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Telefonaktiebolaget LM Ericsson (publ) (ERIC)
6.69  0.14 (2.14%)    07-26 16:00
Open: 6.59
High: 6.7
Volume: 15,410,533
  
Pre. Close: 6.55
Low: 6.58
Market Cap: 21,842(M)
Technical analysis
2024-07-26 4:43:56 PM
Short term     
Mid term     
Targets 6-month :  7.95 1-year :  9.29
Resists First :  6.8 Second :  7.95
Pivot price 6.57
Supports First :  6.21 Second :  5.84
MAs MA(5) :  6.63 MA(20) :  6.48
MA(100) :  5.74 MA(250) :  5.43
MACD MACD :  0.1 Signal :  0.1
%K %D K(14,3) :  66.8 D(3) :  69.4
RSI RSI(14): 61.1
52-week High :  6.8 Low :  4.32
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and BULLISH in mid-long term.
[ ERIC ] has closed below upper band by 27.7%. Bollinger Bands are 17.2% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 6.71 - 6.73 6.73 - 6.76
Low: 6.51 - 6.54 6.54 - 6.57
Close: 6.64 - 6.68 6.68 - 6.73
Company Description

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment offers radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software. This segment also provides integrated antenna and transport solutions; and a range of service portfolio covering network deployment and support. The Digital Services segment offers software-based solutions for business support systems, operational support systems, communication services, core networks, and cloud infrastructure. The Managed Services segment provides networks and IT managed, network design and optimization, and application development and maintenance services to telecom operators. The Emerging Business and Other segment includes emerging businesses comprising Internet of Things; iconectiv; Cradlepoint that offers wireless edge WAN 4G and 5G enterprise solutions; and Red Bee Media, MediaKind, and other new businesses. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

Headline News

Wed, 24 Jul 2024
Allspring Global Investments Holdings LLC Invests $36,000 in Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) - Defense World

Thu, 18 Jul 2024
168,023 Shares in Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Purchased by SG Americas Securities LLC - Defense World

Wed, 17 Jul 2024
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Reaches New 1-Year High on Analyst Upgrade - Defense World

Tue, 16 Jul 2024
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Sets New 1-Year High on Analyst Upgrade - MarketBeat

Tue, 16 Jul 2024
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Price Target Raised to $5.90 at JPMorgan Chase & Co. - American Banking and Market News

Mon, 15 Jul 2024
JPMorgan Chase & Co. Boosts Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Price Target to $5.90 - MarketBeat

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Neutral
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Outperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Underperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Underperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Technology
Industry:
Communication Equipment
Shares Out 3,330 (M)
Shares Float 2,940 (M)
Held by Insiders 0 (%)
Held by Institutions 10.5 (%)
Shares Short 26,570 (K)
Shares Short P.Month 36,370 (K)
Stock Financials
EPS -1.02
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 25.15
Profit Margin -14.4 %
Operating Margin 5.2 %
Return on Assets (ttm) 3.5 %
Return on Equity (ttm) -33.1 %
Qtrly Rev. Growth -7.1 %
Gross Profit (p.s.) 0
Sales Per Share 74.93
EBITDA (p.s.) 12.03
Qtrly Earnings Growth 0 %
Operating Cash Flow 30,240 (M)
Levered Free Cash Flow 43,370 (M)
Stock Valuations
PE Ratio -6.56
PEG Ratio 10.8
Price to Book value 0.26
Price to Sales 0.08
Price to Cash Flow 0.73
Stock Dividends
Dividend 0.12
Forward Dividend 0
Dividend Yield 1.9%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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