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Telefonaktiebolaget LM Ericsson Class B (ERIC)
NASDAQ:ERIC
RESEARCH TOOLSreports
Telefonaktiebolaget LM Ericsson (ERIC) Stock Price & Analysis
3,123 Followers
ERIC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.33 - $6.60
Previous Close$5.02
Volume16.05M
Average Volume (3M)9.31M
Market Cap
$16.62B
Enterprise Value$16.41B
Total Cash (Recent Filing)kr43.39B
Total Debt (Recent Filing)kr42.78B
Price to Earnings (P/E)6.5
Beta1.08
Next Earnings
Jan 23, 2024EPS Estimate
$0.1Last Dividend Ex-Date
Sep 28, 2023Dividend Yield
0.17 (3.37%)Share Statistics
EPS (TTM)0.77
Shares Outstanding3,334,151,735
10 Day Avg. Volume7,610,953
30 Day Avg. Volume9,310,965
Standard Deviation0.08
R-Squared0.18
Alpha-0.00962
Financial Highlights & Ratios
Price to Book (P/B)-16.75
Price to Sales (P/S)0.06
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$4.90Price Target Upside-2.39% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering2
Telefonaktiebolaget LM Ericsson News
Ownership Overview
0.00%
Insiders
4.23% Mutual Funds
7.54% Other Institutional Investors
88.23% Public Companies and Individual Investors
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 $4.33 and its highest was $6.60 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 23, 2024 which is in 50 days.
How were Telefonaktiebolaget LM Ericsson Class B’s earnings last quarter?
Telefonaktiebolaget LM Ericsson Class B released its earnings results on Oct 17, 2023. The company reported -$0.844 earnings per share for the quarter, missing the consensus estimate of $0.039 by -$0.883.
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 $0.08 which represents an annual dividend yield of 3.32%. 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 $0.1.
How many shares outstanding does Telefonaktiebolaget LM Ericsson Class B have?
Telefonaktiebolaget LM Ericsson Class B has 3,082,395,800 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 -$0.844 in its last earnings report, missing expectations of $0.039. Following the earnings report the stock price went down -2.941%.
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 690M.
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Telefonaktiebolaget LM Ericsson Stock Smart Score
Neutral
1
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4
5
6
7
8
9
10
Analyst Consensus
Moderate Sell
Average Price Target:
$4.90 (-2.39% Downside)
$4.90 (-2.39% Downside)
Blogger Sentiment
Bullish
ERIC Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 26.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.5%
Last 30 Days ▼ 2.5%
Last 30 Days ▼ 2.5%
News Sentiment
Negative
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-20.44%
12-Months-Change
Fundamentals
Return on Equity
-19.63%
Trailing 12-Months
Asset Growth
-13.36%
Trailing 12-Months
Learn more about TipRanks Smart Score
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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Top 5 ETFs holding ERIC
Global X Artificial Intelligence & Technology ETF
$2.41M
Unusual Whales Subversive Democratic Trading ETF
$410.76
Up to five ETFs with an Outperform Smart Score that hold ERIC. The ETFs are listed according to market value of ERIC within the ETF
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