In yesterday’s Wall Street session, Nokia Corp ADR (NYSE:NOK) shares traded at $3.55, up 0.42% from the previous session.
28 analysts cover Nokia Corp ADR (NYSE:NOK), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $7.60 and a low of $3.38, we find $4.50. Given the previous closing price of $3.53, this indicates a potential upside of 27.48 percent. NOK stock price is now -0.16% away from the 50-day moving average and -13.00% away from the 200-day moving average. The market capitalization of the company currently stands at $19.81B.
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The stock has received a hold rating from 10 analysts and a buy rating from 15. Brokers who have rated the stock have averaged $4.75 as their price target over the next twelve months.
A total of 0.00% of the company’s stock is owned by insiders.
On Friday morning Nokia Corp ADR (NYSE: NOK) stock kicked off with the opening price of $3.5350. During the past 12 months, Nokia Corp ADR has had a low of $3.05 and a high of $5.11. As of last week, the company has a debt-to-equity ratio of 0.24, a current ratio of 1.64, and a quick ratio of 1.35. According to the stock market information, the enterprise value for the company is $17.81B, which is based on a 5.02 price-to-earnings ratio, a 0.75 price-to-earnings-growth ratio, and a beta of 1.02. The fifty day moving average price for NOK is $3.5412 and a two-hundred day moving average price translates $4.0690 for the stock.
The latest earnings results from Nokia Corp ADR (NYSE: NOK) was released for Sep, 2023. According to the Communication Equipment Company, earnings per share came in at $0.05, missing analysts’ expectations of $0.09 by -0.04. This compares to $0.07 EPS in the same period last year. The net profit margin was 15.61% and return on equity was 19.06% for NOK. The company reported revenue of $5.42 billion for the quarter, compared to $6.29 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -13.74 percent. For the current quarter, analysts expect NOK to generate $7.15B in revenue.
