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 - NEC
  • Sub-Industry: N/A
  • Symbol: NASDAQ:ERIC
  • CUSIP: N/A
  • Web: www.ericsson.com
Average Prices:
  • 52 Week Range: $4.83 - $7.55
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 19.73
  • P/E Growth: 0.00
Dividend:
  • Annual Dividend: $0.07
  • Dividend Yield: 1.1%
Profitability:
  • 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: 5.19 million shs.
  • Beta: 1.04
 

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. Investors of record on Friday, March 31st will be paid 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) issued its quarterly earnings data on Tuesday, July, 18th. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.05 by $0.03. The firm had revenue of $49.90 billion for the quarter, compared to analysts' expectations of $50.66 billion. Ericsson had a negative return on equity of 3.16% and a negative net margin of 6.40%. Ericsson's revenue for the quarter was down 7.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.83 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 Friday, October, 20th 2017. View Earnings Estimates for Ericsson.

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

17 brokers have issued 12 month target prices for Ericsson's shares. Their forecasts range from $3.00 to $7.80. On average, they anticipate Ericsson's stock price to reach $5.95 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 July. As of July 31st, there was short interest totalling 28,592,372 shares, an increase of 77.0% from the July 14th total of 16,156,229 shares. Based on an average trading volume of 9,466,771 shares, the days-to-cover ratio is currently 3.0 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, Senior Vice President, Chief Strategy Officer, Head of Technology & Emerging Business at Ericsson, Acting Head of Market Area North America
  • 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 a number of of institutional and retail investors. Top institutional shareholders include CEVIAN CAPITAL II GP LTD (7.03%), CEVIAN CAPITAL II GP LTD (6.03%), CEVIAN CAPITAL II GP LTD (5.57%), CEVIAN CAPITAL II GP LTD (5.57%), Hotchkis & Wiley Capital Management LLC (2.80%) and Brandes Investment Partners LP (0.33%). View Institutional Ownership Trends for Ericsson.

Who sold Ericsson stock? Who is selling Ericsson stock?

Ericsson's stock was sold by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, Royal Bank of Canada, First Trust Advisors LP, Freestone Capital Holdings LLC, Timber Hill LLC, Dimensional Fund Advisors LP, Earnest Partners LLC and Dodge & Cox. View Insider Buying and Selling for Ericsson.

Who bought Ericsson stock? Who is buying Ericsson stock?

Ericsson's stock was acquired by a variety of institutional investors in the last quarter, including Westfield Capital Management Co. LP, Sei Investments Co., Folketrygdfondet, JPMorgan Chase & Co., Ulysses Management LLC, Ameriprise Financial Inc., OLD Mission Capital LLC and FMR LLC. 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 $5.92.


MarketBeat Community Rating for Ericsson (NASDAQ ERIC)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  250 (Vote Outperform)
Underperform Votes:  445 (Vote Underperform)
Total Votes:  695
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: 12 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $5.95 (0.51% upside)

