NASDAQ:ERIC - Telefonaktiebolaget LM Ericsson Stock Price, Price Target & More

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$7.6450 -0.01 (-0.13 %)
(As of 07/17/2018 09:47 AM ET)
Previous Close$7.65
Today's Range$7.62 - $7.68
52-Week Range$5.52 - $8.05
Volume340,863 shs
Average Volume4.27 million shs
Market Capitalization$25.77 billion
P/E Ratio-16.27
Dividend Yield0.95%
Beta0.78
Telefonaktiebolaget LM Ericsson logoTelefonaktiebolaget 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.

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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 Ratio1.46
Quick Ratio1.18

Price-To-Earnings

Trailing P/E Ratio-16.27
Forward P/E Ratio42.47
P/E GrowthN/A

Sales & Book Value

Annual Sales$23.60 billion
Price / Sales1.08
Cash Flow$0.2774 per share
Price / Cash27.56
Book Value$3.52 per share
Price / Book2.17

Profitability

EPS (Most Recent Fiscal Year)($0.47)
Net Income$-4,129,660,000.00
Net Margins-12.75%
Return on Equity-4.58%
Return on Assets-1.86%

Miscellaneous

Employees100,735
Outstanding Shares3,334,150,000
Market Cap$25,772.98

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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) released its quarterly earnings data on Friday, April, 20th. The communications equipment provider reported $0.01 earnings per share for the quarter, beating analysts' consensus estimates of ($0.03) by $0.04. The communications equipment provider earned $43.40 billion during the quarter, compared to analyst estimates of $43.59 billion. Telefonaktiebolaget LM Ericsson had a negative net margin of 12.75% and a negative return on equity of 4.58%. Telefonaktiebolaget LM Ericsson's revenue was down 9.2% compared to the same quarter last year. During the same period in the previous year, the business earned ($2.42) EPS. 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, July, 18th 2018. View Earnings Estimates for Telefonaktiebolaget LM Ericsson.

What price target have analysts set for ERIC?

11 equities research analysts have issued 1 year target prices for Telefonaktiebolaget LM Ericsson's shares. Their predictions 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 22.7%. View Analyst Ratings for Telefonaktiebolaget LM Ericsson.

What is the consensus analysts' recommendation for Telefonaktiebolaget LM Ericsson?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Telefonaktiebolaget LM Ericsson in the last year. There are currently 2 sell ratings, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about Telefonaktiebolaget LM Ericsson stock?

Here are some recent quotes from research analysts about Telefonaktiebolaget LM Ericsson stock:
  • 1. According to Zacks Investment Research, "Ericsson intends to seize business opportunities as operators shift toward 4G deployments and prepare grounds for the 5G revolution. The company continues to intensify its cost-streamlining efforts, with focus on structural changes to help generate lasting efficiency gains. The company believes that standardization of 5G is the cornerstone for digitalization of industries as well as broadband. The stock has also outperformed the industry in the past three months on an average. However, Ericsson continues to struggle amid challenging market conditions and all-pervasive demand weakness. Persistent low investments in mobile broadband in certain markets and lower managed services sales have harmed the sales of Networks segment, while lower legacy product sales have hurt IT & Cloud revenues. Further, spectrum crunch has become a major issue in the U.S. telecom industry that has a saturated wireless market." (7/14/2018)
  • 2. Canaccord Genuity analysts commented, "KMB printed a low-quality 3Q EPS beat ($1.60 vs. $1.54), incl. modest org sales growth (low end of flat/+1% mkt expectations, +1.7% Street), a GM % miss, and $0.08 from other inc./lower taxes. KMB maintained its (ambitious) FY17 org sales guide of flat/up modestly and EPS guide at low-end of $6.20-$6.35 range (Street $6.20)." (10/23/2017)

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, 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?

Media coverage about ERIC stock has been trending somewhat positive on Tuesday, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring 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 nearest to one being the most favorable. Telefonaktiebolaget LM Ericsson earned a coverage optimism score of 0.09 on Accern's scale. They also assigned press coverage about the communications equipment provider an impact score of 47.00 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

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 Bank of Montreal Can (0.00%). View Institutional Ownership Trends for Telefonaktiebolaget LM Ericsson.

Which institutional investors are selling Telefonaktiebolaget LM Ericsson stock?

ERIC stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can. View Insider Buying and Selling for Telefonaktiebolaget LM Ericsson.

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 $7.6450.

How big of a company is Telefonaktiebolaget LM Ericsson?

Telefonaktiebolaget LM Ericsson has a market capitalization of $25.77 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)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  407 (Vote Outperform)
Underperform Votes:  619 (Vote Underperform)
Total Votes:  1,026
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 7/17/2018 by MarketBeat.com Staff

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