Nordson (NASDAQ:NDSN) Updates FY25 Earnings Guidance

Nordson (NASDAQ:NDSN) updated its FY25 earnings guidance on Wednesday. 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.

Nordson Stock Down 1.3 %

NASDAQ:NDSN traded down $3.32 during trading hours on Wednesday, hitting $249.55. The company’s stock had a trading volume of 521,234 shares, compared to its average volume of 234,452. 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 stock has a market capitalization of $14.27 billion, a P/E ratio of 30.80, a price-to-earnings-growth ratio of 1.89 and a beta of 0.90. The stock has a fifty day moving average of $255.25 and a 200-day moving average of $245.91.

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

Analyst Upgrades and Downgrades

Separately, Robert W. Baird increased their price target 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 issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $299.00.

Insider Activity

In other news, EVP Jennifer L. Mcdonough sold 225 shares of the business’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $262.27, for a total transaction 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. The trade was a 6.41 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Joseph P. Kelley sold 3,000 shares of the 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 completion of the transaction, the executive vice president now owns 8,659 shares in the company, valued at $2,164,576.82. This represents a 25.73 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,629 shares of company stock worth $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.