에 대한 최신 뉴스 Nordson (NASDAQ:NDSN) 주식

Nordson

Nordson manufactures equipment (including pumps, valves, dispensers, applicators, filters, and pelletizers) used for dispensing adhesives, coatings, sealants, and other materials. The firm serves a diverse range of end markets including packaging, medical, electronics, and industrial. Nordson's business is organized into three segments: industrial precision solutions, medical and fluid solutions, and advanced technology solutions. The company generated approximately $2.7 billion in revenue in its fiscal 2024.

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CNN 머니 공포·탐욕 지수는 전체 시장 심리가 약간 하락했음을 보여 주었다. 지수는 화요일(10일)에 중립 영역에 머물렀다. 미국 증시는 화요일 하락세로 마감했으며, 특히 다우존스 지수는 4거래일 연속 하락했다.

다우 지수 4일 연속 하락, 구글 양자 칩 발표로 알파벳 급등: 공포·탐욕 지수는 &#39;중립&#39; 영역

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수요일(11일) 아침 미국 주식 선물이 소폭 상승하는 가운데 오늘 투자자들이 주목할 만한 주식은 다음과 같다. 메이시스, 스티치 픽스, 어도비, 데이브앤버스터즈 및 노드슨

수요일 주목해야 할 주식: 메이시스, 스티치 픽스, 어도비, 데이브앤버스터즈 및 노드슨

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지난주 이들 10개 대형주는 최악의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 내셔널 그리드 트랜스코(NYSE:NGG)가 70억 파운드의 자본금을 늘리고 연간 매출 결과가 전년 대비 감소했다고 보고한 후 주각가 17.1% 급락했다. 

지난주 최악의 성과를 보인 룰루레몬 애틀라티카 포함 10개의 대형주 (5월 19일-5월 26일)

Nordson Corp

DA Davidson analyst Matthew Summerville maintains Nordson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) with a Buy and lowers the price target from $295 to $285.

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DA Davidson Maintains Buy on Nordson, Lowers Price Target to $285

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Stifel analyst Dae Gon Ha downgraded the rating for Editas Medicine, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDIT#NASDAQ">EDIT</a>) from Buy to Hold and lowered the price target from $11 to $3. Editas Medicine shares closed at $1.89 on Thursday. See how other analysts view this stock.</li>
<li>Mizuho analyst Siti Panigrahi downgraded the rating for RingCentral, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNG#NYSE">RNG</a>) from Outperform to Neutral and maintained the price target of $42. RingCentral shares closed at $41.35 on Thursday. <a href="https://www.benzinga.com/quote/RNG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Michael Rehaut downgraded Toll Brothers, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) from Overweight to Neutral and lowered the price target from $166 to $150. Toll Brothers shares closed at $138.46 on Thursday. <a href="https://www.benzinga.com/quote/TOL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird analyst Michael Halloran downgraded the rating for Nordson Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) from Outperform to Neutral and slashed the price target from $294 to $237. Nordson shares closed at $229.11 on Thursday. <a href="https://www.benzinga.com/quote/NDSN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays analyst Brandt Montour downgraded Viking Holdings Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIK#NYSE">VIK</a>) from Overweight to Equal-Weight and maintained the price target of $49. Viking Holdings shares closed at $46.18 on Thursday. <a href="https://www.benzinga.com/quote/VIK/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying TOL stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="586" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13100359/image-117-1024x586.png" alt="" class="wp-image-691577" style="width:656px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13100359/image-117-1024x586.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13100359/image-117-300x172.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13100359/image-117-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13100359/image-117.png 1131w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Downgrades

EDIT

This Toll Brothers Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday

Baird analyst Michael Halloran downgrades Nordson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) from Outperform to Neutral and lowers the price target from $294 to $237.

