Nordson (NASDAQ:NDSN) released its quarterly earnings results on Sunday. The industrial products company reported $1.32 EPS for the quarter, topping the consensus estimate of $1.06 by $0.26, MarketWatch Earnings reports. The firm had revenue of $526.57 million for the quarter, compared to analyst estimates of $509.08 million. Nordson had a return on equity of 18.80% and a net margin of 11.77%. Nordson’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.89 EPS.
Shares of NDSN traded up $3.44 during trading on Tuesday, reaching $187.82. The company’s stock had a trading volume of 587,710 shares, compared to its average volume of 315,026. The company has a fifty day moving average of $191.44 and a two-hundred day moving average of $196.34. Nordson has a twelve month low of $96.46 and a twelve month high of $216.87. The company has a market cap of $10.91 billion, a price-to-earnings ratio of 43.99, a P/E/G ratio of 2.42 and a beta of 0.94. The company has a quick ratio of 2.05, a current ratio of 2.81 and a debt-to-equity ratio of 0.61.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 9th. Shareholders of record on Tuesday, February 23rd will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date of this dividend is Monday, February 22nd. Nordson’s payout ratio is 28.47%.
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 two segments, Industrial Precision Solutions (IPS) and Advanced Technology Solutions (ATS).
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