Trade-Ideas LLC identified

Nordson

(

NDSN

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Nordson as such a stock due to the following factors:

  • NDSN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $23.4 million.
  • NDSN has traded 313,110 shares today.
  • NDSN is trading at a new lifetime high.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in NDSN with the Ticky from Trade-Ideas. See the FREE profile for NDSN NOW at Trade-Ideas

More details on NDSN:

Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids. The stock currently has a dividend yield of 1.3%. NDSN has a PE ratio of 22. Currently there are 5 analysts that rate Nordson a buy, no analysts rate it a sell, and 5 rate it a hold.

The average volume for Nordson has been 279,400 shares per day over the past 30 days. Nordson has a market cap of $4.3 billion and is part of the industrial goods sector and industrial industry. Shares are up 18.8% year-to-date as of the close of trading on Monday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Nordson as a

buy

. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.

Highlights from the ratings report include:

  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Machinery industry and the overall market, NORDSON CORP's return on equity significantly exceeds that of both the industry average and the S&P 500.
  • Net operating cash flow has significantly increased by 87.31% to $48.54 million when compared to the same quarter last year. In addition, NORDSON CORP has also vastly surpassed the industry average cash flow growth rate of -24.55%.
  • The gross profit margin for NORDSON CORP is rather high; currently it is at 57.52%. Regardless of NDSN's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, NDSN's net profit margin of 11.05% compares favorably to the industry average.
  • Despite the weak revenue results, NDSN has outperformed against the industry average of 14.0%. Since the same quarter one year prior, revenues slightly dropped by 1.8%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • NORDSON CORP's earnings per share improvement from the most recent quarter was slightly positive. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, NORDSON CORP reported lower earnings of $3.47 versus $3.84 in the prior year. This year, the market expects an improvement in earnings ($3.91 versus $3.47).

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.