Industrial equipment maker Nordson's Q4 sales miss estimates

Overview

• Precision technology firm's Q4 sales rose 1% but missed analyst expectations

• Adjusted EPS for Q4 beat analyst expectations

Outlook

• Nordson forecasts fiscal 2026 sales between $2.83 bln and $2.95 bln

• Company expects fiscal 2026 adjusted EPS between $10.80 and $11.50

• Nordson sees Q1 fiscal 2026 sales between $630 mln and $670 mln

Result Drivers

• CURRENCY AND ACQUISITIONS - Q4 sales growth of 1% was driven by favorable currency translation and acquisitions, offset by divestiture and organic sales decrease

• SEGMENT PERFORMANCE - Industrial Precision Solutions sales decreased 2% due to weakness in polymer processing systems, while Medical and Fluid Solutions grew 10% driven by product line growth

• ADJUSTED EPS GROWTH - Adjusted EPS increased 9% year-over-year, attributed to operational efficiency and strategic divestitures

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

• Wall Street's median 12-month price target for Nordson Corp is $252.00, about 8% above its December 9 closing price of $233.44

• The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nBw4QGLpCa

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