Nordson (NASDAQ:NDSN) Posts Quarterly Earnings Results, Beats Estimates By $0.26 EPS
Nordson (NASDAQ:NDSN) released its quarterly earnings results on Sunday. The industrial products company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.26, MarketWatch Earnings reports. The business had revenue of $526.57 million during the quarter, compared to the consensus estimate of $509.08 million. Nordson had a return on equity of 18.80% and a net margin of 11.77%. The business’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.89 EPS.
Shares of NASDAQ:NDSN opened at $184.38 on Tuesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.05 and a current ratio of 2.81. Nordson has a 1 year low of $96.46 and a 1 year high of $216.87. The stock has a market capitalization of $10.71 billion, a P/E ratio of 43.18, a PEG ratio of 2.42 and a beta of 0.94. The stock has a 50-day simple moving average of $191.44 and a 200-day simple moving average of $196.34.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 9th. Stockholders of record on Tuesday, February 23rd will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date is Monday, February 22nd. Nordson’s payout ratio is currently 28.47%.
Nordson Company Profile
Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. It operates through two segments, Industrial Precision Solutions (IPS) and Advanced Technology Solutions (ATS).
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