Ericsson Company Profile (NASDAQ:ERIC)

Analyst Ratings

Consensus Ratings for Ericsson (NASDAQ:ERIC) (?)
Ratings Breakdown: 3 Sell Rating(s), 14 Hold Rating(s), 2 Buy Rating(s)
Consensus Rating:Hold (Score: 1.95)
Consensus Price Target: $8.39 (12.90% upside)

Analysts' Ratings History for Ericsson (NASDAQ:ERIC)
Show:
DateFirmActionRatingPrice TargetActions
7/20/2016Canaccord GenuityLower Price TargetHold$8.50 -> $7.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/20/2016Charter EquityDowngradeMarket Perform -> UnderperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/18/2016BMO Capital MarketsReiterated RatingHold$8.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/6/2016Barclays PLCUpgradeUnderweight -> Equal WeightView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/21/2016Goldman Sachs Group Inc.UpgradeSell -> NeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/4/2016JPMorgan Chase & Co.Reiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/3/2016SwedbankDowngradeBuy -> NeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/22/2016Cowen and CompanyDowngradeOutperform -> Market Perform$11.00 -> $7.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/22/2016Sanford C. BernsteinDowngradeOutperform -> Market Perform$8.23 -> $8.27View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/21/2016Bank of America Corp.DowngradeBuy -> NeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/12/2016Credit Agricole SAInitiated CoverageSellView Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/11/2016Wells Fargo & Co.Initiated CoverageMarket PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/29/2016Deutsche Bank AGReiterated RatingNeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/11/2016Morgan StanleyReiterated RatingNeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/5/2016Societe GeneraleDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/27/2015Royal Bank Of CanadaDowngradeHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/1/2015Credit Suisse Group AGDowngradeNeutral -> Underperform$11.85 -> $9.69View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/25/2015Liberum CapitalUpgradeHold -> BuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/26/2015DanskeUpgradeSell -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/29/2015Kepler Capital MarketsReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/28/2015Citigroup Inc.UpgradeNeutral -> BuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/12/2015Berenberg BankDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/25/2014 forward)

