NOK vs. ERIC, UI, MSI, IOT, NTAP, PTC, HPE, ASX, MSTR, and TYL
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), Samsara (IOT), NetApp (NTAP), PTC (PTC), Hewlett Packard Enterprise (HPE), ASE Technology (ASX), MicroStrategy (MSTR), and Tyler Technologies (TYL). These companies are all part of the "computer and technology" sector.
Nokia Oyj (NYSE:NOK) and Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) are both large-cap computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their valuation, profitability, risk, community ranking, media sentiment, analyst recommendations, dividends, earnings and institutional ownership.
Nokia Oyj currently has a consensus price target of $4.42, indicating a potential upside of 12.92%. Telefonaktiebolaget LM Ericsson (publ) has a consensus price target of $5.58, indicating a potential downside of 2.79%. Given Nokia Oyj's stronger consensus rating and higher possible upside, equities research analysts clearly believe Nokia Oyj is more favorable than Telefonaktiebolaget LM Ericsson (publ).
Nokia Oyj pays an annual dividend of $0.12 per share and has a dividend yield of 3.1%. Telefonaktiebolaget LM Ericsson (publ) pays an annual dividend of $0.17 per share and has a dividend yield of 3.0%. 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) pays out -24.3% of its earnings in the form of a dividend.
5.3% of Nokia Oyj shares are owned by institutional investors. Comparatively, 8.0% of Telefonaktiebolaget LM Ericsson (publ) shares are owned by institutional investors. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
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 24 more articles in the media than Telefonaktiebolaget LM Ericsson (publ). MarketBeat recorded 26 mentions for Nokia Oyj and 2 mentions for Telefonaktiebolaget LM Ericsson (publ). Nokia Oyj's average media sentiment score of 0.18 beat Telefonaktiebolaget LM Ericsson (publ)'s score of -0.32 indicating that Nokia Oyj is being referred to more favorably in the media.
Nokia Oyj has a net margin of 3.90% compared to Telefonaktiebolaget LM Ericsson (publ)'s net margin of -9.75%. Telefonaktiebolaget LM Ericsson (publ)'s return on equity of 11.93% beat Nokia Oyj's return on equity.
Nokia Oyj has a beta of 1.07, meaning that its share price is 7% more volatile than the S&P 500. Comparatively, Telefonaktiebolaget LM Ericsson (publ) has a beta of 0.76, meaning that its share price is 24% less volatile than the S&P 500.
Nokia Oyj has higher earnings, but lower revenue 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.
Summary
Nokia Oyj beats Telefonaktiebolaget LM Ericsson (publ) on 15 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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