Is Wall Street Bullish or Bearish on Nordson Stock?

Nordson Corporation (NDSN), based in Westlake, Ohio, manufactures and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, and other fluids worldwide. With a market cap of $14.8 billion, it operates through Industrial Precision Solutions, Medical and Fluid Solutions, and Advanced Technology Solutions segments

The elevator manufacturer has underperformed the broader market over the past year. Over the past 52 weeks, NDSN gained 12.2%, lagging behind the S&P 500 Index’s ($SPX) 32.6% returns. In 2024, NDSN is down 1.2% compared to SPX’s 26.5 gains on a YTD basis.