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:
- Sector: Computer and Technology
- Industry: Communications & Networking
- Sub-Industry: N/A
- Symbol: NASDAQ:ERIC
- CUSIP: N/A
- Web: www.ericsson.com
Capitalization:- Market Cap: $19.20471 billion
- Outstanding Shares: 3,276,003,000
Average Prices:- 50 Day Moving Avg: $5.97
- 200 Day Moving Avg: $6.54
- 52 Week Range: $4.83 - $7.47
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 16.82
- P/E Growth: 3.81
Sales & Book Value:- Annual Revenue: $26.64 billion
- Price / Sales: 0.70
- Book Value: $4.71 per share
- Price / Book: 1.21
Dividend:- Annual Dividend: $0.07
- Dividend Yield: 1.2%
Profitability:- EBIDTA: $906.8 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: 4.19 million shs.
- Beta: 1.06
- 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 announced 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 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 Zacks' consensus estimate of $0.05 by $0.03. The company had revenue of $49.90 billion for the quarter, compared to analyst estimates of $50.66 billion. Ericsson had a negative return on equity of 3.16% and a negative net margin of 6.40%. The company's quarterly revenue was down 7.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.83 earnings per share. View Ericsson's Earnings History.
When will Ericsson make its next earnings announcement?
Where is Ericsson's stock going? Where will Ericsson's stock price be in 2017?
17 brokers have issued 1-year 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 $5.95 in the next year. 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 daily trading volume, of 2,416,578 shares, the days-to-cover ratio is currently 10.0 days.
Who are some of Ericsson's key competitors?
Some companies that are related to Ericsson include Harris Corporation (HRS), Motorola Solutions (MSI), Arista Networks (ANET), Alcatel Lucent SA (ALU), CommScope Holding Company (COMM), EchoStar Corporation (SATS), ARRIS International PLC (ARRS), Brocade Communications Systems (BRCD), ViaSat (VSAT), Lumentum Holdings (LITE), Belden (BDC), Ciena Corporation (CIEN), InterDigital (IDCC), Finisar Corporation (FNSR), Viavi Solutions (VIAV), West Corporation (WSTC), Acacia Communications (ACIA) and Oclaro (OCLR).
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%), 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 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 $5.72.
MarketBeat Community Rating for Ericsson (NASDAQ ERIC)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.
Consensus Ratings for Ericsson (NASDAQ:ERIC) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings 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). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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.
| Ratings Breakdown: | 13 Hold Ratings, 4 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.24) |
| Consensus Price Target: | $5.95 (4.02% upside) |
Analysts' Ratings History for Ericsson (NASDAQ:ERIC)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/31/2017 | Danske | Downgrade | Buy -> Hold | | Low |  |
| 8/26/2017 | J P Morgan Chase & Co | Reiterated Rating | Neutral | | Low | |
| 7/18/2017 | Canaccord Genuity | Reiterated Rating | Hold | $6.00 | Medium | |
| 6/14/2017 | Societe Generale | Initiated Coverage | Hold | | Low | |
| 6/8/2017 | Citigroup Inc. | Initiated Coverage | Buy -> Buy | | Low | |
| 6/2/2017 | Bank of America Corporation | Reiterated Rating | Buy -> Buy | | Low | |
| 4/29/2017 | Cowen and Company | Reiterated Rating | Market Perform | $4.00 -> $3.00 | Low | |
| 4/12/2017 | Credit Suisse Group | Upgrade | Underperform -> Neutral | | Low | |
| 3/29/2017 | Sanford C. Bernstein | Upgrade | Market Perform -> Outperform | | Medium | |
| 3/17/2017 | BMO Capital Markets | Reiterated Rating | Market Perform | | Low | |
| 3/9/2017 | Goldman Sachs Group, Inc. (The) | Upgrade | Sell -> Buy | $5.70 -> $7.80 | Low | |
| 1/28/2017 | Wells Fargo & Company | Reiterated Rating | Market Perform | | N/A | |
| 1/27/2017 | Charter Equity | Upgrade | Mkt Underperform -> Mkt Perform | | N/A | |
| 10/21/2016 | DNB Markets | Downgrade | Buy -> Hold | | N/A | |
| 10/15/2016 | BNP Paribas | Reiterated Rating | Hold | | N/A | |
| 10/13/2016 | Argus | Reiterated Rating | Hold | | N/A | |