Baird Downgrades Nordson to Neutral, Lowers Price Target to $237

Risk sentiment soured on Thursday following hotter-than-expected producer inflation data, which dampened optimism for aggressive interest rate cuts in 2025. Adding to the uncertainty, an unexpected rise in jobless claims cast doubt on the resilience <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42467265/stocks-fall-as-producer-inflation-spikes-jobless-claims-jump-what-is-happening-here">of the U.S. labor market.</a>
Major U.S. stock indices were in the red during midday trading in New York. The Nasdaq 100 slipped 0.4%, retreating from its record highs reached in the previous session, while small caps underperformed as the iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) dropped 1%.
The Producer Price Index surged to 3% year-over-year in November, its highest level since February 2023, outpacing both forecasts and the upwardly revised 2.6% from October. On the labor front, weekly jobless claims rose by 17,000 to 242,000, exceeding consensus estimates of 220,000.
Treasury yields ticked higher, with the 10-year benchmark yield climbing 4 basis points to 4.31%, as investors placed greater emphasis on the robust inflation reading. However, expectations for a 25-basis-point rate cut at the upcoming Federal Reserve meeting remained intact, with Fed futures pricing in a 98% probability.
In currency markets, the U.S. Dollar Index, as measured by the Invesco DB USD Index Bullish Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUP#NYSE">UUP</a>), edged up 0.1%, while gold prices slid more than 1%.
Natural gas prices soared nearly 5%, reaching levels not seen since late October 2023, after a steep storage draw fueled buying momentum.
In cryptocurrencies, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) traded modestly higher, up 0.3% to $101,500, while Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) gained 3.1%.
<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,073.41</td>
<td>-0.2%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,020.82</td>
<td>-0.3%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,687.46</td>
<td>-0.4%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,371.79</td>
<td>-0.9%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:15 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent121224&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) eased 0.1% to $606.65.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;fell 0.2% to $441.69.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) edged 0.2% down to $528.71.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) fell 0.9% to $235.90.</li>
<li>The&nbsp;Consumer Staples Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) outperformed, up by 0.5%; the&nbsp;Health Care Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) lagged, down 0.5%.</li>
</ul>
<h2 class="wp-block-heading">Thursday&#8217;s Stock Movers</h2>
<ul>
<li>Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) tumbled by over 12%, despite beating Street&#8217;s profit and revenue estimates last quarter, as the company lowered guidance for the first quarter of 2025. </li>
<li>Nordson Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) tumbled 9%, while Ciena Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) rose 16% in reaction to earnings.</li>
<li>Major companies slated to report earnings after the close include Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) and Costco Wholesale Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>).</li>
</ul>
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42466189/trump-talks-stocks-bitcoin-ai-economy-with-jim-cramer-youre-going-to-see-some-very-good-days-ahead">Trump Talks Stocks, Bitcoin, AI, Economy With Jim Cramer: &#8216;You&#8217;re Going To See Some Very Good Days Ahead&#8217;</a></li>
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Stocks Slip On Hot Inflation Data, Adobe Tumbles, Natural Gas Hits 1-Year High: What's Driving Markets Thursday?

WIIM

Nordson shares are trading lower after the company issued FY25 sales guidance below estimates.

