Telefonaktiebolaget Lm Ericsson Stock Today
| ERIC Stock | USD 8.14 0.13 1.62% |
Performance7 of 100
| Odds Of DistressLess than 29
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Telefonaktiebolaget is trading at 8.14 as of the 24th of November 2024, a 1.62% increase since the beginning of the trading day. The stock's open price was 8.01. Telefonaktiebolaget has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Telefonaktiebolaget LM Ericsson are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 28th of September 1989 | Category Technology | Classification Information Technology |
Telefonaktiebolaget LM Ericsson , together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. Telefonaktiebolaget LM Ericsson was founded in 1876 and is headquartered in Stockholm, Sweden. The company has 3.07 B outstanding shares of which 29.77 M shares are currently shorted by private and institutional investors with about 1.83 trading days to cover. More on Telefonaktiebolaget LM Ericsson
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Telefonaktiebolaget Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO, President | MSc MBA | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Electronic Equipment (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Communications Equipment, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Electronic Equipment, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsTelefonaktiebolaget can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Telefonaktiebolaget's financial leverage. It provides some insight into what part of Telefonaktiebolaget's total assets is financed by creditors.
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Telefonaktiebolaget LM Ericsson (ERIC) is traded on NASDAQ Exchange in USA. It is located in Torshamnsgatan 21, Stockholm, Sweden, 164 83 and employs 95,984 people. Telefonaktiebolaget is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 26.56 B. Telefonaktiebolaget conducts business under Communications Equipment sector and is part of Information Technology industry. The entity has 3.07 B outstanding shares of which 29.77 M shares are currently shorted by private and institutional investors with about 1.83 trading days to cover.
Telefonaktiebolaget LM Ericsson currently holds about 4.8 B in cash with 7.18 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.46.
Check Telefonaktiebolaget Probability Of Bankruptcy
Ownership AllocationTelefonaktiebolaget shows a total of 3.07 Billion outstanding shares. About 89.42 % of Telefonaktiebolaget outstanding shares are held by general public with 10.58 % by institutional holders. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Telefonaktiebolaget Ownership Details
Telefonaktiebolaget Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Bank Of America Corp | 2024-06-30 | 2.8 M | |
| Jane Street Group Llc | 2024-06-30 | 2.7 M | |
| Renaissance Technologies Corp | 2024-09-30 | 2.7 M | |
| New York State Common Retirement Fund | 2024-09-30 | 2.7 M | |
| Fmr Inc | 2024-09-30 | 2.4 M | |
| Marshall Wace Asset Management Ltd | 2024-06-30 | 1.9 M | |
| Boothbay Fund Management, Llc | 2024-09-30 | 1.9 M | |
| Old Mission Capital Llc | 2024-06-30 | 1.8 M | |
| Penserra Capital Management, Llc | 2024-06-30 | 1.6 M | |
| Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 116.4 M | |
| Primecap Management Company | 2024-09-30 | 47.8 M |
Telefonaktiebolaget Historical Income Statement
Telefonaktiebolaget Stock Against Markets
Telefonaktiebolaget Corporate Management
| EvaBritt Allenius | Chief Officer | Profile | |
| Chris Houghton | Head of Region India | Profile | |
| MajBritt Arfert | Acting Chief Human Resource Officer | Profile | |
| Fredrik Jejdling | Head of Region Sub Saharan Africa | Profile | |
| Peter Olofsson | Head Communications | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Telefonaktiebolaget LM Ericsson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Telefonaktiebolaget. If investors know Telefonaktiebolaget will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Telefonaktiebolaget listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.707 | Dividend Share 2.7 | Earnings Share (0.04) | Revenue Per Share 74.095 | Quarterly Revenue Growth (0.04) |
The market value of Telefonaktiebolaget is measured differently than its book value, which is the value of Telefonaktiebolaget that is recorded on the company's balance sheet. Investors also form their own opinion of Telefonaktiebolaget's value that differs from its market value or its book value, called intrinsic value, which is Telefonaktiebolaget's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Telefonaktiebolaget's market value can be influenced by many factors that don't directly affect Telefonaktiebolaget's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Telefonaktiebolaget's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telefonaktiebolaget is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telefonaktiebolaget's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.