Nordson (NASDAQ:NDSN – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 9.700-10.500 for the period, compared to the consensus EPS estimate of 10.380. The company issued revenue guidance of $2.8 billion-$2.9 billion, compared to the consensus revenue estimate of $2.9 billion. Nordson also updated its FY25 guidance to $9.70-$10.50 EPS.
Wall Street Analysts Forecast Growth
Separately, Robert W. Baird upped their price objective on shares of Nordson from $272.00 to $287.00 and gave the stock an “outperform” rating in a report on Friday, August 23rd. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $299.00.
View Our Latest Report on Nordson
Nordson Trading Down 8.2 %
Nordson (NASDAQ:NDSN – Get Free Report) last released its quarterly earnings results on Wednesday, December 11th. The industrial products company reported $2.78 earnings per share for the quarter, beating analysts’ consensus estimates of $2.59 by $0.19. The company had revenue of $744.00 million for the quarter, compared to analyst estimates of $736.83 million. Nordson had a net margin of 17.37% and a return on equity of 20.12%. The firm’s revenue was up 3.5% on a year-over-year basis. During the same period last year, the firm earned $2.46 earnings per share. On average, analysts predict that Nordson will post 10.35 EPS for the current fiscal year.
Insider Activity
In related news, EVP Joseph P. Kelley sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $249.98, for a total value of $749,940.00. Following the transaction, the executive vice president now owns 8,659 shares in the company, valued at approximately $2,164,576.82. This represents a 25.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Jennifer L. Mcdonough sold 225 shares of the company’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $262.27, for a total value of $59,010.75. Following the transaction, the executive vice president now directly owns 3,287 shares in the company, valued at $862,081.49. This represents a 6.41 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,629 shares of company stock valued at $914,400 over the last three months. Corporate insiders own 0.86% of the company’s stock.
About Nordson
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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