Featured Stock to Focus: Nokia Corporation (NYSE:NOK)

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Nokia Corporation (NYSE:NOK) Belonging to the Computer and Technology sector which surged 1.22% and closed its last trading session at $5.79.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 10/27/2016. Currently, the stock has a 1 Year Price Target of $7.03.

The consensus recommendation, according to Zacks Investment research, is 2. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 2 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2 and 2 respectively.

Nokia Corporation on 6/30/2016 reported its EPS as $0.03 with the analysts projecting the EPS of the stock as $0.04. The company beat the analyst EPS Estimate with the difference of $-0.01. This shows a surprise factor of -25%.

Many analysts have provided their estimated foresights on Nokia Corporation Earnings, with 8 analysts believing the company would generate an Average Estimate of $0.05. Whereas they predicted High and Low Earnings Estimate as $0.06 and $0.03 respectively. While in the same Quarter Previous year, the Actual EPS was $0.09.

Analysts are also projecting an Average Revenue Estimate for Nokia Corporation as $6.54 Billion in the Current Quarter. This estimate is provided by 9 analysts. The High Revenue estimate is predicted as 6.74 Billion, while the Low Revenue Estimate prediction stands at 6.43 Billion. The company’s last year sales total was 3.38 Billion.

For the Current Quarter, the growth estimate for Nokia Corporation is -44.4%, while for the Next Quarter the stock growth estimate is -50%. In the past 5 years, the stock showed growth of 1.69% per annum. While for the next 5 years, the growth estimate is 22.2%.

The Company got Upgrade by Goldman on 30-Jun-16 from Neutral to Buy.

10 analysts projected Price Targets for Nokia Corporation. The analysts believe that the company stock price could grow as high as $9.2. The Low Price target projection by analysts is $5 and the Mean Price Target is $7.03.

Nokia Corporation (NYSE:NOK) has the market capitalization of $33.64 Billion. The company rocked its 52-Week High of $7.63 on Nov 4, 2015 and touched its 52-Week Low of $5.01 on Jun 27, 2016. The stock has Return on Assets (ROA) of 2.3 percent. Return on Equity (ROE) stands at 5.2% and Return on Investment (ROI) of 10.6 percent.

The stock is currently showing YTD performance of -12.89 Percent. The company has Beta Value of 1.47 and ATR value of 0.1. The Weekly and Monthly Volatility stands at 1.48% and 1.45%.

Company profile:

Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people.  Nokia is a broadly held company with listings on six major exchanges.