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Nordson (Nordson) Momentum Rank

: 10 (As of Today)
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Nordson has the Momentum Rank of 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison

For the Specialty Industrial Machinery subindustry, Nordson's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nordson Momentum Rank Distribution

For the Industrial Products industry and Industrials sector, Nordson's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Nordson's Momentum Rank falls into.



Nordson Momentum Rank Related Terms

Thank you for viewing the detailed overview of Nordson's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Nordson (Nordson) Business Description

Traded in Other Exchanges
Address
28601 Clemens Road, Westlake, OH, USA, 44145
Nordson is a manufacturer of equipment (including pumps, valves, dispensers, applicators, filters, and pelletizers, among other equipment) used for dispensing adhesives, coatings, sealants, and other materials. The firm serves a diverse range of end markets including packaging, medical, electronics, and industrial. Nordson's business is organized into three segments: industrial precision solutions, medical and fluid solutions, and advanced technology solutions. The company generated approximately $2.6 billion in revenue in its fiscal 2023.
Executives
Srinivas Subramanian officer: Executive Vice President 28601 CLEMENS ROAD, WESTLAKE OH 44145
Stephen Lovass officer: Executive Vice President C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE X1 44145
Joseph P Kelley officer: EVP and CFO 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Stephen F Shamrock officer: Interim CFO 28601 CLEMENS ROAD, WESTLAKE OH 44145
Mary G Puma director AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Jeffrey A Pembroke officer: Executive Vice President C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE OH 44145
Sarah Siddiqui officer: EVP, CHRO C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE OH 44145
Shelly Peet officer: Executive Vice President 28601 CLEMENS ROAD, WESTLAKE OH 44145
Sundaram Nagarajan director, officer: President and CEO 28601 CLEMENS ROAD, WESTLAKE OH 44145
Jennifer L Mcdonough officer: EVP, GC, and Secretary C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE OH 44145
Michael J Merriman director C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
Richey Victor L Jr director C/O ESCO TECHNOLOGIES, 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Frank M Jaehnert director C/O ITRON, INC., 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Ginger M Jones director 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Jennifer A Parmentier director 6035 PARKLAND BLVD, CLEVELAND OH 44124

Nordson (Nordson) Headlines

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