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Nordson (NDSN)

Nordson Corporation engineers, manufactures and markets differentiated products and systems used for the precision dispensing of adhesives, coatings, sealants, biomaterials, polymers, plastics and other materials, fluid management, test and inspection, UV curing and plasma surface treatment, all supported by application expertise and direct global sales and service. Nordson serves a wide variety of consumer non-durable, durable and technology end markets including packaging, nonwovens, electronics, medical, appliances, energy, transportation, construction, and general product assembly and finishing. Founded in 1954 and headquartered in Westlake, Ohio, the Company has operations and support offices in more than 35 countries.

Company profile

Ticker
NDSN
Exchange
Website
CEO
Sundaram Nagarajan
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Subsidiaries
Nordson DAGE, Inc. • Nordson MARCH, Inc. • Nordson YESTECH, Inc. • Value Plastics, Inc. • Avalon Laboratories Holding Corp. • EDI Holdings, Inc. • Nordson BKG LLC • Nordson Superior Holdings, Inc. • Nordson Extrusion Dies Industries, LLC • Nordson MEDICAL (CA), LLC ...
IRS number
340590250

NDSN stock data

Calendar

27 May 22
26 Jun 22
31 Oct 22
Quarter (USD) Apr 22 Jan 22 Oct 21 Jul 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Oct 21 Oct 20 Oct 19 Oct 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 120.89M 120.89M 120.89M 120.89M 120.89M 120.89M
Cash burn (monthly) 16.55M 1.04M (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) 31.55M 1.97M n/a n/a n/a n/a
Cash remaining 89.34M 118.92M n/a n/a n/a n/a
Runway (months of cash) 5.4 114.8 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
27 May 22 George Arthur L Jr Common Stock Other Dispose J No No 219.83 258 56.72K 10,435
29 Apr 22 DeFord John A Common Stock Grant Acquire A No No 215.69 104 22.43K 1,790
30 Mar 22 Lovass Stephen Common Stock Payment of exercise Dispose F No No 229.91 9 2.07K 5,781
30 Mar 22 Pembroke Jeffrey A Common Stock Payment of exercise Dispose F No No 229.91 8 1.84K 13,945
31 Jan 22 DeFord John A Common Stock Grant Acquire A No No 232.54 96 22.32K 1,678
69.8% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 501 503 -0.4%
Opened positions 65 81 -19.8%
Closed positions 67 47 +42.6%
Increased positions 182 182
Reduced positions 172 157 +9.6%
13F shares Current Prev Q Change
Total value 12.9B 10.26B +25.8%
Total shares 40.17M 40.23M -0.2%
Total puts 21.3K 90.4K -76.4%
Total calls 16.9K 20.8K -18.8%
Total put/call ratio 1.3 4.3 -71.0%
Largest owners Shares Value Change
Vanguard 6M $1.36B +16.5%
BLK Blackrock 3.51M $797.2M -27.8%
STT State Street 2.47M $560.32M +19.1%
Kayne Anderson Rudnick Investment Management 2.09M $474.32M +5.6%
Massachusetts Financial Services 1.23M $280.05M +1.8%
Geode Capital Management 1.23M $278.27M +44.7%
ATAC Neuberger Berman 935.14K $212.37M -1.8%
Atlanta Capital Management Co L L C 903.32K $205.13M -0.1%
Champlain Investment Partners 888.34K $201.72M +0.9%
Royal London Asset Management 877.15K $199.25M +1.4%
Largest transactions Shares Bought/sold Change
BLK Blackrock 3.51M -1.35M -27.8%
Vanguard 6M +850.48K +16.5%
Norges Bank 0 -516.94K EXIT
STT State Street 2.47M +395.42K +19.1%
Geode Capital Management 1.23M +379.21K +44.7%
IVZ Invesco 738.91K +306.3K +70.8%
Johnson Investment Counsel 242.94K +234.11K +2651.9%
Citadel Advisors 79.52K -220.79K -73.5%
WFC Wells Fargo & Co. 489.87K +172.24K +54.2%
FMR 568.98K -165.94K -22.6%

