Telefonaktiebolaget LM Ericsson Class B (ERIC)
NASDAQ:ERIC

Telefonaktiebolaget LM Ericsson (ERIC) Stock Price & Analysis

3,113 Followers

ERIC Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$4.48 - $6.60
Previous Close$4.62
Volume17.56M
Average Volume (3M)8.65M
Market Cap
$15.50B
Enterprise Value$15.30B
Total Cash (Recent Filing)$43.39B
Total Debt (Recent Filing)$42.78B
Price to Earnings (P/E)13.5
Beta1.04
Jan 23, 2024
0.17 (3.77%)
Share Statistics
EPS (TTM)0.77
Shares Outstanding3,334,151,735
10 Day Avg. Volume15,405,826
30 Day Avg. Volume8,654,640
Standard Deviation0.08
R-Squared0.15
Alpha-0.00900
Financial Highlights & Ratios
Price to Book (P/B)-15.89
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/Revenue0.08
Enterprise Value/Gross Profit0.14
Enterprise Value/Ebitda0.60
Forecast
Price Target Upside30.36% Upside
Rating ConsensusHold
Number of Analyst Covering2


Financials

Annual

Risk Analysis

Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services

Product Insights

Sorry, No Data Available
There 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 $4.48 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 96 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 Undervalued. Get more investment ideas with TipRanks Premium
          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 3.5%. 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 $0.12.
              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 570M.

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                    Telefonaktiebolaget LM Ericsson Stock Smart Score

                    The Telefonaktiebolaget LM Ericsson stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                    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

                    Name
                    Market Value
                    Smart Score
                    Defiance Next Gen Connectivity ETF
                    $8.53M
                    8
                    Unusual Whales Subversive Democratic Trading ETF
                    $405.72
                    8
                    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

                    Forecast EPS vs Actual EPS


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