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.
infoTelefonaktiebolaget LM Ericsson (publ) is a large cap stock with a total market cap of 16.52B.
infoThey trade on the NASDAQ and had their IPO 41 years and 11 months ago.
infoTelefonaktiebolaget LM Ericsson (publ) currently employs 103890 people.
infoAs of Wednesday, Aug 23 2023, Telefonaktiebolaget LM Ericsson (publ)’s share price is $4.96.
News Relating to Telefonaktiebolaget LM Ericsson (publ)
InvestorPlace
The 3 Most Undervalued Communications Stocks to Buy Now: August 2023
Wednesday Aug 16 2023 at 06:31
The telecommunications industry is key to powering our digital lives. Providing consumers and businesses with not only basic access to the internet but also data servers and cloud networks.
Zacks Investment Research
Ericsson (ERIC) & TPG Team Up to Mitigate Network Disruptions
Tuesday Aug 15 2023 at 10:55
TPG Telecom selects Ericsson’s (ERIC) AI powered analytics and troubleshooting solutions to rapidly detect and resolve network issues across its coverage.
InvestorPlace
Looking for a Bargain? 7 Retirement Stocks to Buy That Are Down 10% in 2023
Sunday Aug 06 2023 at 17:23
The best bargain retirement stocks are usually those that provide dividends sustained by earnings. Unlike volatile growth stocks, these dividend-paying stocks offer reassurance, signifying a firm’s commitment to returning capital to shareholders.
Reuters
Sweden’s Ericsson sued by some shareholders for $170 mln -media
Friday Aug 04 2023 at 13:48
Some 37 Ericsson shareholders are suing the Swedish telecoms company for a total of 1.8 billion crowns ($170 million), business daily Dagens Industri reported on Friday.
InvestorPlace
7 Cheap Tech Stocks That Smart Investors Will Snap Up Now
Wednesday Aug 02 2023 at 08:09
The growth portion of the market is on fire right now. From mega-cap tech stocks on down through more speculative names in fields such as AI, electric vehicles, and space technologies, investors are taking shots at potential big winners.
Zacks Investment Research
Will Weak Embedded Segment Hurt AMD’s Q2 Earnings Growth?
Monday Jul 31 2023 at 14:53
AMD’s second-quarter 2023 earnings are expected to reflect sluggish demand for embedded solutions due to weakness in 5G deployment and rebalancing of inventory.
Forbes
Is Ericsson Stock A Buy Despite Lull In North America?
Thursday Jul 20 2023 at 05:00
Ericsson stock (NASDAQ: ERIC) has declined by about 16% year-to-date, considerably underperforming the broader indices.
InvestorPlace
The 7 Most Undervalued Nasdaq Stocks to Buy Now: July 2023
Wednesday Jul 19 2023 at 15:07
The Nasdaq is known for its high-flying growth stocks, and with good reason. But there’s more to the index than just those aggressive names.
Market Watch
Ericsson cut to equal-weight by Barclays after warning
Monday Jul 17 2023 at 05:43
Ericsson ERIC, -12.46% was downgraded to equal-weight from overweight by Barclays, which kept its equal-weight rating on Nokia NOK, -8.51%, following warnings from both on Friday. “We see little reason why operators will spend more before 2025E at the earliest.
Investopedia
Nokia and Ericsson ADRs Tumble on a Slowdown in Demand for Telecom Equipment
Friday Jul 14 2023 at 13:15
Falling demand for telecommunications equipment impacted sales at Nokia and Ericsson, and ADRs of the two companies dropped.
Zacks Investment Research
Ericsson’s (ERIC) Q2 Earnings Beat Estimates, Top Line Improves
Friday Jul 14 2023 at 12:39
Ericsson’s (ERIC) revenues are affected by a sales decline in North America. However, market gains in India, South East Asia and Oceania support the top line.
Zacks Investment Research
Ericsson (ERIC) Crossed Above the 200-Day Moving Average: What That Means for Investors
Friday Jul 14 2023 at 11:10
Ericsson (ERIC) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ERIC crossed above the 200-day moving average, suggesting a long-term bullish trend.
