NASDAQ:ERIC - Telefonaktiebolaget LM Ericsson Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $9.57 +0.20 (+2.13 %) (As of 05/21/2019 01:21 AM ET)Previous Close$9.37Today's Range$9.43 - $9.6452-Week Range$7.16 - $10.46Volume12.31 million shsAverage Volume6.05 million shsMarket Capitalization$31.91 billionP/E Ratio319.00Dividend Yield0.75%Beta0.55 ProfileAnalyst RatingsChartDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Telefonaktiebolaget LM Ericsson (publ) provides information and communications technology solutions for service providers. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment provides mobile radio access networks, transport solutions, and site solutions, as well as related services, such as network rollout, network tuning, and customer support. The Digital Services segment offers products and services for service providers in the areas of business support systems, operations support systems, cloud core, cloud communication, network functions virtualization, and cloud infrastructure, as well as consulting, learning, and testing services. The Managed Services segment provides vendor agnostic services, including networks and IT managed, application development and modernization, and network design and optimization services to manage service providers networks. The Emerging Business and Other segment consists of emerging businesses; iconectiv that offers software-based interconnection solutions; media solutions; and Red Bee Media, which consists of technology enabled services to manage the play-out platform for broadcasters and content owners. It operates in Europe and Latin America, the Middle East and Africa, North America, North East Asia, South East Asia, Oceania, and India. The company was founded in 1876 and is headquartered in Stockholm, Sweden. Receive ERIC News and Ratings via Email Sign-up to receive the latest news and ratings for ERIC and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Radio & t.v. communications equipment Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:ERIC Previous Symbol CUSIPN/A CIK717826 Webwww.ericsson.com Phone46-1-071-900-00Debt Debt-to-Equity Ratio0.49 Current Ratio1.32 Quick Ratio1.05Price-To-Earnings Trailing P/E Ratio319.00 Forward P/E Ratio24.54 P/E GrowthN/A Sales & Book Value Annual Sales$24.28 billion Price / Sales1.31 Cash Flow$0.3062 per share Price / Cash Flow31.25 Book Value$2.77 per share Price / Book3.45Profitability EPS (Most Recent Fiscal Year)$0.03 Net Income$-751,600,000.00 Net Margins-1.46% Return on Equity3.79% Return on Assets1.27%Miscellaneous Employees100,735 Outstanding Shares3,334,150,000Market Cap$31.91 billion Next Earnings Date7/17/2019 (Estimated) OptionableOptionable Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Frequently Asked Questions What is Telefonaktiebolaget LM Ericsson's stock symbol? Telefonaktiebolaget LM Ericsson trades on the NASDAQ under the ticker symbol "ERIC." How were Telefonaktiebolaget LM Ericsson's earnings last quarter? Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) released its earnings results on Wednesday, April, 17th. The communications equipment provider reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.05. The communications equipment provider had revenue of $48.90 billion for the quarter, compared to analyst estimates of $48.35 billion. Telefonaktiebolaget LM Ericsson had a positive return on equity of 3.79% and a negative net margin of 1.46%. The company's quarterly revenue was up 12.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.11 earnings per share. View Telefonaktiebolaget LM Ericsson's Earnings History. When is Telefonaktiebolaget LM Ericsson's next earnings date? Telefonaktiebolaget LM Ericsson is scheduled to release their next quarterly earnings announcement on Wednesday, July 17th 2019. View Earnings Estimates for Telefonaktiebolaget LM Ericsson. What price target have analysts set for ERIC? 8 Wall Street analysts have issued 12-month price objectives for Telefonaktiebolaget LM Ericsson's stock. Their forecasts range from $8.00 to $10.00. On average, they expect Telefonaktiebolaget LM Ericsson's stock price to reach $8.9250 in the next twelve months. This suggests that the stock has a possible downside of 6.7%. View Analyst Price Targets for Telefonaktiebolaget LM Ericsson. What is the consensus analysts' recommendation for Telefonaktiebolaget LM Ericsson? