Nokia Co. (NYSE:NOK) has earned a median suggestion of “Maintain” from the sixteen analysis companies which are overlaying the inventory, MarketBeat Ratings reviews. One analysis analyst has rated the inventory with a promote ranking, 9 have assigned a maintain ranking and 6 have assigned a purchase ranking to the corporate. The common twelve-month goal worth amongst brokers which have up to date their protection on the inventory within the final 12 months is $5.50.
Quite a lot of analysis companies just lately commented on NOK. DNB Markets downgraded Nokia from a “purchase” ranking to a “promote” ranking in a report on Thursday, January twenty eighth. Deutsche Financial institution Aktiengesellschaft restated a “purchase” ranking on shares of Nokia in a report on Friday, February fifth. UBS Group restated a “purchase” ranking on shares of Nokia in a report on Wednesday, January thirteenth. Credit score Suisse Group restated a “impartial” ranking on shares of Nokia in a report on Monday, December 14th. Lastly, DZ Financial institution upgraded Nokia from a “promote” ranking to a “maintain” ranking in a report on Wednesday.
Quite a lot of institutional traders have just lately made modifications to their positions in NOK. RMR Wealth Builders purchased a brand new stake in Nokia throughout the fourth quarter value roughly $36,000. Perigon Wealth Administration LLC purchased a brand new stake in shares of Nokia within the fourth quarter valued at roughly $39,000. Biltmore Capital Advisors LLC purchased a brand new stake in shares of Nokia within the fourth quarter valued at roughly $39,000. Orin Inexperienced Monetary LLC purchased a brand new place in Nokia within the fourth quarter value $39,000. Lastly, Cohen Funding Advisors LLC purchased a brand new place in Nokia within the fourth quarter value $39,000. 4.21% of the inventory is owned by hedge funds and different institutional traders.
Shares of NOK traded up $0.09 throughout buying and selling hours on Friday, reaching $4.06. The corporate’s inventory had a buying and selling quantity of 34,490,724 shares, in comparison with its common quantity of 102,766,984. The agency has a market cap of $22.81 billion, a price-to-earnings ratio of 27.07, a P/E/G ratio of 12.25 and a beta of 0.75. Nokia has a 1-year low of $2.94 and a 1-year excessive of $9.79. The corporate has a fast ratio of 1.29, a present ratio of 1.53 and a debt-to-equity ratio of 0.34. The corporate has a 50 day shifting common of $4.07 and a two-hundred day shifting common of $4.04.
Nokia (NYSE:NOK) final issued its earnings outcomes on Wednesday, February third. The know-how firm reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The corporate had income of $7.83 billion for the quarter, in comparison with the consensus estimate of $7.56 billion. Nokia had a return on fairness of 9.34% and a web margin of three.31%. As a gaggle, analysts forecast that Nokia will put up 0.26 EPS for the present fiscal 12 months.
Nokia Firm Profile
Nokia Company engages within the community and know-how companies worldwide. The corporate operates in 4 segments: Extremely Broadband Networks, International Companies, IP Networks and Functions, and Nokia Applied sciences. It focuses on cellular radio together with macro radio, small cells, and cloud native radio options for communications service suppliers and enterprises; and supplies community planning and optimization, community implementation, and techniques integration, in addition to company-wide managed companies.
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