Financial report summary

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Competition
Dover
Risks
  • The COVID-19 pandemic has negatively disrupted our ability to operate, results of operations, financial condition, liquidity and capital investments, and may continue to have a negative impact, which could be material.
  • Changes in United States or international economic conditions, including declines in the industries we serve, could adversely affect the profitability of any of our operations.
  • Our results have been and could continue to be impacted by uncertainty in U.S. trade policy, including uncertainty surrounding changes in tariffs, trade agreements or other trade restrictions imposed by the U.S. or other governments.
  • Significant movements in foreign currency exchange rates or change in monetary policy may harm our financial results.
  • A disruption in, shortage of, or price increases for, supply of our components and raw materials may adversely impact our operations.
  • Failure to retain our existing senior management team or the inability to attract and retain qualified personnel could hurt our business and inhibit our ability to operate and grow successfully.
  • The Company may be subject to risks relating to organizational changes.
  • Political conditions in the U.S. and foreign countries in which we operate could adversely affect us.
  • Increased information technology ("IT") security threats and more sophisticated and targeted cyber crime could pose a risk to our systems, networks, products, solutions and services.
  • If our intellectual property protection is inadequate, others may be able to use our technologies and tradenames and thereby reduce our ability to compete, which could have a material adverse effect on us, our financial condition and results of operations.
  • Our products could infringe on the intellectual property of others, which may cause us to engage in costly litigation and, if we are not successful, could cause us to pay substantial damages and prohibit us from selling our products.
  • We continually assess the strategic fit of our existing businesses and may divest or otherwise dispose of businesses that are deemed not to fit with our strategic plan or are not achieving the desired return on investment, and we cannot be certain that our business, operating results and financial condition will not be materially and adversely affected.
  • If we fail to develop new products or enhance existing products, or our customers do not accept the new or enhanced products we develop, our revenue and profitability could be adversely impacted.
  • Our growth strategy includes acquisitions, and we may not be able to execute on our acquisition strategy or integrate acquisitions successfully.
  • Any impairment in the value of our intangible assets, including goodwill, would negatively affect our operating results and total capitalization.
  • Changes in United States and international tax law may have a material adverse effect on our business, financial condition and results of operations.
  • We may be exposed to liabilities under the Foreign Corrupt Practices Act (FCPA), which could have a material adverse effect on our business.
  • The level of returns on pension plan assets, changes in the actuarial assumptions used, and management of pension liabilities could adversely affect us.
  • Our global operations are subject to increasingly complex environmental regulatory requirements.
  • Our inability to comply with our existing credit facilities’ restrictive covenants or to access additional sources of capital could impede growth or the repayment or refinancing of existing indebtedness.
  • Changes in interest rates could adversely affect us.
  • The insurance that we maintain may not fully cover all potential exposures.
  • Our business and operating results may be adversely affected by natural disasters or other catastrophic events beyond our control.
Management Discussion
  • ITEM 2.    MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
  • Nordson Corporation is an innovative precision technology company that leverages a scalable growth framework to deliver top tier growth with leading margins and returns. The Company’s direct sales model and applications expertise serves global customers through a wide variety of critical applications. Its diverse end market exposure includes consumer non-durable, medical, electronics and industrial end markets. Founded in 1954 and headquartered in Westlake, Ohio, the Company has approximately 7,200 employees with operations and support offices in over 35 countries.
  • In December 2019, a novel strain of coronavirus (COVID-19) emerged and has since spread to other countries, including the United States. In March 2020, the World Health Organization declared COVID-19 as a pandemic (the COVID-19 pandemic). The COVID-19 pandemic, including multiple variants, has resulted in governments around the world implementing stringent measures to help control the spread of the virus, including quarantines, “shelter in place” and “stay at home” orders, travel restrictions, business interruptions and other measures.

Content analysis

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Positive
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Legalese
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H.S. freshman Avg
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