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

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$10.12 +0.02 (+0.20 %)
(As of 04/24/2019 01:50 PM ET)
Previous Close$10.10
Today's Range$10.09 - $10.15
52-Week Range$7.16 - $10.46
Volume192,932 shs
Average Volume6.04 million shs
Market Capitalization$33.74 billion
P/E Ratio337.17
Dividend Yield0.69%
Beta0.52
Telefonaktiebolaget LM Ericsson (publ) provides information and communications technology solutions for service providers. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business 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 business support systems, operations support systems, cloud core, cloud communication, network functions virtualization, and cloud infrastructure, as well as consulting, learning, and testing services. The Managed Services segment provides vendor agnostic services, including networks and IT managed, application development and modernization, and network design and optimization services to manage service providers networks. The Emerging Business and Other segment consists of emerging businesses; iconectiv that offers software-based interconnection solutions; media solutions; and Red Bee Media, which consists of technology enabled services to manage the play-out platform for broadcasters and content owners. It operates in Europe and Latin America, the Middle East and Africa, North America, North East Asia, South East Asia, Oceania, and India. The company was founded in 1876 and is headquartered in Stockholm, Sweden.

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Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:ERIC
CUSIPN/A
Phone46-1-071-900-00

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$24.28 billion
Cash Flow$0.3002 per share
Book Value$2.77 per share

Profitability

Net Income$-751,600,000.00

Miscellaneous

Employees100,735
Outstanding Shares3,334,150,000
Market Cap$33.74 billion
Next Earnings Date7/17/2019 (Estimated)
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) posted its quarterly earnings results on Wednesday, April, 17th. The communications equipment provider reported $0.09 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.04 by $0.05. The communications equipment provider had revenue of $48.90 billion for the quarter, compared to analysts' expectations of $48.35 billion. Telefonaktiebolaget LM Ericsson had a positive return on equity of 3.79% and a negative net margin of 1.46%. Telefonaktiebolaget LM Ericsson's quarterly revenue was up 12.7% on a year-over-year basis. During the same period last year, the firm earned $0.11 earnings per share. 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 17th 2019. View Earnings Estimates for Telefonaktiebolaget LM Ericsson.

What price target have analysts set for ERIC?

8 Wall Street analysts have issued 12-month price targets for Telefonaktiebolaget LM Ericsson's stock. Their forecasts range from $8.00 to $10.00. On average, they anticipate Telefonaktiebolaget LM Ericsson's share price to reach $8.9250 in the next twelve months. This suggests that the stock has a possible downside of 11.8%. View Analyst Price Targets for Telefonaktiebolaget LM Ericsson.

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

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Telefonaktiebolaget LM Ericsson in the last year. There are currently 6 hold ratings and 2 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?

Media headlines about ERIC stock have been trending somewhat negative this week, according to InfoTrie. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Telefonaktiebolaget LM Ericsson earned a coverage optimism score of -1.4 on InfoTrie's scale. They also assigned media stories about the communications equipment provider a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the near future.

Are investors shorting Telefonaktiebolaget LM Ericsson?

Telefonaktiebolaget LM Ericsson saw a decline in short interest in the month of March. As of March 15th, there was short interest totalling 6,761,010 shares, a decline of 33.5% from the February 28th total of 10,172,666 shares. Based on an average trading volume of 4,077,242 shares, the days-to-cover ratio is currently 1.7 days. View Telefonaktiebolaget LM Ericsson's Current Options Chain.

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

What other stocks do shareholders of Telefonaktiebolaget LM Ericsson own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Telefonaktiebolaget LM Ericsson investors own include Nokia Oyj (NOK), Intel (INTC), Advanced Micro Devices (AMD), Micron Technology (MU), QUALCOMM (QCOM), NVIDIA (NVDA), Cisco Systems (CSCO), General Electric (GE), Netflix (NFLX) and Starbucks (SBUX).

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 56)
  • Mr. Carl Mellander, Sr. VP, CFO and Head of Group Function Fin. & Common Functions (Age 55)
  • 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 54)

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 shareholders include Eqis Capital Management Inc. (0.01%), Investors Research Corp (0.00%), Contravisory Investment Management Inc. (0.00%) and Canton Hathaway LLC (0.00%).

Which major investors are selling Telefonaktiebolaget LM Ericsson stock?

ERIC stock was sold by a variety of institutional investors in the last quarter, including Investors Research Corp.

Which major investors are buying Telefonaktiebolaget LM Ericsson stock?

ERIC stock was acquired by a variety of institutional investors in the last quarter, including Eqis Capital Management Inc., Contravisory Investment Management Inc. and Canton Hathaway 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 $10.12.

How big of a company is Telefonaktiebolaget LM Ericsson?

Telefonaktiebolaget LM Ericsson has a market capitalization of $33.74 billion and generates $24.28 billion in revenue each year. The communications equipment provider earns $-751,600,000.00 in net income (profit) each year or $0.03 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:  463 (Vote Outperform)
Underperform Votes:  696 (Vote Underperform)
Total Votes:  1,159
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 4/24/2019 by MarketBeat.com Staff

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