NASDAQ:ERIC - Telefonaktiebolaget LM Ericsson Stock Price, News, & Analysis

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$9.30 -0.06 (-0.64 %)
(As of 10/23/2018 06:17 AM ET)
Previous Close$9.36
Today's Range$9.23 - $9.36
52-Week Range$5.84 - $9.45
Volume10.98 million shs
Average Volume6.36 million shs
Market Capitalization$31.21 billion
P/E RatioN/A
Dividend Yield0.79%
Beta0.77
Telefonaktiebolaget LM Ericsson (publ) provides information and communications technology solutions for networks, IT and cloud, and media markets worldwide. It operates through four segments: Networks, Digital Services, Managed Services, 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 operations support systems and business support systems; packet core and communication; network functions virtualization and cloud infrastructure; application development and modernization; and consulting services. The Managed Services segment provides vendor agnostic services, including networks and IT managed, and network design and optimization services to manage service provider's networks. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:ERIC
CUSIPN/A
Phone46-1-071-900-00

Debt

Debt-to-Equity Ratio0.33
Current Ratio1.52
Quick Ratio1.22

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$23.60 billion
Price / Sales1.31
Cash Flow$0.2787 per share
Price / Cash33.37
Book Value$3.52 per share
Price / Book2.64

Profitability

EPS (Most Recent Fiscal Year)($0.47)
Net Income$-4,129,660,000.00
Net Margins-9.26%
Return on Equity-0.43%
Return on Assets-0.16%

Miscellaneous

Employees100,735
Outstanding Shares3,334,150,000
Market Cap$31.21 billion

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) issued its quarterly earnings data on Tuesday, July, 19th. The communications equipment provider reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.12 by $0.02. The communications equipment provider had revenue of $6.59 billion for the quarter, compared to the consensus estimate of $6.87 billion. Telefonaktiebolaget LM Ericsson had a negative net margin of 9.26% and a negative return on equity of 0.43%. 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, January 30th 2019. View Earnings Estimates for Telefonaktiebolaget LM Ericsson.

What price target have analysts set for ERIC?

11 Wall Street analysts have issued 1 year price targets for Telefonaktiebolaget LM Ericsson's stock. Their predictions range from $7.00 to $9.00. On average, they expect Telefonaktiebolaget LM Ericsson's stock price to reach $8.1750 in the next year. This suggests that the stock has a possible downside of 12.1%. View Analyst Price Targets for Telefonaktiebolaget LM Ericsson.

What is the consensus analysts' recommendation for Telefonaktiebolaget LM Ericsson?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Telefonaktiebolaget LM Ericsson in the last year. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Telefonaktiebolaget LM Ericsson.

Are investors shorting Telefonaktiebolaget LM Ericsson?

Telefonaktiebolaget LM Ericsson saw a decrease in short interest during the month of September. As of September 28th, there was short interest totalling 14,295,255 shares, a decrease of 12.7% from the September 14th total of 16,382,440 shares. Based on an average daily volume of 2,990,215 shares, the short-interest ratio is presently 4.8 days. View Telefonaktiebolaget LM Ericsson's Current Options Chain.

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

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 55)
  • Mr. Carl Mellander, Sr. VP, CFO and Head of Group Function Fin. & Common Functions (Age 54)
  • Ms. Eva-Britt Allenius, Chief Accounting Officer
  • Mr. Erik Ekudden, Group CTO & SVP and Head of Technology & Architecture
  • Mr. Peter Nyquist, VP & Head of Investor Relations (Age 53)

Who are Telefonaktiebolaget LM Ericsson's major shareholders?

Telefonaktiebolaget LM Ericsson's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include World Asset Management Inc (0.00%), Bank of Montreal Can (0.00%), Seven Eight Capital LP (0.00%) and Atria Investments LLC (0.00%).

Which institutional investors are selling Telefonaktiebolaget LM Ericsson stock?

ERIC stock was sold by a variety of institutional investors in the last quarter, including Seven Eight Capital LP, World Asset Management Inc and Atria Investments LLC.

Which institutional investors are buying Telefonaktiebolaget LM Ericsson stock?

ERIC stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can.

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 $9.30.

How big of a company is Telefonaktiebolaget LM Ericsson?

Telefonaktiebolaget LM Ericsson has a market capitalization of $31.21 billion and generates $23.60 billion in revenue each year. The communications equipment provider earns $-4,129,660,000.00 in net income (profit) each year or ($0.47) 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 (star star)
Outperform Votes:  441 (Vote Outperform)
Underperform Votes:  664 (Vote Underperform)
Total Votes:  1,105
MarketBeat'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 10/23/2018 by MarketBeat.com Staff

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