Nordson (NASDAQ:NDSN) updated its first quarter earnings guidance on Wednesday. The company provided EPS guidance of $1.29-1.39 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.95. The company issued revenue guidance of +30-34% to $530-546 million, compared to the consensus revenue estimate of $449.42 million.

Several research firms recently commented on NDSN. Robert W. Baird reissued a hold rating and issued a $138.00 target price on shares of Nordson in a research note on Wednesday, October 4th. FBR & Co set a $160.00 target price on shares of Nordson and gave the company a buy rating in a research note on Monday, September 11th. KeyCorp reissued a buy rating and issued a $145.00 target price on shares of Nordson in a research note on Sunday, November 19th. BidaskClub downgraded shares of Nordson from a strong-buy rating to a buy rating in a research note on Friday, August 18th. Finally, B. Riley reissued a buy rating on shares of Nordson in a research note on Wednesday, November 1st. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Nordson currently has a consensus rating of Buy and a consensus price target of $140.33.

Nordson (NASDAQ NDSN) traded down $0.80 during midday trading on Wednesday, reaching $124.22. The company’s stock had a trading volume of 273,200 shares, compared to its average volume of 293,659. The stock has a market cap of $7,212.69, a PE ratio of 23.24, a PEG ratio of 1.44 and a beta of 1.40. Nordson has a 52-week low of $103.76 and a 52-week high of $131.49. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.47 and a current ratio of 2.10.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Tuesday, December 19th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 0.97%. The ex-dividend date is Monday, December 18th. Nordson’s dividend payout ratio (DPR) is currently 23.90%.

In other news, VP James E. Devries sold 5,000 shares of the stock in a transaction that occurred on Monday, September 25th. The stock was sold at an average price of $118.01, for a total transaction of $590,050.00. Following the completion of the transaction, the vice president now directly owns 41,937 shares in the company, valued at approximately $4,948,985.37. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 2.15% of the company’s stock.

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About Nordson

Nordson Corporation engineers, manufactures and markets differentiated products and systems used to dispense, apply and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids, to test and inspect for quality, and to treat and cure surfaces. The Company’s segments include Adhesive Dispensing Systems, Advanced Technology Systems and Industrial Coating Systems.

Earnings History and Estimates for Nordson (NASDAQ:NDSN)

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