U.S. stock futures declined on Thursday in premarket hours after hitting fresh highs on Wednesday. The futures of all the four major indices were trading lower.
November inflation data was in line with analyst expectations, shooting up the probability of a further 25 basis point rate cut in December rose to 98.6% versus 58.75% probability a month ago, according to <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">CME Group&#8217;s FedWatch tool</a>. Federal Reserve officials are currently in a quiet period ahead of their December meeting.
Traders now await the producer price index data, which will be released later today. The 10-year and two-year Treasury notes yielded 4.30% and 4.18%, respectively
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.24%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.16%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.19%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.18%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Wednesday, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was down 0.12% to $606.71 and the Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) declined 0.20% to $528.87, according to <a href="https://www.benzinga.com/pro/">Benzinga Pro data</a>.
Cues From The Last Session
The Consumer Price Index (CPI) for November climbed 2.7% year-over-year, aligning with expectations. 1 Core inflation, excluding volatile food and energy costs, held steady at 3.3%.  
The Magnificent Seven's combined <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42445451/nasdaq-100-rallies-to-record-highs-magnificent-7-market-cap-tops-17-trillion-bitcoin-soars-to-100000-whats-driving-markets-wednesday">market cap hits $18.2 trillion,</a> with five giants reaching all-time highs on Wednesday. The Roundhill Magnificent Seven ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAGS#NASDAQ">MAGS</a>), a closely watched benchmark for the group&#8217;s market performance, surged 3.03% on Wednesday, setting a new all-time high.
The Roundhill Magnificent Seven ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAGS#NASDAQ">MAGS</a>) surged 3.03%, its best performance since early November. 
The broader market also participated in the rally. The S&amp;P 500 climbed 0.82%, nearing its all-time high. Small-cap stocks added 0.48%, while the Dow Jones Industrial Average ended 0.22% lower.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>1.77%</td>
<td>20,034.90</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.82%</td>
<td>6,084.19</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.22%</td>
<td>44,148.56</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.48%</td>
<td>2,394.16</td>
</tr>
</tbody>
</table>
</figure>
See Also: <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42445451/nasdaq-100-rallies-to-record-highs-magnificent-7-market-cap-tops-17-trillion-bitcoin-soars-to-100000-whats-driving-markets-wednesday">Nasdaq 100 Rallies To Record Highs, Magnificent 7 Market Cap Tops $17 Trillion, Bitcoin Soars To $100,000: What&#8217;s Driving Markets Wednesday?</a>
Insights From Analysts
Despite the S&amp;P 500 Index nearing record highs on Wednesday, its breadth was skewed in the favour of the bears.
&#8220;117 stocks in the S&amp;P 500 made a new monthly low yesterday, the most since 139 on Halloween. 211 made a 10-day low, most since Sept 6,&#8221; said Ryan Detrick, the chief market strategist at Carson Group.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">117 stocks in the S&amp;P 500 made a new monthly low yesterday, the most since 139 on Halloween. 211 made a 10-day low, most since Sept 6. Not end of world stuff, but clearly some deterioration under the surface taking place.
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1866927212479590411?ref_src=twsrc%5Etfw">December 11, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The breadth has been skewed for the last seven days. &#8220;Since 2010, only happened two other times. Aug &#8217;11 and Dec &#8217;18. Small sample size yes, but not the worst times for bulls going forward,&#8221; added Detrick.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">7 consecutive days there have been more decliners than advancers on the S&amp;P 500. Since 2010, only happened two other times. Aug &#39;11 and Dec &#39;18. Small sample size yes, but not the worst times for bulls going forward.
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1866929220540305836?ref_src=twsrc%5Etfw">December 11, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Talking about balancing growth amid policy shifts, Andrew Pease, the chief investment strategist at Russell Investments said, &#8220;Tax cuts and deregulation could provide a meaningful growth boost, particularly to domestic and cyclical sectors.&#8221;
&#8220;Given lower valuations and improving sentiment, we are more positive on U.S. small-cap equity than we have been in prior years. Large-cap dominance in both earnings and price appreciation will require a catalyst to shift returns in the small-cap direction,&#8221; he added.
Apart from small-caps, Pease in his note said that &#8220;growth managers targeting high-growth cyclical sectors like software, while value managers identify mergers and acquisitions potential in financials and healthcare. Core managers are balancing cyclical exposure and managing risks in rate-sensitive sectors.&#8221;
Citing rich valuations, Alex Chaloff, the chief investment officer at Bernstein Private Wealth Management said that they are still pro-equities.
&#8220;We&#8217;re optimistic on equities, think that valuations are a little bit rich in a pocket of the market, but there are some opportunities. In bonds, you can clip the coupon even if rates move higher from here, which we don&#8217;t think is our base case,&#8221; he said.
See Also: <a href="https://www.benzinga.com/24/12/42453807/spacex-hits-350-billion-valuation-in-insider-share-sale-ceo-elon-musk-says-no-investors-wanted-to-sell-shares">SpaceX Hits $350 Billion Valuation In Insider Share Sale: CEO Elon Musk Says &#8216;No Investors Wanted To Sell Shares&#8217;</a>
Upcoming Economic Data
This week&#8217;s remaining economic calendar with essential data releases that will help investors shape their future plans and strategies.
<ul>
<li>On Thursday, initial jobless claims data till Dec. 7 and the core and headline producer price index for November will be released at 8:30 a.m. ET.</li>
<li>On Friday, the import price index data will be released at 8:30 a.m. ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Macy's, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) was down 1.03% as its net sales decreased 2.4%. Sales growth at Macy's First 50 locations, Bloomingdale's, and Bluemercury was offset primarily by weakness in Macy's non-First 50 locations, digital channels, and cold weather categories.</li>
<li>Nordson Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) fell by 5.43% as the company revenue guidance for the fiscal year 2025 was below analyst expectations.</li>
<li>Adobe Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) declined by 9.99% after its earnings beat estimates but the revenue guidance for the first quarter missed the mark.</li>
<li>Ciena Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) was up 1.08% in the premarket as it is slated to report quarterly earnings before the bell. Wall Street expects it to report quarterly earnings of 66 cents per share on revenue of $1.10 billion.</li>
<li>DBV Technologies SA &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DBVT#NASDAQ">DBVT</a>) rose by 32.83% after the company announced alignment with the FDA on an accelerated approval pathway for the Viaskin peanut patch in toddlers one to three years old.</li>
<li>Amplitech Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMPG#NASDAQ">AMPG</a>) gained 39.90% after the company priced its $2.2 million registered direct offering of 1.35 million shares at $1.60 per share.</li>
<li>Nuburu Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURU#NYSE">BURU</a>) was up 22.62% after the company addressed NYSE compliance violations over 4.6 million share issuance.</li>
<li>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) is in focus as President-elect Donald Trump <a href="https://www.benzinga.com/general/social-media/24/12/42454492/djt-stock-in-focus-as-trump-set-to-ring-nyse-bell-today-heres-why-president-elect-once-threatened-to-shift-trump-media-from-nasdaq">is set to ring </a>the New York Stock Exchange opening bell Thursday.</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures were largely unchanged in the early New York session and rose 0.03% to hover around $70.31 per barrel.
The gold spot index fell by 0.37% to $2,746.59 per ounce. The Dollar Index was down 0.12% to 106.581 level.
Asian markets were mixed on Thursday as Australia&#8217;s ASX 200 and India&#8217;s S&amp;P BSE Sensex declined. While, Hong Kong&#8217;s Hang Seng, China&#8217;s CSI 300, Japan&#8217;s Nikkei 225, and South Korea&#8217;s Kospi Index advanced. Most European markets advanced.
Read Next:
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<li><a href="https://www.benzinga.com/24/12/42454495/microsoft-expects-800-million-impairment-charge-due-to-gms-cruise-exit-but-analysts-say-its-a-step-in-the-right-direction-for-automaker">Microsoft Expects $800 Million Impairment Charge Due To GM&#8217;s Cruise Exit, Analyst Says It&#8217;s A &#8216;Step In The Right Direction&#8217; For Automaker</a></li>
</ul>
Image Via Shutterstock

Market Summary

Movers & Shakers

General

AMPG

BURU

DBVT

MAGS

Wall Street Poised To Open Lower A Day After Nasdaq's Record Close Above 20,000: Expert Flags 'Deterioration Under The Surface' As 117 S&P 500 Stocks Hit New Monthly Lows

