S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
Laser breakthrough could send stock soaring 2,467% (Ad)
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Laser breakthrough could send stock soaring 2,467% (Ad)
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The single greatest medical breakthrough of all time? (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
Laser breakthrough could send stock soaring 2,467% (Ad)
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
CrowdStrike: Another Tech Stock to Buy on the Dip 
Laser breakthrough could send stock soaring 2,467% (Ad)
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Salesforce: Time to Snap it Up as the Market Buys the Dip?
The single greatest medical breakthrough of all time? (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
Laser breakthrough could send stock soaring 2,467% (Ad)
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
CrowdStrike: Another Tech Stock to Buy on the Dip 
Laser breakthrough could send stock soaring 2,467% (Ad)
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Salesforce: Time to Snap it Up as the Market Buys the Dip?
The single greatest medical breakthrough of all time? (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
Laser breakthrough could send stock soaring 2,467% (Ad)
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
CrowdStrike: Another Tech Stock to Buy on the Dip 
Laser breakthrough could send stock soaring 2,467% (Ad)
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Salesforce: Time to Snap it Up as the Market Buys the Dip?
The single greatest medical breakthrough of all time? (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
NYSE:NOK

Nokia Oyj (NOK) Competitors

$4.07
+0.02 (+0.49%)
(As of 06/2/2023 ET)
Compare
Today's Range
$4.03
$4.07
50-Day Range
$3.94
$4.94
52-Week Range
$3.93
$5.28
Volume
12.16 million shs
Average Volume
13.80 million shs
Market Capitalization
$22.92 billion
P/E Ratio
5.15
Dividend Yield
2.21%
Price Target
$5.73

NOK vs. ERIC, UI, MSI, NET, VRSN, CDW, FTV, GIB, UMC, and MPWR

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), Cloudflare (NET), VeriSign (VRSN), CDW (CDW), Fortive (FTV), CGI (GIB), United Microelectronics (UMC), and Monolithic Power Systems (MPWR). These companies are all part of the "computer and technology" sector.

Nokia Oyj vs.

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

Nokia Oyj has higher earnings, but lower revenue than Telefonaktiebolaget LM Ericsson (publ). Nokia Oyj is trading at a lower price-to-earnings ratio than Telefonaktiebolaget LM Ericsson (publ), indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nokia Oyj$26.25 billion0.87$4.48 billion$0.795.15
Telefonaktiebolaget LM Ericsson (publ)$26.93 billion0.65$1.86 billion$0.5010.46

Nokia Oyj has a beta of 0.97, suggesting that its share price is 3% less volatile than the S&P 500. Comparatively, Telefonaktiebolaget LM Ericsson (publ) has a beta of 0.59, suggesting that its share price is 41% less volatile than the S&P 500.

Nokia Oyj has a net margin of 16.78% compared to Telefonaktiebolaget LM Ericsson (publ)'s net margin of 6.20%. Telefonaktiebolaget LM Ericsson (publ)'s return on equity of 15.25% beat Nokia Oyj's return on equity.

Company Net Margins Return on Equity Return on Assets
Nokia Oyj 16.78% 11.57% 5.60%
Telefonaktiebolaget LM Ericsson (publ) 6.20% 15.25% 5.75%

Nokia Oyj presently has a consensus target price of $5.73, suggesting a potential upside of 40.66%. Telefonaktiebolaget LM Ericsson (publ) has a consensus target price of $59.95, suggesting a potential upside of 1,046.27%. Given Telefonaktiebolaget LM Ericsson (publ)'s higher possible upside, analysts clearly believe Telefonaktiebolaget LM Ericsson (publ) is more favorable than Nokia Oyj.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nokia Oyj
0 Sell rating(s)
6 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.50
Telefonaktiebolaget LM Ericsson (publ)
4 Sell rating(s)
6 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.07

In the previous week, Nokia Oyj had 13 more articles in the media than Telefonaktiebolaget LM Ericsson (publ). MarketBeat recorded 19 mentions for Nokia Oyj and 6 mentions for Telefonaktiebolaget LM Ericsson (publ). Telefonaktiebolaget LM Ericsson (publ)'s average media sentiment score of 1.10 beat Nokia Oyj's score of 0.61 indicating that Telefonaktiebolaget LM Ericsson (publ) is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nokia Oyj
9 Very Positive mention(s)
5 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Telefonaktiebolaget LM Ericsson (publ)
2 Very Positive mention(s)
4 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

