Nokia Corp ADR [NOK] moved down -0.63: Why It’s Important

Nokia Corp ADR [NYSE: NOK] loss -0.63% on the last trading session, reaching $4.75 price per share at the time.

Nokia Corp ADR represents 5.39 billion in outstanding shares, while the company has a total market value of $25.60 billion with the latest information. NOK stock price has been found in the range of $4.74 to $4.81.

If compared to the average trading volume of 17.53M shares, NOK reached a trading volume of 21009850 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 $5.66 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 2.21. 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 1.14, 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 13.33 with Quick ratio for the last quarter at 1.15.

Trading performance analysis for NOK stock

Nokia Corp ADR [NOK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.62. With this latest performance, NOK shares dropped by -7.77% in over the last four-week period, additionally plugging by 3.04% over the last 6 months – not to mention a rise of 7.22% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NOK stock in for the last two-week period is set at 26.38, with the RSI for the last a single of trading hit 0.10, and the three-weeks RSI is set at 0.10 for Nokia Corp ADR [NOK]. The present Moving Average for the last 50 days of trading for this stock 5.18, while it was recorded at 4.78 for the last single week of trading, and 4.84 for the last 200 days.

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%.

Nokia Corp ADR (NOK) Capital Structure & Debt Analysis

According to recent financial data for Nokia Corp ADR. ( NOK), the Return on Equity (ROE) stands at 5.70%, suggesting modest shareholder returns. The Return on Assets (ROA) is 3.02%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Nokia Corp ADR’s Return on Invested Capital (ROIC) is 3.16%, showcasing its effectiveness in deploying capital for earnings.

Nokia Corp ADR (NOK) Efficiency & Liquidity Metrics

Based on Nokia Corp ADR’s (NOK) latest financial statements, the Debt-to-Equity Ratio is 0.24%, indicating its reliance on debt financing relative to shareholder equity.

Nokia Corp ADR (NOK) Efficiency & Liquidity Metrics

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 2.87%.

An analysis of Institutional ownership at Nokia Corp ADR [NOK]

There are presently around $11.02%, or 11.02%% 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%.

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