In yesterday’s Wall Street session, Nordson Corp (NASDAQ:NDSN) shares traded at $259.36, up 0.24% from the previous session.
NDSN stock price is now 1.47% away from the 50-day moving average and 2.71% away from the 200-day moving average. The market capitalization of the company currently stands at $14.83B.
On October 05, 2023, Exane BNP Paribas recently initiated its ‘Outperform’ rating on the stock quoting a target price of $275, while ‘Jefferies’ rates the stock as ‘Hold’
In other news, MCDONOUGH JENNIFER L, EVP, GC, and Secretary sold 87 shares of the company’s stock on Nov 25 ’24. The stock was sold for $22,791 at an average price of $261.97. Upon completion of the transaction, the EVP, GC, and Secretary now directly owns 3,124 shares in the company, valued at $0.81 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 25 ’24, Executive Vice President Lovass Stephen sold 133 shares of the business’s stock. A total of $34,842 was realized by selling the stock at an average price of $261.97. This leaves the insider owning 7,170 shares of the company worth $1.86 million. A total of 5.38% of the company’s stock is owned by insiders.
During the past 12 months, Nordson Corp has had a low of $222.18 and a high of $279.38. As of last week, the company has a debt-to-equity ratio of 0.57, a current ratio of 2.36, and a quick ratio of 1.52. According to the stock market information, the enterprise value for the company is $16278404096, which is based on a 31.59 price-to-earnings ratio, a 2.43 price-to-earnings-growth ratio, and a beta of 0.90. The fifty day moving average price for NDSN is $255.5386 and a two-hundred day moving average price translates $252.5166 for the stock.
The latest earnings results from Nordson Corp (NASDAQ: NDSN) was released for 2024-07-31. The net profit margin was 17.75% and return on equity was 17.41% 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.