Nordson Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) fell by 5.43% to $236.01 in after-hours on Wednesday as the company revenue guidance for the fiscal year 2025 was below analyst expectations. However, the technical analysis using simple moving averages indicates that the stock remains under pressure pointing toward a bearish trend.
What Happened: Nordson <a href="https://www.benzinga.com/insights/earnings/24/12/42449106/earnings-summary-nordson-q4">recorded a net income</a> of $122 million for the fourth quarter of the current fiscal, which was less than the net income of $128 million in the same quarter of the previous fiscal year.
The company which makes spraying equipment for agricultural use had its net sales increase by 4% year-on-year. It recorded $744 million in revenue for the period, compared to $719 million in the prior year&#8217;s fourth quarter.
On a full-year basis, Nordson recorded record sales of $2.7 billion, reflecting 2% growth over last fiscal&#8217;s record sales. The net income for the year was $467 million, a decrease from the prior year's net income of $487 million.
Nordson revenue guidance for the upcoming fiscal 2025 was between $2.75 billion and $2.87 billion, which was below analysts&#8217; expectations of $2.93 billion, according to data compiled by LSEG.
Also read: <a href="https://www.benzinga.com/insights/earnings/24/12/42449106/earnings-summary-nordson-q4">Earnings Summary: Nordson Q4</a>
Why It Matters: Nordson Corp&#8217;s stock has declined by 3.52% on a year-to-date basis and advanced by 7.23% in the last six months. This compares to a 31.55% and 11.81% performance by the Nasdaq 100 Index in the same period, respectively.
From a technical perspective, the analysis of daily moving averages indicates that the stock may be under pressure.
The stock ended at $236.01 in after-hours on Wednesday. This was below its eight and 20-day simple moving averages, of $255.12 and $256.39, respectively. As per <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>, its current stock price was also lower than the 50 and 200-day moving average prices at $255.04 and $251.99, respectively.
This trend indicates that the stock is experiencing a bearish divergence. The stock price could be attempting to recover but the momentum is not strong enough to push it above the moving averages. On the other hand, the relative strength index of 39.44 suggests the stock is near the oversold territory.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12011114/nordson-Chart-1024x576.png" alt="" class="wp-image-688857" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12011114/nordson-Chart-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12011114/nordson-Chart-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12011114/nordson-Chart-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12011114/nordson-Chart-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12011114/nordson-Chart.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Benzinga&#8217;s <a href="https://www.benzinga.com/quote/NDSN">technical analysis scorecard</a>, scores the company at 66 points on 100.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/quote/NDSN"><img loading="lazy" decoding="async" width="496" height="142" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12011037/Tech-A-Nordon.png" alt="" class="wp-image-688856" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12011037/Tech-A-Nordon.png 496w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12011037/Tech-A-Nordon-300x86.png 300w" sizes="(max-width: 496px) 100vw, 496px" /></a></figure>
What Are Analysts Saying: According to <a href="https://www.benzinga.com/">Benzinga</a>, Nordson has a consensus price target of $275.29 based on the ratings of eight analysts. The highest price target out of all the <a href="https://www.benzinga.com/quote/NDSN/analyst-ratings">analysts tracked by Benzinga</a> is $315 issued by DA Davidson as of Feb. 27, 2024. The lowest target price is $225 issued by Loop Capital on March 21, 2023.
The average price target of $284.67 between two changes from Baird, and DA Davidson implies a 20.62% upside for Nordson.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/quote/NDSN/analyst-ratings"><img loading="lazy" decoding="async" width="945" height="352" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12010944/Nordson-ANR.png" alt="" class="wp-image-688853" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12010944/Nordson-ANR.png 945w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12010944/Nordson-ANR-300x112.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12010944/Nordson-ANR-768x286.png 768w" sizes="(max-width: 945px) 100vw, 945px" /></a></figure>
Image via Nordson
Read Next: 
<a href="https://www.benzinga.com/markets/equities/24/12/42435201/elon-musks-net-worth-surpasses-market-cap-of-us-giants-like-bofa-johnson-johnson-salesforce-chevron-coca-cola-and-more-only-25-companies-have-higher-market-cap">Elon Musk&#8217;s Net Worth Surpasses Market Cap Of US Giants Like BofA, Johnson &amp; Johnson, Salesforce, Chevron, Coca-Cola And More: Only 25 Companies Have Higher Market Cap</a>

Nordson Corporation Stock Slides After Hours As Company Projects Lower FY25 Revenue; Technical Analysis Predicts Bearish Trends

Guidance

Nordson Expects Q1 FY25 Sales Of $615M - $655M (Est $681.69M), Adjusted EPS Of $1.95 - $2.15 (Est $2.30)

Nordson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) announced its Q4 earnings on Wednesday, December 11, 2024 at 04:30 PM.
Here's a breakdown of the earnings report.
<h3>Earnings</h3>
Nordson beat estimated earnings by 7.000000000000001%, reporting an EPS of $2.78 versus an estimate of $2.59.
Revenue was up $25.17 million from the same period last year.
<h3>Analysis of Past Earnings</h3>
The company beat on EPS by $0.08 in the previous quarter, leading to a 3.0% increase share price change the next day.
Here's a look at Nordson's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>2.33</td>
<td>2.31</td>
<td>2.04</td>
<td>2.39</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>2.41</td>
<td>2.34</td>
<td>2.21</td>
<td>2.46</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>656.23M</td>
<td>661.41M</td>
<td>628.54M</td>
<td>706.76M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>661.60M</td>
<td>650.64M</td>
<td>633.19M</td>
<td>719.31M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Nordson <a href="https://www.benzinga.com/quote/NDSN/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Summary: Nordson Q4

Nordson Expects FY25 Sales Of $2.75B - $2.87B (Est $2.933B), Adjusted EPS Of $9.70 - $10.50 (Est $10.41)

Nordson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) reported quarterly earnings of $2.78 per share which beat the analyst consensus estimate of $2.59 by 7.34 percent. The company reported quarterly sales of $744.48 million which beat the analyst consensus estimate of $736.35 million by 1.10 percent. This is a 3.50 percent increase over sales of $719.31 million the same period last year.

