Telefonaktiebolaget LM Ericsson (publ) provides information and communications technology solutions for networks, IT and cloud, and media markets worldwide. It operates through four segments: Networks, Digital Services, Managed Services, and Other. The Networks segment provides mobile radio access networks, transport solutions, and site solutions, as well as related services, such as network rollout, network tuning, and customer support. The Digital Services segment offers products and services for service providers in the areas of operations support systems and business support systems; packet core and communication; network functions virtualization and cloud infrastructure; application development and modernization; and consulting services. The Managed Services segment provides vendor agnostic services, including networks and IT managed, and network design and optimization services to manage service provider's networks. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:ERIC
Previous Symbol
CUSIPN/A
Phone46-1-071-900-00
Debt
Debt-to-Equity Ratio0.33
Current Ratio1.52
Quick Ratio1.22
Price-To-Earnings
Trailing P/E Ratio-18.04
Forward P/E Ratio30.29
P/E GrowthN/A
Sales & Book Value
Annual Sales$23.60 billion
Price / Sales1.20
Cash Flow$0.2718 per share
Price / Cash31.20
Book Value$3.22 per share
Price / Book2.63
Profitability
EPS (Most Recent Fiscal Year)($0.47)
Net Income$-4,129,660,000.00
Net Margins-9.26%
Return on Equity-0.43%
Return on Assets-0.16%
Miscellaneous
Employees100,735
Outstanding Shares3,334,150,000
Market Cap$29.17 billion
OptionableOptionable
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Frequently Asked Questions
What is Telefonaktiebolaget LM Ericsson's stock symbol?
Telefonaktiebolaget LM Ericsson trades on the NASDAQ under the ticker symbol "ERIC."
How were Telefonaktiebolaget LM Ericsson's earnings last quarter?
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) issued its quarterly earnings data on Tuesday, July, 19th. The communications equipment provider reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by $0.02. The communications equipment provider had revenue of $6.59 billion for the quarter, compared to analyst estimates of $6.87 billion. Telefonaktiebolaget LM Ericsson had a negative return on equity of 0.43% and a negative net margin of 9.26%. View Telefonaktiebolaget LM Ericsson's Earnings History.
When is Telefonaktiebolaget LM Ericsson's next earnings date?
What price target have analysts set for ERIC?
10 brokers have issued 12-month price objectives for Telefonaktiebolaget LM Ericsson's stock. Their predictions range from $7.00 to $9.00. On average, they expect Telefonaktiebolaget LM Ericsson's share price to reach $8.1750 in the next year. This suggests that the stock has a possible downside of 3.6%. View Analyst Price Targets for Telefonaktiebolaget LM Ericsson.
What is the consensus analysts' recommendation for Telefonaktiebolaget LM Ericsson?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Telefonaktiebolaget LM Ericsson in the last year. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Telefonaktiebolaget LM Ericsson.
Has Telefonaktiebolaget LM Ericsson been receiving favorable news coverage?
Headlines about ERIC stock have trended somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Telefonaktiebolaget LM Ericsson earned a daily sentiment score of 0.6 on InfoTrie's scale. They also assigned media headlines about the communications equipment provider a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the near term.
Who are some of Telefonaktiebolaget LM Ericsson's key competitors?
Some companies that are related to Telefonaktiebolaget LM Ericsson include NTT Docomo (DCMYY), QUALCOMM (QCOM), Nokia Oyj (NOK), Motorola Solutions (MSI), L3 Technologies (LLL), Ubiquiti Networks (UBNT), ARRIS International (ARRS), ViaSat (VSAT), Echostar (SATS), Commscope (COMM), Loral Space & Communications Ltd. (LORL), Mitel Networks (MITL), Casa Systems (CASA), Maxar Technologies (MAXR) and CalAmp (CAMP).
Who are Telefonaktiebolaget LM Ericsson's key executives?
Telefonaktiebolaget LM Ericsson's management team includes the folowing people:
- Mr. Börje E. Ekholm MSc, MBA, Pres, CEO & Director (Age 55)
- Mr. Carl Mellander, Sr. VP, CFO and Head of Group Function Fin. & Common Functions (Age 54)
- Ms. Eva-Britt Allenius, Chief Accounting Officer
- Mr. Erik Ekudden, Group CTO & SVP and Head of Technology & Architecture
- Mr. Peter Nyquist, VP & Head of Investor Relations (Age 53)
Who are Telefonaktiebolaget LM Ericsson's major shareholders?
Telefonaktiebolaget LM Ericsson's stock is owned by many different of retail and institutional investors. Top institutional investors include Primecap Management Co. CA (3.98%), Renaissance Technologies LLC (0.13%), FMR LLC (0.11%), JPMorgan Chase & Co. (0.09%), JPMorgan Chase & Co. (0.09%) and Credit Suisse AG (0.07%).
Which major investors are selling Telefonaktiebolaget LM Ericsson stock?
ERIC stock was sold by a variety of institutional investors in the last quarter, including Brandes Investment Partners LP, FMR LLC, Oppenheimer Asset Management Inc., Renaissance Technologies LLC, Trexquant Investment LP, Seven Eight Capital LP, World Asset Management Inc and Massey Quick Simon & CO. LLC.
Which major investors are buying Telefonaktiebolaget LM Ericsson stock?
ERIC stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Credit Suisse AG, Primecap Management Co. CA, CI Investments Inc., Jane Street Group LLC, Envestnet Asset Management Inc. and Capital Fund Management S.A..
How do I buy shares of Telefonaktiebolaget LM Ericsson?
Shares of ERIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Telefonaktiebolaget LM Ericsson's stock price today?
One share of ERIC stock can currently be purchased for approximately $8.48.
How big of a company is Telefonaktiebolaget LM Ericsson?
Telefonaktiebolaget LM Ericsson has a market capitalization of $29.17 billion and generates $23.60 billion in revenue each year. The communications equipment provider earns $-4,129,660,000.00 in net income (profit) each year or ($0.47) on an earnings per share basis. Telefonaktiebolaget LM Ericsson employs 100,735 workers across the globe.
What is Telefonaktiebolaget LM Ericsson's official website?
How can I contact Telefonaktiebolaget LM Ericsson?
Telefonaktiebolaget LM Ericsson'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]
MarketBeat Community Rating for Telefonaktiebolaget LM Ericsson (NASDAQ ERIC)
MarketBeat's community ratings are surveys of what our community members think about Telefonaktiebolaget LM Ericsson and other stocks. Vote "Outperform" if you believe ERIC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ERIC will underperform the S&P 500 over the long term. You may vote once every thirty days.
