|Company name||Nordson Corporation|
|Live stock price||[stckqut]NDSN[/stckqut]|
|P/E compared to competitors||Fair|
|Confident Investor Rating||Fair|
|Target stock price (TWCA growth scenario)||$75.04|
|Target stock price (averages with growth)||$89.31|
|Target stock price (averages with no growth)||$69.24|
|Target stock price (manual assumptions)||$76.19|
The following company description is from Google Finance: http://www.google.com/finance?q=ndsn
Nordson Corporation is a manufacturer of equipment used for precision material dispensing, testing and inspection, surface preparation and curing. Its technology-based systems can be found in production facilities globally. It serves diverse markets, including the consumer non-durable, consumer durable and technology end markets including packaging, nonwovens, electronics, medical, appliances, energy, transportation, building and construction, and general product assembly and finishing. Its products are marketed through a network of direct operations in more than 30 countries. The Company operates in three segments: Adhesive Dispensing Systems, Advanced Technology Systems and Industrial Coating Systems. In September 2013, Nordson Corporation completed the acquisition of Munster, Germany based Kreyenborg Group's Kreyenborg GmbH and BKG Bruckmann & Kreyenborg Granuliertechnik GmbH companies.
Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in Nordson Corporation as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns. I am leaving Nordson on my Watch List for now as I need more companies in this space. If the metrics do not improve, I will drop the company from the list in the future.
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How was this analysis of Nordson Corporation calculated?
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