Nokia Corp (ADR) (NYSE:NOK) fell -0.83% during previous trade. Oppenheimer issued rating on the stock of Nokia Corp (ADR) (NYSE:NOK) in a research note issued to investors on Jan-03-17, the stock received “Upgrade” rating from Outperform to Perform. Additionally BofA/Merrill issued their verdict on the stock of the company, on record date of Nov-15-16 the stock was “Downgraded” from Buy to Neutral besides that on Oct-28-16 Nokia Corp (ADR) (NYSE:NOK) was “Downgraded” by Exane BNP Paribas from Outperform to Neutral. Furthermore on Oct-28-16 the stock was “Downgraded” by CLSA from Outperform to Underperform.
Nokia Corp (ADR) (NYSE:NOK) shares ended last trading session at the price of $4.77 whereas a number of traders indicating mean target price will hit $5.64 over the next twelve months, mean value of price target most recently revised on 12/16/16. Nokia Corp (ADR) (NYSE:NOK)’s highest estimates of price target are $9.20 and low forecast is $4 based on the opinion of 11 analysts. The price target estimates represents a standard deviation of 1.12. However brokerage recommendations suggests an ABR of 2.25 based on calls of 12 experts, where 5 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 6 suggest Hold, 1 are rating the stock as Sell while 0 as Strong Sell.
Nokia Corp (ADR) (NYSE:NOK) is expected to release the earnings of its current quarter on 2/9/17. The company is expected to release $0.08 EPS for current quarter according to 8 analysts whereas the company reported $0.16 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.06 and high estimate of $0.1. For the current year Nokia Corp (ADR) (NYSE:NOK) has set to release EPS of $0.2 as per the sentiments of 14analysts, however according to 15 analysts, the company expected to release $0.26 EPS for next year.
Nokia Corp (ADR) (NYSE:NOK)’s average revenue estimates for the current quarter are $7.29B according to 8 number of analysts. However its lowest revenue estimates are $6.73B and highest revenue estimates are $7.68B. A year ago the company’s sales were $4.22B. Its yearly sales growth estimates are 72.90%. For the next quarter the company has anticipated average revenues of $5.97B, according to the sentiments of 8 analysts. For the current year the company has fixed $25.99B revenues, as per the opinion of 11 analysts. For the current year the company has low revenue estimates of $24.9B in contradiction of high revenue estimates of $27.04B. Whereas for the next year revenues are set at $25.46B by 15 analysts.
The stock exchanged hands 7.88M shares versus average trading capacity of 11.89M shares, while its shares’ total market worth is $28.06B along with 5.77B outstanding shares. Nokia Corp (ADR) (NYSE:NOK) shares were trading -33.27% below from the 52-week high price mark of $7.15 and +18.07% above from the 52-week price bottom of $4.04. However the company observed 52 week high price on 01/11/16 and witnessed 52 week low price on 11/15/16. The company’s price sits 4.67% above from its 50-day moving average of $4.54 and -9.78% away from the stock’s 200-day moving average which is $5.22. Nokia Corp (ADR) (NYSE:NOK)’s price to sales ratio for trailing twelve month stands at 1.29, whereas its price to book ratio for most recent quarter sits at 1.41. However the company’s price to cash per share for most recent quarter stands at 2.77.