NASDAQ:ERIC

Telefonaktiebolaget LM Ericsson (publ) Stock Forecast, Price & News

$11.61
0.00 (0.00 %)
(As of 09/16/2021 12:00 AM ET)
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Today's Range
$11.54
$11.63
50-Day Range
$11.25
$13.29
52-Week Range
$10.30
$15.31
Volume3.54 million shs
Average Volume6.37 million shs
Market Capitalization$38.71 billion
P/E Ratio17.07
Dividend Yield1.29%
Beta0.4
30 days | 90 days | 365 days | Advanced Chart
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About Telefonaktiebolaget LM Ericsson (publ)

Telefonaktiebolaget LM Ericsson engages in the provision of telecommunications equipment and related services to mobile and fixed network operators. It operates through the following segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment supports all radio-access technologies and offer hardware, software and related services for both radio access and transport. The Digital Services segment provides software and services in the areas of digital business support systems, operational support systems, cloud communication, cloud core, and cloud infrastructure. The Managed Services segment includes networks and information technology managed services, network design and optimization, and application development and maintenance. The Emerging Business and Other segment encompasses emerging business, Iconectiv, Red Bee Media, and Media Solutions. The company was founded by Lars Magnus Ericsson in 1876 and is headquartered in Kista, Sweden.

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MarketRank

Overall MarketRank

2.67 out of 5 stars

Computer And Technology Sector

72nd out of 857 stocks

Radio & T.V. Communications Equipment Industry

5th out of 32 stocks

Analyst Opinion: 4.3Community Rank: 4.0Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
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Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Frequently Asked Questions

Is Telefonaktiebolaget LM Ericsson (publ) a buy right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Telefonaktiebolaget LM Ericsson (publ) in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Telefonaktiebolaget LM Ericsson (publ) stock.
View analyst ratings for Telefonaktiebolaget LM Ericsson (publ)
or view top-rated stocks.

What stocks does MarketBeat like better than Telefonaktiebolaget LM Ericsson (publ)?

Wall Street analysts have given Telefonaktiebolaget LM Ericsson (publ) a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Telefonaktiebolaget LM Ericsson (publ) wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Telefonaktiebolaget LM Ericsson (publ)?

Telefonaktiebolaget LM Ericsson (publ) saw a decrease in short interest in August. As of August 13th, there was short interest totaling 6,010,000 shares, a decrease of 28.7% from the July 29th total of 8,430,000 shares. Based on an average trading volume of 5,710,000 shares, the short-interest ratio is currently 1.1 days. Currently, 0.2% of the company's stock are sold short.
View Telefonaktiebolaget LM Ericsson (publ)'s Short Interest
.

When is Telefonaktiebolaget LM Ericsson (publ)'s next earnings date?

Telefonaktiebolaget LM Ericsson (publ) is scheduled to release its next quarterly earnings announcement on Wednesday, October 20th 2021.
View our earnings forecast for Telefonaktiebolaget LM Ericsson (publ)
.

How were Telefonaktiebolaget LM Ericsson (publ)'s earnings last quarter?

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) announced its quarterly earnings results on Thursday, July, 15th. The communications equipment provider reported $0.14 EPS for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.01. The communications equipment provider earned $54.90 billion during the quarter, compared to the consensus estimate of $57.58 billion. Telefonaktiebolaget LM Ericsson (publ) had a net margin of 8.49% and a trailing twelve-month return on equity of 24.33%. Telefonaktiebolaget LM Ericsson (publ)'s revenue was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.74 EPS.
View Telefonaktiebolaget LM Ericsson (publ)'s earnings history
.

How has Telefonaktiebolaget LM Ericsson (publ)'s stock price been impacted by COVID-19?

Telefonaktiebolaget LM Ericsson (publ)'s stock was trading at $7.12 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ERIC stock has increased by 63.1% and is now trading at $11.61.
View which stocks have been most impacted by COVID-19
.

How often does Telefonaktiebolaget LM Ericsson (publ) pay dividends? What is the dividend yield for Telefonaktiebolaget LM Ericsson (publ)?