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Telefonaktiebolaget LM Ericsson in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Telefonaktiebolaget LM Ericsson. Has Telefonaktiebolaget LM Ericsson been receiving favorable news coverage? News articles about ERIC stock have been trending somewhat negative on Tuesday, according to InfoTrie. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Telefonaktiebolaget LM Ericsson earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned news headlines about the communications equipment provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. Who are some of Telefonaktiebolaget LM Ericsson's key competitors? Some companies that are related to Telefonaktiebolaget LM Ericsson include QUALCOMM (QCOM), NTT Docomo (DCMYY), Nokia Oyj (NOK), Motorola Solutions (MSI), L3 Technologies (LLL), Ubiquiti Networks (UBNT), ARRIS International (ARRS), ViaSat (VSAT), Echostar (SATS), Commscope (COMM), Mitel Networks (MITL), Loral Space & Communications Ltd. (LORL), Casa Systems (CASA), Comtech Telecomm. (CMTL) and Harmonic (HLIT). What other stocks do shareholders of Telefonaktiebolaget LM Ericsson own? Based on aggregate information from My MarketBeat watchlists, some companies that other Telefonaktiebolaget LM Ericsson investors own include Nokia Oyj (NOK), Intel (INTC), Advanced Micro Devices (AMD), QUALCOMM (QCOM), Cisco Systems (CSCO), NVIDIA (NVDA), Micron Technology (MU), Netflix (nflx), Starbucks (SBUX) and Verizon Communications (VZ). Who are Telefonaktiebolaget LM Ericsson's key executives? Telefonaktiebolaget LM Ericsson's management team includes the folowing people: Mr. Börje E. Ekholm MSc, MBA, Pres, CEO & Director (Age 56)Mr. Carl Mellander, Sr. VP, CFO and Head of Group Function Fin. & Common Functions (Age 55)Ms. Eva-Britt Allenius, Chief Accounting OfficerMr. Erik Ekudden, Group CTO & SVP and Head of Technology & Architecture (Age 51)Mr. Peter Nyquist, VP & Head of Investor Relations (Age 54) Who are Telefonaktiebolaget LM Ericsson's major shareholders? Telefonaktiebolaget LM Ericsson's stock is owned by many different of institutional and retail investors. Top institutional investors include Primecap Management Co. CA (3.98%), Hotchkis & Wiley Capital Management LLC (0.77%), Hotchkis & Wiley Capital Management LLC (0.77%), Renaissance Technologies LLC (0.63%), FMR LLC (0.34%) and Northern Trust Corp (0.09%). Which institutional investors are selling Telefonaktiebolaget LM Ericsson stock? ERIC stock was sold by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Wells Fargo & Company MN, Trexquant Investment LP, Primecap Management Co. CA, Bayesian Capital Management LP, BlackRock Inc. and Rational Advisors LLC. Which institutional investors are buying Telefonaktiebolaget LM Ericsson stock? ERIC stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, Jane Street Group LLC, JPMorgan Chase & Co., Picton Mahoney Asset Management, Morgan Stanley, FIL Ltd and Chase Investment Counsel Corp. How do I buy shares of Telefonaktiebolaget LM Ericsson? Shares of ERIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Telefonaktiebolaget LM Ericsson's stock price today? One share of ERIC stock can currently be purchased for approximately $9.57. How big of a company is Telefonaktiebolaget LM Ericsson? Telefonaktiebolaget LM Ericsson has a market capitalization of $31.91 billion and generates $24.28 billion in revenue each year. The communications equipment provider earns $-751,600,000.00 in net income (profit) each year or $0.03 on an earnings per share basis. Telefonaktiebolaget LM Ericsson employs 100,735 workers across the globe. What is Telefonaktiebolaget LM Ericsson's official website? The official website for Telefonaktiebolaget LM Ericsson is http://www.ericsson.com. How can I contact Telefonaktiebolaget LM Ericsson? Telefonaktiebolaget LM Ericsson's mailing address is TORSHAMNSGATAN 21 - 23, STOCKHOLM V7, 16483. The communications equipment provider can be reached via phone at 46-1-071-900-00 or via email at [email protected] MarketBeat Community Rating for Telefonaktiebolaget LM Ericsson (NASDAQ ERIC)Community Ranking: 2.0 out of 5 ( )Outperform Votes: 468 (Vote Outperform)Underperform Votes: 702 (Vote Underperform)Total Votes: 1,170MarketBeat's community ratings are surveys of what our community members think about Telefonaktiebolaget LM Ericsson and other stocks. Vote "Outperform" if you believe ERIC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ERIC will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 5/21/2019 by MarketBeat.com StaffFeatured Article: What is the Producer Price Index (PPI)? 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