Proactive Investors
Ericsson stock plunges as US market slows in 2Q
Friday Jul 14 2023 at 09:44
Ericsson AB saw its US-listed stocks tumble on Friday after its second quarter results highlighted sluggish demand in the US. The Swedish mobile network manufacturer said it experienced a “sharp decline” in sales in the second quarter, particularly in North America, although it said this was partly offset by growth in India.
Investopedia
5 Things to Know Before Markets Open
Friday Jul 14 2023 at 07:55
Shares of JPMorgan and Wells Fargo surge after reporting earnings that beat analyst expectations and U.K. regulators extend the deadline on the Microsoft-Activision merger probe. Here’s what investors need to know today.
TechXplore
Ericsson and Nokia feel squeeze of interest rates hikes
Friday Jul 14 2023 at 07:43
Interest rate hikes are forcing mobile operators to scale back investment in 5G networks, with equipment manufacturer Ericsson reporting Friday a rare net quarterly loss and Nokia lowering its outlook.
Barrons
Nokia, Ericsson Stocks Are Tumbling. U.S. Telecom Companies Are Cutting Back.
Friday Jul 14 2023 at 05:04
Nokia and Ericsson shares fell after both gave disappointing guidance on Friday and flagged a slowdown in North American sales.
Market Watch
Nokia and Ericsson shares tumble on profit warning, lackluster results driven by weak U.S. markets
Friday Jul 14 2023 at 04:46
Shares of Nokia Oyj and Ericsson AB tumbled on Friday after the mobile device and network equipment rivals dropped a warning and some lackluster results on investors amid struggles with weak North American markets.
Reuters
Ericsson’s operating profit down in Q2 results
Friday Jul 14 2023 at 01:19
Sweden’s Ericsson on Tuesday reported a fall in operating profits for the second quarter of 2023, compared with the previous year.
Zacks Investment Research
Ericsson (ERIC) Partners With MediaTek to Boost Uplink Speed
Thursday Jul 13 2023 at 13:21
Ericsson (ERIC) collaborates with MediaTek to showcase record setting uplink speed that will support fixed wireless access users.
Zacks Investment Research
Ericsson (ERIC) Unveils Smart, Sustainable 5G Site in Texas
Wednesday Jul 12 2023 at 11:06
The 5G site, which can potentially operate fully on solar energy for up to 24 hours, is a testament to Ericsson’s (ERIC) dedication to decarbonizing the mobile network industry.
Zacks Investment Research
Ericsson (ERIC) Unveils 5G Network Slicing in Android 14 Devices
Monday Jul 10 2023 at 11:45
Ericsson (ERIC) launches on-demand 5G network slicing in Android 14 devices. It will provide greater flexibility to service providers and allow them to better match user-specific network demand.
Zacks Investment Research
Ericsson (ERIC) Launches Cloud RAN Technology for Commercial 5G
Thursday Jul 06 2023 at 13:05
Telstra will leverage Ericsson’s (ERIC) Cloud RAN technology to deploy commercial 5G networks and deliver next-generation 5G services to customers.
Zacks Investment Research
Is Ericsson (ERIC) Stock Undervalued Right Now?
Wednesday Jul 05 2023 at 10:47
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Zacks Investment Research
Ericsson (ERIC) Set to Boost Movistar’s 5G+ Launch in Spain
Wednesday Jul 05 2023 at 09:17
Ericsson’s (ERIC) advanced solutions will enable Movistar to offer an unmatched mobile experience in Spain characterized by ultra-low latency and high throughput.
Zacks Investment Research
Ericsson (ERIC) Solution Boosts Swisscom Indoor 5G Strength
Tuesday Jul 04 2023 at 13:00
Swisscom has selected Ericsson’s (ERIC) radio dot system solution to deliver high-capacity indoor 5G connectivity.
Forbes
NASDAQ Stocks Hitting New 52-Week Lows: 4 Stocks To Watch
Monday Jun 26 2023 at 17:38
While a very few are just now coming off of all-time highs (Nvidia, among others), some are recently all the way down to new 52-week lows.
