Why Nordson Corporation Stock Popped 18% Today
Shares of adhesives- and coatings-dispensing equipment maker Nordson Corporation (NASDAQ: NDSN) stock jumped nearly 18% Thursday, and they're still up close to their highs of the day (up 17.9%) as of 11:15 a.m. EST. The reason, as you might suspect, is earnings.
Last night, Nordson beat analyst expectations with a report of $573.9 million in fiscal fourth-quarter 2017 sales and profits of $1.37 per share.
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Source: Fool.com
Nordson Corp. Stock
€214.70
-13.600%
Nordson Corp. is currently one of the favorites of our community with 7 Buy predictions and no Sell predictions.
With a target price of 261 € there is a positive potential of 21.56% for Nordson Corp. compared to the current price of 214.7 €.
