At the time of writing, Nordson Corp [NDSN] stock is trading at $211.48, up 1.96%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NDSN shares have gain 2.95% over the last week, with a monthly amount drifted -7.69%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nordson Corp [NASDAQ: NDSN] stock has seen the most recent analyst activity on December 17, 2024, when Seaport Research Partners upgraded its rating to a Buy but kept the price target unchanged to $250 for it. Previously, Robert W. Baird downgraded its rating to Neutral on December 13, 2024, and dropped its price target to $237. On February 26, 2024, downgrade downgraded it’s rating to Sector Weight. Exane BNP Paribas started tracking the stock assigning a Outperform rating and suggested a price target of $275 on October 05, 2023. Jefferies downgraded its rating to a Hold and reduced its price target to $240 on September 26, 2023. KeyBanc Capital Markets upgraded its rating to Overweight for this stock on February 22, 2023, but kept the price target unchanged to $255. In a note dated March 30, 2022, Loop Capital initiated an Hold rating and provided a target price of $250 on this stock.
For the past year, the stock price of Nordson Corp fluctuated between $196.83 and $279.38. Currently, Wall Street analysts expect the stock to reach $287 within the next 12 months. Nordson Corp [NASDAQ: NDSN] shares were valued at $211.48 at the most recent close of the market. An investor can expect a potential return of 35.71% based on the average NDSN price forecast.
Analyzing the NDSN fundamentals
According to Nordson Corp [NASDAQ:NDSN], the company’s sales were 2.69B for trailing twelve months, which represents an 3.50% jump. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.17 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.75.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 209.10 points at the first support level, and at 206.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 213.72, and for the 2nd resistance point, it is at 215.95.
Ratios To Look Out For
It is important to note that Nordson Corp [NASDAQ:NDSN] has a current ratio of 2.41. As well, the Quick Ratio is 1.51, while the Cash Ratio is 0.22. Considering the valuation of this stock, the price to sales ratio is 4.48, the price to book ratio is 4.13 and price to earnings (TTM) ratio is 26.08.
Transactions by insiders
Recent insider trading involved Lovass Stephen, Executive Vice President, that happened on Jan 07 ’25 when 1299.0 shares were sold. Officer, Lovass Stephen completed a deal on Jan 07 ’25 to buy 1299.0 shares. Meanwhile, Executive Vice President Lovass Stephen sold 317.0 shares on Dec 02 ’24.