Earnings

Earnings History for Ericsson (NASDAQ:ERIC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/19/2016Q116$0.12$0.10ViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/21/2016Q1$0.13$0.11$54.15 billion$52.20 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/27/2016Q415$0.24$0.25$73.40 billion$73.60 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/23/2015Q315$0.16$0.16$60.50 billion$59.20 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/17/2015Q215$0.13$0.17$6.61 billion$60.70 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/23/2015Q1$0.13$0.77$53.59 billion$53.50 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/27/2015Q414$0.24$1.71$70.54 billion$68.00 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/24/2014Q314$0.17$0.15$57.60 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/18/2014$1.02$1.07$52.60 billion$54.80 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/23/2014$0.93$0.90$51.40 billion$47.50 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/31/2014Q413$0.25$0.38$10.09 billion$10.30 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/24/2013$1.22$1.31$54.62 billion$53.00 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/18/2013Q213$1.16$0.88$8.54 billion$55.30 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/24/2013$0.93$0.99$53.05 billion$52.00 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/31/2013Q412$1.20$0.36$63.70 billion$66.90 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/26/2012$0.82$1.04ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/18/2012$0.75$0.78ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/25/2012$0.63$0.77ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/25/2012$1.65$0.36ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/20/2011$1.39$1.44ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/21/2011$1.50$0.96ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/25/2011$1.51$1.34ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ericsson (NASDAQ:ERIC)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$0.10$0.10$0.10
Q3 20161$0.11$0.11$0.11
Q4 20161$0.21$0.21$0.21
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Ericsson (NASDAQ:ERIC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Ericsson (NASDAQ:ERIC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Ericsson (NASDAQ:ERIC)
DateHeadline
07/25/16 01:22 PMDespite Selloff, Argus Calls Flextronics A Buy On Improving Product Mix - Argus reiterated its Buy rating on Flextronics International Ltd. (NASDAQ: FLEX), which recouped some of its losses after a selloff on concerns that the company's traditional business in the communications & enterprise compute segment could weaken going forward. Negatives "As demonstrated by poor 2Q16 results from Ericsson (a Flex customer), demand for new equipment is weak among traditional telco service providers. While enterprise networking is somewhat steadier, prospects for M&A (i.e., Dell-EMC) may push purchasing managers to the sidelines while they assess the changed landscape," analyst Jim Kelleher wrote in a note. Positives On the positive note, the company's High Reliability Solutions (HRS) unit benefits from its strong position in automotive and Consumer Technology Group (CTG) seems to be moving away from unstable mobile phone business to newer customers such as Nike Inc ...Full story available on Benzinga.com
07/25/16 09:34 AMUPDATE 2-Ericsson ousts CEO after poor results - * Search for CEO likely to take "many months" - chairman (Recasts, adds detail, background, analysts, shares)
07/25/16 09:34 AMJPM: After CEO ouster, Ericsson must boost gross profit -
07/25/16 08:35 AMLaura Siegemund wins Ericsson Open to claim first WTA title - Eurosport.com
07/25/16 08:35 AMBRIEF-Ericsson shares rise 4 percent after CEO steps down - Reuters
07/25/16 08:35 AMChassis change forces Ericsson pitlane start - Eurosport.com
07/25/16 08:35 AMEricsson CEO Vestberg resigns - Broadband TV News
07/25/16 08:35 AMEuropean stocks climb for first day in three as Ryanair, Ericsson advance - MarketWatch
07/25/16 08:35 AMBRIEF-Ericsson CEO Vestberg steps down - Reuters
07/25/16 08:35 AMEricsson Says CEO Hans Vestberg Steps Down Immediately - Bloomberg
07/25/16 08:35 AMEricsson's Board Just Pushed Out CEO Hans Vestberg - Fortune
07/25/16 07:44 AMEricsson (ERIC) Stock Gains on CEO Vestberg Departure -
07/25/16 07:18 AMMorning Movers: YHOO, VZ, DHR, GILD -
07/25/16 06:37 AMEricsson: After CEO Vestberg's Departure, Gross Profit is Priority, Says JP Morgan -
07/25/16 05:58 AMCEOs Are Paid A Lot Because CEOs Are Worth A Lot - Hans Vestberg And Ericsson Edition - Forbes - FortuneCEOs Are Paid A Lot Because CEOs Are Worth A Lot - Hans Vestberg And Ericsson EditionForbesMuch ink is spilled in denouncing how much money CEOs of large companies are paid these days. But there is a simple answer to all of this which is that CEOs are paid a lot because CEOs are worth a lot. No, not that the individual is that valuable, nor ...Ericsson ousts chief executive after months of criticism, shares soarReutersEricsson's Board Just Pushed Out CEO Hans VestbergFortuneEricsson CEO steps down amid tightened competitionWinston-Salem JournalStreetInsider.com -Nasdaq -TheStreet.com -Wall Street Journalall 34 news articles »
07/25/16 02:16 AMEricsson CEO Vestberg steps down -
07/24/16 03:40 PMSiegemund Wins First Title in Bastad
07/24/16 03:40 PM5G Radio Access – the next step towards mobile evolution
07/24/16 03:40 PMEricsson to start Hungarian GP from pit lane
07/24/16 08:23 AMHungarian GP: Watch Ericsson, Massa and Haryanto crash out of Q1
07/24/16 08:23 AMEricsson signs extended (MoU) with Huawei and Nokia
07/24/16 08:23 AMQualifier Katerina Siniakova reaches final of Ericsson Open beating Johanna Larsson 7-5, 6-1 in Bastad, Sweden
07/24/16 08:23 AMEricsson to start Hungarian GP from pitlane
07/24/16 08:23 AMEricsson to start from pitlane after chassis change
07/23/16 03:44 PMReport: Ericsson's Telcordia beats Neustar for key number portability contract - FierceWireless
07/23/16 03:44 PMQualifier Katerina Siniakova reaches final of Ericsson Open beating Johanna Larsson 7-5, 6-1 in Sweden - Daily Mail
07/23/16 03:44 PMEricsson Extends Broadcast Services to UKTV - TV Technology
07/23/16 03:44 PMVodafone Czech Republic launched VoLTE and Wi-Fi calling with Ericsson - FierceWireless
07/23/16 03:44 PMHungarian GP: Watch Ericsson, Massa and Haryanto crash out of Q1 - SkySports
07/23/16 03:44 PMTR Ericsson returns to Fine Arts Association in Willoughby for talk, two-session workshop - News-Herald.com
07/23/16 03:44 PMEricsson: I made a mistake - Planet F1
07/23/16 07:56 AMEcclestone "confident" new owner has saved Sauber
07/22/16 03:47 PMInterfacing old mobile phone siemens nokiasony ericsson with pic or arduino cheapest gsm project
07/22/16 03:47 PMKaterina Siniakova stuns Sara Errani to reach Ericsson Open semi-finals
07/22/16 03:47 PMFirst Rule of the Job Hunt: Find Something You Love to Do
07/22/16 03:47 PMCisco to Buy Ericsson Soon
07/22/16 03:47 PMXperia X Ultra: After a disappointing start to 2016, I'm hoping for the best Sony phone in years
07/22/16 03:47 PMEricsson renews broadcast services contract UKTV
07/22/16 06:19 AMUBS Cuts Ericsson To Hold On Q2 Sales Slump - Barron's (blog)
07/21/16 09:21 PMBook review: Why practice doesn't always make perfect
07/21/16 04:00 PMEricsson/Calix, ADTRAN prep for Verizon NG-PON2 finals
07/21/16 04:00 PMSauber F1 drivers discuss what new ownership means for team
07/21/16 04:00 PMEricsson renews UKTV contract
07/21/16 04:00 PMUKTV Extends Ericsson Contract In New Multi-Year Deal
07/21/16 04:00 PMEricsson/Calix, ADTRAN prep for Verizon NG-PON2 finals - LightWave Online
07/21/16 02:48 PMUBS Cuts Ericsson To Hold On Q2 Sales Slump -
07/21/16 11:17 AMLM Ericsson Telefon AB :ERIC-US: Earnings Analysis: Q2, 2016 By the Numbers : July 21, 2016 -
07/21/16 07:24 AMBRIEF-Ericsson says UKTV extends broadcast services contract - Reuters
07/21/16 07:24 AMVerizon launches NG-PON2 lab test with Ericsson, Calix, Adtran, laying foundation for 10G business services - FierceTelecom
07/21/16 07:24 AMEricsson: "No bad thing" to stay at Sauber in 2017 - Motorsport.com, Edition: Global

