Nordson Corp
NDSN: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$694.00 | Nvmg | Xqpfmxpt |
Nordson Earnings: Organic Sales Grow 1% Despite Headwinds in Semiconductor and Biopharma End Markets
Narrow-moat Nordson posted solid fiscal second-quarter results, featuring a nearly 18% year-over-year increase in adjusted EPS, from $1.88 to $2.21. While nothing in the earnings release materially alters our long-term outlook, we've bumped our fair value estimate up to $237 from $235 due to time value of money.