Nordson Corp
NDSN: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <cd | LOCK|K&h | LOCK|x#v>$p |
Nordson Earnings: Solid Results but Disappointing Fiscal 2025 Outlook
Wide-moat-rated Nordson ended its fiscal 2024 with a solid fourth quarter, as its full-year adjusted EPS of $9.73 beat our estimate by $0.12 and the FactSet consensus estimate by $0.19. Despite the earnings beat, we've lowered our fair value estimate to $246 from $257 because Nordson's guidance for fiscal 2025 came in below our expectations. Management anticipates full-year sales growth of 2%-7% and adjusted EPS of $9.70-$10.50, compared with our prior estimate of $10.58.