Earnings Beats

Nordson Q4 2024 Adj EPS $2.78 Beats $2.59 Estimate, Sales $744.48M Beat $736.35M Estimate

Nordson Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) will release earnings for its fourth quarter, after the <a href="https://www.benzinga.com/quote/NDSN/earnings">closing bell on Wednesday, Dec. 11.</a>
Analysts expect the Westlake, Ohio-based company to report quarterly earnings at $2.59 per share — up from $2.46 per share in the year-ago period. Nordson projects to report quarterly revenue of $736.79 million, compared to $719.31 million a year earlier, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Nordso investors may be eyeing potential gains from the company's dividends, too. The company currently offers an annual dividend yield of 1.23%. That&#8217;s a quarterly dividend amount of 78 cents per share ($3.12 a year).
So, how can investors exploit its dividend yield to pocket a regular $500 monthly?
To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $486,269 or around 1,923 shares. For a more modest $100 per month or $1,200 per year, you would need $97,355 or around 385 shares.
To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($3.12 in this case). So, $6,000 / $3.12 = 1,923 ($500 per month), and $1,200 / $3.12 = 385 shares ($100 per month).
Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.
How that works: The dividend yield is computed by dividing the annual dividend payment by the stock&#8217;s current price.
For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40).
Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield.
Price Action: Shares of Nordson fell 1% to close at $252.87 on Tuesday.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro" width="500" height="281" src="https://www.youtube.com/embed/pVF0O2lsEH4?start=1&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/12/42429201/dow-falls-for-4th-straight-session-alphabet-surges-on-google-quantum-chip-announcement-fear-greed-index-remains-in-neutral-zone">Dow Falls For 4th Straight Session, Alphabet Surges On Google Quantum Chip Announcement: Fear &amp; Greed Index Remains In &#8216;Neutral&#8217; Zone</a></li>
</ul>

