Recent exceptional positive changes in fundamentals have benefitted Nordson Corp (NASDAQ: NDSN): the consensus estimate for October, 2024 increased significantly, the stock’s power rating rose above 70, the consensus estimate for October, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, NDSN is expected to continue to be a major Value Builder.
Nordson has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Nordson has a poor Appreciation Score of 18 but a good Power Rating of 78, resulting in the Low Neutral Value Trend Rating.
Recent Price Action
On 3/21/24, Nordson Corp (NASDAQ: NDSN) stock increased 2.0%, closing at $270.14. However, this advance was accompanied by below average trading volume at 69% of normal. Relative to the market the stock has been strong over the last nine months and has risen 2.0% during the last week.
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