The stock of Nordson Corp (NASDAQ:NDSN) last traded at $202.09, down -1.63% from the previous session.
NDSN stock price is now -15.85% away from the 50-day moving average and -18.27% away from the 200-day moving average. The market capitalization of the company currently stands at $11.52B.
With the price target maintained at $250, Seaport Research Partners recently Upgraded its rating from Neutral to Buy for Nordson Corp (NASDAQ: NDSN). On December 13, 2024, Robert W. Baird Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock reducing its target price from $294 to quote $237, while ‘KeyBanc Capital Markets’ rates the stock as ‘Sector Weight’
In other news, Lovass Stephen, Executive Vice President sold 1,299 shares of the company’s stock on Jan 07 ’25. The stock was sold for $268,620 at an average price of $206.79. Upon completion of the transaction, the Executive Vice President now directly owns 7,347 shares in the company, valued at $1.48 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 07 ’25, Officer Lovass Stephen bought 1,299 shares of the business’s stock. A total of $268,620 was incurred on buying the stock at an average price of $206.79. A total of 9.23% of the company’s stock is owned by insiders.
During the past 12 months, Nordson Corp has had a low of $204.20 and a high of $279.38. As of last week, the company has a debt-to-equity ratio of 0.79, a current ratio of 2.41, and a quick ratio of 1.51. According to the stock market information, the enterprise value for the company is $15717453824, which is based on a 24.92 price-to-earnings ratio, a 1.92 price-to-earnings-growth ratio, and a beta of 0.95. The fifty day moving average price for NDSN is $240.1506 and a two-hundred day moving average price translates $247.2641 for the stock.
The latest earnings results from Nordson Corp (NASDAQ: NDSN) was released for 2024-07-31. The net profit margin was 17.37% and return on equity was 16.90% for NDSN. The company reported revenue of $661.6 million for the quarter, compared to $648.68 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.99 percent. For the current quarter, analysts expect NDSN to generate $640.17M in revenue.
