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In other words, the price has increased by $0.00 from its previous closing price. On the day, 15.71 million shares were traded. NOK stock price reached its highest trading level at $4.11 during the session, while it also had its lowest trading level at $4.06.
Ratios:
To gain a deeper understanding of NOK’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.58. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.46. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.16.
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 22000521216 and an Enterprise Value of 20640499712. As of this moment, Nokia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.31, and their Forward P/E ratio for the next fiscal year is 10.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 15.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 1.072 whereas that against EBITDA is 8.739.
Stock Price History:
The Beta on a monthly basis for NOK is 0.89, which has changed by 0.0965147 over the last 52 weeks, in comparison to a change of 0.21149921 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 $3.70. The 50-Day Moving Average of the stock is -17.59%, while the 200-Day Moving Average is calculated to be -15.35%.
Shares Statistics:
It appears that NOK traded 18.71M shares on average per day over the past three months and 23515420 shares per day over the past ten days. A total of 5.38B shares are outstanding, with a floating share count of 5.38B. Insiders hold about 0.00% of the company’s shares, while institutions hold 10.68% stake in the company. Shares short for NOK as of 1752537600 were 41350885 with a Short Ratio of 2.21, compared to 1749772800 on 37752502. Therefore, it implies a Short% of Shares Outstanding of 41350885 and a Short% of Float of 0.77.
Dividends & Splits
With its trailing 12-month dividend rate of 0.14, NOK has a forward annual dividend rate of 0.16. Against a Trailing Annual Dividend Yield of 0.034229826The stock’s 5-year Average Dividend Yield is 3.5.
Earnings Estimates
The current market rating for Nokia Corp ADR (NOK) reflects the collective analysis of 5.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.16, with high estimates of $0.22 and low estimates of $0.13.
Analysts are recommending an EPS of between $0.37 and $0.27 for the fiscal current year, implying an average EPS of $0.31. EPS for the following year is $0.39, with 7.0 analysts recommending between $0.48 and $0.36.
Revenue Estimates
In the current quarter, 10 analysts expect revenue to total $4.67B. It ranges from a high estimate of $4.88B to a low estimate of $4.57B. As of the current estimate, Nokia Corp ADR’s year-ago sales were $4.33BFor the next quarter, 10 analysts are estimating revenue of $6.1B. There is a high estimate of $6.34B for the next quarter, whereas the lowest estimate is $5.62B.
A total of 20 analysts have provided revenue estimates for NOK’s current fiscal year. The highest revenue estimate was $20.23B, while the lowest revenue estimate was $19.21B, resulting in an average revenue estimate of $19.71B. In the same quarter a year ago, actual revenue was $20.28BBased on 22 analysts’ estimates, the company’s revenue will be $20.5B in the next fiscal year. The high estimate is $21.61B and the low estimate is $19.73B.
