10 May Nokia Corporation (NOK)’s Financial Results Comparing With …
Both Nokia Corporation (NYSE:NOK) and Ciena Corporation (NYSE:CIEN) compete on a level playing field in the Communication Equipment industry. We will evaluate their performance with regards to profitability, analyst recommendations, risk, dividends, institutional ownership, earnings and valuation.
Earnings & Valuation
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
Table 1 shows gross revenue, earnings per share (EPS) and valuation of the two companies.
Table 2 has Nokia Corporation and Ciena Corporation’s net margins, return on assets and return on equity.
|Net Margins||Return on Equity||Return on Assets|
Risk & Volatility
Nokia Corporation’s volatility measures that it’s 68.00% less volatile than Standard & Poor’s 500 due to its 0.32 beta. Ciena Corporation on the other hand, has 1.06 beta which makes it 6.00% more volatile compared to Standard & Poor’s 500.
Nokia Corporation has a Current Ratio of 1.3 and a Quick Ratio of 1.1. Competitively, Ciena Corporation’s Current Ratio is 2.2 and has 2 Quick Ratio. Ciena Corporation’s better ability to pay short and long-term obligations than Nokia Corporation.
The annual dividend that Nokia Corporation pay is $0.22 per share with a dividend yield of 4.46%. Ciena Corporation does not offer a dividend.
The next table highlights the delivered recommendations and ratings for Nokia Corporation and Ciena Corporation.
|Sell Ratings||Hold Ratings||Buy Ratings||Rating Score|
$7.67 is Nokia Corporation’s average target price while its potential upside is 55.11%. On the other hand, Ciena Corporation’s potential upside is 26.03% and its average target price is $44.2. The results provided earlier shows that Nokia Corporation appears more favorable than Ciena Corporation, based on analyst view.
Insider and Institutional Ownership
Institutional investors owned 6.9% of Nokia Corporation shares and 95.2% of Ciena Corporation shares. On the other hand, insiders owned about 1.5% of Ciena Corporation’s shares.
In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.
|Performance (W)||Performance (M)||Performance (Q)||Performance (HY)||Performance (Y)||Performance (YTD)|
For the past year Nokia Corporation’s stock price has smaller growth than Ciena Corporation.
Ciena Corporation beats on 8 of the 13 factors Nokia Corporation.
Nokia Corporation engages in the network and technology businesses worldwide. The company operates through four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It provides mobile networking solutions, including hardware, software, and services for telecommunications operators, enterprises, and related markets/verticals. It also offers fixed networking solutions, such as copper based solutions; fiber-to-the-home solutions, including Ethernet point-to-point, gigabit passive optical networks, EPON, and 10 gigabit next generation fiber technologies; fiber access products, solutions, and services; and public switched telephone network transformation, ultra-broadband network design, deployment and operation, site implementation and outside plant, and multi-vendor maintenance services. In addition, the company provides network implementation, care, and professional services for mobile networks; and managed services, such as network and service management, build-operate-transfer model, hosting, analytics, Internet of Things (IoT), cloud, and security operation services for the fixed, mobile, applications, Internet protocol (IP), and optical domains. Further, it offers network planning and optimization services to enhance the network performance and quality, and analytics-based services; and network architecture, integration, customization, and migration services. Additionally, the company provides IP/optical networking solutions, including IP routing and optical transport systems, software, and services; software solutions, such as customer experience management, network operations and management, communications and collaborations, policy and charging, as well as Cloud, IoT, security, and analytics platforms; and submarine networks and radio frequency systems. Nokia Corporation has a collaboration agreement with Filtronic. The company was founded in 1865 and is headquartered in Espoo, Finland.
Ciena Corporation provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide. The companyÂ’s Networking Platforms segment offers hardware networking solutions optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform and the 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, CoreDirector Multiservice Optical Switches, and OTN configuration for the 5410 Reconfigurable Switching System, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; and 4200 Advanced Services Platform, Corestream 5100/5200 Advanced Services Platform, Common Photonic Layer, and 6100 Multiservice Optical Platform. This segment also sells operating system software and enhanced software features embedded in each of these products. The companyÂ’s Software and Software-Related Services segment offers network management solutions, including the OneControl Unified Management System, ON-Center Network & Service Management Suite, Ethernet Services Manager, Optical Suite Release, and Planet Operate; and Blue Planet network virtualization,…