News articles about Nordson (NASDAQ:NDSN) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Nordson earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 45.9881740018349 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of brokerages have recently issued reports on NDSN. B. Riley reiterated a “buy” rating on shares of Nordson in a research report on Wednesday, November 1st. Longbow Research upgraded Nordson from a “neutral” rating to a “buy” rating and set a $140.00 price target for the company in a research report on Wednesday, September 20th. KeyCorp reiterated a “buy” rating and set a $145.00 price target on shares of Nordson in a research report on Sunday, November 19th. SunTrust Banks lifted their price target on Nordson to $166.00 and gave the company a “buy” rating in a research report on Friday, December 15th. Finally, Barrington Research restated a “market perform” rating on shares of Nordson in a research report on Tuesday, January 9th. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $147.40.
Nordson (NASDAQ:NDSN) traded up $1.02 during trading hours on Thursday, reaching $149.20. The company had a trading volume of 240,165 shares, compared to its average volume of 266,950. The company has a market cap of $8,620.00, a P/E ratio of 29.66, a price-to-earnings-growth ratio of 1.58 and a beta of 1.39. Nordson has a one year low of $107.16 and a one year 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.
Nordson (NASDAQ:NDSN) last released its earnings results on Wednesday, December 13th. The industrial products company reported $1.38 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.33 by $0.05. The company had revenue of $574.00 million during the quarter, compared to the consensus estimate of $546.76 million. Nordson had a return on equity of 30.54% and a net margin of 14.31%. Nordson’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.39 EPS. research analysts anticipate that Nordson will post 6.25 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Tuesday, December 19th were paid a $0.30 dividend. The ex-dividend date was Monday, December 18th. This represents a $1.20 dividend on an annualized basis and a yield of 0.80%. Nordson’s dividend payout ratio (DPR) is currently 23.86%.
In other Nordson news, VP Robert E. Veillette sold 1,594 shares of Nordson stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $142.19, for a total value of $226,650.86. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP John J. Keane sold 20,000 shares of Nordson stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $150.35, for a total value of $3,007,000.00. The disclosure for this sale can be found here. Insiders sold a total of 78,797 shares of company stock worth $11,760,192 over the last ninety days. Insiders own 2.15% of the company’s stock.
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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.
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