Nordson Corporation (NDSN) has been featuring several significant events recently. The industrial machinery company's recent stock performance has been closely linked with its strong fundamentals. Nordson's stocks have been trimmed by
Rhumbline Advisers and
Principal Financial Group Inc., while increased by
Fiera Capital Corp and
Natixis Advisors LLC. They recently announced the pricing of
$600 million of 4.500% notes due 2029. However, their stocks tumbled after adjusting their sales and earnings guidance. Among its strategies, Nordson has completed the acquisition of both
Atrion Corporation and
CyberOptics Corporation, which are expected to boost its portfolio. Meanwhile, its dividend is increasing to $0.78, following their announcement of
61 consecutive years of annual dividend increases. Nevertheless, there are suggestions to avoid betting on Nordson's stock. The company's Q3 earnings and revenue topped estimates, yet its Q3 earnings per share missed expectations. Nordson's
13% CAGR has outpaced the firm's earnings growth over the same five-year period. Despite market woes, Nordson continues its growth with a
record fiscal year 2023 results with strong EBITDA margin.
Nordson Corp NDSN News Analytics from Wed, 03 Jun 2020 07:00:00 GMT to Sun, 08 Sep 2024 10:32:53 GMT -
Rating -2
- Innovation 6
- Information 6
- Rumor -3
