Ericsson Company Profile (NASDAQ:ERIC)

About Ericsson (NASDAQ:ERIC)

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: Communications & Networking
  • Sub-Industry: N/A
  • Symbol: NASDAQ:ERIC
  • CUSIP: N/A
  • Web: www.ericsson.com
Capitalization:
  • Market Cap: $21.13 billion
  • Outstanding Shares: 3,276,003,000
Average Prices:
  • 50 Day Moving Avg: $5.78
  • 200 Day Moving Avg: $6.41
  • 52 Week Range: $4.83 - $7.47
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 28.04
  • P/E Growth: 22.69
Sales & Book Value:
  • Annual Revenue: $26.76 billion
  • Price / Sales: 0.79
  • Book Value: $4.73 per share
  • Price / Book: 1.36
Dividend:
  • Annual Dividend: $0.07
  • Dividend Yield: 1.9%
Profitability:
  • EBITDA: $910.85 million
  • Net Margins: -6.40%
  • Return on Equity: -3.16%
  • Return on Assets: -1.48%
Debt:
  • Debt-to-Equity Ratio: 0.22%
  • Current Ratio: 1.73%
  • Quick Ratio: 1.35%
Misc:
  • Average Volume: 5.05 million shs.
  • Beta: 1.07
  • Short Ratio: 4.33
 

Frequently Asked Questions for Ericsson (NASDAQ:ERIC)

What is Ericsson's stock symbol?

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

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

Ericsson declared 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 Ericsson's Dividend History.

How were Ericsson's earnings last quarter?

Ericsson (NASDAQ:ERIC) announced its quarterly earnings data on Friday, October, 20th. The company reported ($0.06) EPS for the quarter, missing the Zacks' consensus estimate of $0.01 by $0.07. The business earned $47.80 billion during the quarter, compared to the consensus estimate of $47.21 billion. Ericsson had a negative return on equity of 3.16% and a negative net margin of 6.40%. The company's revenue for the quarter was down 6.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.34 EPS. View Ericsson's Earnings History.

When will Ericsson make its next earnings announcement?

Ericsson is scheduled to release their next quarterly earnings announcement on Thursday, January, 25th 2018. View Earnings Estimates for Ericsson.

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

13 brokers have issued 12 month price targets for Ericsson's stock. Their forecasts range from $3.00 to $7.80. On average, they expect Ericsson's stock price to reach $5.34 in the next twelve months. View Analyst Ratings for Ericsson.

Are investors shorting Ericsson?

Ericsson saw a increase in short interest during the month of September. As of September 29th, there was short interest totalling 27,900,979 shares, an increase of 25.6% from the September 15th total of 22,215,786 shares. Based on an average daily trading volume, of 10,788,053 shares, the short-interest ratio is currently 2.6 days.

Who are some of Ericsson's key competitors?

Who are Ericsson's key executives?

Ericsson's management team includes the folowing people:

  • Leif Johansson, Independent Chairman of the Board
  • Borje E. Ekholm, President, Chief Executive Officer, Director
  • Helena Stjernholm, Deputy Chairman of the Board
  • Jacob Wallenberg, Deputy Chairman of the Board
  • Jan Frykhammar, Executive Vice President, Advisor to the Chief Executive Officer
  • Magnus Mandersson, Executive Vice President and Advisor to the Chief Executive Officer
  • Carl Mellander, Senior Vice President, Finance & Common Functions
  • Niklas Heuveldop, Head of Market Area North America, Acting Senior Vice President, Chief Strategy Officer, Head of Technology & Emerging Business
  • Helena Norrman, Senior Vice President, Chief Marketing and Communications Officer and Head of Group Function Marketing and Communications
  • Nina Macpherson, Senior Vice President, Chief Legal Officer, Head of Group Function Legal Affairs, Secretary to the Board of Directors

Who owns Ericsson stock?

