NOK Investment Insights from Analysts – What You Should Consider

By Kim Brooks • Tuesday, March 04 09:54 • Permanent Link

Large-cap Technology company Nokia Oyj has moved -0.7% so far today on a volume of 5,391,456, compared to its average of 17,850,453. In contrast, the S&P 500 index moved -1.0%.

Nokia Oyj trades -12.34% away from its average analyst target price of $5.68 per share. The 9 analysts following the stock have set target prices ranging from $3.8 to $7.0, and on average have given Nokia Oyj a rating of buy.

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

Nokia Oyj's current price is 57.9% above its Graham number of $3.15, which implies that at its current valuation it does not offer a margin of safety
Nokia Oyj has moved 42.3% over the last year, and the S&P 500 logged a change of 15.2%
Based on its trailing earnings per share of 0.32, Nokia Oyj has a trailing 12 month Price to Earnings (P/E) ratio of 15.5 while the S&P 500 average is 29.3
NOK has a forward P/E ratio of 14.2 based on its forward 12 month price to earnings (EPS) of $0.35 per share
Its Price to Book (P/B) ratio is 1.29 compared to its sector average of 3.91
Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide.

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.