Nokia Corp ADR [NYSE: NOK] gained 0.19% or 18419994.83 points to close at $18420000.0 with a heavy trading volume of 20788048 shares.
It opened the trading session at $5.15, the shares rose to $5.2 and dropped to $5.13, the range by which the price of stock traded the whole day. The daily chart for NOK points out that the company has recorded 15.37% gains over the past six months.
If we look at the average trading volume of 18.42M shares, NOK reached to a volume of 20788048 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Nokia Corp ADR [NOK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NOK shares is $5.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NOK stock is a recommendation set at 2.19. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for Nokia Corp ADR shares, keeping their opinion on the stock as Sell, with their previous recommendation back on January 16, 2025. While these analysts kept the previous recommendation, JP Morgan raised their target price from $4.35 to $6.35. The new note on the price target was released on December 09, 2024, representing the official price target for Nokia Corp ADR stock.
The Price to Book ratio for the last quarter was 1.24, with the Price to Cash per share for the same quarter was set at 1.35. Price to Free Cash Flow for NOK in the course of the last twelve months was 14.54 with Quick ratio for the last quarter at 1.15.
Trading performance analysis for NOK stock
Nokia Corp ADR [NOK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.19. With this latest performance, NOK shares dropped by -3.18% in over the last four-week period, additionally plugging by 15.37% over the last 6 months – not to mention a rise of 16.93% in the past year of trading.
Nokia Corp ADR [NOK]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Nokia Corp ADR [NOK] shares currently have an operating margin of 9.07% and a Gross Margin at 43.37%. Nokia Corp ADR’s Net Margin is presently recorded at 3.94%.
Return on Equity for this stock inclined to 3.02%, with Return on Assets sitting at 3.02%.
Nokia Corp ADR [NOK]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NOK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Nokia Corp ADR go to 2.82%.
An analysis of Institutional ownership at Nokia Corp ADR [NOK]
There are presently around $11.03%, or 11.03% of NOK stock, in the hands of institutional investors. The top three institutional holders of NOK stocks are: ARTISAN PARTNERS LIMITED PARTNERSHIP with ownership of 106.76 million shares, which is approximately 1.9375%. PZENA INVESTMENT MANAGEMENT LLC, holding 82.52 million shares of the stock with an approximate value of $$311.94 million in NOK stocks shares; and PZENA INVESTMENT MANAGEMENT LLC, currently with $$46.71 million in NOK stock with ownership which is approximately 0.2243%.
