After finishing at $3.59 in the prior trading day, Nokia Corp ADR (NYSE: NOK) closed at $3.58, down -0.28%. In other words, the price has decreased by -$0.0100 from its previous closing price. On the day, 13829841 shares were traded.
Ratios:
Our goal is to gain a better understanding of NOK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.70. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 1.65. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.22.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NOK now has a Market Capitalization of 19.79B and an Enterprise Value of 16.47B. As of this moment, Nokia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.01, and their Forward P/E ratio for the next fiscal year is 9.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 0.74 whereas that against EBITDA is 5.60.
Stock Price History:
Over the past 52 weeks, NOK has reached a high of $4.97, while it has fallen to a 52-week low of $2.94. The 50-Day Moving Average of the stock is 3.5700, while the 200-Day Moving Average is calculated to be 3.6774.
Shares Statistics:
The stock has traded on average 14.95M shares per day over the past 3-months and 16.58M shares per day over the last 10 days, according to various share statistics. A total of 5.53B shares are outstanding, with a floating share count of 5.53B. Insiders hold about 0.00% of the company’s shares, while institutions hold 5.45% stake in the company. Shares short for NOK as of Feb 29, 2024 were 22.39M with a Short Ratio of 1.79, compared to 19.38M on Jan 31, 2024.
Dividends & Splits
In the trailing 12 months, NOK’s forward annual dividend rate was 0.13, compared to 0.13 this year. Against a Trailing Annual Dividend Yield of 3.62%, it implies a Forward Annual Dividend Yield of 3.65%. The stock’s 5-year Average Dividend Yield is 3.50. The current Payout Ratio is 11.49% for NOK, which recently paid a dividend on Feb 13, 2024 with an ex-dividend date of Jan 29, 2024. Stock splits for the company last occurred on Apr 11, 2000 when the company split stock in a 4:1 ratio.
Earnings Estimates
Its stock is currently analyzed by 5 different market analysts. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.11 and a low estimate of $0.02, while EPS last year was $0.06. The consensus estimate for the next quarter is $0.07, with high estimates of $0.1 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.42 and $0.22 for the fiscal current year, implying an average EPS of $0.36. EPS for the following year is $0.39, with 6 analysts recommending between $0.44 and $0.33.
Revenue Estimates
5 analysts predict $5.12B in revenue for the current quarter. It ranges from a high estimate of $5.47B to a low estimate of $4.9B. As of the current estimate, Nokia Corp ADR’s year-ago sales were $6.29B, an estimated decrease of -18.50% from the year-ago figure.
A total of 7 analysts have provided revenue estimates for NOK’s current fiscal year. The highest revenue estimate was $25.7B, while the lowest revenue estimate was $21.67B, resulting in an average revenue estimate of $23.62B. In the same quarter a year ago, actual revenue was $24.06B, down -1.90% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $23.9B in the next fiscal year. The high estimate is $25.99B and the low estimate is $20.81B. The average revenue growth estimate for next year is up 1.20% from the average revenue estimate for this year.
