Nordson (NASDAQ:NDSN) Releases Q1 Earnings Guidance

Nordson (NASDAQ:NDSNGet Free Report) updated its first quarter earnings guidance on Wednesday. The company provided earnings per share guidance of $1.95-$2.15 for the period, compared to the consensus earnings per share estimate of $2.30. The company issued revenue guidance of $615-$655 million, compared to the consensus revenue estimate of $681.69 million. Nordson also updated its FY 2025 guidance to 9.700-10.500 EPS.

Nordson Stock Performance

NASDAQ:NDSN opened at $229.11 on Friday. The firm has a market capitalization of $13.10 billion, a PE ratio of 28.25, a PEG ratio of 1.85 and a beta of 0.90. The stock’s fifty day moving average is $254.50 and its 200 day moving average is $245.81. Nordson has a fifty-two week low of $222.18 and a fifty-two week high of $279.38. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.52 and a current ratio of 2.36.

Nordson (NASDAQ:NDSNGet Free Report) last announced its earnings results on Wednesday, December 11th. The industrial products company reported $2.78 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.19. The business had revenue of $744.00 million for the quarter, compared to the consensus estimate of $736.83 million. Nordson had a net margin of 17.37% and a return on equity of 20.12%. The business’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.46 earnings per share. On average, sell-side analysts anticipate that Nordson will post 10.35 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Robert W. Baird boosted their target price on shares of Nordson from $272.00 to $287.00 and gave the company an “outperform” rating in a research note on Friday, August 23rd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Nordson presently has a consensus rating of “Moderate Buy” and an average price target of $299.00.

Read Our Latest Report on NDSN

Insider Activity at Nordson

In other Nordson news, EVP Joseph P. Kelley sold 3,000 shares of the stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of $249.98, for a total transaction of $749,940.00. Following the sale, the executive vice president now owns 8,659 shares of the company’s stock, valued at approximately $2,164,576.82. This trade represents a 25.73 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Jennifer L. Mcdonough sold 225 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $262.27, for a total value of $59,010.75. Following the completion of the transaction, the executive vice president now directly owns 3,287 shares of the company’s stock, valued at approximately $862,081.49. The trade was a 6.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,629 shares of company stock worth $914,400 over the last three months. 0.86% of the stock is owned by corporate insiders.

Nordson Company Profile

(Get Free Report)

Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. It operates through three segments: Industrial Precision Solutions; Medical and Fluid Solutions; and Advanced Technology Solutions.

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Earnings History and Estimates for Nordson (NASDAQ:NDSN)

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