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Nokia Oyj (NOK) Competitors

$3.91
-0.04 (-1.01%)
(As of 06/7/2024 ET)

NOK vs. MSI, ERIC, UI, VSAT, HLIT, PL, AVNW, COMM, GILT, and CRNT

Should you be buying Nokia Oyj stock or one of its competitors? The main competitors of Nokia Oyj include Motorola Solutions (MSI), Telefonaktiebolaget LM Ericsson (publ) (ERIC), Ubiquiti (UI), Viasat (VSAT), Harmonic (HLIT), Planet Labs PBC (PL), Aviat Networks (AVNW), CommScope (COMM), Gilat Satellite Networks (GILT), and Ceragon Networks (CRNT). These companies are all part of the "radio & t.v. communications equipment" industry.

Nokia Oyj vs.

Motorola Solutions (NYSE:MSI) and Nokia Oyj (NYSE:NOK) are both large-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, dividends, media sentiment, profitability, analyst recommendations, community ranking, valuation, earnings and risk.

Motorola Solutions has a beta of 0.96, suggesting that its share price is 4% less volatile than the S&P 500. Comparatively, Nokia Oyj has a beta of 1.1, suggesting that its share price is 10% more volatile than the S&P 500.

In the previous week, Nokia Oyj had 2 more articles in the media than Motorola Solutions. MarketBeat recorded 14 mentions for Nokia Oyj and 12 mentions for Motorola Solutions. Nokia Oyj's average media sentiment score of 1.31 beat Motorola Solutions' score of 0.33 indicating that Motorola Solutions is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Motorola Solutions
8 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Nokia Oyj
4 Very Positive mention(s)
0 Positive mention(s)
10 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Motorola Solutions has a net margin of 13.64% compared to Motorola Solutions' net margin of 3.90%. Nokia Oyj's return on equity of 398.16% beat Motorola Solutions' return on equity.

Company Net Margins Return on Equity Return on Assets
Motorola Solutions13.64% 398.16% 15.53%
Nokia Oyj 3.90%8.39%4.41%

Motorola Solutions currently has a consensus target price of $358.86, suggesting a potential downside of 3.29%. Nokia Oyj has a consensus target price of $4.42, suggesting a potential upside of 12.92%. Given Motorola Solutions' higher possible upside, analysts plainly believe Nokia Oyj is more favorable than Motorola Solutions.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Motorola Solutions
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.88
Nokia Oyj
2 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.00

84.2% of Motorola Solutions shares are held by institutional investors. Comparatively, 5.3% of Nokia Oyj shares are held by institutional investors. 1.5% of Motorola Solutions shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Nokia Oyj received 196 more outperform votes than Motorola Solutions when rated by MarketBeat users. However, 67.41% of users gave Motorola Solutions an outperform vote while only 60.88% of users gave Nokia Oyj an outperform vote.

CompanyUnderperformOutperform
Motorola SolutionsOutperform Votes
786
67.41%
Underperform Votes
380
32.59%
Nokia OyjOutperform Votes
982
60.88%
Underperform Votes
631
39.12%

Motorola Solutions pays an annual dividend of $3.92 per share and has a dividend yield of 1.1%. Nokia Oyj pays an annual dividend of $0.11 per share and has a dividend yield of 2.8%. Motorola Solutions pays out 48.5% of its earnings in the form of a dividend. Nokia Oyj pays out 68.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Motorola Solutions has raised its dividend for 12 consecutive years and Nokia Oyj has raised its dividend for 1 consecutive years.

Motorola Solutions has higher earnings, but lower revenue than Nokia Oyj. Nokia Oyj is trading at a lower price-to-earnings ratio than Motorola Solutions, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Motorola Solutions$9.98B6.20$1.71B$8.0945.87
Nokia Oyj$21.07B1.03$719.73M$0.1624.44

Summary

Motorola Solutions beats Nokia Oyj on 15 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NOK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NOK vs. The Competition

MetricNokia OyjRadio & t.v. communications equipment IndustryComputer SectorNYSE Exchange
Market Cap$21.59B$11.28B$21.82B$17.72B
Dividend Yield2.94%1.98%2.70%3.55%
P/E Ratio24.4433.25224.5122.92
Price / Sales1.039.95547.7414.39
Price / Cash7.6312.6430.7720.21
Price / Book0.995.366.824.99
Net Income$719.73M$147.45M$630.28M$975.94M
7 Day Performance0.26%-3.63%-0.20%-1.87%
1 Month Performance4.97%-1.25%0.53%-0.74%
1 Year Performance-2.13%-27.08%12.36%8.66%

Nokia Oyj Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MSI
Motorola Solutions
4.6932 of 5 stars
$367.28
-0.5%
$358.86
-2.3%
+32.1%$61.26B$9.98B45.4021,000Positive News
ERIC
Telefonaktiebolaget LM Ericsson (publ)
0.7794 of 5 stars
$6.28
+0.3%
$5.58
-11.1%
+20.1%$20.91B$24.83B-8.9799,952Analyst Revision
News Coverage
UI
Ubiquiti
1.8958 of 5 stars
$147.74
+2.4%
$134.00
-9.3%
-14.8%$8.93B$1.94B25.521,059Positive News
Gap Down
VSAT
Viasat
3.9636 of 5 stars
$16.22
+1.4%
$27.00
+66.5%
-64.5%$2.04B$4.28B-1.857,500Analyst Forecast
HLIT
Harmonic
4.2786 of 5 stars
$11.86
-0.2%
$17.20
+45.0%
-36.3%$1.33B$607.91M19.771,359Positive News
PL
Planet Labs PBC
2.6855 of 5 stars
$1.82
+2.3%
$4.68
+157.0%
-58.6%$528.96M$220.70M-3.571,180Earnings Report
Analyst Forecast
News Coverage
AVNW
Aviat Networks
3.2153 of 5 stars
$30.90
+0.4%
$53.75
+73.9%
-5.2%$388.10M$346.59M27.35685Analyst Downgrade
News Coverage
COMM
CommScope
3.7215 of 5 stars
$1.68
+9.5%
$4.02
+140.0%
-65.3%$355.57M$5.79B-0.1920,000Positive News
GILT
Gilat Satellite Networks
1.7841 of 5 stars
$5.30
-3.6%
$8.50
+60.4%
-5.5%$302.21M$266.09M12.931,183Analyst Upgrade
CRNT
Ceragon Networks
2.714 of 5 stars
$2.56
-1.5%
$5.25
+105.1%
+27.8%$218.68M$347.18M51.211,407Positive News

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This page (NYSE:NOK) was last updated on 6/8/2024 by MarketBeat.com Staff

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