Media headlines about Nordson (NASDAQ:NDSN) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nordson earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 46.4533942077639 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
A number of research analysts have issued reports on the company. ValuEngine upgraded Nordson from a “hold” rating to a “buy” rating in a research note on Friday, April 13th. Robert W. Baird restated a “hold” rating and issued a $157.00 price target on shares of Nordson in a research note on Wednesday, April 4th. Wells Fargo restated a “market perform” rating and issued a $140.00 price target (down previously from $155.00) on shares of Nordson in a research note on Monday, February 26th. They noted that the move was a valuation call. B. Riley set a $175.00 price target on Nordson and gave the stock a “buy” rating in a research note on Friday, February 23rd. Finally, DA Davidson started coverage on Nordson in a research note on Wednesday, February 21st. They issued a “buy” rating and a $160.00 price target for the company. Seven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Nordson currently has a consensus rating of “Buy” and a consensus price target of $154.30.
Shares of NDSN stock traded up $0.46 during mid-day trading on Thursday, hitting $141.52. The company’s stock had a trading volume of 354,579 shares, compared to its average volume of 244,319. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.52 and a quick ratio of 1.07. Nordson has a 52-week low of $107.16 and a 52-week high of $151.84. The stock has a market capitalization of $8,152.12, a P/E ratio of 26.35, a P/E/G ratio of 1.66 and a beta of 1.28.
Nordson (NASDAQ:NDSN) last issued its quarterly earnings data on Thursday, February 22nd. The industrial products company reported $1.35 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.34 by $0.01. Nordson had a return on equity of 30.41% and a net margin of 15.85%. The company had revenue of $550.42 million during the quarter, compared to analyst estimates of $538.21 million. During the same quarter in the previous year, the company posted $0.86 earnings per share. Nordson’s revenue was up 35.1% compared to the same quarter last year. analysts anticipate that Nordson will post 6.33 earnings per share for the current year.
In related news, CEO Michael F. Hilton sold 50,000 shares of Nordson stock in a transaction on Wednesday, March 7th. The stock was sold at an average price of $137.11, for a total value of $6,855,500.00. Following the completion of the sale, the chief executive officer now owns 225,774 shares of the company’s stock, valued at $30,955,873.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Michael F. Hilton sold 55,000 shares of Nordson stock in a transaction on Friday, March 9th. The stock was sold at an average price of $138.18, for a total value of $7,599,900.00. Following the completion of the sale, the chief executive officer now directly owns 241,274 shares of the company’s stock, valued at approximately $33,339,241.32. The disclosure for this sale can be found here. Insiders own 2.01% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: “Nordson (NDSN) Receiving Somewhat Positive News Coverage, Analysis Shows” was first posted by Macon Daily and is the sole property of of Macon Daily. If you are reading this story on another site, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this story can be read at https://macondaily.com/2018/04/20/nordson-ndsn-receiving-somewhat-positive-news-coverage-analysis-shows.html.
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.
Receive News & Ratings for Nordson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nordson and related companies with MarketBeat.com's FREE daily email newsletter.