Nordson Corp. SVP Peter Lambert Unloads 2,000 Shares (NDSN)
Nordson Corp. (NASDAQ:NDSN) SVP Peter Lambert sold 2,000 shares of the stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $71.56, for a total transaction of $143,120.00. Following the completion of the sale, the senior vice president now directly owns 25,558 shares in the company, valued at approximately $1,828,930. The sale was disclosed in a document filed with the SEC, which is available at this link.
Separately, analysts at Zacks upgraded shares of Nordson Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, October 28th. They now have a $74.40 price target on the stock. Four equities research analysts have rated the stock with a hold rating, The company has an average rating of “Hold” and an average target price of $71.35.
Nordson Corp. (NASDAQ:NDSN) traded down 2.09% during mid-day trading on Monday, hitting $70.78. 125,946 shares of the company’s stock traded hands. Nordson Corp. has a 1-year low of $60.76 and a 1-year high of $75.88. The stock has a 50-day moving average of $72.91 and a 200-day moving average of $72.25. The company has a market cap of $4.548 billion and a price-to-earnings ratio of 21.14.
Nordson Corp. (NASDAQ:NDSN) last released its earnings data on Wednesday, December 11th. The company reported $0.93 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.96 by $0.03. The company had revenue of $410.82 million for the quarter, compared to the consensus estimate of $403.81 million. During the same quarter last year, the company posted $1.07 earnings per share. Nordson Corp.’s revenue was down 6.4% compared to the same quarter last year. On average, analysts predict that Nordson Corp. will post $3.81 earnings per share for the current fiscal year.
Nordson Corporation is a manufacturer of equipment used for precision material dispensing, testing and inspection, surface preparation and curing.
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