| 10/13/2016 | Natixis | Downgrade | Buy -> Neutral | | N/A | |
| 10/10/2016 | Morgan Stanley | Reiterated Rating | Neutral | | N/A | |
| 7/6/2016 | Barclays PLC | Upgrade | Underweight -> Equal Weight | | N/A | |
| 5/3/2016 | Swedbank | Downgrade | Buy -> Neutral | | N/A | |
| 2/29/2016 | Deutsche Bank AG | Reiterated Rating | Neutral | | N/A | |
| 12/27/2015 | Royal Bank Of Canada | Downgrade | Hold | | N/A | |
| 9/25/2015 | Liberum Capital | Upgrade | Hold -> Buy | | N/A | |
(Data available from 9/19/2015 forward)
Earnings History for Ericsson (NASDAQ:ERIC)Earnings History by Quarter for Ericsson (NASDAQ ERIC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/20/2017 | | $0.03 | | | | | 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 | |
| 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 | |
| 10/26/2012 | | $0.82 | $1.04 | | | View | N/A | |
| 7/18/2012 | | $0.75 | $0.78 | | | View | N/A | |
| 4/25/2012 | | $0.63 | $0.77 | | | View | N/A | |
| 1/25/2012 | | $1.65 | $0.36 | | | View | N/A | |
| 10/20/2011 | | $1.39 | $1.44 | | | View | N/A | |
| 7/21/2011 | | $1.50 | $0.96 | | | View | N/A | |
| 1/25/2011 | | $1.51 | $1.34 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Ericsson (NASDAQ:ERIC)2017 EPS Consensus Estimate: $0.31
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.04 | $0.04 | $0.04 |
| Q2 2017 | 1 | $0.07 | $0.07 | $0.07 |
| Q3 2017 | 1 | $0.07 | $0.07 | $0.07 |
| Q4 2017 | 1 | $0.13 | $0.13 | $0.13 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Ericsson (NASDAQ:ERIC)| Most Recent Dividend: | 3/31/2017 |
| Annual Dividend: | $0.07 |
| Dividend Yield: | 1.22% |
| Payout Ratio: | -15.22% (Trailing 12 Months of Earnings)
233.33% (Based on This Year's Estimates)
20.59% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Ericsson (NASDAQ ERIC)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/29/2017 | | $0.07 | | 3/30/2017 | 3/31/2017 | 3/31/2017 |
(Data available from 1/1/2013 forward)
Insider Trading History for Ericsson (NASDAQ:ERIC)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Ericsson (NASDAQ:ERIC)
Latest Headlines for Ericsson (NASDAQ:ERIC)
| Source: |
|
| Date | Headline |
|---|
 | Ericsson (ERIC) Synchronizes Live Streaming with Net Insight ... - Nasdaq
www.nasdaq.com - September 18 at 6:14 PM |
 | Ericsson (ERIC) Synchronizes Live Streaming with Net Insight
finance.yahoo.com - September 18 at 6:14 PM |
 | Ericsson grid penalty following FP3 crash
www.msn.com - September 17 at 5:45 PM |
 | Ericsson (ERIC) & Its Rivals Financial Contrast
www.americanbankingnews.com - September 16 at 10:20 PM |
| Ericsson set for grid penalty after FP3 crash
www.msn.com - September 16 at 5:47 PM |
| Contrasting Ericsson (ERIC) & West Corporation (WSTC)
www.americanbankingnews.com - September 16 at 6:14 AM |
| Reliance Communications' shares, bonds fall after Ericsson's insolvency petition
finance.yahoo.com - September 15 at 11:56 PM |
| Ericsson and Net Insight synchronize live streaming
finance.yahoo.com - September 15 at 5:02 AM |
| Ericsson (ERIC) Sees Large Decrease in Short Interest
www.americanbankingnews.com - September 15 at 1:02 AM |
| Ericsson files insolvency case against India's Reliance Comms
finance.yahoo.com - September 14 at 6:59 PM |
| Ericsson Inks Deal to Fortify Content Discovery Business
finance.yahoo.com - September 14 at 6:59 PM |
| Zixi Welcomes Ericsson as its Newest Integration Partner
finance.yahoo.com - September 13 at 7:46 PM |
 | Verizon and Ericsson Showcase Technology Milestones and Use Cases Demonstrating Continued Industry ... - PR Newswire (press release)
www.prnewswire.com - September 13 at 5:16 AM |
 | Sprint 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 |
| Ericsson Announces Changes to Executive Team - PR Newswire - PR Newswire (press release)
www.prnewswire.com - September 13 at 5:15 AM |
| Ericsson Announces Changes to Executive Team
finance.yahoo.com - September 12 at 7:10 PM |
| Sprint and Ericsson Conduct First U.S. Field Tests for 2.5 GHz Massive MIMO
finance.yahoo.com - September 12 at 7:10 PM |
| Ericsson has a new head of North America
finance.yahoo.com - September 12 at 7:10 PM |
 | Ericsson gives Heuveldop helm of North American market
seekingalpha.com - September 12 at 2:47 PM |
| Technical Reports on Communication Equipment Equities -- Ericsson, Infinera ...
