Ericsson Company Profile (NASDAQ:ERIC)

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: $7.42
  • 200 Day Moving Average: $8.28
  • Trailing P/E Ratio: 14.78
  • Foreward P/E Ratio: 12.47
  • P/E Growth: 16.65
  • Market Cap: $24.01B
  • Outstanding Shares: 3,261,729,000
  • Beta: 1.03
Additional Links:
Companies Related to Ericsson:

Analyst Ratings

Consensus Ratings for Ericsson (NASDAQ:ERIC) (?)
Ratings Breakdown: 3 Sell Ratings, 13 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.94)
Consensus Price Target: $8.25 (12.11% upside)

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

Earnings

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

Estimates

Earnings Estimates for Ericsson (NASDAQ:ERIC)
Current Year EPS Consensus Estimate: $0.52 EPS
Next Year EPS Consensus Estimate: $0.59 EPS
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
News IconMarcus Ericsson: “It was a disappointing qualifying for me” - Formula ... - The Checkered Flag (NASDAQ:ERIC)
www.thecheckeredflag.co.uk - August 28 at 4:33 PM
seekingalpha.com logoIs Ericsson A Long-Term Play? - Seeking Alpha (NASDAQ:ERIC)
seekingalpha.com - August 28 at 4:33 PM
News IconEricsson, Mobily partner to provide advanced data technology - Trade Arabia (NASDAQ:ERIC)
www.tradearabia.com - August 28 at 4:33 PM
News IconBelgian race red-flagged after huge Magnussen crash (NASDAQ:ERIC)
www.formula1.com - August 28 at 9:23 AM
News IconMissing Swedish billionaire found dead (NASDAQ:ERIC)
www.thelocal.se - August 28 at 9:23 AM
seekingalpha.com logoIs Ericsson A Long-Term Play? (NASDAQ:ERIC)
seekingalpha.com - August 28 at 9:23 AM
News IconPR: Ericsson and Bombardiertest LTE networks at speeds up to 200 km/h (NASDAQ:ERIC)
thecairopost.youm7.com - August 28 at 9:23 AM
News IconGrid penalty for Ericsson - pitpass.com (NASDAQ:ERIC)
www.pitpass.com - August 27 at 4:37 PM
News IconEricsson wins contract for hybrid cloud environment - Telecompaper (subscription) (NASDAQ:ERIC)
www.telecompaper.com - August 27 at 4:37 PM
News IconEurobites: Ericsson Eases Estonia's Public Sector Into the Cloud ... - Light Reading (NASDAQ:ERIC)
www.lightreading.com - August 27 at 4:37 PM
News IconNico Rosberg fends off Verstappen attack to take Belgian pole (NASDAQ:ERIC)
formulaspy.com - August 27 at 9:30 AM
News IconEricsson gets engine penalty at Spa (NASDAQ:ERIC)
www.motorsport.com - August 27 at 9:30 AM
News IconAB Groupe selects Ericsson for France’s first UHD channel (NASDAQ:ERIC)
www.broadbandtvnews.com - August 27 at 9:30 AM
News IconBelgian Grand Prix qualifying: Mercedes top and tail the grid, Verstappen wows crowd (NASDAQ:ERIC)
asia.eurosport.com - August 27 at 9:30 AM
News IconRosberg edges out Verstappen for Belgian GP pole (NASDAQ:ERIC)
www.f1hub.net - August 27 at 9:30 AM
News IconRosberg beats Verstappen to Spa pole (NASDAQ:ERIC)
www.formula1.com - August 27 at 9:30 AM
msn.com logoEricsson hit with 10-place grid penalty for Belgian GP (NASDAQ:ERIC)
www.msn.com - August 27 at 9:30 AM
News IconStewards confirm Alonso, Ericsson grid drops for Belgian GP (NASDAQ:ERIC)
motorsports.nbcsports.com - August 27 at 9:30 AM
News IconHamilton, Alonso, Ericsson suffer F1 grid penalties at Spa (NASDAQ:ERIC)
www.foxsports.com - August 27 at 9:29 AM
News IconAB Groupe selects Ericsson for France's first ultra high definition TV ... - Multichannel News (NASDAQ:ERIC)
www.multichannel.com - August 26 at 4:46 PM
News IconHamilton, Rosberg, Ericsson suffer grid F1 grid penalties at Spa - FOXSports.com (NASDAQ:ERIC)
www.foxsports.com - August 26 at 4:46 PM
News IconEricsson gets engine penalty at Spa - Motorsport.com - Motorsport.com, Edition: Global (NASDAQ:ERIC)
www.motorsport.com - August 26 at 4:46 PM
News IconReport: Ericsson investors now want to oust chairman - RCR Wireless News (NASDAQ:ERIC)
www.rcrwireless.com - August 26 at 4:46 PM