Long Ideas

How To Earn $500 A Month From Nordson Stock Ahead Of Q4 Earnings

U.S. futures were mixed on Wednesday in premarket hours ahead of the crucial inflation data. Major index futures like Dow Jones and Russell 2000 fell, while Nasdaq 100 and S&amp;P 500 advanced.
The 10-year and two-year Treasury notes yielded 4.24% and 4.17%, respectively. Expectations of a further 25 basis point rate cut in December rose to 86.1%, up from 78.1% a week ago, according <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">to</a> CME Group&#8217;s FedWatch tool.
Economists <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42423745/december-interest-rate-cut-is-almost-a-done-deal-could-wednesday-inflation-data-derail-investor-hopes">expect annual CPI inflation to rise</a> from 2.6% in October to 2.7% in November, according to TradingEconomics consensus estimates. Core CPI — which excludes volatile food and energy prices — is projected to remain steady at 3.3% year-over-year, with a 0.3% monthly gain, mirroring October's pace.
Wednesday&#8217;s release will provide insights into inflation trends. Federal Reserve officials are currently in a quiet period ahead of their December meeting.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.21%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.10%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.12%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.03%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Wednesday, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was up 0.09% to $603.38 and the Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) advanced 0.2% to $521.64, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Cues From The Last Session
U.S. stocks declined on Tuesday, extending the Dow&#8217;s four-day losing streak. Oracle Corp.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) weak earnings and Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) subsidiary Google&#8217;s quantum computing chip news impacted the market.
On the economic data front, U.S. nonfarm business sector labor productivity increased by 2.2% in the third quarter, which is in line with the preliminary reading.
Most sectors on the S&amp;P 500 closed on a negative note, with real estate, information technology, and materials stocks recording the biggest losses on Tuesday.
However, communication services and consumer staples stocks bucked the overall market trend, closing the session higher.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-0.25%</td>
<td>19,687.24</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.30%</td>
<td>6,034.91</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.35%</td>
<td>44,247.83 </td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.42%</td>
<td>2,382.77</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts 
<a href="https://www.benzinga.com/24/12/42430296/carson-researchs-50-year-study-suggests-that-the-26-months-old-bull-market-is-far-from-over">Carson Research&#8217;s note</a> written by its chief market strategist Ryan Detrick, said, 2024 "would go down as the best election year return ever," as the S&amp;P 500 Index has made 56 new all-time highs.
He also highlighted that the current bull market is nearly 26 months old and is now up more than 70% from the mid-October 2022 lows. "But the good news for investors is that once previous bull markets got to this point there were many more years of gains left," he said.
"Going back 50 years, we found five other bull markets that had lasted at least this long and the shortest any of them lasted was five total years. Think of it like a cruise ship — once it gets moving, it can be quite hard to stop.&#8221;
In the graph shared by Detrick, he highlighted the August 1987 and October 2007 bull markets which lasted for five years each, the November 1980 bull market which lasted 6.2 years, and also March 2000 bull market which lasted for 12.3 years.
The Dow hit a record eight 1,000-point milestones this year and November was a huge month for small caps, with the Russell 2000 up by 10.9%.
"We found 22 other times the Russell 2000 gained at least double digits in a month and six months later it has been higher 90% of the time and a year later up a very solid 15% on average," the note said.
According to a JPMorgan note on its <a href="https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/2025%20Year-Ahead%20Investment%20Outlook.pdf">2025 outlook</a>, &#8220;the prospect of deregulation and corporate tax cuts may finally give investors conviction to add to previously unloved areas of the market, like value and mid/small cap stocks, which are also benefiting from earnings recovery and attractive valuations.&#8221;
As the cost of capital declines with interest rates, &#8220;Consumers and companies should resume capital-intensive expenditures. Durable goods subsectors, particularly those tied to housing, should also see a boost.
&#8220;Financials should benefit from increased loan and insurance demand, a more favorable yield curve, normalizing M&amp;A and IPO activity and prospects for deregulation, while falling rates also increase the relative value of bond proxy sectors like utilities and real estate,&#8221; the note added.
Upcoming Economic Data
This week&#8217;s economic calendar is packed with essential data releases that will help investors shape their future plans and strategies.
<ul>
<li>On Wednesday, November&#8217;s headline and core consumer price index data will be released at 8:30 a.m. ET.</li>
<li>The monthly U.S. federal budget data will be released at 2:00 p.m. ET.</li>
<li>On Thursday, initial jobless claims data till Dec. 7 and the core and headline producer price index for November will be released at 8:30 a.m. ET.</li>
<li>On Friday, the import price index data will be released at 8:30 a.m. ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Rigetti Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) was up 12.3% in premarket after the company along with its partner Quantum Machines <a href="https://www.benzinga.com/24/12/42417674/why-is-rigetti-computing-stock-gaining-on-tuesday">made progress in quantum computing</a> by using AI to automate the calibration of a 9-qubit Novera QPU, achieving unprecedented accuracy and speed,</li>
<li>GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) <a href="https://www.benzinga.com/markets/equities/24/12/42431772/gamestop-stock-rises-despite-a-sales-decline-as-the-company-swings-back-to-profitability-technic">rose 3.30% in the premarket session</a> as the company swung to profit despite a dip in its revenue.</li>
<li>Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) was up 1.20% in premarket after it announced a major development in quantum computing through the use of its Willow quantum chip.</li>
<li>Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) declined 6.7% in the premarket hours. The company said that it has entered into a securities purchase agreement to raise up to $50 million in a registered direct offering to institutional investors.</li>
<li>Sealsq Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAES#NASDAQ">LAES</a>) rose 138.18% after it partnered with IC&#8217;ALPS to strengthen its ASIC development capabilities by combining IC&#8217;ALPS&#8217; design expertise with its own security IP and production knowledge.</li>
<li>Investors are awaiting earnings results from Macy&#8217;s, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>), Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>), and Nordson Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) today.</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures rose in the early New York session, advancing 1.14% to hover around $69.7 per barrel.
The gold spot index rose by 0.26% to $2,725.21 per ounce. The Dollar Index was up 0.26% to 106.68 level.
Asian markets were mixed on Wednesday as China&#8217;s CSI 300, Australia&#8217;s ASX 200, and Hong Kong&#8217;s Hang Seng declined. While, Japan&#8217;s Nikkei 225, India&#8217;s S&amp;P BSE Sensex, and South Korea&#8217;s Kospi Index advanced. Most European markets declined.
Read Next:
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<li><a href="https://www.benzinga.com/general/market-summary/24/12/42405749/bitcoin-far-more-of-a-threat-than-a-brics-reserve-currency-says-jeremy-siegel-find-it-curious-that-trump-championed-btc-at-100k">Bitcoin Far More Of A Threat Than A BRICS Reserve Currency, Says Jeremy Siegel: Find It &#8216;Curious&#8217; That Trump Championed BTC At 100K</a></li>
</ul>
Photo courtesy: Wikimedia

Futures

LAES

QUBT

RGTI

US Futures Mixed As Street Braces For Inflation Data: Analyst Says 2024 Will Go Down As The 'Best Election Year Return Ever'

<h3>Companies Reporting Before The Bell</h3>
• Vera Bradley (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRA#NASDAQ">VRA</a>) is likely to report quarterly earnings at $0.06 per share on revenue of $98.70 million. 
• REV Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/REVG#NYSE">REVG</a>) is expected to report quarterly earnings at $0.49 per share on revenue of $603.33 million. 
• Macy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) is projected to report quarterly earnings at $0.03 per share on revenue of $4.72 billion. 
• Cognyte Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGNT#NASDAQ">CGNT</a>) is expected to report quarterly loss at $0.04 per share on revenue of $87.42 million. 
• Kanzhun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZ#NASDAQ">BZ</a>) is estimated to report quarterly earnings at $0.22 per share on revenue of $266.36 million. 
• Photronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAB#NASDAQ">PLAB</a>) is likely to report quarterly earnings at $0.52 per share on revenue of $218.00 million. 
• Waterdrop (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WDH#NYSE">WDH</a>) is estimated to report earnings for its third quarter. 
<h3>Companies Reporting After The Bell</h3>
• Nordson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) is projected to report quarterly earnings at $2.59 per share on revenue of $736.79 million. 
• Oxford Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) is estimated to report quarterly earnings at $0.09 per share on revenue of $316.83 million. 
• Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) is estimated to report quarterly earnings at $4.66 per share on revenue of $5.54 billion. 
• Champions Oncology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSBR#NASDAQ">CSBR</a>) is likely to report quarterly earnings at $0.01 per share on revenue of $13.05 million. 
• 17 Education &amp; Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YQ#NASDAQ">YQ</a>) is estimated to report earnings for its third quarter. 
• Kewaunee Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KEQU#NASDAQ">KEQU</a>) is estimated to report earnings for its second quarter. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CGNT

