One Stock for Low Risk Investors: Nokia Corporation (NOK)

Nokia Corporation (NOK) stock returned 16.26% positive in past quarter

Nokia Corporation (NOK) closed the Monday at final price of $5.51 after traded 18393879 shares. Adding back €4.5 billion in cash and the company value, net of Networks, would be €20 billion. The stock hit its 52-week high on 05/23/17, and 52-week low on 12/12/17.

Several equities research analysts have recently weighed in on NOK shares.

Analysts expect Nokia Oyj (ADR) (NYSE:NOK) to report -0.32 EPS and has got OUTPERFORM rating from 3 of Thomson Reuters analysts and 0 analyst (s) given UNDERPERFORM rating. Finally, Kepler Capital Markets set a €5.80 ($7.16) price objective on shares of Nokia Oyj and gave the company a "buy" rating in a report on Friday, October 27th. Analysts have given a rating of 2.60 on company shares on a consensus basis.

Taking a broader look brokerage firms' analysts on the street with an expectant view have Nokia Corp (NYSE:NOK) high price target of $9 and with a conservative view have low price target of $5. In last 4 months performance of NOK was 12.22% while its price to sale ratio is 1.14 and price to book ratio is 1.53. The current share price indicates that stock is -28.81% away from its one year high and is moving 46.49% ahead of its 52-week low.

The company reported its last earnings Actual EPS of $0.15/share. However, as 52 Week Range has little to no connection whatsoever with current news or forces affecting companies today, very few investors rely heavily on the metric. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the stock. For the current year the company's revenue estimates are $26.97 Billion compared to low analyst estimates of $24.19 Billion and high estimates of $27.75 Billion according to 10 number of analysts. Nokia Corporation had a positive return on equity of 8.20% and a negative net margin of 1.78%.

Bank of America "Upgrades" Nokia Corp (NYSE:NOK) in a research note issued to investors on 2/05/18 to Buy with price target of $0. A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return.

Nokia Oyj (NYSE:NOK) last posted its earnings results on Thursday, February 1st.

The company's Average Earnings Estimate for the Current Fiscal quarter is $0.04, according to consensus of 7 analysts. Stifel Financial Corp now owns 107,834 shares of the technology company's stock valued at $583,000 after purchasing an additional 691 shares during the period. Hedge funds and other institutional investors own 6.03% of the company's stock. Tiedemann Wealth Management LLC purchased a new position in shares of Nokia Oyj in the 3rd quarter worth $114,000. However the company reported $0.03 earnings per share for the same quarter during past year. Zacks Investment Research raised shares of Nokia Oyj from a "sell" rating to a "hold" rating in a report on Tuesday, February 6th. Nationwide Fund Advisors lifted its stake in shares of Nokia Corporation by 1.7% in the 2nd quarter. If you are reading this news story on another publication, it was copied illegally and republished in violation of global copyright law. Nokia Corporation is a part of Technology sector and belongs to Communication Equipment industry. The firm's revenue for the quarter was up.8% compared to the same quarter a year ago. The Company's segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies.



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