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
Average Prices:
  • 52 Week Range: $4.83 - $7.47
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 17.21
  • P/E Growth: 0.00
Dividend:
  • Annual Dividend: $0.07
  • Dividend Yield: 2.0%
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: 4.13 million shs.
  • Beta: 1.06
 

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. Stockholders 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) posted its quarterly earnings results on Tuesday, July, 18th. The company reported $0.02 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.05 by $0.03. The business 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%. The business's revenue was down 7.8% on a year-over-year basis. During the same quarter last 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 analysts have issued 12-month target prices for Ericsson's stock. Their predictions range from $3.00 to $7.80. On average, they anticipate Ericsson's share price to reach $5.76 in the next twelve months. View Analyst Ratings for Ericsson.

Are investors shorting Ericsson?

Ericsson saw a decline in short interest during the month of August. As of August 31st, there was short interest totalling 24,055,810 shares, a decline of 4.4% from the August 15th total of 25,168,532 shares. Based on an average trading volume of 2,416,578 shares, the short-interest ratio is currently 10.0 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 many different of retail and institutional investors. Top institutional investors include CEVIAN CAPITAL II GP LTD (7.03%), Hotchkis & Wiley Capital Management LLC (2.80%), Brandes Investment Partners LP (0.33%), Folketrygdfondet (0.26%), Parametric Portfolio Associates LLC (0.10%) and Sei Investments Co. (0.00%). 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 bought 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 $5.68.


MarketBeat Community Rating for Ericsson (NASDAQ ERIC)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  263 (Vote Outperform)
Underperform Votes:  468 (Vote Underperform)
Total Votes:  731
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: $5.76 (1.45% upside)

