About Ericsson (NASDAQ:ERIC)
Telefonaktiebolaget LM Ericsson (Ericsson) provides infrastructure, services and software to the telecommunication industry and other sectors. The Company's segments include Networks, IT & Cloud and Media. The Networks segment consists of two business units: Network Products and Network Services. The overall focus is on evolving and managing access networks, including the development of hardware and software for radio access and transport networks. The IT & Cloud business includes two business units: IT & Cloud Products and IT & Cloud Services. The focus in IT & Cloud is to help telecom operators and selected enterprises through the digital transformations ahead. It develops and delivers software-based solutions for television and media and combines a product portfolio that spans the television value chain, with systems integration and managed services. The portfolio includes compression, content publishing through set-top box or pure over-the-top, content delivery and analytics.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Communications & Networking
- Sub-Industry: N/A
- Symbol: NASDAQ:ERIC
- CUSIP: N/A
- Web: www.ericsson.com
Capitalization:- Market Cap: $19.33 billion
- Outstanding Shares: 3,276,003,000
Average Prices:- 50 Day Moving Avg: $5.76
- 200 Day Moving Avg: $6.42
- 52 Week Range: $4.83 - $7.47
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 23.60
- P/E Growth: 13.14
Sales & Book Value:- Annual Revenue: $26.76 billion
- Price / Sales: 0.72
- Book Value: $4.73 per share
- Price / Book: 1.25
Dividend:- Annual Dividend: $0.07
- Dividend Yield: 2.0%
Profitability:- EBITDA: $910.85 million
- Net Margins: -6.40%
- Return on Equity: -3.16%
- Return on Assets: -1.48%
Debt:- Debt-to-Equity Ratio: 0.22%
- Current Ratio: 1.73%
- Quick Ratio: 1.35%
Misc:- Average Volume: 5.24 million shs.
- Beta: 1.07
- Short Ratio: 4.33
Frequently Asked Questions for Ericsson (NASDAQ:ERIC)
What is Ericsson's stock symbol?
Ericsson trades on the NASDAQ under the ticker symbol "ERIC."
How often does Ericsson pay dividends? What is the dividend yield for Ericsson?
Ericsson announced a dividend on Wednesday, March 29th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.068 per share on Friday, March 31st. The ex-dividend date is Thursday, March 30th. View Ericsson's Dividend History.
How were Ericsson's earnings last quarter?
Ericsson (NASDAQ:ERIC) issued its quarterly earnings results on Tuesday, July, 19th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.12 by $0.02. The company earned $6.59 billion during the quarter, compared to analysts' expectations of $6.87 billion. Ericsson had a negative net margin of 6.40% and a negative return on equity of 3.16%. View Ericsson's Earnings History.
When will Ericsson make its next earnings announcement?
Where is Ericsson's stock going? Where will Ericsson's stock price be in 2017?
14 brokerages have issued 12-month price targets for Ericsson's shares. Their predictions range from $3.00 to $7.80. On average, they anticipate Ericsson's share price to reach $5.18 in the next twelve months. View Analyst Ratings for Ericsson.
Are investors shorting Ericsson?
Ericsson saw a increase in short interest during the month of September. As of September 29th, there was short interest totalling 27,900,979 shares, an increase of 25.6% from the September 15th total of 22,215,786 shares. Based on an average daily trading volume, of 10,788,053 shares, the short-interest ratio is presently 2.6 days.
Who are some of Ericsson's key competitors?
Some companies that are related to Ericsson include Harris Corporation (HRS), Motorola Solutions (MSI), Arista Networks (ANET), Alcatel Lucent SA (ALU), CommScope Holding Company (COMM), ARRIS International PLC (ARRS), EchoStar Corporation (SATS), Brocade Communications Systems (BRCD), ViaSat (VSAT), Belden (BDC), Lumentum Holdings (LITE), Ciena Corporation (CIEN), Finisar Corporation (FNSR), InterDigital (IDCC), Viavi Solutions (VIAV), West Corp (WSTC), Acacia Communications (ACIA) and Plantronics (PLT).
Who are Ericsson's key executives?
