Nordson (NASDAQ:NDSN) updated its fourth quarter earnings guidance on Monday. The company provided earnings per share guidance of $1.38-1.54 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.52. The company issued revenue guidance of flat to -4% to ~$551-574 million, compared to the consensus revenue estimate of $588.77 million.

Several research firms have commented on NDSN. BidaskClub raised Nordson from a sell rating to a hold rating in a research note on Tuesday, July 31st. Wells Fargo & Co set a $135.00 price objective on Nordson and gave the company a hold rating in a research note on Wednesday, May 23rd. ValuEngine downgraded Nordson from a buy rating to a hold rating in a research note on Friday, April 27th. Wellington Shields downgraded Nordson from a gradually accumulate rating to a hold rating in a research note on Wednesday, May 23rd. Finally, B. Riley reduced their price objective on Nordson from $175.00 to $165.00 and set a buy rating for the company in a research note on Wednesday, May 23rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of $153.60.

Shares of NDSN stock traded down $0.30 during trading hours on Monday, reaching $134.69. 462,342 shares of the company’s stock were exchanged, compared to its average volume of 230,892. Nordson has a 1 year low of $107.16 and a 1 year high of $151.84. The company has a market cap of $7.75 billion, a price-to-earnings ratio of 25.23, a price-to-earnings-growth ratio of 1.70 and a beta of 1.29. The company has a current ratio of 1.84, a quick ratio of 1.31 and a debt-to-equity ratio of 0.96.

Nordson (NASDAQ:NDSN) last released its quarterly earnings data on Monday, August 20th. The industrial products company reported $1.60 earnings per share for the quarter, meeting the consensus estimate of $1.60. Nordson had a return on equity of 28.97% and a net margin of 16.63%. The firm had revenue of $581.20 million during the quarter, compared to the consensus estimate of $590.75 million. During the same period last year, the business posted $1.74 EPS. Nordson’s quarterly revenue was down 1.4% on a year-over-year basis. equities analysts forecast that Nordson will post 6 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 4th. Shareholders of record on Tuesday, August 21st will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend is Monday, August 20th. This is a boost from Nordson’s previous quarterly dividend of $0.30. Nordson’s dividend payout ratio is 22.35%.

About Nordson

Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids. Its Adhesive Dispensing Systems segment provides dispensing, coating, and laminating systems for adhesives, lotions, liquids, and fibers to disposable products and roll goods; and product assembly dispensing, coating, and laminating systems for use in paper and paperboard converting applications, as well as for the manufacture of roll goods.

Further Reading: Outstanding Shares

Earnings History and Estimates for Nordson (NASDAQ:NDSN)

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