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
Capitalization:
  • Market Cap: $19.33 billion
  • Outstanding Shares: 3,276,003,000
Average Prices:
  • 50 Day Moving Avg: $5.76
  • 200 Day Moving Avg: $6.42
  • 52 Week Range: $4.83 - $7.47
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 23.60
  • P/E Growth: 13.14
Sales & Book Value:
  • Annual Revenue: $26.76 billion
  • Price / Sales: 0.72
  • Book Value: $4.73 per share
  • Price / Book: 1.25
Dividend:
  • Annual Dividend: $0.07
  • Dividend Yield: 2.0%
Profitability:
  • EBITDA: $910.85 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: 5.24 million shs.
  • Beta: 1.07
  • 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. Shareholders 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 results on Tuesday, July, 19th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.12 by $0.02. The company earned $6.59 billion during the quarter, compared to analysts' expectations of $6.87 billion. Ericsson had a negative net margin of 6.40% and a negative return on equity of 3.16%. 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?

14 brokerages have issued 12-month price targets for Ericsson's shares. Their predictions range from $3.00 to $7.80. On average, they anticipate Ericsson's share price to reach $5.18 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 September. As of September 29th, there was short interest totalling 27,900,979 shares, an increase of 25.6% from the September 15th total of 22,215,786 shares. Based on an average daily trading volume, of 10,788,053 shares, the short-interest ratio is presently 2.6 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, Head of Market Area North America, Acting Senior Vice President, Chief Strategy Officer, Head of Technology & Emerging Business
  • 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 (7.03%) and Eqis Capital Management Inc. (0.00%). View Institutional Ownership Trends 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 Eqis Capital Management Inc.. 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 $5.90.


