhere Classified Industry

5th out of 9 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
0.01% 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 75.00%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
Taitron Components is a leading dividend payer. It pays a dividend yield of 5.56%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Taitron Components has been increasing its dividend for 5 years.

N/A

Sustainability and ESG

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

2.6

News and Social Media Coverage

News Sentiment
Taitron Components has a news sentiment score of 0.72. 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 0.46 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Taitron Components this week, compared to 0 articles on an average week.
Search Interest
Only 7 people have searched for TAIT on MarketBeat in the last 30 days. This is a decrease of -22% compared to the previous 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 15.50% of the stock of Taitron Components is held by institutions.

0.0

Earnings and Valuation

Price to Book Value per Share Ratio
Taitron Components has a P/B Ratio of 1.47. 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, Inc. engages in the manufacture and distribution of original designed and manufactured products and electronic components. It also offers discrete semiconductors and commodity integrated circuits, optoelectronic devices, passive components, and value-added engineering and turnkey services. The company was founded by Stewart Wang and Tzu Sheng Ku in 1989 and is headquartered in Valencia, CA.

Receive TAIT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Taitron Components and its competitors with MarketBeat's FREE daily newsletter.

TAIT Stock News Headlines

March 30, 2023 | americanbankingnews.com

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

March 30, 2023 | seekingalpha.com

TAIT Taitron Components Incorporated

March 31, 2023 | Legacy Research (Affiliate) (Ad)

"Prepare for Five Years of Famine"

Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast

February 3, 2023 | finance.yahoo.com

Taitron Components (NASDAQ:TAIT) Will Pay A Dividend Of $0.05

December 20, 2022 | finance.yahoo.com

A Look At The Fair Value Of Taitron Components Incorporated (NASDAQ:TAIT)

December 4, 2022 | finance.yahoo.com

Will Weakness in Taitron Components Incorporated's (NASDAQ:TAIT) Stock Prove Temporary Given Strong Fundamentals?

November 17, 2022 | finance.yahoo.com

Taitron Components Third Quarter 2022 Earnings: EPS: US$0.081 (vs US$0.12 in 3Q 2021)

November 5, 2022 | finance.yahoo.com

Should Income Investors Look At Taitron Components Incorporated (NASDAQ:TAIT) Before Its Ex-Dividend?

March 31, 2023 | Stansberry Research (Ad)

The gold catalyst we’ve waited for

If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.

November 4, 2022 | msn.com

Taitron Components's Ex-Dividend Date Is Wednesday, Here's What You Need To Know

October 29, 2022 | finance.yahoo.com

Taitron Announces Quarterly Cash Dividend Increase of 11.1%

September 15, 2022 | nasdaq.com

Taitron Components' (NASDAQ:TAIT) Returns On Capital Are Heading Higher

September 2, 2022 | finance.yahoo.com

Taitron Components (NASDAQ:TAIT) Is Doing The Right Things To Multiply Its Share Price

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

July 29, 2022 | finance.yahoo.com

CORRECTION -- Taitron Announces Quarterly Cash Dividend

July 28, 2022 | thestreet.com

Taitron Components Incorporated

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?

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive TAIT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Taitron Components and its competitors with MarketBeat's FREE daily newsletter.

TAIT Company Calendar

Ex-Dividend for 2/28 Dividend: 2/09/2023
Dividend Payable: 2/28/2023
Today: 3/31/2023
Next Earnings (Estimated): 4/03/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

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: 1989

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $2.01 million
Net Margins: 39.77%
Pretax Margin: 24.90%
Return on Equity: 10.30%
Return on Assets: 9.35%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 12.97
Quick Ratio: 8.64

Sales & Book Value

Annual Sales: $8.64 million
Price / Sales: 2.44
Cash Flow: $0.37 per share
Price / Cash Flow: 9.66
Book Value: $2.45 per share
Price / Book: 1.47

Miscellaneous

Outstanding Shares: 5,880,000
Free Float: 2,322,000
Market Cap: $21.11 million
Optionable: Not Optionable
Beta: 1.07

Social Links

Key Executives

Stewart Wang
President, Chief Executive Officer & Director

David Vanderhorst
Chief Financial Officer & Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TAIT Stock - Frequently Asked Questions

How have TAIT shares performed in 2023?: Taitron Components' stock was trading at $3.48 at the start of the year. Since then, TAIT stock has increased by 3.2% and is now trading at $3.59.
View the best growth stocks for 2023 here.
Are investors shorting Taitron Components?: Taitron Components saw a decline in short interest in March. As of March 15th, there was short interest totaling 400 shares, a decline of 75.0% from the February 28th total of 1,600 shares. Based on an average daily trading volume, of 9,700 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.
View Taitron Components' Short Interest.
When is Taitron Components' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 3rd 2023.
View our TAIT earnings forecast.
How often does Taitron Components pay dividends? What is the dividend yield for Taitron Components?: Taitron Components declared a quarterly dividend on Friday, January 27th. Stockholders of record on Friday, February 10th will be paid a dividend of $0.05 per share on Tuesday, February 28th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.57%. The ex-dividend date of this dividend is Thursday, February 9th.
Read our dividend analysis for TAIT.
Is Taitron Components a good dividend stock?: Taitron Components (NASDAQ:TAIT) pays an annual dividend of $0.20 per share and currently has a dividend yield of 5.56%. 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 Platforms (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 number of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (5.47%) and Noesis Capital Mangement Corp (5.22%). 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 $3.59.
How much money does Taitron Components make?: Taitron Components (NASDAQ:TAIT) has a market capitalization of $21.11 million and generates $8.64 million in revenue each year.
Does Taitron Components have any subsidiaries?: The following companies are subsidiares of Taitron Components: Taitron (Yangzhou) Electronic Co. Ltd., Taitron (Yangzhou) Electronic Trade Co. Ltd., Taitron (Yangzhou) Electronic Trade Co. Ltd. Shanghai Branch, Taitron Components Incorporated e Representações do Brasil LTDA, Taitron Components Mexico S.A. de C.V., and Taitron Components Taiwan Branch (U.S.A.).
Read More
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 3/31/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Taitron Components - TAIT Stock Forecast, Price & News

Taitron Components MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Dividend Leadership

Dividend Growth

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Insider Buying vs. Insider Selling

Percentage Held by Insiders

Percentage Held by Institutions

Earnings and Valuation

Price to Book Value per Share Ratio

About Taitron Components (NASDAQ:TAIT) Stock

TAIT Stock News Headlines

TAIT Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

TAIT Stock - Frequently Asked Questions

Overall MarketRank^™