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

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$9.35 +0.01 (+0.11 %)
(As of 02/17/2019 04:00 PM ET)
Previous Close$9.35
Today's Range$9.29 - $9.42
52-Week Range$6.00 - $9.45
Volume4.90 million shs
Average Volume6.14 million shs
Market Capitalization$31.17 billion
P/E Ratio311.67
Dividend Yield0.75%
Beta0.53
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

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$0.3178 per share
Book Value$3.03 per share

Profitability

Net Income$-752,010,000.00

Miscellaneous

Employees100,735
Outstanding Shares3,334,150,000
Market Cap$31.17 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) posted its earnings results on Friday, January, 25th. The communications equipment provider reported ($0.09) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.13 by $0.22. The communications equipment provider had revenue of $63.80 billion for the quarter, compared to analysts' expectations of $61.50 billion. Telefonaktiebolaget LM Ericsson had a positive return on equity of 1.32% and a negative net margin of 2.91%. Telefonaktiebolaget LM Ericsson's quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($1.19) 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 Friday, April 19th 2019. View Earnings Estimates for Telefonaktiebolaget LM Ericsson.

What price target have analysts set for ERIC?

10 equities research analysts have issued 1 year price targets for Telefonaktiebolaget LM Ericsson's stock. Their forecasts range from $7.00 to $9.00. On average, they expect Telefonaktiebolaget LM Ericsson's stock price to reach $8.1750 in the next twelve months. This suggests that the stock has a possible downside of 12.6%. 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 7 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 coverage about ERIC stock has trended negative on Sunday, according to InfoTrie. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Telefonaktiebolaget LM Ericsson earned a news impact score of -2.8 on InfoTrie's scale. They also gave headlines about the communications equipment provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term.

Are investors shorting Telefonaktiebolaget LM Ericsson?

Telefonaktiebolaget LM Ericsson saw a decrease in short interest in January. As of January 15th, there was short interest totalling 9,207,161 shares, a decrease of 15.3% from the December 31st total of 10,874,626 shares. Based on an average daily trading volume, of 5,284,308 shares, the short-interest ratio is currently 1.7 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 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 a number of of retail and institutional investors. Top institutional shareholders include Millennium Management LLC (0.17%), Cavalry Management Group LLC (0.14%), Northern Trust Corp (0.09%), Tairen Capital Ltd (0.08%), Bank of America Corp DE (0.07%) and Masters Capital Management LLC (0.04%).

Which institutional investors are selling Telefonaktiebolaget LM Ericsson stock?

ERIC stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Masters Capital Management LLC, Ulysses Management LLC, Northern Trust Corp, Natixis Advisors L.P., Chesapeake Asset Management LLC, World Asset Management Inc and Jane Street Group LLC.

Which institutional investors are buying Telefonaktiebolaget LM Ericsson stock?

ERIC stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Cavalry Management Group LLC, Tairen Capital Ltd, Bank of America Corp DE, Apertura Capital LLC, Mondrian Capital Management LLC, Chase Investment Counsel Corp and Stifel Financial Corp.

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 $9.35.

How big of a company is Telefonaktiebolaget LM Ericsson?

Telefonaktiebolaget LM Ericsson has a market capitalization of $31.17 billion and generates $24.28 billion in revenue each year. The communications equipment provider earns $-752,010,000.00 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:  454 (Vote Outperform)
Underperform Votes:  684 (Vote Underperform)
Total Votes:  1,138
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 2/17/2019 by MarketBeat.com Staff

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