For its third fiscal quarter (ending July 31), Nordson Corp (NASDAQ: NDSN) has reported E.P.S. of $2.05 compared to $2.24 a year ago. E.P.S. were $8.28 for the latest four quarters through July 31 versus $8.77 for the same period a year ago.
Recent Price Action
Nordson Corp (NASDAQ: NDSN) stock enjoyed a large increase of 3.5% on 8/21/24. The stock closed at $247.78. Moreover, unusually high trading volume at 163% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 4.4% during the last week.
Current PriceTarget Research Rating
NDSN is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Nordson has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Nordson has a slightly negative Power Rating of 36 and a poor Appreciation Score of 22, leading to the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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