Analysts' Ratings History for Ericsson (NASDAQ:ERIC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/18/2017Canaccord GenuityReiterated RatingHold$6.00MediumView Rating Details
7/18/2017J P Morgan Chase & CoReiterated RatingHoldLowView 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
4/29/2017Cowen and CompanyReiterated RatingMarket Perform$4.00 -> $3.00LowView Rating Details
4/12/2017Credit Suisse GroupUpgradeUnderperform -> 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, 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
12/15/2016DanskeUpgradeSell -> BuyN/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
10/13/2016NatixisDowngradeBuy -> 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
9/25/2015Liberum CapitalUpgradeHold -> BuyN/AView Rating Details
(Data available from 8/22/2015 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
10/20/2017        
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:1.18%
Payout Ratio:-15.22% (Trailing 12 Months of Earnings)
233.33% (Based on This Year's Estimates)
23.33% (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)
Source:
DateHeadline
prnewswire.com logoVerizon, Ericsson, and Qualcomm eclipse previous record with Gigabit LTE ...
www.prnewswire.com - August 21 at 10:58 PM
bizjournals.com logoVerizon, Ericsson, and Qualcomm eclipse previous record with Gigabit LTE speeds reaching 1.07 Gbps in lab trial
www.bizjournals.com - August 21 at 5:55 PM
americanbankingnews.com logoEricsson (ERIC) Expected to Announce Quarterly Sales of $5.60 Billion
www.americanbankingnews.com - August 19 at 3:28 AM
finance.yahoo.com logoEricsson (ERIC) Plans Massive Layoffs to Streamline Costs
finance.yahoo.com - August 18 at 6:18 PM
msn.com logoStruggling Ericsson not ruling out UK job cuts in cost-reduction plan
www.msn.com - August 18 at 5:42 AM
bizjournals.com logoThe sale that changed everything for Ericsson and CTO Arun Bhikshesvaran - Dallas Business Journal
www.bizjournals.com - August 17 at 7:39 PM
marketwatch.com logoEricsson sues Wiko for patent infringement - MarketWatch
www.marketwatch.com - August 17 at 7:39 PM
reuters.com logoEricsson could shed 25000 jobs in cost-cutting drive: report - Reuters
www.reuters.com - August 17 at 7:39 PM
finance.yahoo.com logoEricsson could shed 25,000 jobs in cost-cutting drive: report
finance.yahoo.com - August 17 at 7:39 PM
finance.yahoo.com logoEricsson sues smartphone maker Wiko over patent infringement
finance.yahoo.com - August 17 at 7:39 PM
finance.yahoo.com logo[$$] Ericsson Sues Wiko for Patent Infringement
finance.yahoo.com - August 17 at 7:39 PM
finance.yahoo.com logoThe sale that changed everything for Ericsson and CTO Arun Bhikshesvaran
finance.yahoo.com - August 16 at 4:17 PM
finance.yahoo.com logoETFs with exposure to LM Ericsson Telefon AB : August 14, 2017
finance.yahoo.com - August 14 at 6:43 PM
americanbankingnews.com logoEricsson (ERIC) Downgraded to Hold at BidaskClub
www.americanbankingnews.com - August 12 at 2:22 PM
americanbankingnews.com logoEricsson (NASDAQ:ERIC) Short Interest Update
www.americanbankingnews.com - August 11 at 8:26 AM
nasdaq.com logoEricsson is Now Oversold (ERIC)
www.nasdaq.com - August 10 at 7:40 PM
finance.yahoo.com logoFrancisco Partners Completes Investment in Ericsson's iconectiv Business
finance.yahoo.com - August 10 at 7:40 PM
americanbankingnews.com logoEricsson (ERIC) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - August 4 at 8:18 AM
finance.yahoo.com logoETFs with exposure to LM Ericsson Telefon AB : August 4, 2017
finance.yahoo.com - August 4 at 1:27 AM
prnewswire.com logoVerizon, Ericsson, and Qualcomm reach superfast 953 MBPS wireless speed in a dynamic, real-world environment deployment
www.prnewswire.com - August 2 at 7:17 PM
businesswire.com logoGlobal Next-generation Mobile Backhaul Networks Market 2017-2021: Key Vendors are Cisco Systems, Ericsson, Huawei Technologies, Nokia & ZTE - Research and Markets
