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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.