Facts You Need to Understand Nokia Stock

By Emilio Sanchez • Tuesday, January 17 15:00 • Permanent Link

Large-cap Technology company Nokia has moved -4.1% so far today on a volume of 16,018,747, compared to its average of 21,086,804. In contrast, the S&P 500 index moved -0.1%.

Nokia trades -27.55% away from its average analyst target price of $6.66 per share. The 8 analysts following the stock have set target prices ranging from $5.34 to $8, and on average have given Nokia a rating of buy.

If you are considering an investment in NOK, you'll want to know the following:

Nokia's current price is 0.7% above its Graham number of $4.79, which implies that at its current valuation it does not offer a margin of safety
Nokia has moved -12.5% over the last year, and the S&P 500 logged a change of -12.6%
Based on its trailing earnings per share of 0.32, Nokia has a trailing 12 month Price to Earnings (P/E) ratio of 15.1 while the S&P 500 average is 15.97
NOK has a forward P/E ratio of 10.5 based on its forward 12 month price to earnings (EPS) of $0.46 per share
The company has a price to earnings growth (PEG) ratio of 1.78 — a number near or below 1 signifying that Nokia is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 1.4 compared to its sector average of 5.57
Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide.
Based in Espoo, the company has 87,927 full time employees and a market cap of $27,003,400,192. Nokia currently returns an annual dividend yield of 1.6%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.