Nokia Stock Analysis

NOK -  USA Stock  

USD 5.16  0.06  1.18%

The recent surge in Nokia Corp short term price appreciation may encourage traders to take a closer look at the firm as it is trading at a share price of 5.16 on 21,818,958 in trading volume. The company directors and management have successfully maneuvered the firm at convenient times to take advantage of all market conditions in May. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.34. The current volatility is consistent with the ongoing market swings in May 2021 as well as with Nokia Corp unsystematic, company-specific events.
Additionally, see Stocks Correlation.

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The Nokia Corp stock analysis report makes it easy to digest most publicly released information about Nokia Corp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Nokia stock analysis module also helps to analyze the Nokia Corp price relationship with some important fundamental indicators such as market cap and management efficiency.

Nokia Stock Analysis Notes

The book value of the company was now reported as 2.43. The company has Price/Earnings To Growth (PEG) ratio of 0.88. Nokia Corp recorded a loss per share of 0.46. The entity next dividend is scheduled to be issued on the 29th of July 2019. The firm had 4:1 split on the 11th of April 2000. Nokia Corporation provides mobile and fixed network solutions worldwide. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland. Nokia Corp operates under Communication Equipment classification in the United States and is traded on New York Stock Exchange. It employs 920 people. To find out more about Nokia Corp contact Basil Alwan at 358 1044 88000 or learn more at http://www.nokia.com.

Nokia Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Nokia Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Nokia Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The company reported the last year's revenue of 22.02 B. Reported Net Loss for the year was (2.15 B) with profit before taxes, overhead, and interest of 8.59 B.
Nokia Corp has a poor financial position based on the latest SEC disclosures
Latest headline from www.nasdaq.com: Nokia and ATT Conduct First Call Using C-Band Spectrum - Nasdaq

Nokia Corp Upcoming and Recent Events

Earnings reports are used by Nokia Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nokia Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report30th of July 2021
Next Earnings Report4th of November 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End3rd of February 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

Nokia Largest EPS Surprises

Earnings surprises can significantly impact Nokia Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2016-08-04
2016-06-300.03780.0334-0.004411 
2020-10-29
2020-09-300.070.06-0.0114 
2015-04-30
2015-03-310.050.060.0120 
View All Earnings Estimates

Nokia Corp SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Nokia Corp prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Nokia Corp investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Nokia Corp specific information freely available to individual and institutional investors to make a timely investment decision.

Nokia Corp Thematic Classifications

In addition to having Nokia Corp stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Electronic Equipment IdeaElectronic Equipment
USA Equities from Electronic Equipment industry as classified by Fama & French
Communication Services IdeaCommunication Services
Networking, telecom, long distance carriers, and other communication services

Nokia Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 30.9 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nokia Corp's market, we take the total number of its shares issued and multiply it by Nokia Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Nokia Profitablity

Nokia Corp's profitability indicators refer to fundamental financial ratios that showcase Nokia Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Nokia Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Nokia Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Nokia Corp's profitability requires more research than a typical breakdown of Nokia Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (9.74) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 13.73 %, which entails that for every 100 dollars of revenue, it generated 0.14 of operating income.
Last ReportedProjected for 2021
Return on Average Assets(0.06) (0.06) 
Return on Average Equity(0.16) (0.18) 
Return on Invested Capital 0.06  0.0475 
Return on Sales 0.048  0.05 

