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.
Industry, Sector and Symbol
Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
Phone46-1-071-900-00
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$24.28 billion
Profitability
Miscellaneous
Employees100,735
Next Earnings Date4/17/2019 (Confirmed)
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) issued its earnings results on Friday, January, 25th. The communications equipment provider reported ($0.09) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.13 by $0.22. The communications equipment provider earned $63.80 billion during the quarter, compared to analyst estimates of $61.50 billion. Telefonaktiebolaget LM Ericsson had a negative net margin of 2.91% and a positive return on equity of 1.29%. The company's revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period in the prior year, the business posted ($1.19) EPS. View Telefonaktiebolaget LM Ericsson's Earnings History.
When is Telefonaktiebolaget LM Ericsson's next earnings date?
What price target have analysts set for ERIC?
10 equities research analysts have issued 1 year target prices for Telefonaktiebolaget LM Ericsson's shares. Their forecasts range from $7.00 to $9.00. On average, they expect Telefonaktiebolaget LM Ericsson's stock price to reach $8.1750 in the next twelve months. 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?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Telefonaktiebolaget LM Ericsson in the last year. There are currently 7 hold ratings and 3 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?
Media stories about ERIC stock have trended negative recently, according to InfoTrie. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Telefonaktiebolaget LM Ericsson earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave media stories about the communications equipment provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term.
Are investors shorting Telefonaktiebolaget LM Ericsson?
Telefonaktiebolaget LM Ericsson saw a decline in short interest in the month of March. As of March 15th, there was short interest totalling 6,761,010 shares, a decline of 33.5% from the February 28th total of 10,172,666 shares. Based on an average daily volume of 4,077,242 shares, the days-to-cover ratio is currently 1.7 days. View Telefonaktiebolaget LM Ericsson's Current Options Chain.
Who are some of Telefonaktiebolaget LM Ericsson's key competitors?
Some companies that are related to Telefonaktiebolaget LM Ericsson include NTT Docomo (DCMYY), QUALCOMM (QCOM), Nokia Oyj (NOK), Motorola Solutions (MSI), L3 Technologies (LLL), Ubiquiti Networks (UBNT), ARRIS International (ARRS), ViaSat (VSAT), Commscope (COMM), Echostar (SATS), 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?
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 Officer
- Mr. Erik Ekudden, Group CTO & SVP and Head of Technology & Architecture
- 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 a number of of institutional and retail investors. Top institutional shareholders include Millennium Management LLC (0.17%), FMR LLC (0.15%), Cavalry Management Group LLC (0.14%), Northern Trust Corp (0.09%), Tairen Capital Ltd (0.08%) and Bank of America Corp DE (0.07%).
Which institutional investors are selling Telefonaktiebolaget LM Ericsson stock?
ERIC stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Masters Capital Management LLC, Ulysses Management LLC, Ulysses Management LLC, Northern Trust Corp, Natixis Advisors L.P. and Chesapeake Asset Management 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 Millennium Management LLC, Cavalry Management Group LLC, Tairen Capital Ltd, FMR LLC, Bank of America Corp DE, Apertura Capital LLC, Mondrian Capital Management LLC 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 $9.30.
How big of a company is Telefonaktiebolaget LM Ericsson?
Telefonaktiebolaget LM Ericsson has a market capitalization of $31.01 billion and generates $24.28 billion in revenue each year. The communications equipment provider earns $-752,010,000.00 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?
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)
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.
