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Nokia Oyj (NOK) Competitors

$3.68
+0.02 (+0.55%)
(As of 06/21/2024 ET)

NOK vs. MSI, ERIC, UI, VSAT, HLIT, PL, AVNW, GILT, COMM, 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), Gilat Satellite Networks (GILT), CommScope (COMM), and Ceragon Networks (CRNT). These companies are all part of the "radio & t.v. communications equipment" industry.

Nokia Oyj vs.

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

In the previous week, Motorola Solutions had 3 more articles in the media than Nokia Oyj. MarketBeat recorded 9 mentions for Motorola Solutions and 6 mentions for Nokia Oyj. Motorola Solutions' average media sentiment score of 0.96 beat Nokia Oyj's score of 0.32 indicating that Motorola Solutions is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nokia Oyj
0 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Motorola Solutions
6 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

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

Nokia Oyj currently has a consensus price target of $4.42, suggesting a potential upside of 19.97%. Motorola Solutions has a consensus price target of $358.86, suggesting a potential downside of 7.04%. Given Nokia Oyj's higher probable upside, analysts clearly believe Nokia Oyj is more favorable than Motorola Solutions.

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

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

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

Company Net Margins Return on Equity Return on Assets
Nokia Oyj3.90% 8.39% 4.41%
Motorola Solutions 13.64%398.16%15.53%

Motorola Solutions has lower revenue, but higher earnings 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
Nokia Oyj$21.07B0.96$719.73M$0.1623.00
Motorola Solutions$9.98B6.45$1.71B$8.0947.72

Nokia Oyj pays an annual dividend of $0.11 per share and has a dividend yield of 3.0%. Motorola Solutions pays an annual dividend of $3.92 per share and has a dividend yield of 1.0%. Nokia Oyj pays out 68.8% of its earnings in the form of a dividend. Motorola Solutions pays out 48.5% 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.

Summary

Motorola Solutions beats Nokia Oyj on 15 of the 20 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$20.32B$12.27B$22.88B$17.71B
Dividend Yield3.15%2.05%2.72%3.62%
P/E Ratio23.0013.50244.1524.44
Price / Sales0.969.19521.0114.62
Price / Cash7.0712.9130.9719.18
Price / Book0.935.706.604.82
Net Income$719.73M$158.75M$635.31M$976.34M
7 Day Performance1.66%2.09%-0.29%0.93%
1 Month Performance-4.54%-1.77%-1.14%-1.78%
1 Year Performance-7.54%-21.60%13.07%9.91%

Nokia Oyj Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MSI
Motorola Solutions
4.4456 of 5 stars
$383.60
+0.2%
$358.86
-6.5%
+36.1%$63.98B$9.98B47.4221,000
ERIC
Telefonaktiebolaget LM Ericsson (publ)
0.5192 of 5 stars
$5.91
+0.9%
$5.58
-5.6%
+17.6%$19.68B$24.83B-8.4499,952
UI
Ubiquiti
1.8547 of 5 stars
$144.68
-1.2%
$134.00
-7.4%
-18.3%$8.75B$1.94B24.991,059Positive News
VSAT
Viasat
4.1047 of 5 stars
$13.20
-5.8%
$25.17
+90.7%
-65.9%$1.66B$4.28B-1.507,500Analyst Forecast
HLIT
Harmonic
3.9492 of 5 stars
$11.09
-3.1%
$17.20
+55.1%
-35.3%$1.24B$607.91M18.481,359News Coverage
Positive News
PL
Planet Labs PBC
3.5611 of 5 stars
$1.88
+0.5%
$4.30
+128.7%
-37.3%$546.65M$220.70M-3.921,180Analyst Forecast
News Coverage
AVNW
Aviat Networks
2.9968 of 5 stars
$29.38
-1.1%
$54.67
+86.1%
-8.9%$369.16M$385.39M26.00685
GILT
Gilat Satellite Networks
3.0328 of 5 stars
$4.54
-5.2%
$8.50
+87.2%
-21.1%$258.87M$266.09M11.071,183Analyst Forecast
News Coverage
High Trading Volume
COMM
CommScope
3.4688 of 5 stars
$1.21
+2.5%
$4.02
+232.2%
-74.3%$256.86M$5.79B-0.1420,000Analyst Upgrade
News Coverage
CRNT
Ceragon Networks
2.1794 of 5 stars
$2.52
+2.4%
$5.25
+108.3%
+26.5%$215.25M$352.27M50.411,407Positive News

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This page (NYSE:NOK) was last updated on 6/23/2024 by MarketBeat.com Staff

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