Nokia Oyj (NOK) Expected to Announce Earnings on Thursday

Nokia Oyj (NYSE:NOK - Get Free Report) is expected to release its earnings data before the market opens on Thursday, January 30th. Analysts expect Nokia Oyj to post earnings of $0.14 per share and revenue of $5,698,410.44 billion for the quarter. Investors that wish to register for the company's conference call can do so using this link.

Nokia Oyj Stock Up 1.6 %

NOK stock traded up $0.08 during trading on Thursday, reaching $4.69. The stock had a trading volume of 11,398,773 shares, compared to its average volume of 15,411,819. Nokia Oyj has a one year low of $3.29 and a one year high of $4.95. The company's 50 day moving average is $4.41 and its two-hundred day moving average is $4.30. The company has a quick ratio of 1.46, a current ratio of 1.72 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $25.55 billion, a price-to-earnings ratio of 58.69, a P/E/G ratio of 5.72 and a beta of 1.06.

Wall Street Analyst Weigh In

NOK has been the topic of a number of recent analyst reports. StockNews.com lowered Nokia Oyj from a "strong-buy" rating to a "buy" rating in a report on Wednesday, January 8th. Craig Hallum lifted their target price on Nokia Oyj from $6.00 to $7.00 and gave the stock a "buy" rating in a research note on Monday, January 6th. JPMorgan Chase & Co. upgraded shares of Nokia Oyj from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $4.35 to $6.35 in a report on Monday, December 9th. Northland Securities reaffirmed an "outperform" rating and issued a $6.50 price objective on shares of Nokia Oyj in a research report on Friday, October 18th. Finally, The Goldman Sachs Group downgraded shares of Nokia Oyj from a "neutral" rating to a "sell" rating and set a $3.60 target price for the company. in a research report on Thursday, January 16th. One analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $5.86.

About Nokia Oyj

Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, in-home Wi-Fi solutions, and cloud and virtualization services; IP networking solutions, including IP access, aggregation, and edge and core routing for residential, mobile, enterprise and cloud applications; optical networks solutions that provides optical transport networks for metro, regional, and long-haul applications, and subsea applications; and submarine networks for undersea cable transmission.