Ericsson's stock is owned by many different of institutional and retail investors. Top institutional shareholders include CEVIAN CAPITAL II GP LTD (7.03%) and Eqis Capital Management Inc. (0.00%). View Institutional Ownership Trends for Ericsson.

Who bought Ericsson stock? Who is buying Ericsson stock?

Ericsson's stock was bought by a variety of institutional investors in the last quarter, including Eqis Capital Management Inc.. View Insider Buying and Selling for Ericsson.

How do I buy Ericsson stock?

Shares of 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.

What is Ericsson's stock price today?

One share of Ericsson stock can currently be purchased for approximately $6.45.


MarketBeat Community Rating for Ericsson (NASDAQ ERIC)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  271 (Vote Outperform)
Underperform Votes:  484 (Vote Underperform)
Total Votes:  755
MarketBeat's community ratings are surveys of what our community members think about Ericsson and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ericsson (NASDAQ:ERIC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 6 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.23)
Consensus Price Target: $5.34 (17.21% downside)
Consensus Price Target History for Ericsson (NASDAQ:ERIC)
Price Target History for Ericsson (NASDAQ:ERIC)
Analysts' Ratings History for Ericsson (NASDAQ:ERIC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017BMO Capital MarketsReiterated RatingHold$6.00N/AView Rating Details
10/19/2017Cowen and CompanyDowngradeUnderperformN/AView Rating Details
10/3/2017Credit Suisse GroupDowngradeNeutral -> Underperform$6.00 -> $4.65LowView Rating Details
9/22/2017Canaccord GenuityLower Price TargetHold$6.00 -> $5.25LowView Rating Details
9/21/2017BNP ParibasUpgradeNeutral -> OutperformLowView Rating Details
8/31/2017DanskeDowngradeBuy -> HoldLowView Rating Details
8/26/2017J P Morgan Chase & CoReiterated RatingNeutralLowView Rating Details
6/14/2017Societe GeneraleInitiated CoverageHoldLowView Rating Details
6/8/2017Citigroup Inc.Initiated CoverageBuy -> BuyLowView Rating Details
6/2/2017Bank of America CorporationReiterated RatingBuy -> BuyLowView Rating Details
3/29/2017Sanford C. BernsteinUpgradeMarket Perform -> OutperformMediumView Rating Details
3/9/2017Goldman Sachs Group, Inc. (The)UpgradeSell -> Buy$5.70 -> $7.80LowView Rating Details
1/28/2017Wells Fargo & CompanyReiterated RatingMarket PerformN/AView Rating Details
1/27/2017Charter EquityUpgradeMkt Underperform -> Mkt PerformN/AView Rating Details
10/21/2016DNB MarketsDowngradeBuy -> HoldN/AView Rating Details
10/13/2016ArgusReiterated RatingHoldN/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
12/27/2015Royal Bank Of CanadaDowngradeHoldN/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Ericsson (NASDAQ:ERIC)
Earnings by Quarter for Ericsson (NASDAQ:ERIC)
Earnings History by Quarter for Ericsson (NASDAQ ERIC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/25/2018        
10/20/20179/30/2017$0.01($0.06)$47.21 billion$47.80 billionViewN/AView Earnings Details
7/18/20176/30/2017$0.05$0.02$50.66 billion$49.90 billionViewN/AView Earnings Details
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 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 Ericsson (NASDAQ:ERIC)
Most Recent Dividend:3/31/2017
Annual Dividend:$0.07
Dividend Yield:1.09%
Payout Ratio:-11.48% (Trailing 12 Months of Earnings)
175.00% (Based on This Year's Estimates)
30.43% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ericsson (NASDAQ:ERIC)

Dividend History by Quarter for 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 Ericsson (NASDAQ:ERIC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Ericsson (NASDAQ:ERIC)
Latest Headlines for Ericsson (NASDAQ:ERIC)
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Chart

Ericsson (ERIC) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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