At the time of writing, Nokia Corp ADR [NOK] stock is trading at $5.01, up 4.38%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NOK shares have gain 2.24% over the last week, with a monthly amount glided 6.60%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nokia Corp ADR [NYSE: NOK] stock has seen the most recent analyst activity on January 16, 2025, when Goldman downgraded its rating to a Sell but kept the price target unchanged to $3.60 for it. Previously, JP Morgan upgraded its rating to Overweight on December 09, 2024, and elevated its price target to $6.35. On October 18, 2024, upgrade upgraded it’s rating to Buy. Barclays downgraded its rating to a Underweight. Exane BNP Paribas initiated its recommendation with a Neutral. Goldman downgraded its rating to Neutral for this stock on December 18, 2023. In a note dated December 08, 2023, Jefferies downgraded an Hold rating on this stock.
For the past year, the stock price of Nokia Corp ADR fluctuated between $3.29 and $5.06. Currently, Wall Street analysts expect the stock to reach $6.35 within the next 12 months. Nokia Corp ADR [NYSE: NOK] shares were valued at $5.01 at the most recent close of the market. An investor can expect a potential return of 26.75% based on the average NOK price forecast.
Analyzing the NOK fundamentals
According to Nokia Corp ADR [NYSE:NOK], the company’s sales were 21.01B for trailing twelve months, which represents an 3.99% jump. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.19.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.94 points at the first support level, and at 4.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.12, and for the 2nd resistance point, it is at 5.22.
Ratios To Look Out For
It is important to note that Nokia Corp ADR [NYSE:NOK] has a current ratio of 1.58. In addition, the Quick Ratio stands at 1.39 and the Cash Ratio stands at 0.72. Considering the valuation of this stock, the price to sales ratio is 1.28, the price to book ratio is 1.26 and price to earnings (TTM) ratio is 20.06.
