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Nordson Corp

Nordson Corp Stock Forecast & Price Prediction

Live Nordson Corp Stock (NDSN) Price
$255.43

9

Ratings

  • Buy 3
  • Hold 6
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$255.43

P/E Ratio

31.07

Volume Traded Today

$396,900

Dividend

$0.78

52 Week High/low

279.38/222.18

Nordson Corp Market Cap

$14.61B

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NDSN Summary

The Nordson Corp (NDSN) share price is expected to increase by 8.71% over the next year. This is based on calculating the average 12-month share price estimate provided by 9 stock analysts who have covered NDSN. Price targets range from $255 at the low end to $295 at the high end. The current analyst consensus for NDSN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

NDSN Analyst Ratings

About 9 Wall Street analysts have assignedNDSN 3 buy ratings, 6 hold ratings, and 0 sell ratings. This means that analysts expect Nordson Corp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on NDSN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

NDSN stock forecast by analyst

These are the latest 20 analyst ratings of NDSN.

Analyst/Firm

Rating

Price Target

Change

Date

Michael Halloran
Baird

Outperform

$287

Maintains

Aug 23, 2024
Michael Halloran
Baird

Outperform

$272

Maintains

May 22, 2024
Matthew Summerville
DA Davidson

Buy

$295

Maintains

May 22, 2024
Matt Summerville
DA Davidson

Buy

$315

Maintains

Feb 27, 2024
Jeffrey Hammond
Keybanc

Sector Weight


Downgrade

Feb 26, 2024

Baird

Outperform


Maintains

Feb 23, 2024
Allison Poliniak Cusic
Wells Fargo

Overweight

$315

Maintains

Feb 23, 2024
Saree Boroditsky
Jefferies

Hold

$240

Downgrade

Sep 26, 2023

Baird

Outperform


Maintains

Aug 23, 2023
Allison Poliniak Cusic
Wells Fargo

Overweight

$290

Maintains

Jul 18, 2023
Jeffrey Hammond
Keybanc

Overweight

$270

Maintains

Jun 22, 2023
Michael Halloran
Baird

Outperform

$251

Maintains

May 24, 2023
Chris Dankert
Loop Capital

Hold

$225

Maintains

Mar 21, 2023
Jeffrey Hammond
Keybanc

Overweight

$255

Upgrade

Feb 22, 2023
Michael Halloran
Baird

Outperform

$241

Maintains

Feb 22, 2023
Michael Halloran
Baird

Outperform

$259

Maintains

Dec 16, 2022
Allison Poliniak Cusic
Wells Fargo

Overweight

$270

Maintains

Oct 24, 2022
Michael Halloran
Baird

Outperform

$271

Maintains

Aug 24, 2022
Matt Summerville
DA Davidson

Buy

$270

Maintains

Aug 23, 2022
Connor Lynagh
Morgan Stanley

Equal-Weight

$250

Maintains

Jun 9, 2022

NDSN Company Information

What They Do: Dispenses and applies adhesives and coatings globally.

Business Model: The company operates through three segments: Industrial Precision Solutions, Medical and Fluid Solutions, and Advanced Technology Solutions. It generates revenue by engineering, manufacturing, and selling specialized dispensing systems and components for various industries, including packaging, medical devices, and semiconductor applications. Products are marketed through a direct sales force and distributors, ensuring a broad market reach.

Other Information: Founded in 1909 and headquartered in Westlake, Ohio, the company has a long history of innovation in fluid dispensing technology. Its diverse product offerings cater to multiple sectors, enhancing its market resilience and growth opportunities.
NDSN
Nordson Corp (NDSN)

When did it IPO

1990

Staff Count

7,700

Country

United States

Sector/Industry

Industrials/Specialty Industrial Machinery

CEO

Mr. Sundaram Nagarajan

Market Cap

$14.61B

Nordson Corp (NDSN) Financial Data

In 2023, NDSN generated $2.63B in revenue, which was a increase of 1.48% from the previous year. This can be seen as a signal that NDSN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$2.12B

Revenue From 2021

$2.36B

11.37 %
From Previous Year

Revenue From 2022

$2.59B

9.65 %
From Previous Year

Revenue From 2023

$2.63B

1.48 %
From Previous Year
  • Revenue TTM $2.66B
  • Operating Margin TTM 25.4%
  • Gross profit TTM $1.43B
  • Return on assets TTM 9.1%
  • Return on equity TTM 17.4%
  • Profit Margin 17.7%
  • Book Value Per Share 49.91%
  • Market capitalisation $14.61B
  • Revenue for 2021 $2.36B
  • Revenue for 2022 $2.59B
  • Revenue for 2023 $2.63B
  • EPS this year (TTM) $8.22

Nordson Corp (NDSN) Latest News

News Image

Fri, 06 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Nordson (NDSN) analysts are evaluating key metrics for Q4 2024 to assess business performance beyond just top- and bottom-line estimates.

Why It Matters - Evaluating Nordson's key metrics gives insight into operational efficiency and growth potential, impacting future earnings projections and investor sentiment.

News Image

Mon, 02 Dec 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - The SPDR S&P 500 ETF gained 5.96% in November. December's top 15 dividend growth stocks have a 1.2% yield and are 22% undervalued, with a 12.41% CAGR since September 2020.

Why It Matters - Strong ETF gains signal market confidence, while undervalued dividend stocks with decent yields may attract income-focused investors, enhancing portfolio returns amid potential growth.

News Image

Tue, 26 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - The ProShares S&P 500 Dividend Aristocrat ETF (NOBL) has risen 10.26% year-to-date through October. Two alternative strategies are outperforming NOBL after 40 months of tracking.

Why It Matters - The outperforming strategies suggest potential alternatives to the Dividend Aristocrat ETF, indicating shifts in investment opportunities and competitive performance in dividends.

News Image

Mon, 25 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Nordson Corporation (Nasdaq: NDSN) released its 2024 ESG Update, highlighting progress on emissions reduction and clean energy targets as part of its ongoing ESG strategy implementation.

Why It Matters - Nordson's ESG Update signals commitment to sustainability, potentially enhancing its reputation and attracting socially conscious investors, impacting stock performance positively.

News Image

Tue, 19 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Nordson Corporation appointed Maria Spangler as director of the Nordson Foundation and Community Relations, effective Dec. 2, 2024, succeeding Cecilia Render, who retires Dec. 31, 2024.

Why It Matters - Leadership changes, especially in community relations, can impact a company's public image and stakeholder engagement, influencing investor confidence and potential future performance.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Nordson Corporation (Nasdaq: NDSN) will release its Q4 and FY 2024 earnings on December 11, 2024, after market close, with a webcast on December 12 at 8:30 AM ET.

Why It Matters - Nordson's upcoming earnings release and webcast date signal important financial performance updates, influencing market expectations and stock valuation.

...

NDSN Frequently asked questions

The highest forecasted price for NDSN is $295 from Matthew Summerville at DA Davidson.

The lowest forecasted price for NDSN is $255 from Matt Summerville from DA Davidson

The NDSN analyst ratings consensus are 3 buy ratings, 6 hold ratings, and 0 sell ratings.