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NASDAQ:ERIC

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

$12.53
-0.13 (-1.03 %)
(As of 02/26/2021 02:23 PM ET)
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Compare
Today's Range
$12.47
Now: $12.53
$12.66
50-Day Range
$11.63
MA: $12.54
$13.65
52-Week Range
$6.15
Now: $12.53
$15.31
Volume342,116 shs
Average Volume8.83 million shs
Market Capitalization$41.78 billion
P/E Ratio26.66
Dividend Yield0.80%
Beta0.47
Telefonaktiebolaget LM Ericsson (publ) provides information and communications technology solutions for service providers. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment provides hardware, software, and related services for radio access and transport, as well as related services, such as design, tuning, network rollout, and customer support. The Digital Services segment offers products and services for operators in the areas of business support systems, operations support systems, cloud core, cloud communication, network functions virtualization, and cloud infrastructure, as well as consulting, learning, and testing services. The Managed Services segment provides networks and IT managed, network design and optimization, and application development and maintenance services to operators. The Emerging Business and Other segment consists of emerging businesses; iconectiv that offers software-based interconnection solutions; and Red Bee Media, which consists of technology enabled services to manage the play-out platform for broadcasters and content owners. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. The company was founded in 1876 and is headquartered in Stockholm, Sweden.
Telefonaktiebolaget LM Ericsson (publ) logo

Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryN/A
Current SymbolNASDAQ:ERIC
CUSIPN/A
Phone46-1-071-900-00
Employees100,824
Year Founded1876

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$24.04 billion
Cash Flow$0.43 per share
Book Value$2.60 per share

Profitability

Net Income$235.19 million

Miscellaneous

Outstanding Shares3,334,000,000
Market Cap$41.78 billion
Next Earnings Date4/28/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.95 out of 5 stars

Computer And Technology Sector

102nd out of 1,519 stocks

Radio & T.V. Communications Equipment Industry

4th out of 52 stocks

Analyst Opinion: 2.4Community Rank: 2.1Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 4.4 5 -4 -3 -2 -1 -
$12.53
-0.13 (-1.03 %)
(As of 02/26/2021 02:23 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 analysts have issued "buy," "hold," and "sell" ratings for Telefonaktiebolaget LM Ericsson (publ) in the last twelve months. There are currently 2 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Telefonaktiebolaget LM Ericsson (publ) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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, April 28th 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) posted its quarterly earnings results on Thursday, January, 28th. The communications equipment provider reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.06. The communications equipment provider earned $69.59 billion during the quarter, compared to the consensus estimate of $67.85 billion. Telefonaktiebolaget LM Ericsson (publ) had a trailing twelve-month return on equity of 20.57% and a net margin of 6.35%. The company's revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.33 earnings per share.
View Telefonaktiebolaget LM Ericsson (publ)'s earnings history
.

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

Telefonaktiebolaget LM Ericsson (publ)'s stock was trading at $7.12 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ERIC stock has increased by 76.0% and is now trading at $12.53.
View which stocks have been most impacted by COVID-19
.

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

Telefonaktiebolaget LM Ericsson (publ) pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.80%. The dividend payout ratio of Telefonaktiebolaget LM Ericsson (publ) is 90.91%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Telefonaktiebolaget LM Ericsson (publ) will have a dividend payout ratio of 13.16% 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 brokers have issued twelve-month price targets for Telefonaktiebolaget LM Ericsson (publ)'s stock. Their forecasts range from $11.00 to $17.00. On average, they expect Telefonaktiebolaget LM Ericsson (publ)'s stock price to reach $13.63 in the next twelve months. This suggests a possible upside of 8.7% 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:
  • Mr. E. Börje Ekholm MSc, MBA, Pres, CEO & Director (Age 58) (LinkedIn Profile)
  • Mr. Carl Mellander, Sr. VP, CFO and Head of Group Function Fin. & Common Functions (Age 57) (LinkedIn Profile)
  • Ms. Eva-Britt Allenius, Chief Accounting Officer
  • Mr. Erik Ekudden, Group CTO, Sr. VP & Head of Group Function Technology (Age 53) (LinkedIn Profile)
  • Mr. Peter Nyquist, VP & Head of Investor Relations (Age 56) (LinkedIn Profile)
  • Mr. Xavier Dedullen, Sr. VP, Chief Legal Officer, Head of Group Function Legal Affairs & Compliance and Sec. (Age 57) (LinkedIn Profile)
  • Ms. Stella Medlicott, SVP, Chief Marketing & Communications Officer and Head of Group Function Mktg. & Corp. Relations (Age 52) (LinkedIn Profile)
  • Ms. MajBritt Arfert, Sr. VP, Chief People Officer & Head of Group Function People (Age 58) (LinkedIn Profile)
  • Mr. Ola Rembe, VP & Head of External Communications
  • Mr. Roland Hagman, Head of Group Function Financial Control, VP and Group Controller

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 Renaissance Group LLC (0.02%), Russell Investments Group Ltd. (0.01%), George Kaiser Family Foundation (0.01%), Toronto Dominion Bank (0.00%), Exane Derivatives (0.00%) and Solstein Capital 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 United Capital Financial Advisers LLC, Russell Investments Group Ltd., and Toronto Dominion Bank.

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 Renaissance Group LLC, George Kaiser Family Foundation, Solstein Capital LLC, Campbell & CO Investment Adviser LLC, Exane Derivatives, and Private Capital Group LLC.

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 $12.53.

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

Telefonaktiebolaget LM Ericsson (publ) has a market capitalization of $41.78 billion and generates $24.04 billion in revenue each year. The communications equipment provider earns $235.19 million in net income (profit) each year or $0.11 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 46-1-071-900-00 or via email at [email protected]


This page was last updated on 2/26/2021 by MarketBeat.com Staff

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