Zacks Investment Research
Ericsson (ERIC) & Proptivity Pioneer Shared Indoor 5G RAN
Monday Jun 26 2023 at 10:32
Ericsson (ERIC) and Proptivity have joined forces to address the connectivity challenges faced in busy public places like shopping malls.
Seeking Alpha
Ericsson Has 43% Upside Potential Over The Next 3 Years
Friday Jun 23 2023 at 12:03
Ericsson Has 43% Upside Potential Over The Next 3 Years
Zacks Investment Research
Ericsson (ERIC) Achieves Landmark With 1 Million 5G Radios
Thursday Jun 15 2023 at 10:17
Ericsson’s (ERIC) 5G radio access technologies provide the infrastructure required to meet the growing demand for high-bandwidth low-latency connections.
Zacks Investment Research
Ericsson (ERIC) Showcases Industry First Virtualized Cloud RAN
Wednesday Jun 14 2023 at 12:28
Ericsson (ERIC) demonstrates the industry’s first virtualized cloud RAN solution, leveraging 4th Gen Intel Xeon Scalable processors with Intel vRAN Boost on HPE ProLiant DL110 servers.
Telefonaktiebolaget LM Ericsson (publ) Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
Learn more at Investopediaopen_in_new
Telefonaktiebolaget LM Ericsson (publ)’s Altman Z-score is 1.35 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Telefonaktiebolaget LM Ericsson (publ) Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
Learn more at Investopediaopen_in_new
Over the last 3 months, there has been no insider trading in Telefonaktiebolaget LM Ericsson (publ).
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Telefonaktiebolaget LM Ericsson (publ)’s Income Quality of 1.3 is greater than its Industry Group of 0.41 (217.1% greater)
Telefonaktiebolaget LM Ericsson (publ)’s Income Quality of 1.3 is greater than its Major Industry Group of 0.7 (85.7% greater)
Telefonaktiebolaget LM Ericsson (publ)’s Income Quality of 1.3 is greater than its Sector of 0.75 (73.3% greater)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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Telefonaktiebolaget LM Ericsson (publ)’s Current Ratio of 1.1 is lower than its Industry Group of 1.92 (-42.7% lower)
Telefonaktiebolaget LM Ericsson (publ)’s Current Ratio of 1.1 is lower than its Major Industry Group of 2.37 (-53.6% lower)
Telefonaktiebolaget LM Ericsson (publ)’s Current Ratio of 1.1 is lower than its Sector of 2.6 (-57.7% lower)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Learn more at Investopediaopen_in_new
Cannot compare a negative PE Ratio (14.7 & -0.56)
Cannot compare a negative PE Ratio (14.7 & -0.02)
Cannot compare a negative PE Ratio (14.7 & -0.4)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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Telefonaktiebolaget LM Ericsson (publ)’s PB Ratio of 1.35 is greater than its Industry Group of 1.17 (15.4% greater)
Telefonaktiebolaget LM Ericsson (publ)’s PB Ratio of 1.35 is lower than its Major Industry Group of 1.76 (-23.3% lower)
Telefonaktiebolaget LM Ericsson (publ)’s PB Ratio of 1.35 is lower than its Sector of 1.62 (-16.7% lower)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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Telefonaktiebolaget LM Ericsson (publ)’s ROE of 0.09 is greater than its Industry Group of -0.05 (280.0% greater)
Telefonaktiebolaget LM Ericsson (publ)’s ROE of 0.09 is greater than its Major Industry Group of -0.01 (1000.0% greater)
Telefonaktiebolaget LM Ericsson (publ)’s ROE of 0.09 is greater than its Sector of -0.03 (400.0% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
Telefonaktiebolaget LM Ericsson (publ)’s ROCE of 0.1 is greater than its Industry Group of -0.02 (600.0% greater)
Cannot compute a percentage difference when there are zeros in the calculation
Telefonaktiebolaget LM Ericsson (publ)’s ROCE of 0.1 is greater than its Sector of -0.04 (350.0% greater)
Derived from SEC.GOV filing dataopen_in_new