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About Ericsson

Ericsson logoTelefonaktiebolaget LM Ericsson is a Sweden-based telecommunications operator. The Company offers hardware, software and services that drive development in mobility, broadband and the cloud, creating ecosystems across various industries. Ericsson's core businesses are Radio, Core and Transmission, and Telecom Services. Ericsson operates through three business segments: Networks, Global Services and Support Solutions. Its targeted areas include business support systems (OSS) and business support systems (BSS); television and media, and Internet protocol (IP) and cloud. Networks segment delivers products and solutions for mobile and fixed communication, various generations of radio networks, IP and transmission networks, core networks and cloud. Global Services segment delivers managed services, product-related services, consulting and systems integration services, as well as broadcast and media services. Its Support Solutions segment provides software suites for operators.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communication Equipment
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: ERIC
  • CUSIP:
Key Metrics:
  • Previous Close: $7.36
  • 50 Day Moving Average: $7.58
  • 200 Day Moving Average: $8.56
  • P/E Ratio: 15.24
  • P/E Growth: 16.34
  • Market Cap: $24.01B
  • Beta: 1.09
  • Current Year EPS Consensus Estimate: $0.530 EPS
  • Next Year EPS Consensus Estimate: $0.620 EPS
Additional Links:
Ericsson (NASDAQ:ERIC) Chart for Monday, July, 25, 2016