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Nordson Corp

Nordson Corp Stock Forecast & Price Prediction

Live Nordson Corp Stock (NDSN) Price
$260.99

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

$260.99

P/E Ratio

31.75

Volume Traded Today

$122,000

Dividend

$0.78

52 Week High/low

279.38/222.18

Nordson Corp Market Cap

$14.92B

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NDSN Summary

The Nordson Corp (NDSN) share price is expected to increase by 6.39% 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
Matthew Summerville
DA Davidson

Buy

$295

Maintains

May 22, 2024
Michael Halloran
Baird

Outperform

$272

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
Michael Halloran
Baird

Outperform

$241

Maintains

Feb 22, 2023
Jeffrey Hammond
Keybanc

Overweight

$255

Upgrade

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: Engineers and manufactures fluid dispensing systems.

Business Model: The company operates through three segments: Industrial Precision Solutions, Medical and Fluid Solutions, and Advanced Technology Solutions. It generates revenue by providing a wide range of dispensing, coating, and assembly systems across various industries, including medical, packaging, and technology. Nordson markets its products through direct sales and a network of distributors and sales representatives.

Other Information: Founded in 1909 and headquartered in Westlake, Ohio, Nordson Corporation has established itself as a leader in fluid dispensing technology. The company is focused on innovation and delivering high-performance solutions, catering to diverse applications globally.
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

$14.92B

Nordson Corp (NDSN) Financial Data

In 2023, NDSN generated $2.63B in revenue, which was a increase of 0.00% 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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$2.63B

0.00 %
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 $14.92B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $2.63B
  • EPS this year (TTM) $8.22

Nordson Corp (NDSN) Latest News

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. Two alternative strategies have outperformed NOBL in CAGR over a 40-month tracking period.

Why It Matters - The outperformance of alternative strategies compared to the ProShares S&P 500 Dividend Aristocrat ETF (NOBL) suggests potential for higher returns, influencing investment decisions and portfolio allocations.

News Image

Mon, 25 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Nordson Corporation (Nasdaq: NDSN) released its 2024 ESG Update, detailing progress on climate targets and ESG initiatives, highlighting advancements in emissions reduction and clean energy strategies.

Why It Matters - Nordson's ESG update signals commitment to sustainability, potentially enhancing its reputation and attracting socially responsible investors, which can positively influence stock performance.

News Image

Tue, 19 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

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

Why It Matters - Leadership transitions can impact a company's strategic direction and community 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 Q4 and FY 2024 earnings on December 11, 2024. A webcast is scheduled for December 12 at 8:30 AM ET.

Why It Matters - Nordson's upcoming earnings release and webcast date signal important financial insights, influencing stock performance and investment decisions based on quarterly results.

News Image

Tue, 12 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - NDSN reports strong performance in its Industrial Precision Solutions unit and benefits from acquisitions and shareholder-friendly policies, though faces challenges in its Advanced Technology Solutions unit.

Why It Matters - NDSN's strong performance in Industrial Precision Solutions and shareholder-friendly actions may boost stock value, while weakness in Advanced Technology Solutions could pose risks.

News Image

Wed, 13 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Nordson Test & Inspection received the Prime Award at the Step-by-Step Excellence Awards for its SQ3000M2 Automated Optical Inspection system, recognized for superior performance in micro-electronics applications.

Why It Matters - Nordson's Prime Award for the SQ3000M2 enhances its market reputation, potentially boosting sales and attracting investment in its innovative technology for micro-electronics.

...

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.