Ericsson's management team includes the folowing people:
- Leif Johansson, Independent Chairman of the Board
- Borje E. Ekholm, President, Chief Executive Officer, Director
- Helena Stjernholm, Deputy Chairman of the Board
- Jacob Wallenberg, Deputy Chairman of the Board
- Jan Frykhammar, Executive Vice President, Advisor to the Chief Executive Officer
- Magnus Mandersson, Executive Vice President and Advisor to the Chief Executive Officer
- Carl Mellander, Senior Vice President, Finance & Common Functions
- Niklas Heuveldop, Head of Market Area North America, Acting Senior Vice President, Chief Strategy Officer, Head of Technology & Emerging Business
- Helena Norrman, Senior Vice President, Chief Marketing and Communications Officer and Head of Group Function Marketing and Communications
- Nina Macpherson, Senior Vice President, Chief Legal Officer, Head of Group Function Legal Affairs, Secretary to the Board of Directors
Who owns Ericsson stock?
Ericsson's stock is owned by a number of of institutional and retail investors. Top institutional investors include
CEVIAN CAPITAL II GP LTD
(7.03%) and Eqis Capital Management Inc. (0.00%). View Institutional Ownership Trends for Ericsson.
Who bought Ericsson stock? Who is buying Ericsson stock?
How do I buy Ericsson stock?
Shares of Ericsson can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ericsson's stock price today?
One share of Ericsson stock can currently be purchased for approximately $5.90.
MarketBeat Community Rating for Ericsson (NASDAQ ERIC)MarketBeat's community ratings are surveys of what our community members think about Ericsson and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Ericsson (NASDAQ:ERIC) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Sell Ratings, 7 Hold Ratings, 5 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.21) |
| Consensus Price Target: | $5.18 (12.29% downside) |
Consensus Price Target History for Ericsson (NASDAQ:ERIC)
Analysts' Ratings History for Ericsson (NASDAQ:ERIC)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/19/2017 | Cowen and Company | Downgrade | Underperform | | N/A |  |
| 10/3/2017 | Credit Suisse Group | Downgrade | Neutral -> Underperform | $6.00 -> $4.65 | Low | |
| 9/22/2017 | Canaccord Genuity | Lower Price Target | Hold | $6.00 -> $5.25 | Low | |
| 9/21/2017 | BNP Paribas | Upgrade | Neutral -> Outperform | | Low | |
| 8/31/2017 | Danske | Downgrade | Buy -> Hold | | Low | |
| 8/26/2017 | J P Morgan Chase & Co | Reiterated Rating | Neutral | | Low | |
| 6/14/2017 | Societe Generale | Initiated Coverage | Hold | | Low | |
| 6/8/2017 | Citigroup Inc. | Initiated Coverage | Buy -> Buy | | Low | |
| 6/2/2017 | Bank of America Corporation | Reiterated Rating | Buy -> Buy | | Low | |
| 3/29/2017 | Sanford C. Bernstein | Upgrade | Market Perform -> Outperform | | Medium | |
| 3/17/2017 | BMO Capital Markets | Reiterated Rating | Market Perform | | Low | |
| 3/9/2017 | Goldman Sachs Group, Inc. (The) | Upgrade | Sell -> Buy | $5.70 -> $7.80 | Low | |
| 1/28/2017 | Wells Fargo & Company | Reiterated Rating | Market Perform | | N/A | |
| 1/27/2017 | Charter Equity | Upgrade | Mkt Underperform -> Mkt Perform | | N/A | |
| 10/21/2016 | DNB Markets | Downgrade | Buy -> Hold | | N/A | |
| 10/13/2016 | Argus | Reiterated Rating | Hold | | N/A | |
| 10/13/2016 | Natixis | Downgrade | Buy -> Neutral | | N/A | |
| 10/10/2016 | Morgan Stanley | Reiterated Rating | Neutral | | N/A | |
