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Ericsson/$ERIC
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About Ericsson
Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.
Ticker
$ERIC
Sector
Trading on
Industry
Communications Equipment
Headquarters
Stockholm, Sweden
Employees
95,984
Website
Ericsson Metrics
BasicAdvanced
$28B
Market cap
-
P/E ratio
-$0.04
EPS
0.39
Beta
$0.17
Dividend rate
2.06%
Dividend yield
Price and volume
Market cap
$28B
Beta
0.39
52-week high
$8.54
52-week low
$4.77
Average daily volume
18M
Dividend rate
$0.17
Financial strength
Current ratio
1.194
Quick ratio
0.95
Long term debt to equity
44.861
Total debt to equity
50.989
Interest coverage (TTM)
10.39%
Management effectiveness
Return on assets (TTM)
4.54%
Return on equity (TTM)
-1.15%
Valuation
Price to revenue (TTM)
1.232
Price to book
3.51
Price to tangible book (TTM)
11.41
Price to free cash flow (TTM)
7.717
Dividend yield (TTM)
2.04%
Forward dividend yield
2.06%
Growth
Revenue change (TTM)
-11.03%
Earnings per share change (TTM)
-94.25%
3-year revenue growth (CAGR)
2.30%
3-year earnings per share growth (CAGR)
-59.20%
3-year dividend per share growth (CAGR)
10.52%
What the Analysts think about Ericsson
Analyst Ratings
Analyst ratings (Buy, Hold, Sell) for Ericsson stock.
Ericsson Financial Performance
Income Statement
Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
Ericsson Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Ericsson News
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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.
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FAQs
What’s the current market cap for Ericsson stock?
Ericsson (ERIC) has a market cap of $28B as of December 11, 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 December 11, 2024.
Does Ericsson stock pay dividends?
Yes, the Ericsson (ERIC) stock pays dividends to shareholders. As of December 11, 2024, the dividend rate is $0.16989 and the yield is 2.06%. 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 0.39. 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.