Telefonaktiebolaget LM Ericsson Company Profile (NASDAQ:ERIC)

About Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)

Telefonaktiebolaget LM Ericsson logoTelefonaktiebolaget LM Ericsson (Ericsson) provides infrastructure, services and software to the telecommunication industry and other sectors. The Company's segments include Networks, IT & Cloud and Media. The Networks segment consists of two business units: Network Products and Network Services. The overall focus is on evolving and managing access networks, including the development of hardware and software for radio access and transport networks. The IT & Cloud business includes two business units: IT & Cloud Products and IT & Cloud Services. The focus in IT & Cloud is to help telecom operators and selected enterprises through the digital transformations ahead. It develops and delivers software-based solutions for television and media and combines a product portfolio that spans the television value chain, with systems integration and managed services. The portfolio includes compression, content publishing through set-top box or pure over-the-top, content delivery and analytics.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communication Equipment
  • Sub-Industry: N/A
  • Symbol: NASDAQ:ERIC
  • CUSIP: N/A
  • Web: www.ericsson.com
Capitalization:
  • Market Cap: $23.07 billion
  • Outstanding Shares: 3,272,658,000
Average Prices:
  • 50 Day Moving Avg: $6.49
  • 200 Day Moving Avg: $6.04
  • 52 Week Range: $4.83 - $8.04
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 17.63
  • P/E Growth: 0.40
Sales & Book Value:
  • Annual Revenue: $24.75 billion
  • Price / Sales: 0.93
  • Book Value: $4.40 per share
  • Price / Book: 1.60
Dividend:
  • Annual Dividend: $0.30
  • Dividend Yield: 1.7%
Profitability:
  • EBIDTA: $1.25 billion
  • Net Margins: 0.85%
  • Return on Equity: 6.20%
  • Return on Assets: 3.09%
Debt:
  • Debt-to-Equity Ratio: 0.13%
  • Current Ratio: 1.85%
  • Quick Ratio: 1.53%
Misc:
  • Average Volume: 4.45 million shs.
  • Beta: 1.2
  • Short Ratio: 3.22
 

Frequently Asked Questions for Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)

What is Telefonaktiebolaget LM Ericsson's stock symbol?

Telefonaktiebolaget LM Ericsson trades on the NASDAQ under the ticker symbol "ERIC."

How often does Telefonaktiebolaget LM Ericsson pay dividends? What is the dividend yield for Telefonaktiebolaget LM Ericsson?

Telefonaktiebolaget LM Ericsson announced a dividend on Wednesday, March 29th. Shareholders of record on Friday, March 31st will be given a dividend of $0.068 per share on Friday, March 31st. The ex-dividend date is Thursday, March 30th. View Telefonaktiebolaget LM Ericsson's Dividend History.

How were Telefonaktiebolaget LM Ericsson's earnings last quarter?

Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) issued its quarterly earnings data on Tuesday, April, 25th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by $0.30. The company earned $46.40 billion during the quarter, compared to the consensus estimate of $47.36 billion. Telefonaktiebolaget LM Ericsson had a net margin of 0.85% and a return on equity of 6.20%. The company's quarterly revenue was down 11.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.87 earnings per share. View Telefonaktiebolaget LM Ericsson's Earnings History.

Where is Telefonaktiebolaget LM Ericsson's stock going? Where will Telefonaktiebolaget LM Ericsson's stock price be in 2017?

16 equities research analysts have issued 12 month price targets for Telefonaktiebolaget LM Ericsson's stock. Their forecasts range from $3.00 to $7.80. On average, they anticipate Telefonaktiebolaget LM Ericsson's share price to reach $5.83 in the next twelve months. View Analyst Ratings for Telefonaktiebolaget LM Ericsson.

What are analysts saying about Telefonaktiebolaget LM Ericsson stock?

