Nordson (NDSN, Financial) anticipates its third-quarter results to align with the full-year targets set earlier. The company's focus on a diverse product portfolio, alongside a decentralized business model, enables swift responses to customer demands. The in-region manufacturing strategy is expected to fuel growth with existing clients. Despite varied market conditions, Nordson consistently achieves top-tier profitability while maintaining a commitment to long-term growth initiatives.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Nordson Corp (NDSN, Financial) is $242.95 with a high estimate of $285.00 and a low estimate of $170.00. The average target implies an upside of 24.12% from the current price of $195.74. More detailed estimate data can be found on the Nordson Corp (NDSN) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Nordson Corp's (NDSN, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Nordson Corp (NDSN, Financial) in one year is $260.51, suggesting a upside of 33.09% from the current price of $195.74. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Nordson Corp (NDSN) Summary page.