MarketBeat Community Rating for Ericsson (NASDAQ ERIC)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  270 (Vote Outperform)
Underperform Votes:  482 (Vote Underperform)
Total Votes:  752
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: 2 Sell Ratings, 7 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.21)
Consensus Price Target: $5.18 (12.29% downside)
Consensus Price Target History for Ericsson (NASDAQ:ERIC)
Price Target History for Ericsson (NASDAQ:ERIC)
Analysts' Ratings History for Ericsson (NASDAQ:ERIC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017Cowen and CompanyDowngradeUnderperformN/AView Rating Details
10/3/2017Credit Suisse GroupDowngradeNeutral -> Underperform$6.00 -> $4.65LowView Rating Details
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
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
(Data available from 10/19/2015 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:1.19%
Payout Ratio:-15.22% (Trailing 12 Months of Earnings)
100.00% (Based on This Year's Estimates)
28.00% (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
forbes.com logoEricsson Q3 Preview: Cost Cutting In Focus As Market Headwinds Persist
www.forbes.com - October 19 at 6:52 PM
americanbankingnews.com logoEricsson (ERIC) Cut to Underperform at Cowen and Company
www.americanbankingnews.com - October 19 at 8:18 AM
reuters.com logoInvestment firm Investor AB overtakes Cevian as top Ericsson owner - Reuters
www.reuters.com - October 19 at 12:48 AM
nasdaq.com logoEricsson (ERIC) Q3 Earnings: Another Miss in the Cards? - Nasdaq
www.nasdaq.com - October 19 at 12:48 AM
finance.yahoo.com logoEricsson (ERIC) Q3 Earnings: Another Miss in the Cards?
finance.yahoo.com - October 18 at 7:44 PM
americanbankingnews.com logo Brokerages Expect Ericsson (ERIC) Will Announce Quarterly Sales of $5.79 Billion
www.americanbankingnews.com - October 18 at 3:10 PM
americanbankingnews.com logoEricsson (ERIC) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - October 18 at 4:34 AM
seekingalpha.com logoPurchases make Investor AB top shareholder in Ericsson again
seekingalpha.com - October 16 at 6:49 PM
finance.yahoo.com logoInvestment firm Investor AB overtakes Cevian as top Ericsson owner
finance.yahoo.com - October 16 at 6:49 PM
americanbankingnews.com logoHead to Head Analysis: Ericsson (ERIC) & Finisar Corporation (FNSR)
www.americanbankingnews.com - October 16 at 2:08 PM
americanbankingnews.com logoApplied Optoelectronics (AAOI) and Ericsson (ERIC) Head to Head Analysis
www.americanbankingnews.com - October 16 at 12:34 PM
americanbankingnews.com logo Analysts Expect Ericsson (ERIC) Will Post Earnings of $0.01 Per Share
www.americanbankingnews.com - October 16 at 2:08 AM
reuters.com logoMEDIA-Investor AB once again Ericsson's biggest shareholder - DI newspaper
www.reuters.com - October 15 at 5:36 PM
americanbankingnews.com logoEricsson (ERIC) Set to Announce Earnings on Friday
www.americanbankingnews.com - October 13 at 1:45 AM
finance.yahoo.com logo5G Readiness on the Rise
finance.yahoo.com - October 12 at 5:56 AM
americanbankingnews.com logoEricsson (ERIC) Short Interest Up 25.6% in September
www.americanbankingnews.com - October 12 at 1:14 AM
finance.yahoo.com logoSingtel and Ericsson to Launch Singapore's First 5G Center of Excellence
finance.yahoo.com - October 11 at 7:54 PM
nasdaq.com logoEricsson Reaches Analyst Target Price
www.nasdaq.com - October 10 at 9:08 PM
nasdaq.com logoEricsson, Swisscom Go Live With Telco Cloud Infrastructure - Nasdaq
www.nasdaq.com - October 10 at 4:07 PM
finance.yahoo.com logoWhere Ericsson Is Trading in October Compared to Estimates
finance.yahoo.com - October 10 at 4:07 PM
finance.yahoo.com logoEricsson, Swisscom Go Live With Telco Cloud Infrastructure
finance.yahoo.com - October 10 at 4:07 PM
abcnews.go.com logoGE and Medtronic decline while Ericsson and Seagate rise - ABC News
abcnews.go.com - October 10 at 4:44 AM
prnewswire.com logoInvitation to Media and Analyst Calls for Ericsson Q3 2017 Report - PR Newswire (press release)
www.prnewswire.com - October 10 at 4:44 AM
nasdaq.com logoShould You Dump Ericsson (ERIC) From Your Portfolio Now? - Nasdaq
www.nasdaq.com - October 10 at 4:44 AM
ft.com logoEricsson chooses Ronnie Leten as chairman - Financial Times
www.ft.com - October 10 at 4:44 AM
finance.yahoo.com logoEricsson and Swisscom Go Live With Telco Cloud
finance.yahoo.com - October 10 at 4:43 AM
ft.com logoEricsson picks new chairman from Electrolux after shareholder pressure
www.ft.com - October 9 at 6:40 PM
finance.yahoo.com logoEricsson and VodafoneZiggo Prepare for 5G Readiness
finance.yahoo.com - October 9 at 6:40 PM
finance.yahoo.com logoInvitation to Media and Analyst Calls for Ericsson Q3 2017 Report
finance.yahoo.com - October 9 at 6:40 PM
finance.yahoo.com logoWhy Does Ericsson Want to Merge Its Fiber Services Business?
finance.yahoo.com - October 9 at 6:40 PM
finance.yahoo.com logoHow Ericsson Plans to Further Cut Costs
finance.yahoo.com - October 9 at 6:40 PM
finance.yahoo.com logoA Look at Ericsson’s Financial Metrics
finance.yahoo.com - October 9 at 6:40 PM
finance.yahoo.com logoCan Ericsson Achieve More without Leif Johansson?
finance.yahoo.com - October 9 at 6:40 PM
finance.yahoo.com logoShould You Dump Ericsson (ERIC) From Your Portfolio Now?
finance.yahoo.com - October 9 at 6:40 PM
seekingalpha.com logoEricsson announces new chairman
seekingalpha.com - October 9 at 8:52 AM
fool.com logoHow to Reach Your Peak: Interview With Anders Ericsson - Motley Fool
www.fool.com - October 8 at 2:01 AM
fool.com logoHow to Reach Your Peak: Interview With Anders Ericsson
www.fool.com - October 8 at 12:22 AM
finance.yahoo.com logoWhat Analysts Expect from Ericsson in 3Q17
finance.yahoo.com - October 6 at 6:47 PM
finance.yahoo.com logoWhen Might Ericsson Return to Revenue and Profitability Growth?
finance.yahoo.com - October 6 at 6:47 PM
finance.yahoo.com logoEricsson and DoCoMo’s Big Plans
finance.yahoo.com - October 6 at 6:47 PM
finance.yahoo.com logoWhy Credit Suisse Downgraded Ericsson
finance.yahoo.com - October 6 at 6:47 PM
americanbankingnews.com logoEricsson (ERIC) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - October 6 at 9:36 AM
reuters.com logoBRIEF-India's National Co Law Tribunal to hear RCom, Ericsson case on Nov. 8 - Reuters
www.reuters.com - October 6 at 3:42 AM
msn.com logoEricsson: Weight disadvantage costs me four tenths to Wehrlein
www.msn.com - October 5 at 5:34 PM
nytimes.com logoMolin's Likely Exit From Assa Abloy Stirs Speculation About Move to Ericsson - New York Times
www.nytimes.com - October 5 at 9:28 AM
finance.yahoo.com logoEricsson Opens 5G Design Site in Austin, Texas
finance.yahoo.com - October 5 at 9:28 AM
msn.com logoCost-cutting Ericsson eyes merger for Spanish fiber services unit
www.msn.com - October 4 at 5:12 PM
seekingalpha.com logoEricsson -2.4% as Credit Suisse cuts to Underperform
seekingalpha.com - October 4 at 9:33 AM
finance.yahoo.com logoEricsson Tumbles On Downgrade; Are Margin Targets Too Optimistic?
finance.yahoo.com - October 4 at 9:33 AM
finance.yahoo.com logoEricsson scouts for mergers for lower margin businesses
finance.yahoo.com - October 4 at 9:33 AM

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Chart

Ericsson (ERIC) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

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