NASDAQ:ERIC Telefonaktiebolaget LM Ericsson (publ) (ERIC) Stock Price, News & Analysis $7.99 -0.09 (-1.11%) (As of 11/13/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Telefonaktiebolaget LM Ericsson (publ) Stock (NASDAQ:ERIC) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get ERIC alerts:Sign Up Key Stats Today's Range$7.98▼$8.0750-Day Range$7.22▼$8.5952-Week Range$4.75▼$8.62Volume17.91 million shsAverage Volume16.70 million shsMarket Capitalization$26.63 billionP/E RatioN/ADividend Yield2.13%Price Target$6.70Consensus RatingReduce Company OverviewTelefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other. The Networks segment offers radio access network (RAN) solutions for various network spectrum bands, including purpose-built and open RAN-prepared hardware and software. This segment also provides cloud RAN; transport solutions; passive and active antennas; and a range of service portfolios covering network deployment and support. The Cloud Software and Services segment offers core networks, business and operational support systems, network design and optimization, and managed network services. The Enterprise segment offers a global communications platform, including cloud-based unified communications as a service, contact center as a service, and communications platform as a service; enterprise wireless solutions comprising private wireless networks and wireless wan pre-packaged solutions; and technologies and new business solutions, such as mobile financial services, security solutions, and advertising services. The Other segment includes Redbee media that prepares and distributes live and video services for broadcasters, sports leagues, and communications service providers. It offers its services through wholesalers and distributors. The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.Read More… Central Bank Abandons USD (Ad)Startling new evidence shows the U.S. Central Bank is abandoning the currency we’ve relied on for centuries – the United States Dollar… And placing a ‘quiet bet’ on a new type of currency… Gold. Click here now to get your free 'Protect Your Wealth' Guide. Telefonaktiebolaget LM Ericsson (publ) Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks21st Percentile Overall ScoreERIC MarketRank™: Telefonaktiebolaget LM Ericsson (publ) scored higher than 21% of companies evaluated by MarketBeat, and ranked 588th out of 658 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion0.9 / 5Analyst RatingReduce Consensus RatingTelefonaktiebolaget LM Ericsson (publ) has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on 1 buy rating, 1 hold rating, and 2 sell ratings.Amount of Analyst CoverageTelefonaktiebolaget LM Ericsson (publ) has only been the subject of 1 research reports in the past 90 days.Read more about Telefonaktiebolaget LM Ericsson (publ)'s stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings Growth13.04% Earnings GrowthEarnings for Telefonaktiebolaget LM Ericsson (publ) are expected to grow by 13.04% in the coming year, from $0.46 to $0.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Telefonaktiebolaget LM Ericsson (publ) is -266.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Telefonaktiebolaget LM Ericsson (publ) is -266.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioTelefonaktiebolaget LM Ericsson (publ) has a P/B Ratio of 3.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Telefonaktiebolaget LM Ericsson (publ)'s valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.97% of the float of Telefonaktiebolaget LM Ericsson (publ) has been sold short.Short Interest Ratio / Days to CoverTelefonaktiebolaget LM Ericsson (publ) has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Telefonaktiebolaget LM Ericsson (publ) has recently increased by 11.50%, indicating that investor sentiment is decreasing significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldTelefonaktiebolaget LM Ericsson (publ) pays a meaningful dividend of 2.13%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTelefonaktiebolaget LM Ericsson (publ) does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Telefonaktiebolaget LM Ericsson (publ) will have a dividend payout ratio of 32.69% next year. This indicates that Telefonaktiebolaget LM Ericsson (publ) will be able to sustain or increase its dividend.Read more about Telefonaktiebolaget LM Ericsson (publ)'s dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted0.97% of the float of Telefonaktiebolaget LM Ericsson (publ) has been sold short.Short Interest Ratio / Days to CoverTelefonaktiebolaget LM Ericsson (publ) has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Telefonaktiebolaget LM Ericsson (publ) has recently increased by 11.50%, indicating that investor sentiment is decreasing significantly. News and Social Media2.7 / 5News Sentiment0.93 News SentimentTelefonaktiebolaget LM Ericsson (publ) has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Telefonaktiebolaget LM Ericsson (publ) this week, compared to 5 articles on an average week.Search Interest7 people have searched for ERIC on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Telefonaktiebolaget LM Ericsson (publ) to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Company Ownership0.0 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Telefonaktiebolaget LM Ericsson (publ) insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 7.99% of the stock of Telefonaktiebolaget LM Ericsson (publ) is held by institutions.Read more about Telefonaktiebolaget LM Ericsson (publ)'s insider trading history. Receive ERIC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Telefonaktiebolaget