7.6% of Nokia Oyj shares are owned by institutional investors. Comparatively, 7.9% of Telefonaktiebolaget LM Ericsson (publ) shares are owned by institutional investors. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Nokia Oyj pays an annual dividend of $0.09 per share and has a dividend yield of 2.2%. Telefonaktiebolaget LM Ericsson (publ) pays an annual dividend of $0.17 per share and has a dividend yield of 3.3%. Nokia Oyj pays out 11.4% of its earnings in the form of a dividend. Telefonaktiebolaget LM Ericsson (publ) pays out 34.0% 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.

Nokia Oyj received 342 more outperform votes than Telefonaktiebolaget LM Ericsson (publ) when rated by MarketBeat users. Likewise, 61.21% of users gave Nokia Oyj an outperform vote while only 58.18% of users gave Telefonaktiebolaget LM Ericsson (publ) an outperform vote.

CompanyUnderperformOutperform
Nokia OyjOutperform Votes
975
61.21%
Underperform Votes
618
38.79%
Telefonaktiebolaget LM Ericsson (publ)Outperform Votes
633
58.18%
Underperform Votes
455
41.82%

Summary

Nokia Oyj beats Telefonaktiebolaget LM Ericsson (publ) on 11 of the 19 factors compared between the two stocks.


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.
Skip Chart

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.
Skip Chart

NOK vs. The Competition

MetricNokia OyjRadio & t.v. communications equipment IndustryComputer SectorNYSE Exchange
Market Cap$22.81B$6.52B$15.50B$14.59B
Dividend Yield2.17%2.37%4.80%4.08%
P/E Ratio5.159.42305.8217.58
Price / Sales0.878.37852.889.08
Price / Cash6.0624.4828.3123.04
Price / Book1.009.6617.799.18
Net Income$4.48B$545.49M$526.39M$897.06M
7 Day Performance1.24%1.87%1.62%2.52%
1 Month Performance0.25%1.63%6.52%2.69%
1 Year Performance-19.25%-19.26%-3.94%-7.88%

Nokia Oyj Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ERIC
Telefonaktiebolaget LM Ericsson (publ)
2.7424 of 5 stars
$5.22
-0.6%
$7.83
+50.1%
-37.3%$17.38B$26.93B10.44101,322Positive News
UI
Ubiquiti
2.6316 of 5 stars
$165.09
+0.1%
$291.00
+76.3%
-37.7%$9.98B$1.89B25.171,137
MSI
Motorola Solutions
2.6003 of 5 stars
$285.11
+0.2%
$301.67
+5.8%
+26.1%$47.81B$9.11B35.6420,000Positive News
NET
Cloudflare
1.5901 of 5 stars
$66.16
+8.2%
$61.04
-7.7%
+22.0%$21.96B$1.05B-112.143,217Insider Selling
Gap Up
VRSN
VeriSign
2.4023 of 5 stars
$224.85
-0.5%
$258.50
+15.0%
+25.9%$23.45B$1.42B34.49902
CDW
CDW
3.0668 of 5 stars
$174.61
+0.2%
$205.63
+17.8%
-1.1%$23.54B$23.75B21.8810,600
FTV
Fortive
2.5446 of 5 stars
$67.24
-0.9%
$73.54
+9.4%
+6.6%$23.77B$5.83B31.4218,000
GIB
CGI
2.2968 of 5 stars
$102.38
-0.9%
$139.11
+35.9%
+23.4%$24.11B$10.08B21.2490,000
UMC
United Microelectronics
1.3996 of 5 stars
$8.39
-3.2%
$6.46
-23.0%
-7.2%$20.97B$9.08B7.5520,680News Coverage
Positive News
MPWR
Monolithic Power Systems
2.5266 of 5 stars
$514.97
-1.1%
$522.67
+1.5%
+5.3%$24.41B$1.79B53.363,247High Trading Volume

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This page (NYSE:NOK) was last updated on 6/3/2023 by MarketBeat.com Staff

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