NDSN vs. ESAB, GGG, ZBRA, CNHI, PKG, SWK, LECO, PNR, AVY, and IEX
Should you be buying Nordson stock or one of its competitors? The main competitors of Nordson include ESAB (ESAB), Graco (GGG), Zebra Technologies (ZBRA), CNH Industrial (CNHI), Packaging Co. of America (PKG), Stanley Black & Decker (SWK), Lincoln Electric (LECO), Pentair (PNR), Avery Dennison (AVY), and IDEX (IEX). These companies are all part of the "industrial products" sector.
ESAB (NYSE:ESAB) and Nordson (NASDAQ:NDSN) are both industrial products companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, community ranking, earnings, institutional ownership, media sentiment and dividends.
91.1% of ESAB shares are held by institutional investors. Comparatively, 72.1% of Nordson shares are held by institutional investors. 7.0% of ESAB shares are held by insiders. Comparatively, 0.9% of Nordson shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
ESAB presently has a consensus price target of $93.75, suggesting a potential downside of 13.08%. Nordson has a consensus price target of $278.00, suggesting a potential upside of 6.76%. Given ESAB's stronger consensus rating and higher probable upside, analysts plainly believe Nordson is more favorable than ESAB.
Nordson received 434 more outperform votes than ESAB when rated by MarketBeat users. Likewise, 61.43% of users gave Nordson an outperform vote while only 37.50% of users gave ESAB an outperform vote.
ESAB pays an annual dividend of $0.24 per share and has a dividend yield of 0.2%. Nordson pays an annual dividend of $2.72 per share and has a dividend yield of 1.0%. ESAB pays out 7.1% of its earnings in the form of a dividend. Nordson pays out 31.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. ESAB has increased its dividend for 1 consecutive years and Nordson has increased its dividend for 61 consecutive years. Nordson is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Nordson has lower revenue, but higher earnings than ESAB. Nordson is trading at a lower price-to-earnings ratio than ESAB, indicating that it is currently the more affordable of the two stocks.
In the previous week, ESAB had 3 more articles in the media than Nordson. MarketBeat recorded 6 mentions for ESAB and 3 mentions for Nordson. ESAB's average media sentiment score of 1.13 beat Nordson's score of 0.52 indicating that Nordson is being referred to more favorably in the news media.
Nordson has a net margin of 18.59% compared to Nordson's net margin of 7.40%. ESAB's return on equity of 20.59% beat Nordson's return on equity.
ESAB has a beta of 1.54, meaning that its share price is 54% more volatile than the S&P 500. Comparatively, Nordson has a beta of 1, meaning that its share price has a similar volatility profile to the S&P 500.
Summary
Nordson beats ESAB on 13 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NDSN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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