News IconAB Groupe selects Ericsson for France's first UHD channel - Broadband TV News (NASDAQ:ERIC)
www.broadbandtvnews.com - August 26 at 6:16 AM
News IconZTE Gains Ground on Ericsson, Nokia in H1 - Light Reading (NASDAQ:ERIC)
www.lightreading.com - August 26 at 6:16 AM
publicnow.com logoEricsson leads cloud transformation of public sector in Estonia (NASDAQ:ERIC)
www.publicnow.com - August 26 at 6:16 AM
News IconEricsson, Bombardier test LTE networks at 200 kmph speed (NASDAQ:ERIC)
www.tradearabia.com - August 25 at 10:07 PM
News IconEricsson to help launch first French UHD channel (NASDAQ:ERIC)
www.csimagazine.com - August 25 at 4:55 PM
News IconZTE Gains Ground on Ericsson, Nokia in H1 (NASDAQ:ERIC)
www.lightreading.com - August 25 at 4:55 PM
News Icon5 Points On Trump's Indictment Of Clinton As A Lying, Scheming Criminal (NASDAQ:ERIC)
talkingpointsmemo.com - August 25 at 4:55 PM
News IconWorld's largest scale model solar system spans 11 different Swedish cities (NASDAQ:ERIC)
www.mnn.com - August 25 at 4:55 PM
News IconAB Groupe selects Ericsson for France’s first ultra high definition TV channel (NASDAQ:ERIC)
www.ericsson.com - August 25 at 4:55 PM
News IconLeading stocks in today’s market: Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) (NASDAQ:ERIC)
twincountynews.com - August 25 at 4:55 PM
News IconEricsson ConsumerLab: Customer loyalty measures fail to keep pace with mobile broadband services (NASDAQ:ERIC)
www.fiercewireless.com - August 25 at 4:55 PM
News IconFrance: AB Groupe, Ericsson launch UHD channel - Advanced Television (NASDAQ:ERIC)
advanced-television.com - August 25 at 9:49 AM
gurufocus.com logoBrandes Funds Comments on Ericsson - GuruFocus.com (NASDAQ:ERIC)
www.gurufocus.com - August 25 at 9:49 AM
finance.yahoo.com logoBrandes Funds Comments on Ericsson (NASDAQ:ERIC)
finance.yahoo.com - August 25 at 9:49 AM
News IconEricsson, Bombardier test LTE networks at 200 kmph speed - Trade Arabia (NASDAQ:ERIC)
www.tradearabia.com - August 24 at 4:48 PM
News IconDonald Trump just accused Ericsson of bribing Hillary Clinton - Business Insider Nordic (NASDAQ:ERIC)
nordic.businessinsider.com - August 24 at 4:48 PM
News IconTrump accuses Ericsson of paying Clintons for protection in Iran - RCR Wireless News (NASDAQ:ERIC)
www.rcrwireless.com - August 24 at 4:48 PM
News IconA look at a High Market Cap Stock: Telefonaktiebolaget LM Ericsson ... - The Daily Leicester (NASDAQ:ERIC)
thedailyleicester.com - August 24 at 5:38 AM
News IconBroadband experience critical for smartphone users: Ericsson - ETTelecom.com (NASDAQ:ERIC)
telecom.economictimes.indiatimes.com - August 24 at 5:38 AM
News IconMobile broadband experience main driver of user loyalty to operators: Ericsson (NASDAQ:ERIC)
www.afaqs.com - August 23 at 10:00 PM
mysmartrend.com logoEricsson Set to Possibly Pullback After Yesterday's Rally of 1.08% (NASDAQ:ERIC)
www.mysmartrend.com - August 23 at 10:00 PM
News IconEither way, Ericsson is staging a break - TradingFloor.com (NASDAQ:ERIC)
www.tradingfloor.com - August 23 at 4:59 PM
News IconMobile broadband experience main driver of user loyalty to operators: Ericsson - Business Standard (NASDAQ:ERIC)
www.business-standard.com - August 23 at 4:59 PM
News IconEricsson transfers parts of 2G and 3G development to Combitech - Cellular News (NASDAQ:ERIC)
www.cellular-news.com - August 23 at 4:59 PM
News IconTrump accuses Ericsson of bribing Hillary Clinton - The Local.se (NASDAQ:ERIC)
www.thelocal.se - August 23 at 4:59 PM
livemint.com logoSmartphone user loyalty is beyond Net Promoter Scores: report (NASDAQ:ERIC)
www.livemint.com - August 23 at 9:11 AM
4-traders.com logoEricsson Nikola Tesla d d : and Bombardier test LTE networks at speeds up to 200 km/h (NASDAQ:ERIC)
www.4-traders.com - August 23 at 9:11 AM

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Ericsson (NASDAQ:ERIC) Chart for Sunday, August, 28, 2016


Last Updated on 8/28/2016 by MarketBeat.com Staff