Nordson traded at $274.88 this Friday May 15th, decreasing $5.40 or 1.93 percent since the previous trading session. Looking back, over the last four weeks, Nordson lost 0.66 percent. Over the last 12 months, its price rose by 33.86 percent. Looking ahead, we forecast Nordson to be priced at 269.35 by the end of this quarter and at 253.44 in one year, according to Trading Economics global macro models projections and analysts expectations.
Nordson Corporation engineers, manufactures and markets differentiated products and systems used to dispense, apply and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids, to test and inspect for quality, and to treat and cure surfaces. The Company's segments include Industrial Precision Solutions (IPS) and Advanced Technology Solutions (ATS). Its IPS segment offer adhesive dispensing systems, coating and laminating systems, and polymer processing components and systems. The ATS segment offers electronics systems that include automated dispensing systems, it also offers fluid management systems and test and inspection related solutions that includes bond testing and automated optical, acoustic microscopy and x-ray inspection systems used in the semiconductor and printed circuit board industries. It serves a wide variety of consumer non-durable, consumer durable and technology end markets including packaging, nonwovens, electronics, medical and appliances.