Nokia Oyj (NOK) Earns Daily Media Impact Rating of 0.30
Press coverage about Nokia Oyj (NYSE:NOK) has trended positive this week, according to Accern. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Nokia Oyj earned a daily sentiment score of 0.30 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 45.2532295374777 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Several research firms have recently issued reports on NOK. BNP Paribas lowered Nokia Oyj from a “neutral” rating to an “underperform” rating and lowered their price objective for the company from $5.00 to $3.90 in a research note on Monday, December 4th. UBS Group reaffirmed a “buy” rating on shares of Nokia Oyj in a research note on Wednesday, September 20th. Credit Suisse Group lowered Nokia Oyj from an “outperform” rating to a “neutral” rating and raised their price objective for the company from $4.89 to $5.00 in a research note on Friday, January 5th. Goldman Sachs Group reaffirmed a “neutral” rating on shares of Nokia Oyj in a research note on Thursday. Finally, Argus lowered Nokia Oyj from a “buy” rating to a “hold” rating and raised their price objective for the company from $4.76 to $4.91 in a research note on Monday, October 30th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $5.51.
Shares of Nokia Oyj (NOK) traded down $0.11 during mid-day trading on Thursday, hitting $4.84. The company had a trading volume of 16,379,017 shares, compared to its average volume of 11,313,767. Nokia Oyj has a 52-week low of $4.50 and a 52-week high of $6.65. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.59 and a quick ratio of 1.33. The company has a market cap of $28,320.00, a price-to-earnings ratio of -53.78, a P/E/G ratio of 1.37 and a beta of 1.29.
Nokia Oyj (NYSE:NOK) last issued its quarterly earnings results on Thursday, October 26th. The technology company reported $0.11 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.06 by $0.05. Nokia Oyj had a positive return on equity of 9.88% and a negative net margin of 2.09%. The firm had revenue of $5.54 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period last year, the company earned $0.04 EPS. Nokia Oyj’s quarterly revenue was down 7.0% compared to the same quarter last year. equities research analysts anticipate that Nokia Oyj will post 0.33 earnings per share for the current fiscal year.
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Nokia Oyj Company Profile
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. The Company’s segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies.
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