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 - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:ERIC
- CUSIP: N/A
- Web: www.ericsson.com
Capitalization:- Market Cap: $20.61 billion
- Outstanding Shares: 3,276,003,000
Average Prices:- 52 Week Range: $4.83 - $7.55
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 17.00
- P/E Growth: 0.85
Sales & Book Value:- Annual Revenue: $25.58 billion
- Price / Sales: 0.81
- Book Value: $4.52 per share
- Price / Book: 1.39
Dividend:- Annual Dividend: $0.07
- Dividend Yield: 1.8%
Profitability:- EBIDTA: $930.84 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: 5.67 million shs.
- Beta: 1.07
- Short Ratio: 3.28
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 declared 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 of this dividend is Thursday, March 30th. View Ericsson's Dividend History.
How were Ericsson's earnings last quarter?
Ericsson (NASDAQ:ERIC) announced its quarterly earnings results on Tuesday, July, 18th. The company reported $0.02 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.05 by $0.03. The company earned $49.90 billion during the quarter, compared to the consensus estimate of $50.66 billion. Ericsson had a negative net margin of 6.40% and a negative return on equity of 3.16%. The business's revenue was down 7.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.83 earnings per share. View Ericsson's Earnings History.
Where is Ericsson's stock going? Where will Ericsson's stock price be in 2017?
17 analysts have issued 12 month price objectives for Ericsson's shares. Their predictions range from $3.00 to $7.80. On average, they anticipate Ericsson's share price to reach $5.95 in the next twelve months. View Analyst Ratings for Ericsson.
Are investors shorting Ericsson?
Ericsson saw a increase in short interest in the month of June. As of June 15th, there was short interest totalling 17,741,013 shares, an increase of 36.6% from the May 31st total of 12,987,824 shares. Based on an average daily trading volume, of 4,088,866 shares, the short-interest ratio is presently 4.3 days.
Who are some of Ericsson's key competitors?
Some companies that are related to Ericsson include Motorola Solutions (MSI), Harris Corporation (HRS), Arista Networks (ANET), Alcatel Lucent SA (ALU), CommScope Holding Company (COMM), EchoStar Corporation (SATS), ARRIS International PLC (ARRS), Brocade Communications Systems (BRCD), Lumentum Holdings (LITE), ViaSat (VSAT), Ciena Corporation (CIEN), Belden (BDC), Finisar Corporation (FNSR), InterDigital (IDCC), Viavi Solutions (VIAV), West Corporation (WSTC), Infinera Corporation (INFN) 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, Senior Vice President, Chief Strategy Officer, Head of Technology & Emerging Business at Ericsson, Acting Head of Market Area North America
- 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 variety of of institutional and retail investors. Top institutional shareholders include
CEVIAN CAPITAL II GP LTD
(6.03%),
CEVIAN CAPITAL II GP LTD
(5.57%),
CEVIAN CAPITAL II GP LTD
(5.57%), Aperio Group LLC (0.00%), Financial & Investment Management Group Ltd. (0.00%) and Capstone Asset Management Co. (0.00%). View Institutional Ownership Trends for Ericsson.
Who sold Ericsson stock? Who is selling Ericsson stock?
Ericsson's stock was sold by a variety of institutional investors in the last quarter, including Financial & Investment Management Group Ltd., Fisher Asset Management LLC, Capstone Asset Management Co., Highland Capital Management LLC and Bank of Montreal Can. View Insider Buying and Selling for Ericsson.
Who bought Ericsson stock? Who is buying Ericsson stock?
Ericsson's stock was purchased by a variety of institutional investors in the last quarter, including Aperio Group LLC, Quantitative Systematic Strategies LLC, US Bancorp DE and Boyd Watterson Asset Management LLC OH. View Insider Buying and Selling for Ericsson.
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 $6.29.
