Nokia Oyj (NOK) Earns Daily Coverage Optimism Score of -0.08

News coverage about Nokia Oyj (NYSE:NOK) has been trending somewhat negative on Friday, according to AlphaOne Sentiment. The research group, a division of Accern, identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nokia Oyj earned a coverage optimism score of -0.08 on AlphaOne’s scale. AlphaOne also assigned media stories about the technology company an impact score of 39 out of 100, meaning that recent media coverage is unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news articles that may have impacted AlphaOne’s scoring:

A number of research analysts recently issued reports on the stock. Danske cut shares of Nokia Oyj from a “hold” rating to a “sell” rating in a research report on Wednesday, January 25th. BMO Capital Markets restated a “market perform” rating and set a $4.00 price objective on shares of Nokia Oyj in a research note on Thursday, February 2nd. Morgan Stanley upgraded shares of Nokia Oyj from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $4.75 to $4.87 in a research note on Tuesday, February 7th. Zacks Investment Research upgraded shares of Nokia Oyj from a “sell” rating to a “hold” rating in a research report on Tuesday, February 7th. Finally, Canaccord Genuity restated a “hold” rating and set a $5.00 target price on shares of Nokia Oyj in a research report on Tuesday, February 7th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $9.93.

Nokia Oyj (NYSE:NOK) last issued its quarterly earnings data on Thursday, April 27th. The technology company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by $0.01. The business had revenue of $5.39 billion for the quarter, compared to analyst estimates of $5.33 billion. Nokia Oyj had a positive return on equity of 6.17% and a negative net margin of 2.96%. The firm’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.03 earnings per share.

The company also recently announced a dividend, which will be paid on Friday, June 9th. Shareholders of record on Friday, May 26th will be given a $0.1824 dividend. The ex-dividend date of this dividend is Tuesday, May 23rd. Nokia Oyj’s dividend payout ratio is currently -142.85%.

TRADEMARK VIOLATION NOTICE: “Nokia Oyj (NOK) Earns Daily Coverage Optimism Score of -0.08” was originally published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of international trademark & copyright law. The correct version of this news story can be read at

Nokia Oyj Company Profile

Nokia Corporation is engaged in the network and Internet protocol (IP) infrastructure, software, and related services market. The Company’s businesses include Nokia Networks and Nokia Technologies. The Company’s segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies.

5 Day Chart for NYSE:NOK

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's FREE daily email newsletter.

Latest News

Leave a Reply