NASDAQ:ERIC - Telefonaktiebolaget LM Ericsson Stock Price, News, & Analysis

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$8.98 -0.22 (-2.39 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$9.20
Today's Range$8.9650 - $9.13
52-Week Range$6.00 - $9.45
Volume6.26 million shs
Average Volume5.73 million shs
Market Capitalization$30.57 billion
P/E Ratio-19.11
Dividend Yield0.80%
Beta0.77
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) has a strategic partnership with the Fujitsu Limited to deliver 5G network solutions and related services. The company was founded in 1876 and is headquartered in Stockholm, Sweden.

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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-19.11
Forward P/E Ratio32.07
P/E GrowthN/A

Sales & Book Value

Annual Sales$23.60 billion
Price / Sales1.27
Cash Flow$0.2747 per share
Price / Cash Flow32.69
Book Value$3.52 per share
Price / Book2.55

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$30.57 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 results on Thursday, October, 18th. The communications equipment provider reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.04 by $0.08. The communications equipment provider had revenue of $6.42 billion for the quarter, compared to analyst estimates of $5.63 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?

Telefonaktiebolaget LM Ericsson is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for Telefonaktiebolaget LM Ericsson.

What price target have analysts set for ERIC?

10 Wall Street analysts have issued twelve-month price objectives for Telefonaktiebolaget LM Ericsson's shares. Their forecasts range from $7.00 to $9.00. On average, they expect Telefonaktiebolaget LM Ericsson's share price to reach $8.1750 in the next twelve months. This suggests that the stock has a possible downside of 9.0%. 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?

News headlines about ERIC stock have trended somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Telefonaktiebolaget LM Ericsson earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned news stories about the communications equipment provider a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the company's share price in the next several days.

Are investors shorting Telefonaktiebolaget LM Ericsson?

Telefonaktiebolaget LM Ericsson saw a drop in short interest in the month of November. As of November 30th, there was short interest totalling 13,674,387 shares, a drop of 12.1% from the November 15th total of 15,550,331 shares. Based on an average daily volume of 3,916,123 shares, the days-to-cover ratio is presently 3.5 days. View Telefonaktiebolaget LM Ericsson's Current Options Chain.

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

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 institutional and retail investors. Top institutional shareholders include Primecap Management Co. CA (3.98%), Morgan Stanley (0.15%), Renaissance Technologies LLC (0.13%), FMR LLC (0.11%), JPMorgan Chase & Co. (0.09%) and JPMorgan Chase & Co. (0.09%).

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., Verition Fund Management LLC, Renaissance Technologies LLC, Trexquant Investment LP, Seven Eight Capital LP and World Asset Management Inc.

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, Morgan Stanley, CI Investments Inc., CI Investments Inc. and Jane Street Group LLC.

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 $8.98.

How big of a company is Telefonaktiebolaget LM Ericsson?

Telefonaktiebolaget LM Ericsson has a market capitalization of $30.57 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?

The official website for Telefonaktiebolaget LM Ericsson is http://www.ericsson.com.

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)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  449 (Vote Outperform)
Underperform Votes:  672 (Vote Underperform)
Total Votes:  1,121
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.
This page was last updated on 12/15/2018 by MarketBeat.com Staff

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