In today’s recent session, 4.28 million shares of the Nokia Corp ADR (NYSE:NOK) have been traded, and its beta is 0.92. Most recently the company’s share price was $5.38, and it changed around $0.19 or 3.56% from the last close, which brings the market valuation of the company to $28.12B. NOK at last check was trading at a discount to its 52-week high of $5.48, offering almost -1.86% off that amount. The share price’s 52-week low was $3.57, which indicates that the recent value has risen by an impressive 33.64% since then.
Nokia Corp ADR stock received a consensus recommendation rating of Hold, based on a mean score of 2.16. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 5 recommended NOK as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight. Nokia Corp ADR is expected to report earnings per share of 0.07 for the current quarter.
Nokia Corp ADR (NYSE:NOK) trade information
Instantly NOK has been showing a green trend so far today with a performance of 3.56% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 5.42 on recent trading dayincreased the stock’s daily price by 0.74%. The company’s shares are currently up 21.33% year-to-date, but still down -1.01% over the last five days. On the other hand, Nokia Corp ADR (NYSE:NOK) is 3.56% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $6.5, which translates to bulls needing to increase their stock price by 17.23% from its current value. Analyst projections state that NOK is forecast to be at a low of $4.839744617 and a high of $8.
Nokia Corp ADR (NOK) estimates and forecasts
The year-over-year growth rate is expected to be 0.59%, up from the previous year.
Consensus estimates provided by 9 financial analysts predict the company will bring in an average of 4.83B in revenue for the current quarter. 9 analysts expect Nokia Corp ADR to make 4.89B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 4.47B and 4.33B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 8.13%. Forecasts for the next quarter put sales growth at 13.06%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 315.10%. Nokia Corp ADR earnings are expected to increase by -17.22% in 2025, but the outlook is positive 2.63% per year for the next five years.
NOK Dividends
Nokia Corp ADR’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 2.64 percent and its annual dividend per share was 0.14. It is important to note, however, that the 2.64% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
PZENA INVESTMENT MANAGEMENT LLC, with 1.4978% or 82.52 million shares worth $311.94 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