LM Ericsson (publ) and its competitors with MarketBeat's FREE daily newsletter. Email Address ERIC Stock News Headlines3 More Stocks to Buy Before the Election ChaosNovember 3, 2024 | investorplace.comTelefonaktiebolaget LM Ericsson DRC (E1RI34)November 1, 2024 | investing.comBreaking News: Tesla headed to $500…That headline hit late last night…and the rally has begun Which is why we want to urge you to go ahead and download Lance’s e-Book now outlining his bullish case for Tesla. November 13, 2024 | WealthPress (Ad)Ericsson targets high-performing programmable networks with new 5G Advanced softwareOctober 31, 2024 | prnewswire.comEricsson announces change to the Executive TeamOctober 29, 2024 | prnewswire.comEricsson and MasOrange partner on European-first open programmable network integrationOctober 29, 2024 | prnewswire.comEricsson signs 5G ORAN deal with Spain's MasOrangeOctober 29, 2024 | reuters.comJ.P. Morgan Sticks to Their Hold Rating for Telefonaktiebolaget LM Ericsson (ERIC)October 22, 2024 | markets.businessinsider.comSee More Headlines ERIC Stock Analysis - Frequently Asked Questions How have ERIC shares performed this year? Telefonaktiebolaget LM Ericsson (publ)'s stock was trading at $6.30 on January 1st, 2024. Since then, ERIC shares have increased by 26.8% and is now trading at $7.99. View the best growth stocks for 2024 here. How were Telefonaktiebolaget LM Ericsson (publ)'s earnings last quarter? Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) announced its quarterly earnings data on Tuesday, October, 15th. The communications equipment provider reported $0.11 EPS for the quarter, beating the consensus estimate of $0.09 by $0.02. The communications equipment provider had revenue of $5.93 billion for the quarter, compared to analyst estimates of $5.73 billion. Telefonaktiebolaget LM Ericsson (publ) had a negative net margin of 0.47% and a positive trailing twelve-month return on equity of 13.31%. Does Telefonaktiebolaget LM Ericsson (publ) have any subsidiaries? Telefonaktiebolaget LM Ericsson (publ) subsidiaries include CradlePoint, Genaker, CENX, Allolio&Konrad, Ericpol, NodePrime, FYI Television, and others. Who are Telefonaktiebolaget LM Ericsson (publ)'s major shareholders? Top institutional shareholders of Telefonaktiebolaget LM Ericsson (publ) include Primecap Management Co. CA (1.43%), FMR LLC (0.07%), Gateway Investment Advisers LLC (0.03%) and Natixis Advisors LLC (0.02%). How do I buy shares of Telefonaktiebolaget LM Ericsson (publ)? Shares of ERIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Telefonaktiebolaget LM Ericsson (publ) own? Based on aggregate information from My MarketBeat watchlists, some other companies that Telefonaktiebolaget LM Ericsson (publ) investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH). Company Calendar Ex-Dividend for 10/2 Dividend10/02/2024Dividend Payable10/02/2024Last Earnings10/15/2024Today11/13/2024Fiscal Year End12/31/2024Next Earnings (Estimated)1/28/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Radio & t.v. communications equipment Sub-IndustryN/A Current SymbolNASDAQ:ERIC CUSIPN/A CIK717826 Webwww.ericsson.com Phone(610) 719-0000Fax46-8719-4222Employees99,952Year Founded1876Price Target and Rating Average Stock Price Target$6.70 High Stock Price Target$6.70 Low Stock Price Target$6.70 Potential Upside/Downside-16.4%Consensus RatingReduce Rating Score (0-4)1.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.03) Trailing P/E RatioN/A Forward P/E Ratio17.41 P/E GrowthN/ANet Income$-2,493,860,000.00 Net Margins-0.47% Pretax Margin-0.15% Return on Equity13.31% Return on Assets4.33% Debt Debt-to-Equity Ratio0.39 Current Ratio1.19 Quick Ratio0.95 Sales & Book Value Annual Sales$24.83 billion Price / Sales1.08 Cash Flow$0.76 per share Price / Cash Flow10.57 Book Value$2.46 per share Price / Book3.26Miscellaneous Outstanding Shares3,332,670,000Free FloatN/AMarket Cap$26.69 billion OptionableOptionable Beta0.81 Social Links A Beginner's Guide to Investing in CannabisUnlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.Get This Free Report This page (NASDAQ:ERIC) was last updated on 11/13/2024 by MarketBeat.com Staff From Our PartnersBill Gates’s Next Big AI Bet: StargateIn February 2016… when almost nobody was talking about artificial intelligence…. I picked Nvidia as one of ...Brownstone Research | SponsoredThe Crypto That’s Making Wall Street SweatThe Crypto Wall Street Is Desperate to Hide It's happening now, right under everyone's radar. Big tech gian...Crypto 101 Media | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredUnveiled: NVIDIA’s "Secret Royalty" ProgramDid you know that there's an investment that will give you the opportunity to collect "royalties" every time N...Behind the Markets | SponsoredTrump won. Buy this coin now.Juan Villaverde called the top and bottom of every crypto bull market since 2012. He believes Bitcoin will ...Weiss Ratings | SponsoredYou just voted for a financial crisisI’d like to share with you my #1 high-conviction stock to buy before Inauguration Day… and details on the asse...Porter & Company | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | Sponsored24/7 Automated Profits in CryptoWhat if you could make consistent daily profits in crypto with minimal effort? Beyond trading lies a vast w...Crypto Swap Profits | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Telefonaktiebolaget LM Ericsson (publ) Please log in to your account or sign up in order to add this asset to your watchlist. Share Telefonaktiebolaget LM Ericsson (publ) With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.