Some Stocks within Concentration: Boulevard Acquisition Corp. II (BLVD), Nokia Corporation (NOK)

This is mainly due to the below-par performance of its primary division- the Networks unit. They expect $0.11 earnings per share, down 15.38 % or $0.02 from last year's $0.13 per share. This disappointing performance by the flagship Nokia Networks' division was primarily due to weakness in the IP/Optical Networks and Fixed Networks subgroup. The company mirrors a Gross Margin of 39.90% indicating an Operating Profit of -0.40% *. "However, we are encouraged by the company's growth-by-acquisition strategy".

A number of other analysts have also recently commented on the stock. Finally, J P Morgan Chase & Co restated a "buy" rating on shares of Nokia in a research note on Friday, October 27th. Argus cut Nokia from a "buy" rating to a "hold" rating and raised their price objective for the stock from $4.76 to $4.91 in a research report on Monday, October 30th. The stock now has a consensus rating of "Hold" and a consensus price target of $5.72.

In terms of Buy, Sell or Hold recommendations, Nokia Corp (NYSE:NOK) has analysts' mean recommendation of 2.6.

Nokia Corporation (NOK) has an Analysts' Mean Recommendation of 2.6, according to data compiled by Finviz.

Nokia (NYSE:NOK) last announced its quarterly earnings results on Thursday, October 26th. The company's market cap is $822.38 Million, and the average volume is $84.42 Million. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows "Sell" signal. The Stock has its 52-week High of $6.65 and 52-Week Low of $4.50 and it touched its 52-week high on 05/23/17 and 52-Week Low on 01/31/17. The average true range of the stock is observed at 0.10 and the relative strength index of the stock is recorded at 31.32. Return on assets is -1.10% and Return on equity (ROE) is -2.60% while it's Return on Investment (ROI) of -2.60%.

Average Revenue Estimate of the company for the current Fiscal Quarter is $7.24 Billion, according to consensus of 9 analysts. During the same quarter in the prior year, the company earned $0.04 EPS. The EPS growth for the next five years accounts to 22.00% *. Nokia presently has a consensus rating of "Hold" and an average price target of $5.72. The Current Ratio parades a figure of 1.6 . Large investors have recently modified their holdings of the stock. Geneva Advisors LLC bought a new stake in Nokia during the 2nd quarter valued at $125,000. IFP Advisors Inc now owns 29,098 shares of the technology company's stock valued at $179,000 after purchasing an additional 12,122 shares in the last quarter. The Weekly Volatility is 1.58% and the Monthly Volatility is 1.36%. However the company reported $0.13 earnings per share for the same quarter during past year. CIBC World Markets Inc. boosted its position in Nokia by 26.7% during the 2nd quarter. The company's revenue for the quarter was down 7.0% compared to the same quarter a year ago. Cutter & CO Brokerage Inc. boosted its position in Nokia by 8.5% during the 2nd quarter. Accern also assigned press coverage about the technology company an impact score of 46.0909173151696 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. IFP Advisors Inc boosted its position in Nokia by 71.4% during the 2nd quarter. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.59 and a quick ratio of 1.33. Institutional investors and hedge funds own 5.71% of the company's stock.

Nokia Oyj is a Finland-based company engaged in the network and Internet protocol (IP) infrastructure, software, and related services market. The Company's businesses include Nokia Networks and Nokia Technologies.



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