Loop Capital Initiates Coverage On Nordson with Hold Rating, Announces Price Target of $250
Loop Capital analyst Chris Dankert initiates coverage on Nordson (NASDAQ:NDSN) with a Hold rating and announces Price Target of $250.
This Foreboding Sign Looms Over Nordson’s Chart
If history is any guide, there may be trouble ahead for shares of Nordson (NASDAQ:NDSN). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
Nordson: Q1 Earnings Insights
Nordson (NASDAQ:NDSN) reported its Q1 earnings results on Tuesday, February 22, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Nordson beat estimated earnings by 8.38%, reporting an EPS of $2.07 versus an estimate of $1.91.
Nordson Q1 EPS $2.07 Beats $1.91 Estimate, Sales $609.00M Beat $606.97M Estimate; Raises FY22 Guidance: Sales Growth 7-10% Year Over Year, Adj. EPS 14-18% YoY
Nordson (NASDAQ:NDSN) reported quarterly earnings of $2.07 per share which beat the analyst consensus estimate of $1.91 by 8.38 percent. This is a 56.82 percent increase over earnings of $1.32 per share from the same
Earnings Scheduled For February 22, 2022
Companies Reporting Before The Bell
• Gaotu Techedu (NYSE:GOTU) is projected to report quarterly earnings at $0.13 per share on revenue of $439.63 million.
UPDATE: Nordson To Replace Xilinx In S&P 500; PDC Energy To Replace Nordson In S&P MidCap400; XPEL To Replace PDC Energy In S&P SmallCap 600
https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20220210-1449702/1449702_xlnx5.pdf
Wells Fargo Bumps Up Price Targets For Several Transportation Companies
Wells Fargo analyst Allison Poliniak-Cusic raised price targets for several transportation companies.