Here are some recent quotes from research analysts about Telefonaktiebolaget LM Ericsson stock:

  • 1. According to Zacks Investment Research, "Ericsson also has a dismal earnings surprise history, missing estimates each time over the trailing four quarters. Over the past one year, Ericsson’s shares lost more than the Zacks categorized Wireless Equipment industry. Soft emerging market conditions, completion of major projects and adverse industry trends add to the woes. The company’s revenues and gross margins in the mobile broadband segment continue to worsen on account of these factors. Escalating restructuring expenses and spectrum crunch may pose as significant headwinds for the company, going forward. Ericsson expects to take provisions, write-downs and restructuring charges this year, which can severely pressurize margins. However, on the positive side, Ericsson’s recent partnership with Cisco is displaying promise and is expected to boost its product lineup and drive sales growth." (3/28/2017)
  • 2. Goldman Sachs Group Inc analysts commented, "the risk/reward is now less skewed to the downside than before the ytd underperformance of the stock."However, Goldman still expects challenging wireless capex dynamics this year and remains cautious on second-quarter results. Goldman expects quarter-over-quarter revenue growth of 7.5 percent in the second quarter (i.e., sub-seasonal), whereas the consensus models 10 percent.Related Link: Neustar Plans To Split Into 2 Independent Publicly Traded Companies"Our view remains that top-line trends will be tough in 2016, given further EM weakness and our expectation of continued low wireless volumes in regions including Korea and Europe," analyst Alexander Duval wrote in a note.That said, Duval raised his 2016/17 EBITDA estimates by 6 percent/7 percent to factor in a greater likelihood that Ericsson will achieve its cost-cutting target (ex modems) of SKr7 billion by 2017."[O]ur 2016/2017 EBITDA estimates are now only 4 percent/1 percent below SME Direkt consensus, suggesting downside to earnings is now less likely to catalyze further underperformance than we assumed hitherto," (6/21/2016)

Who are some of Telefonaktiebolaget LM Ericsson's key competitors?

Who owns Telefonaktiebolaget LM Ericsson stock?

Telefonaktiebolaget LM Ericsson's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Hotchkis & Wiley Capital Management LLC (3.05%), Primecap Management Co. CA (2.50%), Brandes Investment Partners LP (0.33%), Credit Suisse AG (0.14%), Wellington Management Group LLP (0.07%) and FMR LLC (0.05%). View Institutional Ownership Trends for Telefonaktiebolaget LM Ericsson.

Who sold Telefonaktiebolaget LM Ericsson stock? Who is selling Telefonaktiebolaget LM Ericsson stock?

Telefonaktiebolaget LM Ericsson's stock was sold by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, FMR LLC, Sei Investments Co., Jane Street Group LLC, Financial & Investment Management Group Ltd., First Trust Advisors LP, Massachusetts Financial Services Co. MA and KCG Holdings Inc.. View Insider Buying and Selling for Telefonaktiebolaget LM Ericsson.

Who bought Telefonaktiebolaget LM Ericsson stock? Who is buying Telefonaktiebolaget LM Ericsson stock?

Telefonaktiebolaget LM Ericsson's stock was purchased by a variety of institutional investors in the last quarter, including Credit Suisse AG, Primecap Management Co. CA, Wellington Management Group LLP, Brandes Investment Partners LP, AO Asset Management LLC, Wells Fargo & Company MN, Envestnet Asset Management Inc. and Oppenheimer Asset Management Inc.. View Insider Buying and Selling for Telefonaktiebolaget LM Ericsson.

How do I buy Telefonaktiebolaget LM Ericsson stock?

Shares of Telefonaktiebolaget LM Ericsson can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Telefonaktiebolaget LM Ericsson stock cost?

One share of Telefonaktiebolaget LM Ericsson stock can currently be purchased for approximately $7.05.

