About Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)
Telefonaktiebolaget 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
Industry TELECOMM EQUIP
SectorComputer and Technology
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$23.60 billion
Price / Sales0.91
Cash Flow$0.44 per share
Price / Cash14.58
Book Value$3.52 per share
Price / Book1.82
Return on Equity-11.30%
Return on Assets-4.81%
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 often does Telefonaktiebolaget LM Ericsson pay dividends? What is the dividend yield for Telefonaktiebolaget LM Ericsson?
Telefonaktiebolaget LM Ericsson declared a dividend on Wednesday, March 29th. Investors 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) announced its quarterly earnings data on Wednesday, January, 31st. The communications equipment provider reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.04 by $0.18. The communications equipment provider had revenue of $57.20 billion for the quarter, compared to the consensus estimate of $58.24 billion. Telefonaktiebolaget LM Ericsson had a negative net margin of 17.57% and a negative return on equity of 11.30%. The business's revenue was down 12.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.62 earnings per share. View Telefonaktiebolaget LM Ericsson's Earnings History.
When will Telefonaktiebolaget LM Ericsson make its next earnings announcement?
Where is Telefonaktiebolaget LM Ericsson's stock going? Where will Telefonaktiebolaget LM Ericsson's stock price be in 2018?
11 analysts have issued 12-month target prices for Telefonaktiebolaget LM Ericsson's shares. Their forecasts range from $3.00 to $6.00. On average, they anticipate Telefonaktiebolaget LM Ericsson's stock price to reach $4.91 in the next year. View Analyst Ratings for Telefonaktiebolaget LM Ericsson.
What are Wall Street 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 has a dreadful earnings history – with massive, consecutive earnings misses over the trailing four quarters. The company’s recent earnings have been dragged by low investments in mobile broadband and weak demand, huge restructuring expenses and rising R&D expenses. Ericsson is struggling amid challenging market conditions and all-pervasive demand weakness. Soft mobile broadband market and shrinking network sales are hurting revenues badly. Over the past year, Ericsson’s shares have significantly underperformed the industry’s average gain. However, Ericsson has detected signs of improvement and increased stability in product roadmaps and projects. The company plans to invest in R&D to fortify Networks business and intends to stabilize IT & Cloud roadmaps. Ericsson has prioritized three areas of growth -- core business, targeted investments and cost & efficiency." (3/20/2018)
- 2. Canaccord Genuity analysts commented, "KMB printed a low-quality 3Q EPS beat ($1.60 vs. $1.54), incl. modest org sales growth (low end of flat/+1% mkt expectations, +1.7% Street), a GM % miss, and $0.08 from other inc./lower taxes. KMB maintained its (ambitious) FY17 org sales guide of flat/up modestly and EPS guide at low-end of $6.20-$6.35 range (Street $6.20)." (10/23/2017)
Are investors shorting Telefonaktiebolaget LM Ericsson?
Telefonaktiebolaget LM Ericsson saw a increase in short interest during the month of February. As of February 28th, there was short interest totalling 30,295,800 shares, an increase of 0.8% from the February 15th total of 30,061,911 shares. Based on an average daily volume of 4,327,673 shares, the days-to-cover ratio is presently 7.0 days.
Who are some of Telefonaktiebolaget LM Ericsson's key competitors?
Some companies that are related to Telefonaktiebolaget LM Ericsson include Nokia (NOK), Corning (GLW), Arista Networks (ANET), Skyworks Solutions (SWKS), SBA Communications (SBAC), Harris (HRS), Motorola Solutions (MSI), ZTE (ZTCOY), Altice USA (ATUS), Marvell Technology Group (MRVL), Qorvo (QRVO), Zayo Group (ZAYO), Juniper Networks (JNPR), Commscope (COMM), Cypress Semiconductor (CY), Ubiquiti Networks (UBNT), ARRIS International (ARRS) and ViaSat (VSAT).
Who are Telefonaktiebolaget LM Ericsson's key executives?
Telefonaktiebolaget LM Ericsson's management team includes the folowing people:
- Leif Johansson, Independent Chairman of the Board (Age 67)
- Borje E. Ekholm, President, Chief Executive Officer, Director (Age 55)
- Helena Stjernholm, Deputy Chairman of the Board (Age 48)
- Jacob Wallenberg, Deputy Chairman of the Board (Age 62)
- Carl Mellander, Senior Vice President, Chief Financial Officer and Head of Group Function Finance & Common Functions (Age 54)
- MajBritt Arfert, Senior Vice President, Chief Human Resources Officer and Head of Group Function Human Resources (Age 55)
- Fredrik Jejdling, Executive Vice President, Head of Business Area Networks (Age 49)
- Niklas Heuveldop, Senior Vice President, Head of Market Area North America and Acting Chief Strategy Officer, Head of Technology & Emerging Business (Age 50)
- Helena Norrman, Senior Vice President, Chief Marketing and Communications Officer and Head of Marketing & Corporate Relations (Age 48)
- Nina Macpherson, Senior Vice President, Chief Legal Officer, Head of Group Function Legal Affairs, Secretary to the Board of Directors (Age 60)
Has Telefonaktiebolaget LM Ericsson been receiving favorable news coverage?