Management Efficiency

The entity has Return on Asset of 3.47 % which means that on every $100 spent on asset, it made $3.47 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of (14.37) %, meaning that it generated no profit with money invested by stockholders. Nokia Corp management efficiency ratios could be used to measure how well nokia corp manages its routine affairs as well as how well it operates its assets and liabilities. The current Return on Sales is estimated to increase to 0.05, while Return on Average Assets are projected to decrease to (0.06) . Nokia Corp Total Liabilities is increasing as compared to previous years. The last year's value of Total Liabilities was reported at 23.65 Billion. The current Tax Liabilities is estimated to increase to about 545.8 M, while Current Liabilities is projected to decrease to under 11.4 B.
Last ReportedProjected for 2021
Book Value per Share 2.21  2.31 
Enterprise Value over EBIT 17.00  17.37 
Enterprise Value over EBITDA 17.12  17.51 
Price to Book Value 1.45  1.53 
Tangible Assets Book Value per Share 5.17  5.28 
Enterprise Value22 B23.7 B
Tangible Asset Value29.2 B31.3 B

Technical Drivers

As of the 20th of June, Nokia Corp secures the Mean Deviation of 1.71, downside deviation of 2.46, and Risk Adjusted Performance of 0.089. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nokia Corp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Nokia Corp, which can be compared to its peers in the industry. Please verify Nokia Corp coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Nokia Corp is priced some-what accurately, providing market reflects its recent price of 5.16 per share. Given that Nokia Corp has jensen alpha of 0.2479, we recommend you to check Nokia Corp's last-minute market performance to make sure the company can sustain itself at a future point.

Nokia Corp Price Movement Analysis

The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. View also all equity analysis or get more info about mavp overlap studies indicator.

Nokia Corp Technical and Predictive Indicators

Nokia Corp Forecast Models

Nokia Corp time-series forecasting models is one of many Nokia Corp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nokia Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Nokia Corp Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Nokia Corp stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nokia shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Nokia Corp. By using and applying Nokia Stock analysis, traders can create a robust methodology for identifying Nokia entry and exit points for their positions.
Last ReportedProjected for 2021
EBITDA Margin 0.048  0.05 
Gross Margin 0.38  0.42 
Profit Margin(0.10) (0.10) 
Nokia Corporation provides mobile and fixed network solutions worldwide. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland. Nokia Corp operates under Communication Equipment classification in the United States and is traded on New York Stock Exchange. It employs 920 people.

Current Nokia Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Nokia analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Nokia analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
5.57Hold3Odds
Nokia Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Nokia analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Nokia stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Nokia Corp, talking to its executives and customers, or listening to Nokia conference calls.
Nokia Analyst Advice Details

Nokia Stock Analysis Indicators

Nokia Corp stock analysis indicators help investors evaluate how Nokia Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Nokia Corp shares will generate the highest return on investment. By understating and applying Nokia Corp stock analysis, traders can identify Nokia Corp position entry and exit signals to maximize returns.
Quick Ratio1.33
Trailing Annual Dividend Rate0.22
Fifty Two Week Low3.21
Revenue Growth3.30%
Average Daily Volume Last 10 Day45.71M
Shares Short Prior Month30.58M
Average Daily Volume In Three Month41.16M
Shares Percent Shares Out0.50%
Gross Margins39.69%
Forward Price Earnings18.17
Float Shares4.64B
Fifty Two Week High9.79
Fifty Day Average5.00
Enterprise Value To Ebitda7.84
Two Hundred Day Average4.34
Enterprise Value To Revenue1.08
Trailing Annual Dividend Yield4.07%
Additionally, see Stocks Correlation. Note that the Nokia Corp information on this page should be used as a complementary analysis to other Nokia Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Nokia Corp price analysis, check to measure Nokia Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nokia Corp is operating at the current time. Most of Nokia Corp's value examination focuses on studying past and present price action to predict the probability of Nokia Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nokia Corp's price. Additionally, you may evaluate how the addition of Nokia Corp to your portfolios can decrease your overall portfolio volatility.
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The market value of Nokia Corp is measured differently than its book value, which is the value of Nokia that is recorded on the company's balance sheet. Investors also form their own opinion of Nokia Corp's value that differs from its market value or its book value, called intrinsic value, which is Nokia Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nokia Corp's market value can be influenced by many factors that don't directly affect Nokia Corp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nokia Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Nokia Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nokia Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.