Nordson Corp
NDSN: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$973.00 | Nfjm | Pflntznl |
Nordson Earnings: Continued Headwinds in Medical, but Electronics Improve Sequentially
After reviewing narrow-moat-rated Nordson’s fiscal third-quarter results, we’ve raised our fair value estimate to $235 per share from $233, mostly due to time value of money. We see the name as fairly valued at current levels.