Loading... Loading... The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of ...

Organic sales increased 1.8% from the year-ago fiscal quarter's level. Foreign currency translation had a negative impact of 0.3%. Nordson Corporation's (NDSN) second-quarter fiscal 2024 (ended Apr 30, 2024) adjusted earnings of $2.34 per share surpassed the Zacks Consensus Estimate of $2.30. The bottom line increased 13.3% year over year. Revenue Details Nordson's revenues were $650.6 million, which were up 0.1% from the year-ago fiscal quarter's number due to solid momentum in the Industrial Precision Sol ...

Key Takeaways Nordson (NDSN) shares fell sharply in premarket trading Tuesday morning after the industrial equipment maker trimmed its annual sales and earnings outlook amid weakness in electronics orders and agricultural challenges in Europe. The Westlake, Ohio-based company said it now expects full-year fiscal 2024 net sales growth to come in between flat and up 2%, significantly below its prior forecast of 4% to 7% growth. Analysts had been looking for annual revenue to reach $2.77 billion, representing ...

Nordson (NDSN) reported $650.64 million in revenue for the quarter ended April 2024, representing a year- over-year increase of 0.1%. EPS of $2.34 for the same period compares to $2.26 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $658.35 million, representing a surprise of -1.17%. The company delivered an EPS surprise of +1.74%, with the consensus EPS estimate being $2.30. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

Nordson (NDSN) came out with quarterly earnings of $2.34 per share, beating the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $2.26 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 1.74%. A quarter ago, it was expected that this maker of adhesives and industrial coatings would post earnings of $2.03 per share when it actually produced earnings of $2.21, delivering a surprise of 8.87%. Over the last ...

Commenting on the Company's fiscal 2024 second quarter results, Nordson President and Chief Executive Officer Sundaram Nagarajan said, "Once again, the teams delivered a solid operating performance, delivering strong gross margins and 31% EBITDA margin. Our sales were in line with management expectations with the IPS and MFS segments delivering organic growth. While we see positive early indicators, our Advanced Technology Solutions segment remains impacted by the electronics cycle. I am pleased with our ab ...

Photographer: Alex Kent/Bloomberg © 2024 Bloomberg Finance LP The coming week is post-OPEX (options expiration week) in May. This has been one of the stronger such weeks among the 12 months of any year since 1985. A rally into the end of the month is expected. Palo Alto reports after the bell on Monday. The stock is highly-ranked for relative strength and seasonality. The period from May through August has been a bullish stretch for this stock. Short-term cycles imply a positive reaction to the earnings ann ...

Nordson Corporation (NDSN) is scheduled to release second-quarter fiscal 2024 (ended Apr 30) results on May 20, after market close. The company has an impressive earnings surprise history, with the average beat being 5.2%. In the last reported quarter, its earnings of $2.21 per share surpassed the Zacks Consensus Estimate of $2.03 by 8.9%. Let's see how things have shaped up for Nordson this earnings season. Factors to Note The Industrial Precision Solutions segment's results are likely to benefit from stro ...

Analysts on Wall Street project that Nordson (NDSN) will announce quarterly earnings of $2.30 per share in its forthcoming report, representing an increase of 1.8% year over year. Revenues are projected to reach $658.35 million, increasing 1.3% from the same quarter last year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Ahead of a company's earnin ...

Nordson Corporation (NDSN) has failed to impress investors with its recent operational performance on account of weakness in the Advanced Technology Solutions segment and rising operating costs. These factors are likely to impede NDSN's earnings in the quarters ahead. Let's discuss the factors, which are likely to continue taking a toll on this Zacks Rank #4 (Sell) company. Business Weakness: Softness in the Advanced Technology Solutions segment raises concerns for the company. A decrease in demand for elec ...