www.businesswire.com - August 2 at 5:02 AM
businesswire.com logoADDING MULTIMEDIA Ericsson Optimizing Workplace with Senion’s StepInside ® Indoor Positioning System
www.businesswire.com - August 1 at 6:58 PM
finance.yahoo.com logoWhat Just Happened to Ericsson’s Stock Price?
finance.yahoo.com - August 1 at 6:58 PM
usatoday.com logoTennis Channel Court Report: Latest ATP, WTA champions
www.usatoday.com - July 30 at 10:18 PM
americanbankingnews.com logoEricsson (ERIC) Expected to Post Earnings of $0.02 Per Share
www.americanbankingnews.com - July 30 at 12:21 PM
seekingalpha.com logoReport: Ericsson stakeholders eye Assa Abloy chief as CEO
seekingalpha.com - July 24 at 7:30 PM
finance.yahoo.com logoLook Past Ericsson's Rough Near Term
finance.yahoo.com - July 24 at 10:00 AM
nasdaq.com logoWeak RAN Market And Additional Costs Can Weigh On Ericsson's Results Going Forward - Nasdaq
www.nasdaq.com - July 21 at 9:47 PM
barrons.com logoNokia: Ericsson Results Don't Bode Well - Barron's
www.barrons.com - July 21 at 9:47 PM
finance.yahoo.com logoLM Ericsson Telefon AB :ERIC-US: Earnings Analysis: Q2, 2017 By the Numbers : July 21, 2017
finance.yahoo.com - July 21 at 9:47 PM
reuters.com logoEurope slides on Ericsson slump, souring bank mood - Reuters
www.reuters.com - July 20 at 3:54 PM
seekingalpha.com logoEricsson: What Took It So Long?
seekingalpha.com - July 19 at 4:51 PM
finance.yahoo.com logo[$$] Nokia: Ericsson Results Don't Bode Well
finance.yahoo.com - July 19 at 4:50 PM
barrons.com logoEricsson CEO Ekholm: ‘The Real Execution Starts Now’
www.barrons.com - July 19 at 1:19 AM
finance.yahoo.com logoEricsson CEO Ekholm: 'The Real Execution Starts Now'
finance.yahoo.com - July 19 at 1:18 AM
reuters.com logoEricsson posts bigger loss than expected in Q2 - Reuters
www.reuters.com - July 18 at 8:18 PM
nasdaq.com logoEurope slides on Ericsson slump, souring bank mood - Nasdaq
www.nasdaq.com - July 18 at 8:18 PM
nasdaq.com logoOversold Conditions For Ericsson (ERIC) - Nasdaq.com - Nasdaq
www.nasdaq.com - July 18 at 8:18 PM
benzinga.com logoMid-Afternoon Market Update: Netflix Gains Following Q2 Results; Ericsson Shares Plummet - Benzinga
www.benzinga.com - July 18 at 8:18 PM
fool.com logoWhy Telefonaktiebolaget LM Ericsson Stock Plunged Today
www.fool.com - July 18 at 8:16 PM
americanbankingnews.com logoEricsson (NASDAQ:ERIC) Stock Rating Reaffirmed by J P Morgan Chase & Co
www.americanbankingnews.com - July 18 at 5:31 PM
investorplace.com logoWhy Harley-Davidson Inc (HOG), Tile Shop Hldgs, Inc. (TTS) and Telefonaktiebolaget LM Ericsson (ERIC) Are 3 of Today’s Worst Stocks
investorplace.com - July 18 at 5:16 PM
investorplace.com logoWhy Harley-Davidson Inc (HOG), Tile Shop Hldgs, Inc. (TTS) and Telefonaktiebolaget LM Ericsson (ERIC) Are 3 of Today’s Worst Stocks
investorplace.com - July 18 at 5:13 PM
americanbankingnews.com logoCanaccord Genuity Reiterates Hold Rating for Ericsson (ERIC)
www.americanbankingnews.com - July 18 at 4:17 PM
ft.com logoEricsson warns on shrinking telecoms equipment market
www.ft.com - July 18 at 3:16 PM
cnbc.com logoEuropean stocks close lower on stalled US health-care reform; Ericsson down 15%; IG Group up 16%
www.cnbc.com - July 18 at 3:16 PM
wsj.com logoEricsson Steps Up Efficiency Plans as Sales Decline
www.wsj.com - July 18 at 3:16 PM
msn.com logoEricsson second quarter performance was impacted by lower software sales: Pro
www.msn.com - July 18 at 3:16 PM
bloomberg.com logoEricsson Gets a Big Kick in the Pants
www.bloomberg.com - July 18 at 3:16 PM
reuters.com logoEricsson posts bigger loss than expected in Q2
www.reuters.com - July 18 at 3:16 PM

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Chart

Ericsson (ERIC) Chart for Tuesday, August, 22, 2017

This page was last updated on 8/22/2017 by MarketBeat.com Staff