CSBR

KEQU

PLAB

REVG

Earnings Scheduled For December 11, 2024

The CNN Money Fear and Greed index showed a slight decline in the overall market sentiment, while the index remained in the &#8220;Neutral&#8221; zone on Tuesday.
U.S. stocks settled lower on Tuesday, with the Dow Jones index recording losses for the fourth straight session.
Oracle Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) posted weaker-than-expected earnings and sales results for its second quarter on Monday. Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) shares surged 5.6% following the unveiling of Google&#8217;s quantum computing chip.
On the economic data front, U.S. nonfarm business sector labor productivity increased by 2.2% in the third quarter, which is in line with the preliminary reading.
Most sectors on the S&amp;P 500 closed on a negative note, with real estate, information technology, and materials stocks recording the biggest losses on Tuesday. However, communication services and consumer staples stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 154 points to 44,247.83 on Tuesday. The S&amp;P 500 fell 0.30% to 6,034.91, while the Nasdaq Composite dipped 0.25% to close at 19,687.24 during Tuesday's session.
Investors are awaiting earnings results from Macy&#8217;s, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>), Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>), and Nordson Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 48.5, the index remained in the &#8220;Neutral&#8221; zone on Tuesday, versus a prior reading of 48.9.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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Photo courtesy: Shutterstock

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With U.S. stock futures trading slightly higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Macy&#8217;s, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) to report a quarterly loss at 1 cent per share on revenue of $4.72 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Macy&#8217;s shares fell 0.1% to $16.71 in after-hours trading.</li>
<li>Stitch Fix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFIX#NASDAQ">SFIX</a>) reported better-than-expected first-quarter earnings and sales results on Tuesday. Stitch Fix shares climbed 21.7% to $5.60 in the after-hours trading.</li>
<li>Analysts expect Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) to post quarterly earnings at $4.66 per share on revenue of $5.54 billion. The company will release earnings after the markets close. Adobe shares climbed 0.2% to $547.98 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Dave &amp; Buster&#8217;s Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) reported worse-than-expected third-quarter EPS and sales results on Tuesday. The company also announced that CEO Chris Morris handed in his resignation to pursue other interests. The board said it has been working with a global executive search firm in recent months to assist in identifying the company's next permanent CEO. Dave &amp; Buster&#8217;s shares dipped 11.2% to $32.67 in the after-hours trading session.</li>
<li>Analysts expect Nordson Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) to post quarterly earnings at $2.59 per share on revenue of $736.35 million after the closing bell. Nordson shares fell 1% to close at $252.87 on Tuesday.</li>
</ul>
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Photo courtesy: Shutterstock

Macy's, Adobe And 3 Stocks To Watch Heading Into Wednesday

Nordson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) is preparing to release its quarterly earnings on Wednesday, 2024-12-11. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Nordson to report an earnings per share (EPS) of $2.62.
Investors in Nordson are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Earnings History Snapshot</h3>
In the previous earnings release, the company beat EPS by $0.08, leading to a 3.33% increase in the share price the following trading session.
Here's a look at Nordson's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>2.33</td>
<td>2.31</td>
<td>2.04</td>
<td>2.39</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>2.41</td>
<td>2.34</td>
<td>2.21</td>
<td>2.46</td>
</tr>
<tr>
<td>Price Change %</td>
<td>3.0%</td>
<td>-9.0%</td>
<td>4.0%</td>
<td>4.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1733839260_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Nordson were trading at $255.43 as of December 09. Over the last 52-week period, shares are up 6.11%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<a href="https://www.benzinga.com/quote/NDSN/earnings">To track all earnings releases for Nordson visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What's Next: Nordson's Earnings Preview

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Shares of machinery companies are trading higher. Investors may be reacting to the US presidential election and its impact on the industry.

