Nokia Corp (ADR) (NYSE:NOK) plunged -0.19% during previous trade, a total of 7.04M shares exchanged hands compared with its average trading volume of 11.84M shares whereas its relative volume is 0.58. The stock has a market capitalization of $31.22B along with 5.77B outstanding shares. Stock’s intraday price range hit the peak level of $5.41 and touched the lowest level of $5.33.
Most recently Nokia Corp (ADR) (NYSE:NOK)’s price target was revised on 3/15/17 and according to 12 analysts stock’s price will reach at $5.89 during 52 weeks with standard deviation of 1.08. Stock’s minimum price target estimates has been figured out at $4.50 while the maximum price target forecast is established at $7.82, if we look at the price target with an optimistic approach it has upside potential of 36% from its latest closing price of $5.38.
Historically, if we look at price target revisions, three weeks ago Nokia Corp (ADR) (NYSE:NOK)’s price target was revised on 1/13/17 by the analysts, however the bullish price estimates of the stock set at $7 while the bearish estimates kept at $4.30 over the next one year. Stock’s 52-week target was retained at $5.38, the estimates indicates a standard deviation of 0.94.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.45. ABR value is precisely based on brokerage recommendations, where out of 11 brokerage recommendations 3 rate Nokia Corp (ADR) (NYSE:NOK) stock a Strong Buy, 0 rate the stocks of the company a Buy, 8 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 2/13/17 the stock of Nokia Corp (ADR) (NYSE:NOK) upgraded by Charter Equity from Mkt Underperform to Mkt Perform. However previously on 2/7/17 it was upgraded by Morgan Stanley from Equal-Weight to Overweight. A research note issued on 1/25/17 the stock was downgraded by Danske Bank from Hold to Sell.
Nokia Corp (ADR) (NYSE:NOK) performance over the past one year plunged -3.20% whereas its year to date (YTD) performance indicated a bullish trend of 11.85%. During the last six months the stock slipped -3.58%. Quarterly performance of the company shows optimistic momentum of 9.80% while its last one month trend is positive with 5.49%. Stock’s weekly performance expressed down trend of 1.28%.
The company’s price sits 7.54% above from its 50-day moving average of $5.16 and 4.19% fat from the stock’s 200-day moving average which is $4.96. Nokia Corp (ADR) (NYSE:NOK’s shares are currently trading -10.18% away from the 52-week high price of $5.99 and +33.17% far from the 52-week low price of $4.04.
According to consensus agreement of 9 analysts Nokia Corp (ADR) (NYSE:NOK) will report earnings per share of $0.03 in their quarterly report and it is expected to announce the company’s results on 5/9/17. For the current quarter the company has high EPS estimates of $0.05 in contradiction of low EPS estimates of $0.02. However a year ago for the same quarter the company has reported $0.03 EPS. Current year EPS projections for Nokia Corp (ADR) (NYSE:NOK) set at $0.24 according to the sentiments of 15 analysts, while its lowest earnings estimates are $0.21 and highest earnings estimates are $0.33.
According to 9 analysts, Nokia Corp (ADR) (NYSE:NOK)’s revenue estimates for the current quarter are $5.76B meanwhile the company has high revenue estimates of $5.94B in contradiction of low revenue estimates of $5.36B. For the current year the company’s revenue estimates are $24.99B compared to low analyst estimates of $23.22B and high estimates of $25.89B according to the projection of 13 analysts.