Telefonaktiebolaget LM Ericsson (publ) declared a dividend on Wednesday, February 24th. Stockholders of record on Thursday, April 1st will be paid a dividend of $0.08 per share on Thursday, April 1st. The ex-dividend date of this dividend is Wednesday, March 31st. This is an increase from Telefonaktiebolaget LM Ericsson (publ)'s previous dividend of $0.06.
View Telefonaktiebolaget LM Ericsson (publ)'s dividend history
.

Is Telefonaktiebolaget LM Ericsson (publ) a good dividend stock?

Telefonaktiebolaget LM Ericsson (publ) pays an annual dividend of $0.15 per share and currently has a dividend yield of 1.29%. The dividend payout ratio of Telefonaktiebolaget LM Ericsson (publ) is 23.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Telefonaktiebolaget LM Ericsson (publ) will have a dividend payout ratio of 18.07% next year. This indicates that Telefonaktiebolaget LM Ericsson (publ) will be able to sustain or increase its dividend.
View Telefonaktiebolaget LM Ericsson (publ)'s dividend history.

What price target have analysts set for ERIC?

16 Wall Street analysts have issued 12-month price objectives for Telefonaktiebolaget LM Ericsson (publ)'s stock. Their forecasts range from $13.02 to $21.00. On average, they anticipate Telefonaktiebolaget LM Ericsson (publ)'s share price to reach $15.84 in the next twelve months. This suggests a possible upside of 36.4% from the stock's current price.
View analysts' price targets for Telefonaktiebolaget LM Ericsson (publ)
or view top-rated stocks among Wall Street analysts.

Who are Telefonaktiebolaget LM Ericsson (publ)'s key executives?

Telefonaktiebolaget LM Ericsson (publ)'s management team includes the following people:
  • Erik Börje Ekholm, President, Chief Executive Officer & Director
  • Carl Mellander, CFO, Senior VP & Head-Group Function Finance
  • Erik Ekudden, Chief Technology Officer & Senior Vice President
  • Xavier Dedullen, Secretary, Chief Legal Officer & Senior VP
  • Arun Bansal, EVP & Head-Europe & Latin America Region

What is Börje Ekholm's approval rating as Telefonaktiebolaget LM Ericsson (publ)'s CEO?

230 employees have rated Telefonaktiebolaget LM Ericsson (publ) CEO Börje Ekholm on Glassdoor.com. Börje Ekholm has an approval rating of 86% among Telefonaktiebolaget LM Ericsson (publ)'s employees.

Who are some of Telefonaktiebolaget LM Ericsson (publ)'s key competitors?

What other stocks do shareholders of Telefonaktiebolaget LM Ericsson (publ) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Telefonaktiebolaget LM Ericsson (publ) investors own include Nokia (NOK), NVIDIA (NVDA), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Intel (INTC), Micron Technology (MU), AT&T (T), Alibaba Group (BABA) and Tesla (TSLA).

What is Telefonaktiebolaget LM Ericsson (publ)'s stock symbol?

Telefonaktiebolaget LM Ericsson (publ) trades on the NASDAQ under the ticker symbol "ERIC."

Who are Telefonaktiebolaget LM Ericsson (publ)'s major shareholders?

Telefonaktiebolaget LM Ericsson (publ)'s stock is owned by many different retail and institutional investors. Top institutional shareholders include Susquehanna International Group LLP (0.00%), AGF Investments Inc. (0.06%), Group One Trading L.P. (0.00%), Credit Suisse AG (0.02%), Citadel Advisors LLC (0.00%) and PEAK6 Investments LLC (0.00%).

Which institutional investors are selling Telefonaktiebolaget LM Ericsson (publ) stock?

ERIC stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Walleye Trading LLC, Twin Tree Management LP, Cutler Group LP, and Madison Asset Management LLC.

Which institutional investors are buying Telefonaktiebolaget LM Ericsson (publ) stock?

ERIC stock was purchased by a variety of institutional investors in the last quarter, including Group One Trading L.P., Susquehanna International Group LLP, Citadel Advisors LLC, AGF Investments Inc., Wolverine Trading LLC, Simplex Trading LLC, PEAK6 Investments LLC, and Parallax Volatility Advisers L.P..

