NOK vs. NXPI, VRT, LHX, HUBB, GFS, STM, ASX, UI, UMC, and ALAB
Should you be buying Nokia Oyj stock or one of its competitors? The main competitors of Nokia Oyj include NXP Semiconductors (NXPI), Vertiv (VRT), L3Harris Technologies (LHX), Hubbell (HUBB), GlobalFoundries (GFS), STMicroelectronics (STM), ASE Technology (ASX), Ubiquiti (UI), United Microelectronics (UMC), and Astera Labs (ALAB). These companies are all part of the "electronic equipment" industry.
Nokia Oyj vs.
Nokia Oyj (NYSE:NOK) and NXP Semiconductors (NASDAQ:NXPI) are both large-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their profitability, risk, community ranking, institutional ownership, media sentiment, earnings, valuation, dividends and analyst recommendations.
Nokia Oyj currently has a consensus target price of $4.56, suggesting a potential upside of 7.61%. NXP Semiconductors has a consensus target price of $276.76, suggesting a potential upside of 25.61%. Given NXP Semiconductors' stronger consensus rating and higher probable upside, analysts plainly believe NXP Semiconductors is more favorable than Nokia Oyj.
5.3% of Nokia Oyj shares are held by institutional investors. Comparatively, 90.5% of NXP Semiconductors shares are held by institutional investors. 0.1% of NXP Semiconductors 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 pays an annual dividend of $0.09 per share and has a dividend yield of 2.1%. NXP Semiconductors pays an annual dividend of $4.06 per share and has a dividend yield of 1.8%. Nokia Oyj pays out 112.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. NXP Semiconductors pays out 38.7% of its earnings in the form of a dividend.
NXP Semiconductors has a net margin of 20.98% compared to Nokia Oyj's net margin of 2.18%. NXP Semiconductors' return on equity of 33.57% beat Nokia Oyj's return on equity.
NXP Semiconductors received 115 more outperform votes than Nokia Oyj when rated by MarketBeat users. Likewise, 73.70% of users gave NXP Semiconductors an outperform vote while only 61.08% of users gave Nokia Oyj an outperform vote.
Nokia Oyj has a beta of 1.12, indicating that its stock price is 12% more volatile than the S&P 500. Comparatively, NXP Semiconductors has a beta of 1.49, indicating that its stock price is 49% more volatile than the S&P 500.
In the previous week, NXP Semiconductors had 5 more articles in the media than Nokia Oyj. MarketBeat recorded 18 mentions for NXP Semiconductors and 13 mentions for Nokia Oyj. NXP Semiconductors' average media sentiment score of 0.98 beat Nokia Oyj's score of 0.24 indicating that NXP Semiconductors is being referred to more favorably in the news media.
NXP Semiconductors has lower revenue, but higher earnings than Nokia Oyj. NXP Semiconductors is trading at a lower price-to-earnings ratio than Nokia Oyj, indicating that it is currently the more affordable of the two stocks.
Summary
NXP Semiconductors beats Nokia Oyj on 17 of the 21 factors compared between the two stocks.
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This page (NYSE:NOK) was last updated on 11/21/2024 by MarketBeat.com Staff