Analyst Ratings

Consensus Ratings for Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) (?)
Ratings Breakdown: 12 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $5.83 (17.38% downside)

Analysts' Ratings History for Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/29/2017Cowen and CompanyReiterated RatingMarket Perform$4.00 -> $3.00LowView Rating Details
4/12/2017Credit Suisse Group AGUpgradeUnderperform -> NeutralLowView Rating Details
3/29/2017Sanford C. BernsteinUpgradeMarket Perform -> OutperformMediumView Rating Details
3/17/2017BMO Capital MarketsReiterated RatingMarket PerformLowView Rating Details
3/9/2017Goldman Sachs Group IncUpgradeSell -> Buy$5.70 -> $7.80LowView Rating Details
2/22/2017Bank of America CorpReiterated RatingBuyN/AView Rating Details
1/28/2017Wells Fargo & CoReiterated RatingMarket PerformN/AView Rating Details
1/27/2017Charter EquityUpgradeMkt Underperform -> Mkt PerformN/AView Rating Details
12/15/2016DanskeUpgradeSell -> BuyN/AView Rating Details
10/25/2016JPMorgan Chase & Co.DowngradeOverweight -> NeutralN/AView Rating Details
10/21/2016DNB MarketsDowngradeBuy -> HoldN/AView Rating Details
10/15/2016BNP ParibasReiterated RatingHoldN/AView Rating Details
10/13/2016ArgusReiterated RatingHoldN/AView Rating Details
10/13/2016Canaccord GenuityReiterated RatingHold$7.00 -> $5.50N/AView Rating Details
10/13/2016NatixisDowngradeBuy -> NeutralN/AView Rating Details
10/10/2016Morgan StanleyReiterated RatingNeutralN/AView Rating Details
7/6/2016Barclays PLCUpgradeUnderweight -> Equal WeightN/AView Rating Details
5/3/2016SwedbankDowngradeBuy -> NeutralN/AView Rating Details
2/29/2016Deutsche Bank AGReiterated RatingNeutralN/AView Rating Details
1/5/2016Societe GeneraleDowngradeBuy -> HoldN/AView Rating Details
12/27/2015Royal Bank of CanadaDowngradeHoldN/AView Rating Details
9/25/2015Liberum CapitalUpgradeHold -> BuyN/AView Rating Details
5/29/2015Kepler Capital MarketsReiterated RatingHoldN/AView Rating Details
5/28/2015Citigroup IncUpgradeNeutral -> BuyN/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)
Earnings by Quarter for Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)
Earnings History by Quarter for Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017Q1$0.03($0.27)$47.36 billion$46.40 billionViewN/AView Earnings Details
1/26/2017Q416$0.07$0.07$6.77 billion$65.20 billionViewN/AView Earnings Details
10/21/2016Q316$0.09$0.04$51.74 billion$51.10 billionViewListenView Earnings Details
7/19/2016Q116$0.12$0.10$6.87 billion$6.59 billionViewListenView Earnings Details
4/21/2016Q1$0.13$0.10$54.15 billion$52.20 billionViewListenView Earnings Details
10/23/2015Q315$0.16$0.16$60.50 billion$59.20 billionViewListenView Earnings Details
7/17/2015Q215$0.14$0.18$6.61 billion$60.70 billionViewListenView Earnings Details
4/23/2015Q1$0.13$0.09$53.59 billion$53.50 billionViewN/AView Earnings Details
1/27/2015Q414$0.25$0.20$70.54 billion$68.00 billionViewN/AView Earnings Details
10/24/2014Q314$0.17$0.15$7.95 billion$7.93 billionViewListenView Earnings Details
7/18/2014Q2 2014$0.14$0.16$52.60 billion$54.80 billionViewN/AView Earnings Details
4/23/2014Q1 2014$0.15$0.14$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 Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)
2017 EPS Consensus Estimate: $0.31
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.04$0.04$0.04
Q2 20171$0.07$0.07$0.07
Q3 20171$0.07$0.07$0.07
Q4 20171$0.13$0.13$0.13
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)
Most Recent Dividend:3/31/2017
Annual Dividend:$0.30
Dividend Yield:4.26%
Payout Ratio:428.63% (Trailing 12 Months of Earnings)
90.91% (Based on This Year's Estimates)
75.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)

Dividend History by Quarter for Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/29/2017$0.073/30/20173/31/20173/31/2017
(Data available from 1/1/2013 forward)

