Nordson Corp

Nordson Corp Stock Forecast & Price Prediction

Live Nordson Corp Stock (NDSN) Price
$249.03

12

Ratings

  • Buy 7
  • Hold 5
  • 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

$249.03

P/E Ratio

30.19

Volume Traded Today

$191,600

Dividend

$0.78

52 Week High/low

279.38/219.46

Nordson Corp Market Cap

$14.17B

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NDSN Summary

The Nordson Corp (NDSN) share price is expected to increase by 13.64% over the next year. This is based on calculating the average 12-month share price estimate provided by 12 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 12 Wall Street analysts have assignedNDSN 7 buy ratings, 5 hold ratings, and 0 sell ratings. This means that analysts expect Nordson Corp to buy. 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: Provides fluid dispensing and control solutions.

Business Model: The company operates through three segments: Industrial Precision Solutions, Medical and Fluid Solutions, and Advanced Technology Solutions. It generates revenue by designing and selling advanced dispensing systems, automated equipment, and medical devices, targeting diverse industries such as packaging, healthcare, and technology.

Other Information: Founded in 1909 and headquartered in Westlake, Ohio, the company markets its products globally through a combination of direct sales and distribution channels, showcasing a wide range of applications for its innovative technologies.
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

$14.17B

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 $14.17B
  • Revenue for 2021 $2.36B
  • Revenue for 2022 $2.59B
  • Revenue for 2023 $2.63B
  • EPS this year (TTM) $8.21

Nordson Corp (NDSN) Latest News

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Nordson Test & Inspection's SpinSAM Acoustic Microimaging system won the 2024 Global Technology Award for Test Equipment, recognized for its high throughput and sensitivity in defect detection.

Why It Matters - Nordson's SpinSAM AMI system winning the 2024 Global Technology Award highlights its competitive edge and innovation, potentially boosting market share and investor confidence.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Nordson has received a Global Technology award for its ASYMTEK Select Coat SL-1040 Conformal Coating System, designed for high-volume electronics manufacturing.

Why It Matters - Nordson's award highlights its innovation in conformal coating technology, signaling potential growth in high-volume electronics manufacturing and likely positive financial performance.

News Image

Tue, 29 Oct 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) rose 11.6% in Q3. Three alternative strategies tracked for 39 months show higher CAGR and dividend yields than NOBL.

Why It Matters - The ProShares S&P 500 Dividend Aristocrats ETF's strong Q3 performance highlights its appeal, while new strategies may offer higher returns and yields, potentially shifting investor interest.

News Image

Thu, 24 Oct 2024

Sentiment - POSITIVE

Source - 24/7 Wall Street

Summary - Dividend Kings are companies that have increased their dividends for at least 50 consecutive years, indicating strong financial stability and commitment to returning value to shareholders.

Why It Matters - Dividend Kings indicate stable, reliable companies that can provide consistent income, attracting investors seeking long-term growth and lower risk in volatile markets.

News Image

Mon, 14 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Nordson (NDSN) has been upgraded to a Zacks Rank #2 (Buy), indicating increased confidence in its earnings outlook, which may lead to a rise in the stock price.

Why It Matters - Nordson's upgrade to a Zacks Rank #2 indicates positive earnings expectations, likely boosting investor sentiment and potentially increasing the stock's value.

News Image

Mon, 07 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Nordson EFD's PICO Nexฮผs jetting system has won a 2024 Edge Award from Machine Design in the Automation & IIOT category, highlighting its Smart Factory compatibility and Industry 4.0 features.

Why It Matters - Nordson EFD's PICO Nexฮผs jetting system recognition suggests strong innovation and market leadership, potentially enhancing revenue and investor confidence in the company's growth prospects.

...

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 7 buy ratings, 5 hold ratings, and 0 sell ratings.