Share on StockTwits

Nordson (NASDAQ:NDSN) is set to announce its Q314 earnings results on Thursday, August 21st. Analysts expect the company to announce earnings of $1.13 per share and revenue of $449.77 million for the quarter.

Nordson (NASDAQ:NDSN) opened at 79.64 on Wednesday. Nordson has a 52-week low of $65.78 and a 52-week high of $84.95. The stock has a 50-day moving average of $77.66 and a 200-day moving average of $75.23. The company has a market cap of $5.070 billion and a price-to-earnings ratio of 23.20.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 9th. Shareholders of record on Tuesday, August 26th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 1.11%. The ex-dividend date is Friday, August 22nd. This is a positive change from Nordson’s previous quarterly dividend of $0.18.

Several analysts have recently commented on the stock. Analysts at Wells Fargo & Co. initiated coverage on shares of Nordson in a research note on Wednesday, August 6th. They set a “market perform” rating on the stock. On a related note, analysts at Global Hunter Securities upgraded shares of Nordson from a “neutral” rating to an “accumulate” rating in a research note on Monday, July 14th. They now have a $85.00 price target on the stock, up previously from $80.00. Finally, analysts at Barrington Research upgraded shares of Nordson from a “market perform” rating to an “outperform” rating in a research note on Wednesday, June 18th. They now have a $95.00 price target on the stock. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Nordson presently has an average rating of “Buy” and a consensus price target of $87.25.

Nordson Corporation is a manufacturer of equipment used for precision material dispensing, testing and inspection, surface preparation and curing.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.