Nordson (NDSN) Scheduled to Post Earnings on Thursday

Nordson (NASDAQ:NDSN) is scheduled to be releasing its earnings data after the market closes on Thursday, February 22nd. Analysts expect Nordson to post earnings of $1.12 per share for the quarter. Nordson has set its Q1 guidance at $1.29-1.39 EPS.

Nordson (NASDAQ:NDSN) last issued its earnings results on Wednesday, December 13th. The industrial products company reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.05. The firm had revenue of $574.00 million for the quarter, compared to the consensus estimate of $546.76 million. Nordson had a net margin of 14.31% and a return on equity of 30.54%. The business’s revenue was up 12.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.39 earnings per share. On average, analysts expect Nordson to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Nordson (NASDAQ NDSN) opened at $139.63 on Thursday. The stock has a market cap of $7,914.75, a P/E ratio of 25.50, a PEG ratio of 1.48 and a beta of 1.30. Nordson has a 52 week low of $107.16 and a 52 week high of $151.84. The company has a quick ratio of 0.96, a current ratio of 1.37 and a debt-to-equity ratio of 1.10.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 6th. Stockholders of record on Tuesday, February 20th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Friday, February 16th. This represents a $1.20 annualized dividend and a dividend yield of 0.86%. Nordson’s dividend payout ratio is presently 23.62%.

In other news, VP Robert E. Veillette sold 1,594 shares of the business’s stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $142.19, for a total transaction of $226,650.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Joseph P. Keithley sold 1,518 shares of the business’s stock in a transaction that occurred on Thursday, January 4th. The shares were sold at an average price of $149.89, for a total transaction of $227,533.02. The disclosure for this sale can be found here. Insiders have sold 84,597 shares of company stock valued at $12,623,580 over the last three months. 2.01% of the stock is owned by corporate insiders.

Several brokerages have recently issued reports on NDSN. Barrington Research reiterated a “market perform” rating on shares of Nordson in a research note on Tuesday, January 9th. BidaskClub downgraded shares of Nordson from a “buy” rating to a “hold” rating in a research note on Thursday, January 25th. KeyCorp reiterated a “buy” rating and issued a $165.00 target price (up previously from $145.00) on shares of Nordson in a research note on Wednesday, January 3rd. Gabelli downgraded shares of Nordson from a “buy” rating to a “hold” rating in a research note on Friday, December 15th. Finally, SunTrust Banks upped their target price on shares of Nordson to $166.00 and gave the stock a “buy” rating in a research note on Friday, December 15th. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the company. Nordson currently has an average rating of “Hold” and a consensus price target of $147.40.

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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 for Nordson (NASDAQ:NDSN)

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