Nordson Corporation (NDSN)
NASDAQ: NDSN · IEX Real-Time Price · USD
274.54
+0.80 (0.29%)
Mar 28, 2024, 4:00 PM EDT - Market closed
Nordson Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Nordson stock have an average target of 280.75, with a low estimate of 240 and a high estimate of 315. The average target predicts an increase of 2.26% from the current stock price of 274.54.
Analyst Consensus: Buy
* Price targets were last updated on Feb 27, 2024.
Analyst Ratings
The average analyst rating for Nordson stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
Buy | 3 | 3 | 3 | 3 | 2 | 2 |
Hold | 2 | 2 | 2 | 2 | 3 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 5 | 5 | 5 | 5 | 6 | 5 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
DA Davidson | DA Davidson | Strong Buy Maintains $290 → $315 | Strong Buy | Maintains | $290 → $315 | +14.74% | Feb 27, 2024 |
Keybanc | Keybanc | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Feb 26, 2024 |
Wells Fargo | Wells Fargo | Buy Maintains $290 → $315 | Buy | Maintains | $290 → $315 | +14.74% | Feb 23, 2024 |
Jefferies | Jefferies | Strong Buy → Hold Downgrades $260 → $240 | Strong Buy → Hold | Downgrades | $260 → $240 | -12.58% | Sep 26, 2023 |
Baird | Baird | Buy Maintains $251 → $253 | Buy | Maintains | $251 → $253 | -7.85% | Aug 23, 2023 |
Financial Forecast
Revenue This Year
2.82B
from 2.63B
Increased by 7.36%
Revenue Next Year
2.97B
from 2.82B
Increased by 5.10%
EPS This Year
10.46
from 8.46
Increased by 23.68%
EPS Next Year
11.48
from 10.46
Increased by 9.73%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 2.9B | 3.1B | 3.3B | 3.8B |
Avg | 2.8B | 3.0B | 3.1B | 3.7B |
Low | 2.7B | 2.8B | 2.9B | 3.6B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 11.1% | 9.6% | 11.8% | 21.9% |
Avg | 7.4% | 5.1% | 6.0% | 18.4% |
Low | 1.7% | -0.8% | -1.4% | 13.7% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 10.92 | 12.18 | 13.39 | 13.51 |
Avg | 10.46 | 11.48 | 12.49 | 13.13 |
Low | 9.90 | 10.78 | 11.60 | 12.61 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 29.1% | 16.4% | 16.6% | 8.2% |
Avg | 23.7% | 9.7% | 8.8% | 5.1% |
Low | 17.0% | 3.0% | 1.0% | 1.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.