News articles about ERIC stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Telefonaktiebolaget LM Ericsson earned a media sentiment score of 0.19 on Accern's scale. They also assigned media coverage about the communications equipment provider an impact score of 46.01 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
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
CEVIAN CAPITAL II GP LTD
(9.06%), Brandes Investment Partners LP (0.20%), 13D Management LLC (0.05%), Sei Investments Co. (0.04%), Arrowstreet Capital Limited Partnership (0.03%) and Deutsche Bank AG (0.02%). View Institutional Ownership Trends for Telefonaktiebolaget LM Ericsson.
Which major investors are selling Telefonaktiebolaget LM Ericsson stock?
ERIC stock was sold by a variety of institutional investors in the last quarter, including NWQ Investment Management Company LLC, Sei Investments Co., Brandes Investment Partners LP, Snow Capital Management LP, Two Sigma Advisers LP, Envestnet Asset Management Inc., Fisher Asset Management LLC and Profund Advisors LLC. View Insider Buying and Selling for Telefonaktiebolaget LM Ericsson.
Which major investors are buying Telefonaktiebolaget LM Ericsson stock?
ERIC stock was acquired by a variety of institutional investors in the last quarter, including 13D Management LLC, Arrowstreet Capital Limited Partnership, The Manufacturers Life Insurance Company , Deutsche Bank AG, Two Sigma Investments LP, Dynamic Capital Management Ltd, Eqis Capital Management Inc. and Investors Research Corp. View Insider Buying and Selling for Telefonaktiebolaget LM Ericsson.
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 $6.41.
How big of a company is Telefonaktiebolaget LM Ericsson?
Telefonaktiebolaget LM Ericsson has a market capitalization of $22.01 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 ($1.24) on an earnings per share basis. Telefonaktiebolaget LM Ericsson employs 111,464 workers across the globe.
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 (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 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.
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||1.91||2.00||2.15||2.29|
|Ratings Breakdown: ||3 Sell Rating(s)|
6 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|3 Sell Rating(s)|
6 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
7 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
12 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$4.91||$5.49||$5.59||$5.76|
|Price Target Upside: ||23.36% downside||18.18% downside||16.07% downside||1.45% upside|
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Consensus Price Target History
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Analyst Ratings History
(Data available from 3/23/2016 forward)
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Earnings History and Estimates Chart
Telefonaktiebolaget LM Ericsson (NASDAQ ERIC) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/24/2018|| || || || || || || || |
|1/31/2018||n/a||$0.04||($0.14)||$58.24 billion||$57.20 billion||View||Listen|
|10/20/2017||9/30/2017||$0.01||($0.06)||$47.21 billion||$47.80 billion||View||N/A|
|7/18/2017||6/30/2017||$0.05||$0.02||$50.66 billion||$49.90 billion||View||N/A|
|4/25/2017||Q1||$0.03||($0.27)||$47.36 billion||$46.40 billion||View||N/A|
|1/26/2017||Q416||$0.07||$0.07||$6.77 billion||$65.20 billion||View||N/A|
|10/21/2016||Q316||$0.09||$0.04||$51.74 billion||$51.10 billion||View||Listen|
|7/19/2016||Q116||$0.12||$0.10||$6.87 billion||$6.59 billion||View||Listen|
|4/21/2016||Q1||$0.13||$0.10||$54.15 billion||$52.20 billion||View||Listen|
|1/27/2016||Q4 2015||$0.26||$0.30||$8.95 billion||$8.66 billion||View||N/A|
|10/23/2015||Q315||$0.16||$0.16||$60.50 billion||$59.20 billion||View||Listen|
|7/17/2015||Q215||$0.14||$0.18||$6.61 billion||$60.70 billion||View||Listen|
|4/23/2015||Q1||$0.13||$0.09||$53.59 billion||$53.50 billion||View||N/A|
|1/27/2015||Q414||$0.25||$0.20||$70.54 billion||$68.00 billion||View||N/A|
|10/24/2014||Q314||$0.17||$0.15||$7.95 billion||$7.93 billion||View||Listen|
|7/18/2014||Q2 2014||$0.14||$0.16||$52.60 billion||$54.80 billion||View||N/A|
|4/23/2014||Q1 2014||$0.15||$0.14||$51.40 billion||$47.50 billion||View||N/A|
|1/31/2014||Q413||$0.25||$0.38||$10.09 billion||$10.30 billion||View||N/A|
|10/24/2013||$1.22||$1.31||$54.62 billion||$53.00 billion||View||N/A|
|7/18/2013||Q213||$1.16||$0.88||$8.54 billion||$55.30 billion||View||N/A|
|4/24/2013||$0.93||$0.99||$53.05 billion||$52.00 billion||View||N/A|
|1/31/2013||Q412||$1.20||$0.36||$63.70 billion||$66.90 billion||View||N/A|
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Earnings Estimates
Current Year EPS Consensus Estimate: $0.03 EPS
Next Year EPS Consensus Estimate: $0.21 EPS
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Dividend Information
|Most Recent Dividend:||3/31/2017|
|Payout Ratio:||-5.65% (Trailing 12 Months of Earnings) |
233.33% (Based on This Year's Estimates)
33.33% (Based on Next Year's Estimates)
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Telefonaktiebolaget LM Ericsson (NASDAQ ERIC)
No insider trades for this company have been tracked by MarketBeat.com
Telefonaktiebolaget LM Ericsson (NASDAQ ERIC) News Headlines
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) SEC Filings
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Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Income Statement, Balance Sheet and Cash Flow Statement
Telefonaktiebolaget LM Ericsson (NASDAQ ERIC) Stock Chart for Friday, March, 23, 2018