Nordson Corp

NDSN: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$148.00	Sdvrdv	Wpkwgrm

Nordson Maintains Full-Year Outlook After Solid Fiscal Third Quarter; Raising FVE

Krzysztof Smalec

Aug 24, 2022

Narrow-moat-rated Nordson posted solid fiscal third-quarter results, with adjusted EPS of $2.49 up 3% year over year. We’ve bumped our fair value estimate up to $238 from $235, mostly due to time value of money, and view shares as fairly valued at current levels.

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