It has been about a month since the last earnings report for Nordson (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ndsn#NASDAQ">NDSN</a>). Shares have added about 1.6% in that time frame, underperforming the S&amp;P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Nordson due for a pullback? Before we dive into how investors and analysts have reacted as of late, let&#39;s take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
<h3>Nordson Beats on Q3 Earnings, Sales Rise Y/Y</h3>
Nordson&#39;s third-quarter fiscal 2024 (ended Jul 31, 2024) adjusted earnings of $2.41 per share surpassed the Zacks Consensus Estimate of $2.33. The bottom line decreased 6% year over year.
<h3>Quarterly Results of Nordson</h3>
Nordson&#39;s revenues were $661.6 million, up 2% from the year-ago fiscal quarter&#39;s number driven by solid momentum in the Industrial Precision Solutions segment. Revenues beat the Zacks Consensus Estimate of $655 million.
Organic sales declined 1% year over year due to softness in the electronics and medical product lines. Acquisitions had a positive impact of 4% while foreign currency translation had a negative impact of 1%.
On a regional basis, revenues from the Asia Pacific region increased 2.4% year over year to $195.2 million. Revenues generated from Europe increased 7.1% to $179.4 million while the metric in the Americas decreased 1.2% to $287 million.
Nordson reports revenues under three segments. The segments are Industrial Precision Solutions, Medical and Fluid Solutions and Advanced Technology Solutions. A brief snapshot of the segmental sales is provided below:
Revenues from Industrial Precision Solutions amounted to $370.6 million, up 9.6% from the year-ago fiscal quarter&#39;s level. The segment contributed 56% to NORDSON&#39;s top line in the quarter.
Organic sales increased 3.6% from the year-ago fiscal quarter&#39;s level. Acquisitions had a positive impact of 7.4% while foreign currency translation had a negative impact of 1.4%.
Revenues from Medical and Fluid Solutions amounted to $166.7 million, down 2.4% from the year-ago fiscal quarter&#39;s level. The segment contributed 25.2% to Nordson&#39;s top line.
Organic sales decreased 2% from the year-ago fiscal quarter&#39;s level. Foreign currency translation had a negative impact of 0.4%.
Advanced Technology Solutions&#39; sales were $124.3 million, down 10.9% from the year-ago fiscal quarter&#39;s figure. The metric represented 18.8% of Nordson&#39;s revenues in the period.
Organic sales decreased 10.2% from the year-ago fiscal quarter&#39;s level. Foreign currency translation had a negative impact of 0.7%.
<h3>Margin Profile</h3>
Nordson&#39;s cost of sales increased 1.5% from the year-ago fiscal quarter&#39;s level to $292.6 million. Gross profit was $369 million, up 2.4% from the year-ago fiscal quarter&#39;s level. The gross margin increased 30 basis points (bps) to 55.8%.
Selling and administrative expenses increased 6.7% year over year to $201.9 million. Adjusted EBITDA was $208.1 million, the margin being 31%. Operating income was $167.1 million, down 2.3% year on year. Operating margin of 25.3% decreased 110 bps from the year-ago period.
Net interest expenses totaled $17.8 million, reflecting a 54.8% increase from the year-ago fiscal quarter&#39;s level.
<h3>Balance Sheet &amp; Cash Flow</h3>
At the time of exiting the third quarter, Nordson&#39;s cash and cash equivalents were $165.3 million compared with $115.7 million recorded at the end of the fourth quarter of fiscal 2023. Long-term debt was $1.4 billion compared with $1.6 billion recorded at the end of fourth-quarter fiscal 2023.
In the first nine months of fiscal 2024, Nordson generated net cash of $459.8 million from operating activities, down 3.8% from the last fiscal year period&#39;s tally. Capital invested in purchasing property, plant and equipment totaled $43.8 million, up 81% from the year-ago fiscal period.
<h3>Dividends/Share Buyback</h3>
In the first nine months of fiscal 2024, Nordson paid out dividends of $116.8 million, up 4.8% from $111.5 million in the same period of the previous fiscal year.
Treasury purchase shares amounted to $34.1 million in the first nine months of the fiscal year, down from $78.2 million in the last fiscal year.
<h3>Outlook</h3>
For fiscal 2024 (ending October 2024), Nordson anticipates adjusted earnings to be in the range of $9.45-$9.65 per share compared with $9.35-$9.75 predicted earlier. Sales are expected to be in the range of $2.665-$2.705 billion compared with $2.630-$2.680 billion anticipated earlier.
<h2>How Have Estimates Been Moving Since Then?</h2>
In the past month, investors have witnessed a downward trend in fresh estimates.
<h2>VGM Scores</h2>
Currently, Nordson has an average Growth Score of C, a grade with the same score on the momentum front. Charting a somewhat similar path, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy.
Overall, the stock has an aggregate VGM Score of D. If you aren&#39;t focused on one strategy, this score is the one you should be interested in.
<h2>Outlook</h2>
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Nordson has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
<h2>Performance of an Industry Player</h2>
Nordson belongs to the Zacks Manufacturing - General Industrial industry. Another stock from the same industry, Applied Industrial Technologies (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ait#NYSE">AIT</a>), has gained 10.5% over the past month. More than a month has passed since the company reported results for the quarter ended June 2024.
Applied Industrial Technologies reported revenues of $1.16 billion in the last reported quarter, representing a year-over-year change of +0.2%. EPS of $2.64 for the same period compares with $2.35 a year ago.
For the current quarter, Applied Industrial Technologies is expected to post earnings of $2.28 per share, indicating a change of -4.6% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.5% over the last 30 days.
Applied Industrial Technologies has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of B.
<a href="https://www.zacks.com/stock/news/2339318/why-is-nordson-ndsn-up-1-6-since-last-earnings-report?cid=CS-BENZ-FT-realtime_blog-2339318">To read this article on Zacks.com click here.</a>

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Press Releases

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