www.prnewswire.com - September 11 at 11:57 PM |
| Brokerages Anticipate Ericsson (ERIC) Will Post Quarterly Sales of $5.71 Billion
www.americanbankingnews.com - September 10 at 3:48 AM |
| $0.03 Earnings Per Share Expected for Ericsson (ERIC) This Quarter
www.americanbankingnews.com - September 8 at 6:08 PM |
| Ericsson developing autonomous vehicle software cloud platform
www.msn.com - September 7 at 11:33 PM |
| Zenuity to Launch Zenuity Connected Cloud, a Platform for Self-Driving Cars, Powered by Ericsson
www.businesswire.com - September 7 at 6:29 PM |
| Analysts Expect Ericsson (ERIC) Will Post Quarterly Sales of $5.71 Billion
www.americanbankingnews.com - September 7 at 4:34 PM |
| Ericsson (ERIC) Expected to Announce Earnings of $0.03 Per Share
www.americanbankingnews.com - September 5 at 4:08 AM |
| Ericsson trials Cat-M1 IoT network in Africa
www.msn.com - September 5 at 3:59 AM |
| Ericsson unveils small cell solutions
www.msn.com - September 1 at 4:23 AM |
| Ericsson dips as Danske Bank cuts to Hold
seekingalpha.com - August 31 at 6:16 PM |
| Ericsson (ERIC) Downgraded by Danske
www.americanbankingnews.com - August 31 at 11:22 AM |
| Ericsson (ERIC) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 29 at 2:34 AM |
 | Verizon, 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 |
| Ericsson (ERIC) Sees Significant Decline in Short Interest
www.americanbankingnews.com - August 27 at 2:22 AM |
| Ericsson's (ERIC) Neutral Rating Reiterated at J P Morgan Chase & Co
www.americanbankingnews.com - August 26 at 12:32 PM |
| Why Ericsson’s Research and Development Is Important
finance.yahoo.com - August 25 at 7:58 PM |
| Why Ericsson IT and Cloud Services’ Revenue Keeps Falling
finance.yahoo.com - August 25 at 5:28 AM |
| Ericsson Stock: The Recent Impact
finance.yahoo.com - August 23 at 10:46 PM |
| Can Ericsson Return to Revenue Growth?
finance.yahoo.com - August 23 at 10:46 PM |
| Here’s What Impacted Ericsson Networks’ Sales This Year
finance.yahoo.com - August 23 at 10:46 PM |
| Ericsson Ventures Invests in Matterport - PR Newswire - PR Newswire (press release)
www.prnewswire.com - August 22 at 11:56 PM |
| Ericsson (ERIC) Spearheads Surpassing Gigabit Speed Barrier - Nasdaq
www.nasdaq.com - August 22 at 11:56 PM |
 | Why We Revised Our Price Estimate For Ericsson To $6.50 - Forbes
www.forbes.com - August 22 at 11:56 PM |
| Verizon Led Consortium for LTE Bags Benchmark Data Speed
finance.yahoo.com - August 22 at 6:54 PM |
| Why We Revised Our Price Estimate For Ericsson To $6.50
finance.yahoo.com - August 22 at 6:54 PM |
| Verizon, Ericsson, and Qualcomm eclipse previous record with Gigabit LTE ...
www.prnewswire.com - August 21 at 10:58 PM |
| Verizon, 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 |
| Ericsson (ERIC) Expected to Announce Quarterly Sales of $5.60 Billion
www.americanbankingnews.com - August 19 at 3:28 AM |
| Ericsson (ERIC) Plans Massive Layoffs to Streamline Costs
finance.yahoo.com - August 18 at 6:18 PM |
| Struggling Ericsson not ruling out UK job cuts in cost-reduction plan
www.msn.com - August 18 at 5:42 AM |
| The sale that changed everything for Ericsson and CTO Arun Bhikshesvaran - Dallas Business Journal
www.bizjournals.com - August 17 at 7:39 PM |
Ericsson (ERIC) Chart for Tuesday, September, 19, 2017
