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Telefonaktiebolaget LM Ericsson NasdaqGS:ERIC Stock Report

Last Price

US$8.18

Market Cap

US$27.3b

7D

2.4%

1Y

63.3%

Updated

27 Nov, 2024

Data

Company Financials +

Telefonaktiebolaget LM Ericsson (publ)

NasdaqGS:ERIC Stock Report

Market Cap: US$27.3b

ERIC Stock Overview

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. More details

ERIC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends2/6

Telefonaktiebolaget LM Ericsson (publ) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Telefonaktiebolaget LM Ericsson
Historical stock prices
Current Share PriceSEK 8.18
52 Week HighSEK 8.62
52 Week LowSEK 4.77
Beta0.31
11 Month Change-4.77%
3 Month Change10.09%
1 Year Change63.27%
33 Year Change-18.36%
5 Year Change-11.66%
Change since IPO579.90%

Recent News & Updates

Q3 2024 Earnings: Hold Ericsson

Oct 15

Recent updates

Q3 2024 Earnings: Hold Ericsson

Oct 15

One Better-Than-Expected Quarter Doesn't Solve Ericsson's Problems

Aug 18

Ericsson Off The Bottom, But Hardly Thriving

Jun 25

Ericsson: An Earnings Review Following Q1 2024

Apr 16

Ericsson: A Risky Low-Valuation Play To Avoid

Mar 25

Shareholder Returns

ERICUS CommunicationsUS Market
7D2.4%3.5%1.6%
1Y63.3%44.0%32.3%

Return vs Industry: ERIC exceeded the US Communications industry which returned 44% over the past year.

Return vs Market: ERIC exceeded the US Market which returned 32.3% over the past year.

Price Volatility

Is ERIC's price volatile compared to industry and market?
ERIC volatility
ERIC Average Weekly Movement4.6%
Communications Industry Average Movement6.4%
Market Average Movement6.3%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.1%

Stable Share Price: ERIC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ERIC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
187695,984E. Ekholmwww.ericsson.com

Telefonaktiebolaget 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.

Telefonaktiebolaget LM Ericsson (publ) Fundamentals Summary

How do Telefonaktiebolaget LM Ericsson's earnings and revenue compare to its market cap?
ERIC fundamental statistics
Market capUS$27.26b
Earnings (TTM)-US$125.05m
Revenue (TTM)US$22.61b

1.2x

P/S Ratio

-218.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ERIC income statement (TTM)
RevenueSEK 246.85b
Cost of RevenueSEK 139.62b
Gross ProfitSEK 107.23b
Other ExpensesSEK 108.60b
Earnings-SEK 1.36b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 24, 2025

Earnings per share (EPS)-0.41
Gross Margin43.44%
Net Profit Margin-0.55%
Debt/Equity Ratio42.9%

How did ERIC perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

-659%

Payout Ratio