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
SymbolNASDAQ:ERIC
CUSIPN/A
Phone46-1-071-900-00
Debt
Debt-to-Equity Ratio0.33
Current Ratio1.50
Quick Ratio1.22
Price-To-Earnings
Trailing P/E Ratio-16.54
Forward P/E Ratio40.84
P/E GrowthN/A
Sales & Book Value
Annual Sales$23.60 billion
Price / Sales1.10
Cash Flow$0.2809 per share
Price / Cash27.63
Book Value$3.52 per share
Price / Book2.20
Profitability
EPS (Most Recent Fiscal Year)($0.47)
Net Income$-4,129,660,000.00
Net Margins-13.14%
Return on Equity-5.62%
Return on Assets-2.15%
Miscellaneous
Employees100,735
Outstanding Shares3,334,150,000
Market Cap$25.84 billion
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) posted its quarterly earnings data on Wednesday, July, 18th. The communications equipment provider reported ($0.01) EPS for the quarter, missing the Zacks' consensus estimate of $0.02 by $0.03. The communications equipment provider had revenue of $49.80 billion for the quarter, compared to analyst estimates of $48.09 billion. Telefonaktiebolaget LM Ericsson had a negative return on equity of 5.62% and a negative net margin of 13.14%. The company's quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.17 earnings per share. View Telefonaktiebolaget LM Ericsson's Earnings History.
When is Telefonaktiebolaget LM Ericsson's next earnings date?
What price target have analysts set for ERIC?
12 brokers have issued 12-month price objectives for Telefonaktiebolaget LM Ericsson's stock. Their forecasts range from $4.65 to $7.00. On average, they anticipate Telefonaktiebolaget LM Ericsson's share price to reach $5.9125 in the next year. This suggests that the stock has a possible downside of 23.8%. View Analyst Price Targets for Telefonaktiebolaget LM Ericsson.
What is the consensus analysts' recommendation for Telefonaktiebolaget LM Ericsson?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Telefonaktiebolaget LM Ericsson in the last year. There are currently 2 sell ratings, 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Telefonaktiebolaget LM Ericsson.
Are investors shorting Telefonaktiebolaget LM Ericsson?
Telefonaktiebolaget LM Ericsson saw a decline in short interest during the month of July. As of July 13th, there was short interest totalling 19,400,048 shares, a decline of 15.3% from the June 29th total of 22,895,877 shares. Based on an average trading volume of 3,745,075 shares, the short-interest ratio is currently 5.2 days. View Telefonaktiebolaget LM Ericsson's Current Options Chain.
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), NTT Docomo (DCM), Nokia Oyj (NOK), Motorola Solutions (MSI), L3 Technologies (LLL), Commscope (COMM), Ubiquiti Networks (UBNT), Echostar (SATS), ARRIS International (ARRS), ViaSat (VSAT), Maxar Technologies (MAXR), Mitel Networks (MITL), Loral Space & Communications Ltd. (LORL) and Casa Systems (CASA).
Who are Telefonaktiebolaget LM Ericsson's key executives?
Telefonaktiebolaget LM Ericsson's management team includes the folowing people:
- Mr. Börje E. Ekholm MSc, MBA, CEO, Pres & 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 of Investor Relations (Age 53)
Has Telefonaktiebolaget LM Ericsson been receiving favorable news coverage?
News coverage about ERIC stock has been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Telefonaktiebolaget LM Ericsson earned a media and rumor sentiment score of 0.10 on Accern's scale. They also gave news coverage about the communications equipment provider an impact score of 47.47 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Telefonaktiebolaget LM Ericsson.
Who are Telefonaktiebolaget LM Ericsson's major shareholders?
Telefonaktiebolaget LM Ericsson's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Brandes Investment Partners LP (0.15%), FMR LLC (0.14%), Morgan Stanley (0.14%), Renaissance Technologies LLC (0.13%), Bank of America Corp DE (0.04%) and Millennium Management LLC (0.03%).
Which major investors are selling Telefonaktiebolaget LM Ericsson stock?
ERIC stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Brandes Investment Partners LP, Dimensional Fund Advisors LP, Bank of Montreal Can, Oppenheimer Asset Management Inc., World Asset Management Inc, CIBC World Markets Inc. and Raymond James & Associates.
Which major investors are buying Telefonaktiebolaget LM Ericsson stock?
ERIC stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, FMR LLC, Millennium Management LLC, Bank of America Corp DE, Caption Management LLC, Quantitative Systematic Strategies LLC, Sei Investments Co. and Eqis Capital Management Inc..
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 $7.76.
How big of a company is Telefonaktiebolaget LM Ericsson?
Telefonaktiebolaget LM Ericsson has a market capitalization of $25.84 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.
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.
