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 guidance of $9.70-$10.50 for the period, compared to the consensus earnings per share 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.

Analyst Ratings Changes

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

Nordson Price Performance

Shares of NASDAQ NDSN traded down $3.32 during mid-day trading on Wednesday, reaching $249.55. 526,376 shares of the company were exchanged, compared to its average volume of 234,474. Nordson has a 52 week low of $222.18 and a 52 week high of $279.38. The company’s 50 day moving average price is $255.25 and its 200 day moving average price is $245.91. The stock has a market capitalization of $14.27 billion, a PE ratio of 30.80, a PEG ratio of 1.89 and a beta of 0.90. The company has a quick ratio of 1.52, a current ratio of 2.36 and a debt-to-equity ratio of 0.49.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings results on Wednesday, December 11th. The industrial products company reported $2.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.19. The firm had revenue of $744.00 million during the quarter, compared to analyst estimates of $736.83 million. Nordson had a return on equity of 19.80% and a net margin of 17.75%. The company’s revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.46 earnings per share. Sell-side analysts forecast that Nordson will post 9.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Joseph P. Kelley sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of $249.98, for a total transaction of $749,940.00. Following the transaction, the executive vice president now directly owns 8,659 shares of the company’s stock, valued at approximately $2,164,576.82. This trade represents a 25.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Stephen Lovass sold 317 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $260.75, for a total value of $82,657.75. Following the completion of the sale, the executive vice president now directly owns 6,666 shares of the company’s stock, valued at approximately $1,738,159.50. This trade represents a 4.54 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 3,629 shares of company stock valued at $914,400. 0.86% of the stock is currently owned by corporate insiders.

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.