Nordson Corp
NDSN: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|?> | LOCK|l&R | LOCK|Zx@R@b^ |
Nordson Earnings: Strong Growth in Electronics Product Lines
Wide-moat Nordson’s fiscal second-quarter adjusted EPS of $2.42 beat the FactSet consensus estimate by $0.06, sending shares up roughly 6% in intraday trading on May 29. We’ve slightly increased our fair value estimate to $249 from $246, primarily due to the time value of money, and we continue to see the name as modestly undervalued.
