Nordson Stock Today
NDSN Stock | USD 259.59 0.47 0.18% |
Performance3 of 100
| Odds Of DistressLess than 3
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Nordson is selling at 259.59 as of the 20th of April 2024; that is 0.18 percent increase since the beginning of the trading day. The stock's open price was 259.12. Nordson has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Nordson are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 20th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 26th of March 1990 | Category Industrials |
Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. Nordson Corporation was founded in 1935 and is headquartered in Westlake, Ohio. The company has 57.19 M outstanding shares of which 810.98 K shares are now shorted by private and institutional investors with about 3.62 trading days to cover. More on Nordson
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Follow Valuation Options Odds of Bankruptcy
Financial Report 27th of May 2024
Nordson Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nordson's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nordson or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Nordson's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nordson's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
CEO | Michael Hilton | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Industrial Machinery & Supplies & Components, Specialty Industrial Machinery, Industrials, SP 500 Index, NASDAQ Composite, NASDAQ Composite Total, Industrials, Machinery, Specialty Industrial Machinery, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Nordson report their recommendations after researching Nordson's financial statements, talking to executives and customers, or listening in on Nordson's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Nordson. The Nordson consensus assessment is calculated by taking the average forecast from all of the analysts covering Nordson. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the analysis of Nordson's profitability, liquidity, and operating efficiency, Nordson is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Nordson is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Nordson's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Nordson's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nordson's financial leverage. It provides some insight into what part of Nordson's total assets is financed by creditors.
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Nordson (NDSN) is traded on NASDAQ Exchange in USA. It is located in 28601 Clemens Road, Westlake, OH, United States, 44145-4551 and employs 7,900 people. Nordson is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 14.85 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nordson's market, we take the total number of its shares issued and multiply it by Nordson's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Nordson conducts business under Machinery sector and is part of Industrials industry. The entity has 57.19 M outstanding shares of which 810.98 K shares are now shorted by private and institutional investors with about 3.62 trading days to cover.
Nordson currently holds about 128.74 M in cash with 641.28 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.25.
Check Nordson Probability Of Bankruptcy
Ownership AllocationNordson maintains a total of 57.19 Million outstanding shares. The majority of Nordson outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Nordson to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Nordson. Please pay attention to any change in the institutional holdings of Nordson as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Nordson Ownership Details
Nordson Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Nordson jumping above the current price in 90 days from now is about 69.85%. The Nordson probability density function shows the probability of Nordson stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.3319. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Nordson will likely underperform. Additionally, nordson has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Nordson to move above the current price in 90 days from now is about 69.85 (This Nordson probability density function shows the probability of Nordson Stock to fall within a particular range of prices over 90 days) .
Nordson Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Nordson that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nordson's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nordson's value.Instituion | Recorded On | Shares | |
Proshare Advisors Llc | 2023-12-31 | 743.3 K | |
Royal London Asset Management Ltd | 2023-12-31 | 723.5 K | |
American Century Companies Inc | 2023-12-31 | 621.1 K | |
Norges Bank | 2023-12-31 | 601.7 K | |
Fmr Inc | 2023-12-31 | 597.4 K | |
Wellington Management Company Llp | 2023-12-31 | 575.2 K | |
Bank Of New York Mellon Corp | 2023-12-31 | 490.5 K | |
Wells Fargo & Co | 2023-12-31 | 484.9 K | |
Northern Trust Corp | 2023-12-31 | 483.9 K | |
Vanguard Group Inc | 2023-12-31 | 6.1 M | |
Blackrock Inc | 2023-12-31 | 3.9 M |
Nordson Historical Income Statement
Nordson Income Statement is one of the three primary financial statements used for reporting Nordson's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Nordson revenue and expense. Nordson Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Nordson's EBIT is very stable compared to the past year. As of the 20th of April 2024, EBITDA is likely to grow to about 946.8 M, while Total Other Income Expense Net is likely to drop (564.2 K). View More FundamentalsNordson Stock Against Markets
Picking the right benchmark for Nordson stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nordson stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nordson is critical whether you are bullish or bearish towards Nordson at a given time. Please also check how Nordson's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nordson without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Nordson Corporate Directors
Nordson corporate directors refer to members of a Nordson board of directors. The board of directors generally takes responsibility for the Nordson's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Nordson's board members must vote for the resolution. The Nordson board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Michael Merriman | Independent Director | Profile | |
Lee Banks | Independent Director | Profile | |
Frank Jaehnert | Independent Director | Profile | |
James Jaye | Director - Communications & Investor Relations | Profile |
How to buy Nordson Stock?
Before investing in Nordson, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nordson. To buy Nordson stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nordson. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nordson stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nordson stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nordson stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Nordson, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Nordson Stock please use our How to Invest in Nordson guide.
Already Invested in Nordson?
The danger of trading Nordson is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nordson is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nordson. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nordson is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Nordson offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nordson's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nordson Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nordson Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nordson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. To learn how to invest in Nordson Stock, please use our How to Invest in Nordson guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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When running Nordson's price analysis, check to measure Nordson's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nordson is operating at the current time. Most of Nordson's value examination focuses on studying past and present price action to predict the probability of Nordson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordson's price. Additionally, you may evaluate how the addition of Nordson to your portfolios can decrease your overall portfolio volatility.
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Is Nordson's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nordson. If investors know Nordson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nordson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.05 | Dividend Share 2.66 | Earnings Share 8.56 | Revenue Per Share 46.463 | Quarterly Revenue Growth 0.037 |
The market value of Nordson is measured differently than its book value, which is the value of Nordson that is recorded on the company's balance sheet. Investors also form their own opinion of Nordson's value that differs from its market value or its book value, called intrinsic value, which is Nordson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nordson's market value can be influenced by many factors that don't directly affect Nordson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nordson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nordson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.