Insider Trades

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

Headlines

Headline Trends for Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)
Latest Headlines for Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)
Source:
DateHeadline
finance.yahoo.com logoIt's time to prepare for 5G: Ericsson CTO
finance.yahoo.com - May 23 at 12:07 PM
finance.yahoo.com logoEricsson (ERIC) Rolls Out AT&T FlexWare across the Globe
finance.yahoo.com - May 22 at 11:43 AM
finance.yahoo.com logoGreen flag waves on 5G in Indianapolis
finance.yahoo.com - May 22 at 11:43 AM
americanbankingnews.com logoTelefonaktiebolaget LM Ericsson (ERIC) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - May 19 at 1:42 PM
americanbankingnews.com logoTelefonaktiebolaget LM Ericsson (ERIC) Expected to Post Quarterly Sales of $5.76 Billion
www.americanbankingnews.com - May 17 at 9:22 AM
finance.yahoo.com logoEricsson head of North America steps down suddenly
finance.yahoo.com - May 16 at 5:00 PM
americanbankingnews.com logo$0.06 EPS Expected for Telefonaktiebolaget LM Ericsson (ERIC) This Quarter
www.americanbankingnews.com - May 15 at 8:14 PM
finance.yahoo.com logoEricsson launches 5G dynamic orchestration for virtualised networks
finance.yahoo.com - May 11 at 5:38 PM
finance.yahoo.com logoEricsson announces change in Executive Team
finance.yahoo.com - May 11 at 5:38 PM
nasdaq.com logoEuropean ADRs Edge Higher as Miners Advance
www.nasdaq.com - May 10 at 10:12 PM
finance.yahoo.com logoEricsson's nomination committee appointed
finance.yahoo.com - May 9 at 8:19 AM
americanbankingnews.com logoTelefonaktiebolaget LM Ericsson (ERIC) Receives Daily Media Sentiment Rating of 0.14
www.americanbankingnews.com - May 4 at 7:58 PM
finance.yahoo.com logoWhat Went Wrong for Ericsson?
finance.yahoo.com - May 3 at 4:53 PM
finance.yahoo.com logo​Ericsson shares dip after Moody’s downgrades to junk
finance.yahoo.com - May 3 at 4:53 PM
finance.yahoo.com logoETFs with exposure to LM Ericsson Telefon AB : May 3, 2017
finance.yahoo.com - May 3 at 4:53 PM
finance.yahoo.com logoEricsson resolves on an acquisition offer for C shares for LTV 2017
finance.yahoo.com - May 3 at 8:24 AM
finance.yahoo.com logoTelefonaktiebolaget LM Ericsson -- Moody's downgrades Ericsson to Ba1, outlook stable
finance.yahoo.com - May 3 at 8:24 AM
finance.yahoo.com logoLM Ericsson Telefon AB :ERIC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 2, 2017
finance.yahoo.com - May 2 at 7:49 PM
fool.com logoTelefonaktiebolaget LM Ericsson Shrugs Off Soft Q1 Sales - Motley Fool
www.fool.com - May 1 at 7:27 AM
americanbankingnews.com logoTelefonaktiebolaget LM Ericsson (ERIC) Getting Somewhat Positive News Coverage, Analysis Shows
www.americanbankingnews.com - April 30 at 4:55 PM
americanbankingnews.com logoTelefonaktiebolaget LM Ericsson (ERIC) Rating Reiterated by Cowen and Company
www.americanbankingnews.com - April 29 at 9:57 PM
finance.yahoo.com logoTelefonaktiebolaget LM Ericsson Shrugs Off Soft Q1 Sales
finance.yahoo.com - April 29 at 5:40 PM
americanbankingnews.com logoTelefonaktiebolaget LM Ericsson (ERIC) Earns Daily Media Impact Score of 0.12
www.americanbankingnews.com - April 27 at 10:34 PM
americanbankingnews.com logoTelefonaktiebolaget LM Ericsson (ERIC) Expected to Announce Quarterly Sales of $5.86 Billion
www.americanbankingnews.com - April 27 at 2:13 PM
finance.yahoo.com logo[$$] Ericsson's woes deepen as hit by 11% fall in revenues
finance.yahoo.com - April 26 at 10:39 PM