| 7/6/2016 | Barclays PLC | Upgrade | Underweight -> Equal Weight | | N/A | |
| 5/3/2016 | Swedbank | Downgrade | Buy -> Neutral | | N/A | |
| 2/29/2016 | Deutsche Bank AG | Reiterated Rating | Neutral | | N/A | |
| 12/27/2015 | Royal Bank Of Canada | Downgrade | Hold | | N/A | |
(Data available from 10/19/2015 forward)
Earnings History for Ericsson (NASDAQ:ERIC)Earnings History by Quarter for Ericsson (NASDAQ ERIC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/20/2017 | | $0.03 | | | | | N/A | |
| 7/18/2017 | 6/30/2017 | $0.05 | $0.02 | $50.66 billion | $49.90 billion | View | N/A | |
| 4/25/2017 | Q1 | $0.03 | ($0.27) | $47.36 billion | $46.40 billion | View | N/A | |
| 1/26/2017 | Q416 | $0.07 | $0.07 | $6.77 billion | $65.20 billion | View | N/A | |
| 10/21/2016 | Q316 | $0.09 | $0.04 | $51.74 billion | $51.10 billion | View | Listen | |
| 7/19/2016 | Q116 | $0.12 | $0.10 | $6.87 billion | $6.59 billion | View | Listen | |
| 4/21/2016 | Q1 | $0.13 | $0.10 | $54.15 billion | $52.20 billion | View | Listen | |
| 10/23/2015 | Q315 | $0.16 | $0.16 | $60.50 billion | $59.20 billion | View | Listen | |
| 7/17/2015 | Q215 | $0.14 | $0.18 | $6.61 billion | $60.70 billion | View | Listen | |
| 4/23/2015 | Q1 | $0.13 | $0.09 | $53.59 billion | $53.50 billion | View | N/A | |
| 1/27/2015 | Q414 | $0.25 | $0.20 | $70.54 billion | $68.00 billion | View | N/A | |
| 10/24/2014 | Q314 | $0.17 | $0.15 | $7.95 billion | $7.93 billion | View | Listen | |
| 7/18/2014 | Q2 2014 | $0.14 | $0.16 | $52.60 billion | $54.80 billion | View | N/A | |
| 4/23/2014 | Q1 2014 | $0.15 | $0.14 | $51.40 billion | $47.50 billion | View | N/A | |
| 1/31/2014 | Q413 | $0.25 | $0.38 | $10.09 billion | $10.30 billion | View | N/A | |
| 10/24/2013 | | $1.22 | $1.31 | $54.62 billion | $53.00 billion | View | N/A | |
| 7/18/2013 | Q213 | $1.16 | $0.88 | $8.54 billion | $55.30 billion | View | N/A | |
| 4/24/2013 | | $0.93 | $0.99 | $53.05 billion | $52.00 billion | View | N/A | |
| 1/31/2013 | Q412 | $1.20 | $0.36 | $63.70 billion | $66.90 billion | View | N/A | |
| 10/26/2012 | | $0.82 | $1.04 | | | View | N/A | |
| 7/18/2012 | | $0.75 | $0.78 | | | View | N/A | |
| 4/25/2012 | | $0.63 | $0.77 | | | View | N/A | |
| 1/25/2012 | | $1.65 | $0.36 | | | View | N/A | |
| 10/20/2011 | | $1.39 | $1.44 | | | View | N/A | |
| 7/21/2011 | | $1.50 | $0.96 | | | View | N/A | |
| 1/25/2011 | | $1.51 | $1.34 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Ericsson (NASDAQ:ERIC)2017 EPS Consensus Estimate: $0.31
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.04 | $0.04 | $0.04 |
| Q2 2017 | 1 | $0.07 | $0.07 | $0.07 |
| Q3 2017 | 1 | $0.07 | $0.07 | $0.07 |
| Q4 2017 | 1 | $0.13 | $0.13 | $0.13 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Ericsson (NASDAQ:ERIC)| Most Recent Dividend: | 3/31/2017 |
| Annual Dividend: | $0.07 |
| Dividend Yield: | 1.19% |
| Payout Ratio: | -15.22% (Trailing 12 Months of Earnings)
100.00% (Based on This Year's Estimates)
28.00% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Ericsson (NASDAQ ERIC)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/29/2017 | | $0.07 | | 3/30/2017 | 3/31/2017 | 3/31/2017 |
(Data available from 1/1/2013 forward)
Insider Trading History for Ericsson (NASDAQ:ERIC)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Ericsson (NASDAQ:ERIC)
Latest Headlines for Ericsson (NASDAQ:ERIC)
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Ericsson (ERIC) Chart for Thursday, October, 19, 2017
