Nokia Oyj (NOK) Issues FY 2020 Earnings Guidance

Share on StockTwits

Nokia Oyj (NYSE:NOK) issued an update on its FY 2020 earnings guidance on Thursday morning. The company provided EPS guidance of $0.42-0.48 for the period. Nokia Oyj also updated its FY 2019 guidance to $0.29-0.33 EPS.

Shares of NYSE:NOK traded down $0.22 during midday trading on Thursday, reaching $6.35. The company had a trading volume of 71,196,000 shares, compared to its average volume of 28,139,000. The company has a quick ratio of 1.05, a current ratio of 1.29 and a debt-to-equity ratio of 0.18. Nokia Oyj has a 1-year low of $4.75 and a 1-year high of $6.65. The firm has a market capitalization of $36.91 billion, a price-to-earnings ratio of 17.16, a price-to-earnings-growth ratio of 1.73 and a beta of 0.41.

NOK has been the subject of a number of recent analyst reports. Raymond James upgraded Nokia Oyj from a market perform rating to an outperform rating and increased their price target for the company from $4.75 to $7.50 in a research report on Tuesday, January 8th. Zacks Investment Research lowered Nokia Oyj from a buy rating to a hold rating in a research report on Tuesday, December 18th. ValuEngine upgraded Nokia Oyj from a sell rating to a hold rating in a research report on Thursday, October 18th. Finally, Canaccord Genuity upgraded Nokia Oyj from a hold rating to a buy rating in a research report on Friday, October 26th. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and eleven have issued a buy rating to the company. Nokia Oyj presently has an average rating of Hold and an average target price of $6.79.

TRADEMARK VIOLATION NOTICE: This news story was reported by Ticker Report and is the property of of Ticker Report. If you are accessing this news story on another domain, it was stolen and republished in violation of international copyright and trademark laws. The original version of this news story can be read at https://www.tickerreport.com/banking-finance/4116177/nokia-oyj-nok-issues-fy-2020-earnings-guidance.html.

About Nokia Oyj

Nokia Corporation engages in the network and technology businesses worldwide. The company operates through four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It provides mobile networking solutions, including hardware, software, and services for telecommunications operators, enterprises, and related markets/verticals.

See Also: What Is An Exchange-Traded Fund (ETF)?

Receive News & Ratings for Nokia Oyj Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nokia Oyj and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

FuzzBalls  Price Hits $0.0018 on Exchanges
FuzzBalls Price Hits $0.0018 on Exchanges
Zeitcoin Achieves Market Cap of $389,704.00
Zeitcoin Achieves Market Cap of $389,704.00
EquiTrader Reaches 24 Hour Volume of $0.00
EquiTrader Reaches 24 Hour Volume of $0.00
Zacks: Analysts Expect Simply Good Foods Co  Will Post Quarterly Sales of $123.20 Million
Zacks: Analysts Expect Simply Good Foods Co Will Post Quarterly Sales of $123.20 Million
Brokerages Expect WellCare Health Plans, Inc.  Will Post Quarterly Sales of $6.54 Billion
Brokerages Expect WellCare Health Plans, Inc. Will Post Quarterly Sales of $6.54 Billion
Keysight Technologies  Hits New 52-Week High at $86.75
Keysight Technologies Hits New 52-Week High at $86.75


© 2006-2019 Ticker Report