finance.yahoo.com logoEricsson Annual Report on Form 20-F filed with the SEC
finance.yahoo.com - April 26 at 10:39 PM
americanbankingnews.com logoTelefonaktiebolaget LM Ericsson (ERIC) Announces Quarterly Earnings Results
www.americanbankingnews.com - April 26 at 3:50 PM
finance.yahoo.com logoEricsson reports first quarter results 2017
finance.yahoo.com - April 25 at 11:33 AM
finance.yahoo.com logo[$$] Ericsson Pushed to Hefty Loss by Write-Downs, Restructuring Costs
finance.yahoo.com - April 25 at 11:33 AM
finance.yahoo.com logoEricsson Drops 4% on Surprise Q1 Net Loss; Sees More Restructuring
finance.yahoo.com - April 25 at 11:33 AM
finance.yahoo.com logoSweden's Ericsson faces painful overhaul as it plunges into loss
finance.yahoo.com - April 25 at 11:33 AM
finance.yahoo.com logoEricsson (ERIC) Q1 Deep in the Red, Posts Loss, Sales Shrink
finance.yahoo.com - April 25 at 11:33 AM
americanbankingnews.com logoPositive Media Coverage Very Likely to Impact Telefonaktiebolaget LM Ericsson (ERIC) Stock Price
www.americanbankingnews.com - April 24 at 4:28 PM
americanbankingnews.com logoTelefonaktiebolaget LM Ericsson (ERIC) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 24 at 1:51 PM
fool.com logoAre Telefonaktiebolaget LM Ericsson's Growth Days Over? - Motley Fool
www.fool.com - April 19 at 12:16 PM
finance.yahoo.com logoAre Telefonaktiebolaget LM Ericsson's Growth Days Over?
finance.yahoo.com - April 18 at 4:41 PM
fool.com logoAre Telefonaktiebolaget LM Ericsson's Growth Days Over?
www.fool.com - April 18 at 1:31 PM
americanbankingnews.com logoTelefonaktiebolaget LM Ericsson (ERIC) Receives News Impact Score of 0.50
www.americanbankingnews.com - April 17 at 12:56 PM
americanbankingnews.com logoTelefonaktiebolaget LM Ericsson (ERIC) Short Interest Down 28.2% in March
www.americanbankingnews.com - April 14 at 7:24 AM
americanbankingnews.com logoTelefonaktiebolaget LM Ericsson (ERIC) Stock Rating Upgraded by Credit Suisse Group AG
www.americanbankingnews.com - April 12 at 9:03 AM
finance.yahoo.com logoInvitation to media and analyst calls for Ericsson Q1 2017 report
finance.yahoo.com - April 11 at 12:38 PM
finance.yahoo.com logoHow Cisco, Ericsson, Nokia, and Juniper Performed in 1Q17
finance.yahoo.com - April 7 at 9:38 AM
finance.yahoo.com logoCan Ericsson Rebound in 2017?
finance.yahoo.com - April 7 at 9:38 AM
finance.yahoo.com logoEricsson & Cisco to Fortify Nextel IP Network in Brazil
finance.yahoo.com - April 7 at 9:38 AM
americanbankingnews.com logoTelefonaktiebolaget LM Ericsson (ERIC) Upgraded to "Outperform" at Sanford C. Bernstein
www.americanbankingnews.com - April 4 at 11:26 AM
reuters.com logoBRIEF-Ericsson and Cisco to strengthen Nextel IP network in Brazil
www.reuters.com - April 4 at 3:40 AM
finance.yahoo.com logoEricsson (ERIC) Conducts First 5G Demonstration in Indonesia
finance.yahoo.com - April 3 at 5:00 PM
americanbankingnews.com logoTelefonaktiebolaget LM Ericsson (ERIC) Downgraded by Zacks Investment Research to Sell
www.americanbankingnews.com - April 3 at 12:56 PM
americanbankingnews.com logoTelefonaktiebolaget LM Ericsson (eric) to Issue Dividend of $0.07
www.americanbankingnews.com - March 30 at 8:29 AM
finanznachrichten.de logoEricsson: Ericsson's Annual General Meeting 2017
www.finanznachrichten.de - March 29 at 10:33 PM

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Telefonaktiebolaget LM Ericsson (ERIC) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff