|Bid||6.16 x 35300|
|Ask||6.17 x 100600|
|Day's Range||6.18 - 6.24|
|52 Week Range||4.04 - 6.65|
|PE Ratio (TTM)||-48.67|
|Dividend & Yield||0.18 (2.93%)|
|1y Target Est||6.55|
HMD Global, the company that Nokia (NOK) licensed to manufacture phones under its brand, is partnering with high-end imaging systems marker Carl Zeiss.
Telecoms gear maker Nokia is likely to see a boost to quarterly earnings on Thursday from a recent patent licensing deal with Apple that offsets weak demand in its main equipment business from network operators. In a Reuters poll of analysts, Nokia's networks sales are seen falling 3 percent in the second quarter from a year ago, while revenues from its technologies unit, including patent royalties, are seen up 40 percent following the deal with Apple.
Restructuring and industry headwinds have hurt results, but we still think the stock's undervalued.