Analysts' Ratings History for Ericsson (NASDAQ:ERIC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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
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
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
9/25/2015Liberum CapitalUpgradeHold -> BuyN/AView Rating Details
(Data available from 9/24/2015 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$0.03N/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:1.23%
Payout Ratio:-15.22% (Trailing 12 Months of Earnings)
30.43% (Based on This Year's Estimates)
21.21% (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
americanbankingnews.com logoEricsson (ERIC) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - September 23 at 2:44 AM
americanbankingnews.com logoCanaccord Genuity Lowers Ericsson (ERIC) Price Target to $5.25
www.americanbankingnews.com - September 22 at 3:14 PM
seekingalpha.com logoEricsson -1.1% as Carnegie cuts to Sell - Seeking Alpha
seekingalpha.com - September 22 at 8:26 AM
americanbankingnews.com logoEricsson (ERIC) Upgraded to Outperform at BNP Paribas
www.americanbankingnews.com - September 21 at 7:35 PM
nasdaq.com logoEricsson (ERIC) Synchronizes Live Streaming with Net Insight ... - Nasdaq
www.nasdaq.com - September 18 at 6:14 PM
finance.yahoo.com logoEricsson (ERIC) Synchronizes Live Streaming with Net Insight
finance.yahoo.com - September 18 at 6:14 PM
msn.com logoEricsson grid penalty following FP3 crash
www.msn.com - September 17 at 5:45 PM
americanbankingnews.com logoEricsson (ERIC) & Its Rivals Financial Contrast
www.americanbankingnews.com - September 16 at 10:20 PM
msn.com logoEricsson set for grid penalty after FP3 crash
www.msn.com - September 16 at 5:47 PM
americanbankingnews.com logoContrasting Ericsson (ERIC) & West Corporation (WSTC)
www.americanbankingnews.com - September 16 at 6:14 AM
finance.yahoo.com logoReliance Communications' shares, bonds fall after Ericsson's insolvency petition
finance.yahoo.com - September 15 at 11:56 PM
finance.yahoo.com logoEricsson and Net Insight synchronize live streaming
finance.yahoo.com - September 15 at 5:02 AM
americanbankingnews.com logoEricsson (ERIC) Sees Large Decrease in Short Interest
www.americanbankingnews.com - September 15 at 1:02 AM
finance.yahoo.com logoEricsson files insolvency case against India's Reliance Comms
finance.yahoo.com - September 14 at 6:59 PM
finance.yahoo.com logoEricsson Inks Deal to Fortify Content Discovery Business
finance.yahoo.com - September 14 at 6:59 PM
finance.yahoo.com logoZixi Welcomes Ericsson as its Newest Integration Partner
finance.yahoo.com - September 13 at 7:46 PM
prnewswire.com logoVerizon and Ericsson Showcase Technology Milestones and Use Cases Demonstrating Continued Industry ... - PR Newswire (press release)
www.prnewswire.com - September 13 at 5:16 AM
businesswire.com logoSprint and Ericsson Conduct First U.S. Field Tests for 2.5 GHz ... - Business Wire (press release)
www.businesswire.com - September 13 at 5:15 AM
prnewswire.com logoEricsson Announces Changes to Executive Team - PR Newswire - PR Newswire (press release)
www.prnewswire.com - September 13 at 5:15 AM
finance.yahoo.com logoEricsson Announces Changes to Executive Team
finance.yahoo.com - September 12 at 7:10 PM
finance.yahoo.com logoSprint and Ericsson Conduct First U.S. Field Tests for 2.5 GHz Massive MIMO
finance.yahoo.com - September 12 at 7:10 PM
finance.yahoo.com logoEricsson has a new head of North America
finance.yahoo.com - September 12 at 7:10 PM
seekingalpha.com logoEricsson gives Heuveldop helm of North American market
seekingalpha.com - September 12 at 2:47 PM
prnewswire.com logoTechnical Reports on Communication Equipment Equities -- Ericsson, Infinera ...
www.prnewswire.com - September 11 at 11:57 PM
americanbankingnews.com logo Brokerages Anticipate Ericsson (ERIC) Will Post Quarterly Sales of $5.71 Billion
www.americanbankingnews.com - September 10 at 3:48 AM
americanbankingnews.com logo$0.03 Earnings Per Share Expected for Ericsson (ERIC) This Quarter
www.americanbankingnews.com - September 8 at 6:08 PM
msn.com logoEricsson developing autonomous vehicle software cloud platform
www.msn.com - September 7 at 11:33 PM
businesswire.com logoZenuity to Launch Zenuity Connected Cloud, a Platform for Self-Driving Cars, Powered by Ericsson
www.businesswire.com - September 7 at 6:29 PM
americanbankingnews.com logo Analysts Expect Ericsson (ERIC) Will Post Quarterly Sales of $5.71 Billion
www.americanbankingnews.com - September 7 at 4:34 PM
americanbankingnews.com logoEricsson (ERIC) Expected to Announce Earnings of $0.03 Per Share
www.americanbankingnews.com - September 5 at 4:08 AM
msn.com logoEricsson trials Cat-M1 IoT network in Africa
www.msn.com - September 5 at 3:59 AM
msn.com logoEricsson unveils small cell solutions
www.msn.com - September 1 at 4:23 AM
seekingalpha.com logoEricsson dips as Danske Bank cuts to Hold
seekingalpha.com - August 31 at 6:16 PM
americanbankingnews.com logoEricsson (ERIC) Downgraded by Danske
www.americanbankingnews.com - August 31 at 11:22 AM
americanbankingnews.com logoEricsson (ERIC) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 29 at 2:34 AM
bizjournals.com logoVerizon, Ericsson, Qualcomm and Federated Wireless team up to showcase first end-to-end band 48 CBRS carrier aggregation demonstration
www.bizjournals.com - August 28 at 6:06 PM
americanbankingnews.com logoEricsson (ERIC) Sees Significant Decline in Short Interest
www.americanbankingnews.com - August 27 at 2:22 AM
americanbankingnews.com logoEricsson's (ERIC) Neutral Rating Reiterated at J P Morgan Chase & Co
www.americanbankingnews.com - August 26 at 12:32 PM
finance.yahoo.com logoWhy Ericsson’s Research and Development Is Important
finance.yahoo.com - August 25 at 7:58 PM
finance.yahoo.com logoWhy Ericsson IT and Cloud Services’ Revenue Keeps Falling
finance.yahoo.com - August 25 at 5:28 AM
finance.yahoo.com logoEricsson Stock: The Recent Impact
finance.yahoo.com - August 23 at 10:46 PM
finance.yahoo.com logoCan Ericsson Return to Revenue Growth?
finance.yahoo.com - August 23 at 10:46 PM
finance.yahoo.com logoHere’s What Impacted Ericsson Networks’ Sales This Year
finance.yahoo.com - August 23 at 10:46 PM
prnewswire.com logoEricsson Ventures Invests in Matterport - PR Newswire - PR Newswire (press release)
www.prnewswire.com - August 22 at 11:56 PM
nasdaq.com logoEricsson (ERIC) Spearheads Surpassing Gigabit Speed Barrier - Nasdaq
www.nasdaq.com - August 22 at 11:56 PM
forbes.com logoWhy We Revised Our Price Estimate For Ericsson To $6.50 - Forbes
www.forbes.com - August 22 at 11:56 PM
finance.yahoo.com logoVerizon Led Consortium for LTE Bags Benchmark Data Speed
finance.yahoo.com - August 22 at 6:54 PM
finance.yahoo.com logoWhy We Revised Our Price Estimate For Ericsson To $6.50
finance.yahoo.com - August 22 at 6:54 PM
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

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Chart

Ericsson (ERIC) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff