NOK vs. ERIC, UI, MSI, ENTG, NTAP, PTC, TYL, TME, UMC, and IOT
Should you be buying Nokia Oyj stock or one of its competitors? The main competitors of Nokia Oyj include Telefonaktiebolaget LM Ericsson (publ) (ERIC), Ubiquiti (UI), Motorola Solutions (MSI), Entegris (ENTG), NetApp (NTAP), PTC (PTC), Tyler Technologies (TYL), Tencent Music Entertainment Group (TME), United Microelectronics (UMC), and Samsara (IOT). These companies are all part of the "computer and technology" sector.
Nokia Oyj (NYSE:NOK) and Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) are both large-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, dividends, community ranking, analyst recommendations, earnings, risk, valuation, institutional ownership and media sentiment.
Nokia Oyj has a net margin of 3.90% compared to Telefonaktiebolaget LM Ericsson (publ)'s net margin of -9.75%. Telefonaktiebolaget LM Ericsson (publ)'s return on equity of 11.93% beat Nokia Oyj's return on equity.
Nokia Oyj has higher earnings, but lower revenue than Telefonaktiebolaget LM Ericsson (publ). Telefonaktiebolaget LM Ericsson (publ) is trading at a lower price-to-earnings ratio than Nokia Oyj, indicating that it is currently the more affordable of the two stocks.
Nokia Oyj has a beta of 1.07, meaning that its stock price is 7% more volatile than the S&P 500. Comparatively, Telefonaktiebolaget LM Ericsson (publ) has a beta of 0.76, meaning that its stock price is 24% less volatile than the S&P 500.
Nokia Oyj received 346 more outperform votes than Telefonaktiebolaget LM Ericsson (publ) when rated by MarketBeat users. Likewise, 60.88% of users gave Nokia Oyj an outperform vote while only 57.77% of users gave Telefonaktiebolaget LM Ericsson (publ) an outperform vote.
Nokia Oyj presently has a consensus target price of $4.42, suggesting a potential upside of 19.00%. Telefonaktiebolaget LM Ericsson (publ) has a consensus target price of $5.58, suggesting a potential upside of 6.08%. Given Nokia Oyj's stronger consensus rating and higher probable upside, equities analysts clearly believe Nokia Oyj is more favorable than Telefonaktiebolaget LM Ericsson (publ).
In the previous week, Nokia Oyj had 14 more articles in the media than Telefonaktiebolaget LM Ericsson (publ). MarketBeat recorded 18 mentions for Nokia Oyj and 4 mentions for Telefonaktiebolaget LM Ericsson (publ). Nokia Oyj's average media sentiment score of 0.23 beat Telefonaktiebolaget LM Ericsson (publ)'s score of -0.16 indicating that Nokia Oyj is being referred to more favorably in the media.
Nokia Oyj pays an annual dividend of $0.11 per share and has a dividend yield of 3.0%. Telefonaktiebolaget LM Ericsson (publ) pays an annual dividend of $0.17 per share and has a dividend yield of 3.2%. Nokia Oyj pays out 68.8% of its earnings in the form of a dividend. Telefonaktiebolaget LM Ericsson (publ) pays out -24.3% 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. Telefonaktiebolaget LM Ericsson (publ) is clearly the better dividend stock, given its higher yield and lower payout ratio.
5.3% of Nokia Oyj shares are owned by institutional investors. Comparatively, 8.0% of Telefonaktiebolaget LM Ericsson (publ) shares are owned by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Summary
Nokia Oyj beats Telefonaktiebolaget LM Ericsson (publ) on 14 of the 19 factors compared between the two stocks.
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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.
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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