Nordson Co. (NASDAQ:NDSN - Free Report) - Investment analysts at KeyCorp issued their FY2025 earnings estimates for shares of Nordson in a research report issued on Tuesday, March 4th. KeyCorp analyst J. Hammond forecasts that the industrial products company will post earnings per share of $9.90 for the year. KeyCorp has a "Overweight" rating and a $260.00 price target on the stock. The consensus estimate for Nordson's current full-year earnings is $10.20 per share.
NDSN has been the subject of several other research reports. Loop Capital raised Nordson from a "hold" rating to a "buy" rating and upped their price target for the company from $255.00 to $280.00 in a report on Wednesday, January 22nd. BNP Paribas cut shares of Nordson from an "outperform" rating to a "neutral" rating and set a $219.00 price objective for the company. in a research note on Monday, February 24th. DA Davidson lowered their target price on shares of Nordson from $295.00 to $285.00 and set a "buy" rating on the stock in a research note on Friday, December 13th. Robert W. Baird reiterated a "neutral" rating and issued a $237.00 price objective (down from $294.00) on shares of Nordson in a research note on Friday, December 13th. Finally, Baird R W downgraded Nordson from a "strong-buy" rating to a "hold" rating in a research report on Friday, December 13th. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Nordson currently has a consensus rating of "Moderate Buy" and a consensus price target of $256.20.
Read Our Latest Stock Analysis on NDSN
Nordson Stock Performance
NASDAQ NDSN traded up $3.77 during midday trading on Thursday, hitting $215.31. The company had a trading volume of 398,741 shares, compared to its average volume of 354,574. The firm has a fifty day simple moving average of $213.28 and a two-hundred day simple moving average of $236.98. The stock has a market cap of $12.25 billion, a price-to-earnings ratio of 27.39, a P/E/G ratio of 1.65 and a beta of 0.92. The company has a quick ratio of 1.51, a current ratio of 2.53 and a debt-to-equity ratio of 0.72. Nordson has a fifty-two week low of $196.83 and a fifty-two week high of $279.38.
Nordson (NASDAQ:NDSN - Get Free Report) last announced its earnings results on Wednesday, February 19th. The industrial products company reported $2.06 earnings per share for the quarter, missing the consensus estimate of $2.08 by ($0.02). Nordson had a net margin of 16.93% and a return on equity of 19.28%. The business had revenue of $615.42 million for the quarter, compared to the consensus estimate of $639.40 million.
Nordson Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, March 20th will be given a dividend of $0.78 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $3.12 dividend on an annualized basis and a yield of 1.45%. Nordson's dividend payout ratio (DPR) is presently 39.69%.
Insiders Place Their Bets
In other Nordson news, EVP Stephen Lovass sold 1,299 shares of the business's stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $206.79, for a total value of $268,620.21. Following the completion of the transaction, the executive vice president now directly owns 7,347 shares of the company's stock, valued at approximately $1,519,286.13. The trade was a 15.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.80% of the company's stock.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. Siemens Fonds Invest GmbH bought a new stake in shares of Nordson during the fourth quarter worth $8,648,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Nordson during the 4th quarter worth about $15,292,000. Forum Financial Management LP acquired a new position in Nordson during the 4th quarter valued at about $204,000. Toronto Dominion Bank boosted its stake in shares of Nordson by 59.4% in the 4th quarter. Toronto Dominion Bank now owns 29,070 shares of the industrial products company's stock valued at $6,083,000 after purchasing an additional 10,832 shares during the last quarter. Finally, Novem Group bought a new position in shares of Nordson in the 4th quarter valued at about $672,000. Institutional investors own 72.11% of the company's stock.
Nordson Company Profile
(
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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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