Nordson Stock Today

NDSN Stock  USD 240.57  3.96  1.67%   

Performance

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Odds Of Distress

Less than 3

 
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Nordson is selling at 240.57 as of the 23rd of July 2024; that is 1.67% increase since the beginning of the trading day. The stock's open price was 236.61. Nordson has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on June 13, 2024, Senator Tommy Tuberville of US Senate acquired under $15k worth of Nordson's common stock.
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 57.27 M outstanding shares of which 1.1 M shares are now shorted by private and institutional investors with about 4.24 trading days to cover. More on Nordson

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Nordson Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEO, DirectorSundaram Nagarajan
Business ConcentrationIndustrial 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
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.110.0928
Fairly Up
Slightly volatile
Asset Turnover1.090.58
Way Up
Slightly volatile
Gross Profit Margin0.640.62
Sufficiently Up
Slightly volatile
Total Current Liabilities702.9 M669.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.5 B2.4 B
Sufficiently Up
Slightly volatile
Total Assets6.3 BB
Sufficiently Up
Slightly volatile
Total Current Assets1.5 B1.4 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities774.3 M737.5 M
Sufficiently Up
Slightly volatile
Debt Levels
Nordson can leverage 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.
Liquidity
Nordson currently holds 1.74 B in liabilities with Debt to Equity (D/E) ratio of 0.42, which is about average as compared to similar companies. Nordson has a current ratio of 1.32, which is within standard range for the sector. Note, when we think about Nordson's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

1.18 Billion
Nordson (NDSN) is traded on NASDAQ Exchange in USA. It is located in 28601 Clemens Road, Westlake, OH, United States, 44145-4551 and employs 7,700 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 13.55 B. Nordson conducts business under Machinery sector and is part of Industrials industry. The entity has 57.27 M outstanding shares of which 1.1 M shares are now shorted by private and institutional investors with about 4.24 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 Allocation
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 on June 13, 2024, Senator Tommy Tuberville of US Senate acquired under $15k worth of Nordson's common stock.
Check Nordson Ownership Details

Nordson Stock Institutional Holders

InstituionRecorded OnShares
Proshare Advisors Llc2024-03-31
684.2 K
Royal London Asset Management Ltd2024-03-31
618.8 K
Fmr Inc2024-03-31
606.2 K
Norges Bank2023-12-31
601.7 K
American Century Companies Inc2024-03-31
586 K
Wellington Management Company Llp2024-03-31
552.8 K
Wells Fargo & Co2024-03-31
497.5 K
Bank Of New York Mellon Corp2024-03-31
478.4 K
Charles Schwab Investment Management Inc2024-03-31
473.4 K
Vanguard Group Inc2024-03-31
6.1 M
Blackrock Inc2024-03-31
3.9 M
View Nordson Diagnostics

Nordson Historical Income Statement

At this time, Nordson's EBIT is very stable compared to the past year. As of the 23rd of July 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 Fundamentals

Nordson Stock Against Markets

Additional Information and Resources on Investing in Nordson Stock

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 closely tied 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Industrial Machinery & Supplies & Components space 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
(0.07)
Dividend Share
2.69
Earnings Share
8.4
Revenue Per Share
46.464
Quarterly Revenue Growth
0.001
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.