Analysts See $1.35 EPS for Nordson Corporation (NDSN)

January 24, 2018 - By Michael Collier

 Analysts See $1.35 EPS for Nordson Corporation (NDSN)
Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.29, from 1.18 in 2017Q2. It is negative, as 43 investors sold Nordson Corporation shares while 94 reduced holdings. 41 funds opened positions while 81 raised stakes. 37.40 million shares or 0.61% less from 37.63 million shares in 2017Q2 were reported.
79,536 are owned by Ny State Teachers Retirement Sys. Bluecrest Mgmt has 22,644 shares for 0.11% of their portfolio. Trust Of Vermont holds 1,200 shares. Moreover, Bamco New York has 0.14% invested in Nordson Corporation (NASDAQ:NDSN) for 250,000 shares. Moreover, Fisher Asset Management Ltd Liability Company has 0% invested in Nordson Corporation (NASDAQ:NDSN) for 2,070 shares. Moreover, Mcdaniel Terry & Company has 5.96% invested in Nordson Corporation (NASDAQ:NDSN) for 266,118 shares. Vident Advisory Ltd Liability Corporation owns 113,247 shares or 0.73% of their US portfolio. Ameritas Inv Incorporated has 0.09% invested in Nordson Corporation (NASDAQ:NDSN) for 17,840 shares. Whittier Tru Of Nevada holds 0% of its portfolio in Nordson Corporation (NASDAQ:NDSN) for 89 shares. 92 were accumulated by Weaver C Barksdale And Associate Incorporated. Southernsun Asset Mgmt Limited Liability, Tennessee-based fund reported 215,003 shares. Chicago Equity Prtn owns 4,960 shares or 0.02% of their US portfolio. Federated Invsts Inc Pa, a Pennsylvania-based fund reported 23,990 shares. Eaton Vance Mngmt, a Massachusetts-based fund reported 11,073 shares. New York State Common Retirement Fund has invested 0.03% in Nordson Corporation (NASDAQ:NDSN).

Since September 25, 2017, it had 0 insider purchases, and 10 insider sales for $12.99 million activity. The insider PEET SHELLY sold 15,000 shares worth $2.23 million. $227,533 worth of Nordson Corporation (NASDAQ:NDSN) was sold by KEITHLEY JOSEPH P. Stockunas Joseph sold $730,650 worth of stock. Another trade for 12,200 shares valued at $1.83M was sold by MERK GREGORY P. KEANE JOHN J sold $3.01M worth of stock. Hilton Michael F also sold $1.82 million worth of Nordson Corporation (NASDAQ:NDSN) shares.

Analysts expect Nordson Corporation (NASDAQ:NDSN) to report $1.35 EPS on February, 19.They anticipate $0.49 EPS change or 56.98 % from last quarter’s $0.86 EPS. NDSN’s profit would be $77.95M giving it 27.75 P/E if the $1.35 EPS is correct. After having $1.38 EPS previously, Nordson Corporation’s analysts see -2.17 % EPS growth. The stock decreased 0.08% or $0.12 during the last trading session, reaching $149.87. About 243,485 shares traded. Nordson Corporation (NASDAQ:NDSN) has risen 72.22% since January 24, 2017 and is uptrending. It has outperformed by 55.52% the S&P500.

Nordson Corporation (NASDAQ:NDSN) Ratings Coverage

Among 10 analysts covering Nordson (NASDAQ:NDSN), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Nordson had 36 analyst reports since August 21, 2015 according to SRatingsIntel. As per Wednesday, August 23, the company rating was upgraded by Gabelli. On Friday, December 15 the stock rating was downgraded by Gabelli to “Hold”. The firm earned “Hold” rating on Wednesday, October 4 by Robert W. Baird. Oppenheimer downgraded the shares of NDSN in report on Wednesday, August 24 to “Perform” rating. The stock of Nordson Corporation (NASDAQ:NDSN) has “Outperform” rating given on Friday, December 16 by Barrington Research. The company was upgraded on Thursday, January 7 by Wunderlich. On Tuesday, November 3 the stock rating was initiated by SunTrust with “Buy”. The rating was maintained by Oppenheimer with “Hold” on Tuesday, August 22. The firm earned “Outperform” rating on Tuesday, August 23 by Barrington Research. As per Tuesday, May 10, the company rating was initiated by KeyBanc Capital Markets.

Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids. The company has market cap of $8.65 billion. The Company’s 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. It has a 29.5 P/E ratio. This segment also offers automated adhesive dispensing systems for packaged goods industries; and components and systems used in the thermoplastic melt stream.

More important recent Nordson Corporation (NASDAQ:NDSN) news were published by: Zacks.com which released: “Nordson Boosts Growth Potential With Buyouts, Risks Remain” on January 12, 2018, also Seekingalpha.com published article titled: “Nordson Has Upside Potential In Semiconductor Packaging”, Fool.com published: “Why Nordson Corporation Stock Popped 18% Today” on December 14, 2017. More interesting news about Nordson Corporation (NASDAQ:NDSN) was released by: Businesswire.com and their article: “Nordson Corporation Acquires Sonoscan to Broaden Test and Inspection …” with publication date: January 04, 2018.

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