Nordson Corp (NASDAQ: NDSN) is -3.42% lower on its value in year-to-date trading and has touched a low of $204.20 and a high of $279.38 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NDSN stock was last observed hovering at around $205.43 in the last trading session, with the day’s loss setting it -3.34%.
Currently trading at $202.09, the stock is -6.63% and -15.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.43 million and changing -1.63% at the moment leaves the stock -18.27% off its SMA200. NDSN registered -20.07% loss for a year compared to 6-month gain of -12.09%. The firm has a 50-day simple moving average (SMA 50) of $240.1506 and a 200-day simple moving average (SMA200) of $247.2641.
The stock witnessed a -20.56% loss in the last 1 month and extending the period to 3 months gives it a -19.26%, and is -3.42% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.29% over the week and 2.87% over the month.
Nordson Corp (NDSN) has around 8000 employees, a market worth around $11.52B and $2.69B in sales. Current P/E ratio is 24.92 and Fwd P/E is 18.53. Profit margin for the company is 17.37%. Distance from 52-week low is -1.03% and -27.66% from its 52-week high. The company has generated returns on investments over the last 12 months (9.12%).
The EPS is expected to grow by 2.79% this year
859.0 institutions hold shares in Nordson Corp (NDSN), with institutional investors hold 80.91% of the company’s shares. The shares outstanding are 57.20M, and float is at 51.75M with Short Float at 2.33%. Institutions hold 76.67% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.13 million shares valued at $1.42 billion. The investor’s holdings represent 10.7085 of the NDSN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.87 million shares valued at $897.99 million to account for 6.766 of the shares outstanding. The other top investors are KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC which holds 2.59 million shares representing 4.5285 and valued at over $601.03 million, while STATE STREET CORP holds 4.301 of the shares totaling 2.46 million with a market value of $570.83 million.
Nordson Corp (NDSN) Insider Activity
The most recent transaction is an insider sale by Lovass Stephen, the company’s Executive Vice President. SEC filings show that Lovass Stephen sold 1,299 shares of the company’s common stock on Jan 07 ’25 at a price of $206.79 per share for a total of $0.27 million. Following the sale, the insider now owns 7347.0 shares.
Still, SEC filings show that on Dec 02 ’24, Lovass Stephen (Executive Vice President) disposed off 317 shares at an average price of $260.75 for $82658.0. The insider now directly holds 6,666 shares of Nordson Corp (NDSN).
