Nordson (NDSN) Stock Price, News & Analysis

Company Overview

Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. It operates through three segments: Industrial Precision Solutions; Medical and Fluid Solutions; and Advanced Technology Solutions. The Industrial Precision Solutions segment provides dispensing, coating, and laminating systems for adhesives, lotions, liquids, and fibers to disposable products and roll goods; automated adhesive dispensing systems used in packaged goods industries; components and systems used in the thermoplastic and biopolymer melt stream; precision agriculture spraying solutions; fluid components, such as nozzles, pumps, and filters; and product assembly systems for use in paper and paperboard converting applications, and manufacturing roll goods. It also offers automated and manual dispensing products and systems for cold materials, container coating, liquid finishing, and powder coating, as well as ultraviolet equipment used primarily in curing and drying operations. The Medical and Fluid Solutions segment offers medical devices, including cannulas, catheters, and medical balloons; single-use plastic components; precision manual and semi-automated dispensers; minimally invasive interventional delivery devices; and plastic molded syringes, cartridges, tips, and fluid connection components. The Advanced Technology Solutions segment provides automated dispensing systems for the attachment, protection, and coating of fluids, as well as related gas plasma treatment systems for cleaning and conditioning surfaces; and bond testing and automated optical, acoustic microscopy, and x-ray inspection systems for use in semiconductor and printed circuit board industries. The company markets its products through direct sales force, as well as distributors and sales representatives. Nordson Corporation was founded in 1909 and is headquartered in Westlake, Ohio.

Key Stats

• Today's Range: $252.57 to $258.37
• 50-Day Range: $247.56 to $264.36
• 52-Week Range: $222.18 to $279.38
• Volume: 70,097 shs
• Average Volume: 232,011 shs
• Market Capitalization: $14.70 billion
• P/E Ratio: 31.32
• Dividend Yield: 1.21%
• Price Target: $299.00
• Consensus Rating: Moderate Buy

Nordson Stock Analysis - MarketRank™

Nordson scored higher than 88% of companies evaluated by MarketBeat, and ranked 31st out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Nordson has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Nordson has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 8.38%

Earnings Growth

Earnings for Nordson are expected to grow by 8.38% in the coming year, from $9.55 to $10.35 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Nordson is 31.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.53.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nordson is 31.32, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 22.92.

Price to Earnings Growth Ratio

Nordson has a PEG Ratio of 1.86. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Nordson has a P/B Ratio of 5.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.77% of the float of Nordson has been sold short.

Short Interest Ratio / Days to Cover

Nordson has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Nordson has recently increased by 3.40%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Nordson pays a meaningful dividend of 1.25%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Nordson has been increasing its dividend for 62 years.

Dividend Coverage

The dividend payout ratio of Nordson is 38.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Nordson will have a dividend payout ratio of 30.14% next year. This indicates that Nordson will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.5 / 5
• Environmental Score: -1.75

Percentage of Shares Shorted

1.77% of the float of Nordson has been sold short.

Short Interest Ratio / Days to Cover

Nordson has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Nordson has recently increased by 3.40%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.07

News Sentiment

Nordson has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Nordson this week, compared to 7 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Nordson insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $808,951.00 in company stock.

Percentage Held by Insiders

Only 0.86% of the stock of Nordson is held by insiders.

Percentage Held by Institutions

72.11% of the stock of Nordson is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NDSN Stock Analysis - Frequently Asked Questions

How have NDSN shares performed this year?

Nordson's stock was trading at $264.16 at the beginning of the year. Since then, NDSN shares have decreased by 2.7% and is now trading at $257.12.
View the best growth stocks for 2024 here.

How were Nordson's earnings last quarter?

Nordson Co. (NASDAQ:NDSN) posted its quarterly earnings data on Wednesday, August, 21st. The industrial products company reported $2.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.33 by $0.08. Nordson's revenue for the quarter was up 2.0% compared to the same quarter last year.

Does Nordson have any subsidiaries?

The following companies are subsidiaries of Nordson: NDC Technologies, vivaMOS Ltd, Fluortek Inc., Cladach Nua Teoranta, Sonoscan Inc., Vention Medical, InterSelect, and more.

Who are Nordson's major shareholders?

Top institutional shareholders of Nordson include State Street Corp (4.61%), Geode Capital Management LLC (2.52%), Champlain Investment Partners LLC (1.46%) and FMR LLC (1.02%). Insiders that own company stock include James E Devries, Shelly Peet, Jeffrey A Pembroke, Mary G Puma, Joseph P Kelley, Stephen Lovass, Srinivas Subramanian and Jennifer L Mcdonough.
View institutional ownership trends.

How do I buy shares of Nordson?

Shares of NDSN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Nordson own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nordson investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 8/21/2024
• Ex-Dividend for 9/10 Dividend: 8/27/2024
• Dividend Payable: 9/10/2024
• Today: 11/21/2024
• Next Earnings (Confirmed): 12/11/2024
• Fiscal Year End: 10/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: General industrial machinery,
• Sub-Industry: Industrial Machinery
• Current Symbol: NASDAQ:NDSN
• CUSIP: 65566310
• CIK: 72331
• Web: www.nordson.com
• Phone: (440) 892-1580
• Fax: 440-892-9507
• Employees: 7,900
• Year Founded: 1954

Price Target and Rating

• Average Stock Price Target: $299.00
• High Stock Price Target: $315.00
• Low Stock Price Target: $287.00
• Potential Upside/Downside: +15.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $8.21
• Trailing P/E Ratio: 31.45
• Forward P/E Ratio: 27.03
• P/E Growth: 1.86
• Net Income: $487.49 million
• Net Margins: 17.75%
• Pretax Margin: 22.44%
• Return on Equity: 19.80%
• Return on Assets: 10.40%

Debt

• Debt-to-Equity Ratio: 0.49
• Current Ratio: 2.36
• Quick Ratio: 1.52

Sales & Book Value

• Annual Sales: $2.63 billion
• Price / Sales: 5.62
• Cash Flow: $11.45 per share
• Price / Cash Flow: 22.54
• Book Value: $45.57 per share
• Price / Book: 5.67

Miscellaneous

• Outstanding Shares: 57,180,000
• Free Float: 56,690,000
• Market Cap: $14.76 billion
• Optionable: Optionable
• Beta: 0.90