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:
  • 50 Day Moving Avg: $7.13
  • 200 Day Moving Avg: $6.53
  • 52 Week Range: $4.83 - $7.55
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 18.50
  • 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: 5.34 million shs.
  • Beta: 1.07
 

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 of this dividend is Thursday, March 30th. View Ericsson's Dividend History.

How were Ericsson's earnings last quarter?

Ericsson (NASDAQ:ERIC) released its quarterly earnings data on Tuesday, July, 18th. The company reported $0.02 EPS for the quarter, missing the Thomson Reuters' consensus estimate 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 net margin of 6.40% and a negative return on equity of 3.16%. The firm's revenue for the quarter was down 7.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.83 EPS. View Ericsson's Earnings History.

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

17 brokers have issued 12 month price targets for Ericsson's stock. Their predictions range from $3.00 to $7.80. On average, they expect 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 in June. As of June 15th, there was short interest totalling 17,741,013 shares, an increase of 36.6% from the May 31st total of 12,987,824 shares. Based on an average trading volume of 4,088,866 shares, the days-to-cover ratio is currently 4.3 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 investors include CEVIAN CAPITAL II GP LTD (6.03%), CEVIAN CAPITAL II GP LTD (5.57%), CEVIAN CAPITAL II GP LTD (5.57%), Aperio Group LLC (0.00%), Financial & Investment Management Group Ltd. (0.00%) and Capstone Asset Management 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 Financial & Investment Management Group Ltd., Fisher Asset Management LLC, Capstone Asset Management Co., Highland Capital Management LLC and Bank of Montreal Can. 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 Aperio Group LLC, US Bancorp DE and Boyd Watterson Asset Management LLC OH. 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 $6.29.


MarketBeat Community Rating for Ericsson (NASDAQ ERIC)
Community Ranking:  1.8 out of 5 ()
Outperform Votes:  235 (Vote Outperform)
Underperform Votes:  421 (Vote Underperform)
Total Votes:  656
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 (5.41% downside)

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 7/21/2015 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
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:1.11%
Payout Ratio:-15.22% (Trailing 12 Months of Earnings)
36.84% (Based on This Year's Estimates)
20.59% (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
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
finance.yahoo.com logoEricsson Misses Q2 Earnings Consensus; Sees Further Full-Year Weakness
finance.yahoo.com - July 18 at 3:16 PM
finance.yahoo.com logo[$$] Ericsson warns on shrinking telecoms equipment market
finance.yahoo.com - July 18 at 3:16 PM
finance.yahoo.com logoEricsson remains in the red, market outlook darkens
finance.yahoo.com - July 18 at 3:16 PM
finance.yahoo.com logoEricsson Tumbles 14% on Lower Outlook: Restructuring for Years?
finance.yahoo.com - July 18 at 3:16 PM
finance.yahoo.com logoEricsson (ERIC) Q2 Earnings Miss, Outlook Grim, Shares Down
finance.yahoo.com - July 18 at 3:16 PM
finance.yahoo.com logoEricsson reports 2Q loss
finance.yahoo.com - July 18 at 3:16 PM
finance.yahoo.com logoStock Markets Around the World in Red on Top of Netflix, Ericcson Earnings
finance.yahoo.com - July 18 at 3:16 PM
finance.yahoo.com logo[$$] Ericsson Steps Up Efficiency Plans as Sales Decline
finance.yahoo.com - July 18 at 3:16 PM
americanbankingnews.com logoEricsson (NASDAQ:ERIC) Posts Earnings Results
www.americanbankingnews.com - July 18 at 3:10 PM
feeds.benzinga.com logoMid-Afternoon Market Update: Netflix Gains Following Q2 Results; Ericsson Shares Plummet
feeds.benzinga.com - July 18 at 3:04 PM
ft.com logoEricsson revenue warning sends shares down 8% - Financial Times
www.ft.com - July 18 at 5:22 AM
finance.yahoo.com logoEricsson plans more cost cuts as shares plunge after poor Q2
finance.yahoo.com - July 18 at 5:22 AM
nasdaq.com logoEricsson Q2'17 Preview: Not Much In Store For Ericsson Amidst Weak Markets And Inefficient Cost Savings Program - Nasdaq
www.nasdaq.com - July 17 at 7:19 PM
americanbankingnews.com logoEricsson (ERIC) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - July 17 at 2:20 PM
americanbankingnews.com logoTelefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Upgraded by BidaskClub to "Strong-Buy"
www.americanbankingnews.com - July 15 at 11:28 PM
nasdaq.com logoEricsson (ERIC) Q2 Earnings: Another Earnings Miss in Store? - Nasdaq
www.nasdaq.com - July 15 at 2:32 AM
finance.yahoo.com logoEricsson says Cevian's Gardell to join nomination committee
finance.yahoo.com - July 14 at 9:30 PM
finance.yahoo.com logoEricsson (ERIC) Q2 Earnings: Another Earnings Miss in Store?
finance.yahoo.com - July 14 at 4:26 PM
reuters.com logoEricsson says Cevian's Gardell to join nomination committee - Reuters
www.reuters.com - July 14 at 5:46 AM
finance.yahoo.com logoEricsson Launches Network Services Suite for Commercial IoT
finance.yahoo.com - July 13 at 7:41 PM
finance.yahoo.com logoEricsson introduces 'massive IoT' network services suite
finance.yahoo.com - July 12 at 12:36 AM
finance.yahoo.com logoInvitation to Media and Analyst Call for Ericsson Q2 2017 Report
finance.yahoo.com - July 11 at 7:33 PM
finance.yahoo.com logoIntel Counterpunches With New Data Center Chips
finance.yahoo.com - July 11 at 7:33 PM
finance.yahoo.com logoEricsson unveils network services to simplify massive enterprise IoT deployments
finance.yahoo.com - July 11 at 7:33 PM
finance.yahoo.com logoEricsson Is Struggling to Compete with Huawei
finance.yahoo.com - July 10 at 6:14 PM
finance.yahoo.com logoHow Is Ericsson Stock Performing in July 2017?
finance.yahoo.com - July 10 at 6:14 PM
americanbankingnews.com logoEricsson (NASDAQ:ERIC) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - July 10 at 9:34 AM
finance.yahoo.com logoWhat Do Analysts Expect from Ericsson in 2Q17?
finance.yahoo.com - July 8 at 10:31 AM
finance.yahoo.com logoWill Ericsson Be Able to Improve Operating Margins?
finance.yahoo.com - July 8 at 10:31 AM
americanbankingnews.com logoEricsson (NASDAQ:ERIC) Expected to Post Quarterly Sales of $5.76 Billion
www.americanbankingnews.com - July 8 at 10:30 AM

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Chart

Ericsson (ERIC) Chart for Friday, July, 21, 2017

This page was last updated on 7/21/2017 by MarketBeat.com Staff