|Over a week ago|
Nordson price target raised to $235 from $225 at DA Davidson » 09:2503/3103/31/21
DA Davidson analyst Matt…
DA Davidson analyst Matt Summerville raised the firm's price target on Nordson to $235 from $225 and keeps a Buy rating on the shares. The company's first analyst event in recent years highlighted its underlying growth drivers, proprietary technologies, NBS Next framework, and its Ascend Strategy, the analyst tells investors in a research note. Summerville adds that the presentation has affirmed his "favorable disposition" towards Nordson, stating that he likes the company's long-term "secular runway", along with its industry-leading market share/technologies, execution track record, and underleveraged balance sheet.
Nordson initiated with an Equal Weight at Morgan Stanley » 06:5003/3103/31/21
Morgan Stanley analyst…
Morgan Stanley analyst Connor Lynagh initiated coverage of Nordson with an Equal Weight rating and $220 price target as he launched coverage on the Industrial Equipment and Technology group with an In-Line industry view with a preference for companies with a "more significant top-line tailwind," either from reopening, underlying cyclicality, or both. On Nordson, he sees "half of the company's portfolio moving relatively sideways" and his estimates remain broadly in line with consensus estimates, Lynagh tells investors.
Nordson to hold virtual investor day » 08:2503/3003/30/21
Nordson to hold virtual investor day » 04:5503/3003/30/21
Nordson to hold virtual investor day » 16:2003/2603/26/21
|Over a month ago|
Nordson price target raised to $230 from $220 at Wells Fargo » 08:0602/2402/24/21
Wells Fargo analyst…
Wells Fargo analyst Allison Poliniak-Cusic raised the firm's price target on Nordson to $230 from $220 and keeps an Overweight rating on the shares. While COVID-related macro issues still persist, Nordson noted a 7% increase in backlog and the trailing 12-week order trends reflect positive growth across multiple verticals and regions, including its more cyclical industrial-facing end markets, the analyst contends. Her long-term favorable view on Nordson remains unchanged, based on its disciplined focus on growth through new products/tiering, new markets, solid operating acumen and a well-balanced portfolio of businesses.
Nordson sees FY21 EPS $6.30-$6.70, consensus $6.47 » 16:3102/2202/22/21
Sees FY21 revenue growth…
Sees FY21 revenue growth roughly 4%-6%, consensus $2.24B.
Nordson reports Q1 EPS $1.32, consensus $1.06 » 16:3002/2202/22/21
Reports Q1 revenue $527M,…
Reports Q1 revenue $527M, consensus $509.88M. "I am very pleased with the solid start to the year, particularly in our return to year-over-year organic sales growth and the significant profit margin expansion as strategic actions taken in fiscal year 2020 began delivering results. While this remains a dynamic macro-environment, we are encouraged by the order entry momentum we started to see within the quarter, particularly in product lines serving the medical and electronics end markets," said Nordson President and Chief Executive Officer Sundaram Nagarajan. "I am very thankful for the energy and commitment of our employees, who continue to manage through the uncertainty of COVID-19 while also deploying our new NBS Next growth framework and making a strong Nordson even stronger."
|Over a quarter ago|
Nordson price target raised to $220 from $215 at Wells Fargo » 07:5812/1712/17/20
Wells Fargo analyst…
Wells Fargo analyst Allison Poliniak-Cusic raised the firm's price target on Nordson to $220 from $215 and keeps an Overweight rating on the shares. The analyst notes that Nordson ended the year on solid footing, with sales and earnings beating expectations.
Fly Intel: After-Hours Movers » 18:4612/1512/15/20
DTEA, AOUT, TLRY, APHA, DVN, NDSN, VTVT, GLPG, GILD, IQ, GLSI, PEN, SHSP, DISH
Check out this evening's…