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Telefonaktiebolaget LM Ericsson Class B (ERIC)
NASDAQ:ERIC
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ERIC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.77 - $8.62
Previous Close$8.06
Volume17.40M
Average Volume (3M)16.87M
Market Cap
$26.95B
Enterprise Value$28.58B
Total Cash (Recent Filing)$35.19B
Total Debt (Recent Filing)$54.33B
Price to Earnings (P/E)―
Beta0.94
Next Earnings
Jan 24, 2025EPS Estimate
$0.28Last Dividend Ex-Date
Oct 02, 2024Dividend Yield2.13%
Share Statistics
EPS (TTM)-0.03
Shares Outstanding3,344,151,735
10 Day Avg. Volume14,508,886
30 Day Avg. Volume16,867,447
Standard Deviation0.10
R-Squared0.18
Alpha-0.00420
Financial Highlights & Ratios
Price to Book (P/B)0.27
Price to Sales (P/S)3.80
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.22
Enterprise Value/Gross Profit0.28
Enterprise Value/Ebitda1.81
Forecast
1Y Price Target
$6.60Price Target Upside-18.11% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering2
Telefonaktiebolaget LM Ericsson News
PremiumCompany Announcements
Ericsson Announces Executive Change Amid Strategic ShiftOwnership Overview
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Insiders
4.53% Mutual Funds
5.83% Other Institutional Investors
89.40% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ERIC FAQ
What was Telefonaktiebolaget LM Ericsson Class B’s price range in the past 12 months?
Telefonaktiebolaget LM Ericsson Class B lowest stock price was $4.77 and its highest was $8.62 in the past 12 months.
What is Telefonaktiebolaget LM Ericsson Class B’s market cap?
Currently, no data Available
When is Telefonaktiebolaget LM Ericsson Class B’s upcoming earnings report date?
Telefonaktiebolaget LM Ericsson Class B’s upcoming earnings report date is Jan 24, 2025 which is in 34 days.
How were Telefonaktiebolaget LM Ericsson Class B’s earnings last quarter?
Telefonaktiebolaget LM Ericsson Class B released its earnings results on Oct 15, 2024. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.095 by $0.015.
Is Telefonaktiebolaget LM Ericsson Class B overvalued?
According to Wall Street analysts Telefonaktiebolaget LM Ericsson Class B’s price is currently Overvalued.
Does Telefonaktiebolaget LM Ericsson Class B pay dividends?
Telefonaktiebolaget LM Ericsson Class B pays a Semiannually dividend of $0.132 which represents an annual dividend yield of 2.13%. See more information on Telefonaktiebolaget LM Ericsson Class B dividends here
What is Telefonaktiebolaget LM Ericsson Class B’s EPS estimate?
Telefonaktiebolaget LM Ericsson Class B’s EPS estimate is $0.28.
How many shares outstanding does Telefonaktiebolaget LM Ericsson Class B have?
Telefonaktiebolaget LM Ericsson Class B has 3,086,495,800 shares outstanding.
What happened to Telefonaktiebolaget LM Ericsson Class B’s price movement after its last earnings report?
Telefonaktiebolaget LM Ericsson Class B reported an EPS of $0.11 in its last earnings report, beating expectations of $0.095. Following the earnings report the stock price went up 13.13%.
Which hedge fund is a major shareholder of Telefonaktiebolaget LM Ericsson Class B?
Among the largest hedge funds holding Telefonaktiebolaget LM Ericsson Class B’s share is Hotchkis & Wiley Capital Management LLC. It holds Telefonaktiebolaget LM Ericsson Class B’s shares valued at 883M.
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Telefonaktiebolaget LM Ericsson Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$6.60 (-18.11% Downside)
$6.60 (-18.11% Downside)
Blogger Sentiment
Bullish
ERIC Sentiment 85%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 36.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.8%
Last 30 Days ▲ 7.7%
Last 30 Days ▲ 7.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.33%
12-Months-Change
Fundamentals
Return on Equity
-1.21%
Trailing 12-Months
Asset Growth
-4.68%
Trailing 12-Months
Company Description
Telefonaktiebolaget LM Ericsson Class B
Telefonaktiebolaget LM Ericsson, commonly known as Ericsson, develops and manufactures communication network equipment, and provides telecom services and support solutions. The Company's portfolio includes products for the enterprise, mobile platform, cable, and power module markets.
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ERIC Company Deck
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ERIC Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a strong financial performance in North America and improved margins, but also highlighted challenges in sales growth across other regions, particularly in India and the Enterprise segment. The company's strategic initiatives, such as the JV for network APIs, show promise for future growth, but immediate market conditions remain challenging.Read More>---
ERIC Stock 12 Month Forecast
Average Price Target
$6.60
▼(-18.11% Downside)
Technical Analysis
Best Analysts Covering ERIC
1 Year
1 Year Success Rate
1/2 ratings generated profit
1 Year Average Return
-31.60%
reiterated a sell rating 8 months ago
Copying Didier Scemama's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -31.60% per trade.
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