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The closing price of Nokia Corp ADR (NYSE: NOK) was $4.75 for the day, down -0.63% from the previous closing price of $4.78. In other words, the price has decreased by -$0.63 from its previous closing price. On the day, 21.01 million shares were traded. NOK stock price reached its highest trading level at $4.81 during the session, while it also had its lowest trading level at $4.74.
Ratios:
Our analysis of NOK’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.33. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.14.
On December 09, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $4.35 to $6.35.
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 25872252928 and an Enterprise Value of 26309705728. As of this moment, Nokia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.20, and their Forward P/E ratio for the next fiscal year is 11.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 1.373 whereas that against EBITDA is 10.494.
Stock Price History:
The Beta on a monthly basis for NOK is 0.89, which has changed by 0.2700535 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. Over the past 52 weeks, NOK has reached a high of $5.48, while it has fallen to a 52-week low of $3.60. The 50-Day Moving Average of the stock is -8.36%, while the 200-Day Moving Average is calculated to be -1.83%.
Shares Statistics:
NOK traded an average of 17.53M shares per day over the past three months and 21384320 shares per day over the past ten days. A total of 5.39B shares are outstanding, with a floating share count of 5.39B. Insiders hold about 0.00% of the company’s shares, while institutions hold 10.86% stake in the company. Shares short for NOK as of 1749772800 were 37752502 with a Short Ratio of 2.07, compared to 1747267200 on 30806409. Therefore, it implies a Short% of Shares Outstanding of 37752502 and a Short% of Float of 0.69999998.
Dividends & Splits
With its trailing 12-month dividend rate of 0.14, NOK has a forward annual dividend rate of 0.14. Against a Trailing Annual Dividend Yield of 0.029288702The stock’s 5-year Average Dividend Yield is 3.5.
Earnings Estimates
The stock of Nokia Corp ADR (NOK) is currently being evaluated by 5.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is $0.08, with high estimates of $0.1 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.41 and $0.28 for the fiscal current year, implying an average EPS of $0.34. EPS for the following year is $0.4, with 6.0 analysts recommending between $0.47 and $0.35.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 10 analysts. It ranges from a high estimate of $4.92B to a low estimate of $4.65B. As of the current estimate, Nokia Corp ADR’s year-ago sales were $4.47BFor the next quarter, 10 analysts are estimating revenue of $4.89B. There is a high estimate of $5.13B for the next quarter, whereas the lowest estimate is $4.52B.
A total of 20 analysts have provided revenue estimates for NOK’s current fiscal year. The highest revenue estimate was $20.83B, while the lowest revenue estimate was $19.79B, resulting in an average revenue estimate of $20.38B. In the same quarter a year ago, actual revenue was $20.28BBased on 20 analysts’ estimates, the company’s revenue will be $21.15B in the next fiscal year. The high estimate is $22B and the low estimate is $20.23B.
