24 May, 2017
Nokia Corporation (NOK) is now trading with the volume of 14.41 Million. The current share price indicate that stock is -31.30% away from its one year high and is moving 26.84% ahead of its 52-week low.
An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings.
On average, analysts expect that Nokia Oyj will report full-year earnings of $0.24 per share for the current financial year, with EPS estimates ranging from $0.21 to $0.26. The Lower end of the earnings estimate is $0.04, while the higher end of the earnings estimate is $0.05.
Nokia Corporation (NOK) has an Average Brokerage Recommendation (ABR) of 2.4, according to data compiled by Zacks Investment Research. "Invests $136,000 in Nokia Oyj (NOK)" was first reported by Transcript Daily and is owned by of Transcript Daily.
Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Nokia Corporation the EPS stands at 0.03 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.03, suggesting the stock fell short of the analysts' expectations. Nokia Oyj had a positive return on equity of 6.17% and a negative net margin of 2.96%. The high and low revenue estimates for the current quarter are $6.25 Billion and $5.55 Billion, respectively. During the same period in the prior year, the business posted $0.15 earnings per share. NOK generated revenue of $6.98 Billion in the same quarter, one year ago.
A number of research firms have recently weighed in on NOK.
Nokia Oyj (ADR) (NYSE:NOK) shares has displayed a high EPS growth of 17.70% in last 5 years. Craig Hallum assumed coverage on shares of Nokia Oyj in a research report on Tuesday, February 21st.
NOK has been paying dividends since 1993 and has raised their dividend for 1 consecutive years. Danske cut shares of Nokia Oyj from a "hold" rating to a "sell" rating in a research report on Wednesday, January 25th. Canaccord Genuity reiterated a "hold" rating and issued a $6.00 price objective on shares of Nokia Oyj in a research note on Friday. The stock gained a consensus recommendation of 2.07 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. Institutional investors and hedge funds own 5.71% of the company's stock. Ladenburg Thalmann Financial Services Inc. raised its position in Nokia Oyj by 1.8% in the fourth quarter. The average volume stands around 13.51 million shares. Mean recommendation on this stock is 1.50. Creative Planning now owns 49,305 shares of the technology company's stock valued at $267,000 after buying an additional 1,727 shares during the period. Quadrature Capital Ltd bought a new position in shares of Nokia Oyj during the third quarter worth about $1,361,000.
Another critical number in evaluating a stock is P/E or the price to earnings ratio. If you are viewing this report on another website, it was copied illegally and republished in violation of United States and global copyright law. The legal version of this report can be accessed at https://baseballnewssource.com/markets/nokia-oyj-nok-given-hold-rating-at-bmo-capital-markets-updated/674604.html. Nokia Oyj has a 52-week low of $4.04 and a 52-week high of $6.10. The firm's market cap is $34.84 billion. The firm's 50 day moving average price is $5.44 and its 200-day moving average price is $4.93.
Once the company decides on whether to pay dividends they may establish a somewhat permanent dividend policy, which may in turn impact on investors and perceptions of the company in the financial markets. The ex-dividend date is Wednesday, May 24th. They have a dividend yield of 0.00% and a 5 year dividend growth rate of 0.00%. Nokia Oyj's dividend payout ratio is presently -142.85%.
Nokia Corporation (NOK) belongs to the "Technology" sector with an industry focus on "Communication Equipment", with Mr. Rajeev Suri as Chief Exec. Officer and Pres.
