In the latest trading session,, 2.28 million Nokia Corp ADR (NYSE:NOK) shares changed hands as the company’s beta touched 0.92. With the company’s most recent per share price at $5.21 changing hands around $0.02 or 0.39% at last look, the market valuation stands at $27.25B. NOK’s current price is a discount, trading about -5.18% off its 52-week high of $5.48. The share price had its 52-week low at $3.57, which suggests the last value was 31.48% up since then.
Analysts gave the Nokia Corp ADR (NOK) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.15. If we narrow down to specifics, the data shows that 0 out of 12 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended NOK as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight.
Nokia Corp ADR (NYSE:NOK) trade information
Instantly NOK is in green as seen in intraday trades today. With action 0.19%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 17.61%, with the 5-day performance at 0.19% in the green. However, in the 30-day time frame, Nokia Corp ADR (NYSE:NOK) is 1.96% up.
The consensus price target for the stock as assigned by Wall Street analysts is 6.5, meaning bulls need an upside of 19.85% from its recent market value. According to analyst projections, NOK’s forecast low is 4.839744617 with 8 as the target high. To hit the forecast high, the stock’s price needs a -53.55% plunge from its current level, while the stock would need to tank 7.11% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 315.10%. The 2025 estimates are for Nokia Corp ADR earnings to decrease by -18.06%, but the outlook for the next 5-year period is at 2.24% per year.
NOK Dividends
Nokia Corp ADR is expected to release its next quarterly earnings report in June. The 2.72% annual yield figure for the share gives it an annual dividend of 0.14. It is important to note, however, that the 2.72% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
PZENA INVESTMENT MANAGEMENT LLC holds the second largest percentage of outstanding shares, with 1.4978% or 82.52 million shares worth $311.94 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Artisan Partners Funds Inc.-Artisan International Value Fund and Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund . With 80.87 shares estimated at $421.72 million under it, the former controlled 1.48% of total outstanding shares. On the other hand, Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund held about 0.45% of the shares, roughly 24.62 shares worth around $128.42 million.
