Nordson (NASDAQ:NDSN) Issues FY25 Earnings Guidance

Nordson (NASDAQ:NDSN) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $9.70-$10.50 for the period, compared to the consensus estimate of $10.39. The company issued revenue guidance of $2.750-$2.870 billion, compared to the consensus revenue estimate of $2.93 billion. Nordson also updated its Q1 guidance to $1.95-$2.15 EPS.

Wall Street Analysts Forecast Growth

Separately, Robert W. Baird boosted their price objective on shares of Nordson from $272.00 to $287.00 and gave the stock an “outperform” rating in a research report on Friday, August 23rd. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $299.00.

Nordson Stock Performance

NASDAQ:NDSN traded down $3.32 during trading hours on Wednesday, reaching $249.55. The company had a trading volume of 521,234 shares, compared to its average volume of 234,452. The firm has a market cap of $14.27 billion, a price-to-earnings ratio of 30.80, a PEG ratio of 1.89 and a beta of 0.90. The company has a current ratio of 2.36, a quick ratio of 1.52 and a debt-to-equity ratio of 0.49. Nordson has a 52 week low of $222.18 and a 52 week high of $279.38. The firm’s 50 day moving average price is $255.25 and its 200-day moving average price is $245.91.

Nordson (NASDAQ:NDSN) last announced its earnings results on Wednesday, December 11th. The industrial products company reported $2.78 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.19. The company had revenue of $744.00 million for the quarter, compared to analysts’ expectations of $736.83 million. Nordson had a return on equity of 19.80% and a net margin of 17.75%. Nordson’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period last year, the firm earned $2.46 EPS. On average, analysts forecast that Nordson will post 9.55 EPS for the current year.

Insider Buying and Selling at Nordson

In other Nordson news, EVP Jennifer L. Mcdonough sold 225 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $262.27, for a total value of $59,010.75. Following the completion of the transaction, the executive vice president now directly owns 3,287 shares of the company’s stock, valued at approximately $862,081.49. The trade was a 6.41 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Joseph P. Kelley sold 3,000 shares of the company’s stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of $249.98, for a total value of $749,940.00. Following the completion of the transaction, the executive vice president now directly owns 8,659 shares of the company’s stock, valued at $2,164,576.82. The trade was a 25.73 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,629 shares of company stock worth $914,400 over the last quarter. 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.