Analyst Ratings for Nordson Corp. (NDSN)

Updated: 2017-07-28

An average rating of Overweight has been given to Nordson Corp. (NASDAQ:NDSN) by analysts covering the stock. About 30 days ago, NDSN was issued an average rating of Overweight.

A buy rating was issued by 4 analysts, 1 issued an overweight rating, 7 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Investment analysts gave a few price targets for NDSN. The maximum price target given was 160, implying a possible profit of 27.26 percent. The minimum price target given was 123, which equates to a potential downside of -2.17 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.91 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 4.7 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.47 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

NDSN has an estimated earnings growth rate of 13.28 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. NDSN has a PEG ratio of 2.

NDSN has traded between a high of 131.49 and a low of 87.51 over the past year. The current market price is above the trailing year's low by 43.68 percent, and 4.38 percent below the high. NDSN has a P/E ratio of 26.53. Investors typically compare the P/E ratio to a company's peers in the industry. The NDSN value stock report compares NDSN to some of its peers using value stock charts. The stock has a market capitalization of $7.25 billion. NDSN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.