NOK vs. ERIC, UI, MSI, NTAP, TME, PTC, HPE, CHKP, ASX, and PINS
Should you be buying Nokia Oyj stock or one of its competitors? The main competitors of Nokia Oyj include Telefonaktiebolaget LM Ericsson (publ) (ERIC), Ubiquiti (UI), Motorola Solutions (MSI), NetApp (NTAP), Tencent Music Entertainment Group (TME), PTC (PTC), Hewlett Packard Enterprise (HPE), Check Point Software Technologies (CHKP), ASE Technology (ASX), and Pinterest (PINS). These companies are all part of the "computer and technology" sector.
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) and Nokia Oyj (NYSE:NOK) are both large-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their earnings, dividends, institutional ownership, media sentiment, risk, profitability, analyst recommendations, valuation and community ranking.
Nokia Oyj has lower revenue, but higher earnings than Telefonaktiebolaget LM Ericsson (publ). Telefonaktiebolaget LM Ericsson (publ) is trading at a lower price-to-earnings ratio than Nokia Oyj, indicating that it is currently the more affordable of the two stocks.
Nokia Oyj received 346 more outperform votes than Telefonaktiebolaget LM Ericsson (publ) when rated by MarketBeat users. Likewise, 60.88% of users gave Nokia Oyj an outperform vote while only 57.77% of users gave Telefonaktiebolaget LM Ericsson (publ) an outperform vote.
In the previous week, Nokia Oyj had 26 more articles in the media than Telefonaktiebolaget LM Ericsson (publ). MarketBeat recorded 30 mentions for Nokia Oyj and 4 mentions for Telefonaktiebolaget LM Ericsson (publ). Nokia Oyj's average media sentiment score of 0.50 beat Telefonaktiebolaget LM Ericsson (publ)'s score of 0.30 indicating that Telefonaktiebolaget LM Ericsson (publ) is being referred to more favorably in the media.
Telefonaktiebolaget LM Ericsson (publ) pays an annual dividend of $0.16 per share and has a dividend yield of 3.1%. Nokia Oyj pays an annual dividend of $0.12 per share and has a dividend yield of 3.3%. Telefonaktiebolaget LM Ericsson (publ) pays out -22.9% of its earnings in the form of a dividend. Nokia Oyj pays out 75.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Telefonaktiebolaget LM Ericsson (publ) has a beta of 0.76, suggesting that its stock price is 24% less volatile than the S&P 500. Comparatively, Nokia Oyj has a beta of 1.09, suggesting that its stock price is 9% more volatile than the S&P 500.
8.0% of Telefonaktiebolaget LM Ericsson (publ) shares are owned by institutional investors. Comparatively, 5.3% of Nokia Oyj shares are owned by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Nokia Oyj has a net margin of 3.90% compared to Nokia Oyj's net margin of -9.75%. Nokia Oyj's return on equity of 11.93% beat Telefonaktiebolaget LM Ericsson (publ)'s return on equity.
Telefonaktiebolaget LM Ericsson (publ) currently has a consensus price target of $5.58, indicating a potential upside of 7.72%. Nokia Oyj has a consensus price target of $4.42, indicating a potential upside of 20.96%. Given Telefonaktiebolaget LM Ericsson (publ)'s stronger consensus rating and higher possible upside, analysts clearly believe Nokia Oyj is more favorable than Telefonaktiebolaget LM Ericsson (publ).
Summary
Nokia Oyj beats Telefonaktiebolaget LM Ericsson (publ) on 14 of the 19 factors compared between the two stocks.
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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.
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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