FY2025 Earnings Forecast for Nordson Issued By KeyCorp

Nordson Co. (NASDAQ:NDSN) – Investment analysts at KeyCorp issued their FY2025 EPS estimates for shares of Nordson in a report issued on Tuesday, March 4th. KeyCorp analyst J. Hammond anticipates that the industrial products company will earn $9.90 per share for the year. KeyCorp currently has a “Overweight” rating and a $260.00 target price on the stock. The consensus estimate for Nordson’s current full-year earnings is $10.20 per share.

Several other equities analysts have also recently issued reports on NDSN. Baird R W cut Nordson from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Robert W. Baird reissued a “neutral” rating and issued a $237.00 target price (down previously from $294.00) on shares of Nordson in a report on Friday, December 13th. BNP Paribas lowered Nordson from an “outperform” rating to a “neutral” rating and set a $219.00 target price for the company. in a report on Monday, February 24th. Loop Capital raised Nordson from a “hold” rating to a “buy” rating and raised their price target for the stock from $255.00 to $280.00 in a report on Wednesday, January 22nd. Finally, DA Davidson lowered their price objective on Nordson from $295.00 to $285.00 and set a “buy” rating for the company in a research note on Friday, December 13th. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Nordson currently has a consensus rating of “Moderate Buy” and a consensus price target of $256.20.

Nordson Stock Up 1.9 %

Shares of NASDAQ:NDSN opened at $210.44 on Thursday. The firm has a market cap of $11.98 billion, a PE ratio of 26.77, a price-to-earnings-growth ratio of 1.65 and a beta of 0.92. The company has a fifty day simple moving average of $213.27 and a 200 day simple moving average of $237.61. The company has a current ratio of 2.53, a quick ratio of 1.51 and a debt-to-equity ratio of 0.72. Nordson has a 12-month low of $196.83 and a 12-month high of $279.38.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings data on Wednesday, February 19th. The industrial products company reported $2.06 EPS for the quarter, missing analysts’ consensus estimates of $2.08 by ($0.02). The firm had revenue of $615.42 million during the quarter, compared to analyst estimates of $639.40 million. Nordson had a return on equity of 19.28% and a net margin of 16.93%.

Institutional Trading of Nordson

A number of institutional investors and hedge funds have recently made changes to their positions in NDSN. Covestor Ltd increased its stake in shares of Nordson by 18.8% in the third quarter. Covestor Ltd now owns 272 shares of the industrial products company’s stock worth $72,000 after purchasing an additional 43 shares during the period. QRG Capital Management Inc. lifted its position in shares of Nordson by 3.5% during the 3rd quarter. QRG Capital Management Inc. now owns 1,447 shares of the industrial products company’s stock worth $380,000 after buying an additional 49 shares during the period. New York Life Investment Management LLC grew its holdings in shares of Nordson by 0.7% in the 4th quarter. New York Life Investment Management LLC now owns 7,314 shares of the industrial products company’s stock worth $1,530,000 after purchasing an additional 49 shares during the last quarter. UMB Bank n.a. grew its stake in Nordson by 26.1% during the fourth quarter. UMB Bank n.a. now owns 251 shares of the industrial products company’s stock worth $53,000 after buying an additional 52 shares during the last quarter. Finally, Klein Pavlis & Peasley Financial Inc. raised its position in Nordson by 1.7% in the 4th quarter. Klein Pavlis & Peasley Financial Inc. now owns 3,308 shares of the industrial products company’s stock valued at $692,000 after purchasing an additional 56 shares during the last quarter. Institutional investors and hedge funds own 72.11% of the company’s stock.

Insider Buying and Selling

In other news, EVP Stephen Lovass sold 1,299 shares of Nordson stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $206.79, for a total transaction of $268,620.21. Following the completion of the sale, the executive vice president now directly owns 7,347 shares in the company, valued at $1,519,286.13. The trade was a 15.02 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.80% of the company’s stock.

Nordson Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Thursday, January 2nd were paid a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date was Thursday, January 2nd. Nordson’s dividend payout ratio is presently 39.69%.

Nordson Company Profile

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.