Ericsson/ERIC

$5.86

-1.84%
-
1D1W1MYTD1YMAX

About Ericsson

Telefonaktiebolaget LM Ericsson (Ericsson) provides infrastructure, services and software to the telecommunication industry and other sectors. The Company's segments include Networks, IT & Cloud and Media. The Networks segment consists of two business units: Network Products and Network Services. The overall focus is on evolving and managing access networks, including the development of hardware and software for radio access and transport networks. The IT & Cloud business includes two business units: IT & Cloud Products and IT & Cloud Services. The focus in IT & Cloud is to help telecom operators and selected enterprises through the digital transformations ahead. It develops and delivers software-based solutions for television and media and combines a product portfolio that spans the television value chain, with systems integration and managed services. The portfolio includes compression, content publishing through set-top box or pure over-the-top, content delivery and analytics.

Ticker

ERIC

Sector

Technology

Trading on

NASDAQ

Industry

Communications Equipment

CEO

E. Boerje Ekholm

Employees

99,140

Headquarters

Stockholm, Sweden

Ericsson Metrics

BasicAdvanced
$20B
Market cap
-
P/E ratio
-$0.72
EPS
0.83
Beta
$0.25
Dividend rate
4.18%
Dividend yield
$20B
0.83009
$6.36
$4.33
17M
$0.25
1.216
0.938
34.777
44.624
4.37%
-7.77%
-21.48%
-13.57%
0.837
1.926
8.603
50.49
4.18%
4.18%
-8.93%
-246.86%
4.26%
10.26%

What the Analysts think about Ericsson

Analyst Ratings

Majority rating from 8 analysts.
Hold

Price Targets

Average projection from 3 analysts.
22.35% downside
High $5.40
Low $3.60
$5.86
Current price
$4.55
Average price target

Ericsson Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
4.79% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
kr 53B
-25.81%
Net income
kr 2.6B
-24.6%
Profit margin
4.79%
1.48%

Ericsson Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 100%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.07
$0.08
$0.16
$0.08
-
Expected
$0.04
$0.07
$0.16
$0.04
$0.05
Surprise
67.5%
11.82%
3.4%
100%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
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FAQs

What’s the current market cap for Ericsson stock?

Ericsson (ERIC) has a market cap of $20B as of May 30, 2024.

What is the P/E ratio for Ericsson stock?

The price to earnings (P/E) ratio for Ericsson (ERIC) stock is 0 as of May 30, 2024.

Does Ericsson stock pay dividends?

Yes, the Ericsson (ERIC) stock pays dividends to shareholders. As of May 30, 2024, the dividend rate is $0.24936 and the yield is 4.18%. Ericsson has a payout ratio of 0% on a trailing twelve-month basis.

When is the next Ericsson dividend payment date?

The next Ericsson (ERIC) dividend payment date is unconfirmed.

What is the beta indicator for Ericsson?

Ericsson (ERIC) has a beta rating of 0.83. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Ericsson stock price target?

The target price for Ericsson (ERIC) stock is $4.55, which is 22.35% below the current price of $5.86. This is an average based on projections from 3 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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