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: | 12 Hold Ratings, 5 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.29) |
| Consensus Price Target: | $5.95 (5.41% downside) |
Analysts' Ratings History for Ericsson (NASDAQ:ERIC)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/18/2017 | Canaccord Genuity | Reiterated Rating | Hold | $6.00 | Medium |  |
| 7/18/2017 | J P Morgan Chase & Co | Reiterated Rating | Hold | | 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 | |
| 4/29/2017 | Cowen and Company | Reiterated Rating | Market Perform | $4.00 -> $3.00 | Low | |
| 4/12/2017 | Credit Suisse Group | Upgrade | Underperform -> Neutral | | 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 | |
| 12/15/2016 | Danske | Upgrade | Sell -> Buy | | N/A | |
| 10/21/2016 | DNB Markets | Downgrade | Buy -> Hold | | N/A | |
| 10/15/2016 | BNP Paribas | Reiterated Rating | 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 | |
| 9/25/2015 | Liberum Capital | Upgrade | Hold -> Buy | | N/A | |
(Data available from 7/23/2015 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 |
|---|
| 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: | 1.11% |
| Payout Ratio: | -15.22% (Trailing 12 Months of Earnings)
26.92% (Based on This Year's Estimates)
18.92% (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)
| Source: |
|
| Date | Headline |
|---|
 | Weak RAN Market And Additional Costs Can Weigh On Ericsson's Results Going Forward - Nasdaq
www.nasdaq.com - July 21 at 9:47 PM |
 | Nokia: Ericsson Results Don't Bode Well - Barron's
www.barrons.com - July 21 at 9:47 PM |
 | LM Ericsson Telefon AB :ERIC-US: Earnings Analysis: Q2, 2017 By the Numbers : July 21, 2017
finance.yahoo.com - July 21 at 9:47 PM |
 | Europe slides on Ericsson slump, souring bank mood - Reuters
www.reuters.com - July 20 at 3:54 PM |
 | Ericsson: What Took It So Long?
seekingalpha.com - July 19 at 4:51 PM |
| [$$] Nokia: Ericsson Results Don't Bode Well
finance.yahoo.com - July 19 at 4:50 PM |
| Ericsson CEO Ekholm: ‘The Real Execution Starts Now’
www.barrons.com - July 19 at 1:19 AM |
| Ericsson CEO Ekholm: 'The Real Execution Starts Now'
finance.yahoo.com - July 19 at 1:18 AM |
| Ericsson posts bigger loss than expected in Q2 - Reuters
www.reuters.com - July 18 at 8:18 PM |
| Europe slides on Ericsson slump, souring bank mood - Nasdaq
www.nasdaq.com - July 18 at 8:18 PM |
| Oversold Conditions For Ericsson (ERIC) - Nasdaq.com - Nasdaq
www.nasdaq.com - July 18 at 8:18 PM |
 | Mid-Afternoon Market Update: Netflix Gains Following Q2 Results; Ericsson Shares Plummet - Benzinga
www.benzinga.com - July 18 at 8:18 PM |
 | Why Telefonaktiebolaget LM Ericsson Stock Plunged Today
www.fool.com - July 18 at 8:16 PM |
 | Ericsson (NASDAQ:ERIC) Stock Rating Reaffirmed by J P Morgan Chase & Co
www.americanbankingnews.com - July 18 at 5:31 PM |
 | Why Harley-Davidson Inc (HOG), Tile Shop Hldgs, Inc. (TTS) and Telefonaktiebolaget LM Ericsson (ERIC) Are 3 of Today’s Worst Stocks
investorplace.com - July 18 at 5:16 PM |
| Why Harley-Davidson Inc (HOG), Tile Shop Hldgs, Inc. (TTS) and Telefonaktiebolaget LM Ericsson (ERIC) Are 3 of Today’s Worst Stocks
investorplace.com - July 18 at 5:13 PM |
| Canaccord Genuity Reiterates Hold Rating for Ericsson (ERIC)
www.americanbankingnews.com - July 18 at 4:17 PM |
 | Ericsson warns on shrinking telecoms equipment market
www.ft.com - July 18 at 3:16 PM |
 | European stocks close lower on stalled US health-care reform; Ericsson down 15%; IG Group up 16%
www.cnbc.com - July 18 at 3:16 PM |
 | Ericsson Steps Up Efficiency Plans as Sales Decline
www.wsj.com - July 18 at 3:16 PM |
 | Ericsson second quarter performance was impacted by lower software sales: Pro
www.msn.com - July 18 at 3:16 PM |
 | Ericsson Gets a Big Kick in the Pants
www.bloomberg.com - July 18 at 3:16 PM |
| Ericsson posts bigger loss than expected in Q2
www.reuters.com - July 18 at 3:16 PM |
| Ericsson Misses Q2 Earnings Consensus; Sees Further Full-Year Weakness
finance.yahoo.com - July 18 at 3:16 PM |
| [$$] Ericsson warns on shrinking telecoms equipment market
finance.yahoo.com - July 18 at 3:16 PM |
| Ericsson remains in the red, market outlook darkens
finance.yahoo.com - July 18 at 3:16 PM |
| Ericsson Tumbles 14% on Lower Outlook: Restructuring for Years?