How do I buy shares of Telefonaktiebolaget LM Ericsson (publ)?

Shares of ERIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Telefonaktiebolaget LM Ericsson (publ)'s stock price today?

One share of ERIC stock can currently be purchased for approximately $11.61.

How much money does Telefonaktiebolaget LM Ericsson (publ) make?

Telefonaktiebolaget LM Ericsson (publ) has a market capitalization of $38.71 billion and generates $25.33 billion in revenue each year. The communications equipment provider earns $1.91 billion in net income (profit) each year or $0.64 on an earnings per share basis.

How many employees does Telefonaktiebolaget LM Ericsson (publ) have?

Telefonaktiebolaget LM Ericsson (publ) employs 100,824 workers across the globe.

Does Telefonaktiebolaget LM Ericsson (publ) have any subsidiaries?

The following companies are subsidiares of Telefonaktiebolaget LM Ericsson (publ): *REDBACK NETWORKS, AB Aulis, Advanced Computer Communications, Airvana - EVDO business, Allolio&Konrad, Ambient Corporation, Apcera, Aspex Semiconductor, Axxessit AS, Azuki systems, BelAir Networks, CENX, Companía Ericsson S.A.C.I., ConceptWave Software, CradlePoint, Datacenter i Mjärdevi Aktiebolag, Datacenter i Rosersberg AB, Drutt Corporation, Entrisphere, Envivio, Ericpol, Ericsson (China) Company Ltd., Ericsson (Malaysia) Sdn. Bhd., Ericsson (Thailand) Ltd., Ericsson A/S, Ericsson AB, Ericsson AG, Ericsson Amplified Technologies, Ericsson Austria GmbH, Ericsson Canada Inc., Ericsson Corporatia AO, Ericsson Credit AB, Ericsson Danmark A/S, Ericsson España S.A., Ericsson Germany GmbH, Ericsson Holding II Inc., Ericsson Holding International B.V., Ericsson Holdings Ltd., Ericsson Hungary Ltd., Ericsson India Global Services PVT. Ltd, Ericsson India Private Ltd., Ericsson Ltd., Ericsson Media Solutions Ltd, Ericsson Participations France SAS, Ericsson Shared Services AB, Ericsson South Africa PTY. Ltd, Ericsson Taiwan Ltd., Ericsson Telecom S.A. de C.V., Ericsson Telecommunications Pte. Ltd., Ericsson Telecomunicazioni S.p.A., Ericsson Television, Ericsson Television AS, Ericsson-LG CO Ltd., FYI Television, Fabrix Systems, GEOSS, L M Ericsson Limited, LHS AG, Marconi Corporation plc, MetraTech, Microsoft Mediaroom, Netspira Networks, Netwise AB, NodePrime, Optimi Corporation, Oy LM Ericsson Ab, Pride SpA, Red Bee Media, Redback Networks, Sentilla, Technicolor - Broadcast Services, Teleca, Teleric Pty Ltd., TimelessMIND, and iconectiv.

When was Telefonaktiebolaget LM Ericsson (publ) founded?

Telefonaktiebolaget LM Ericsson (publ) was founded in 1876.

What is Telefonaktiebolaget LM Ericsson (publ)'s official website?

The official website for Telefonaktiebolaget LM Ericsson (publ) is www.ericsson.com.

Where are Telefonaktiebolaget LM Ericsson (publ)'s headquarters?

Telefonaktiebolaget LM Ericsson (publ) is headquartered at TORSHAMNSGATAN 21 - 23, STOCKHOLM V7, 16483.

How can I contact Telefonaktiebolaget LM Ericsson (publ)?

Telefonaktiebolaget LM Ericsson (publ)'s mailing address is TORSHAMNSGATAN 21 - 23, STOCKHOLM V7, 16483. The communications equipment provider can be reached via phone at (610) 719-0000 or via email at [email protected]


This page was last updated on 9/16/2021 by MarketBeat.com Staff
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