finance.yahoo.com - July 18 at 3:16 PM |
| Ericsson (ERIC) Q2 Earnings Miss, Outlook Grim, Shares Down
finance.yahoo.com - July 18 at 3:16 PM |
| Ericsson reports 2Q loss
finance.yahoo.com - July 18 at 3:16 PM |
| Stock Markets Around the World in Red on Top of Netflix, Ericcson Earnings
finance.yahoo.com - July 18 at 3:16 PM |
| [$$] Ericsson Steps Up Efficiency Plans as Sales Decline
finance.yahoo.com - July 18 at 3:16 PM |
| Ericsson (NASDAQ:ERIC) Posts Earnings Results
www.americanbankingnews.com - July 18 at 3:10 PM |
| Mid-Afternoon Market Update: Netflix Gains Following Q2 Results; Ericsson Shares Plummet
feeds.benzinga.com - July 18 at 3:04 PM |
| Ericsson revenue warning sends shares down 8% - Financial Times
www.ft.com - July 18 at 5:22 AM |
| Ericsson plans more cost cuts as shares plunge after poor Q2
finance.yahoo.com - July 18 at 5:22 AM |
| Ericsson Q2'17 Preview: Not Much In Store For Ericsson Amidst Weak Markets And Inefficient Cost Savings Program - Nasdaq
www.nasdaq.com - July 17 at 7:19 PM |
| Ericsson (ERIC) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - July 17 at 2:20 PM |
| Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Upgraded by BidaskClub to "Strong-Buy"
www.americanbankingnews.com - July 15 at 11:28 PM |
| Ericsson (ERIC) Q2 Earnings: Another Earnings Miss in Store? - Nasdaq
www.nasdaq.com - July 15 at 2:32 AM |
| Ericsson says Cevian's Gardell to join nomination committee
finance.yahoo.com - July 14 at 9:30 PM |
| Ericsson (ERIC) Q2 Earnings: Another Earnings Miss in Store?
finance.yahoo.com - July 14 at 4:26 PM |
| Ericsson says Cevian's Gardell to join nomination committee - Reuters
www.reuters.com - July 14 at 5:46 AM |
| Ericsson Launches Network Services Suite for Commercial IoT
finance.yahoo.com - July 13 at 7:41 PM |
| Ericsson introduces 'massive IoT' network services suite
finance.yahoo.com - July 12 at 12:36 AM |
| Invitation to Media and Analyst Call for Ericsson Q2 2017 Report
finance.yahoo.com - July 11 at 7:33 PM |
| Intel Counterpunches With New Data Center Chips
finance.yahoo.com - July 11 at 7:33 PM |
| Ericsson unveils network services to simplify massive enterprise IoT deployments
finance.yahoo.com - July 11 at 7:33 PM |
| Ericsson Is Struggling to Compete with Huawei
finance.yahoo.com - July 10 at 6:14 PM |
| How Is Ericsson Stock Performing in July 2017?
finance.yahoo.com - July 10 at 6:14 PM |
| Ericsson (NASDAQ:ERIC) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - July 10 at 9:34 AM |
Ericsson (ERIC) Chart for Sunday, July, 23, 2017
