Telefonaktiebolaget L M
(NASDAQ:ERIC)
$5.14
0.35[7.31%]
At close: Apr 16
$5.14
0[0.00%]
PreMarket: 6:14AM EDT
Why is it moving?
Ericsson shares are trading higher after the company reported better-than-expected Q1 EPS results.
Q1 2024 earnings were released today before the market open
Today's conference call ended over 7 hours ago Click to view the webcast
OverviewNewsEarningsGuidanceDividendsAnalyst RatingsInsider TradesShort Interest

Telefonaktiebolaget L M Stock (NASDAQ:ERIC), Quotes and News Summary

Telefonaktiebolaget L M Stock (NASDAQ: ERIC) stock price, news, charts, stock research, profile.

Open-
Close-
Volume / Avg.390.153K / 17.098M
Day Range- - -
52 Wk Range4.330 - 6.360
Market Cap$17.126B
P/E Ratio-
Dividend Yield5.240%
ExchangeNASDAQ
RSI
46
Short Interest
1.02%
Days to Cover2.07

Recent News

Why Ericsson Shares Are Higher Premarket Tuesday
Ericsson reports Q1 FY24 results with sales declining 15% Y/Y. Gross margin improves, EPS beats consensus. Outlook remains cautious.
Lekha Gupta
Wall Street's Most Accurate Analysts' Views On 3 Tech Stocks With Over 4% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Avi Kapoor
Ericsson Cuts 1,200 Swedish Jobs Due to Falling Orders
Ericsson to lay off 1,200 employees in Sweden due to decreased demand and cost-cutting measures. Challenges facing European telecom sector.
Anusuya Lahiri
-%

Financials

Quarterly
Annual
Name
Revenue
Change
Gross
Change
EBITDA
Change
EBIT
Change
Earnings
Change
Analyst Trend
1
Oct 23
1
Nov 23
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell
About Telefonaktiebolaget L M Ericsson
Sector
Information Technology
Industry
Communications Equipment
Ericsson provides telecom equipment and services that are primarily used to build and facilitate mob...
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EPS better than industry
Earnings Per Share
EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.
ERIC
VIAV

FAQ

Q

How do I buy Telefonaktiebolaget L M (ERIC) stock?

A

You can purchase shares of Telefonaktiebolaget L M (NASDAQ: ERIC) through any online brokerage.

View our list of the best stock brokerages.

Q

Who are Telefonaktiebolaget L M's (ERIC) competitors?

A

Other companies in Telefonaktiebolaget L M’s space includes: Viavi Solutions (NASDAQ:VIAV), Arista Networks (NYSE:ANET), Cisco Systems (NASDAQ:CSCO), Adtran Holdings (NASDAQ:ADTN) and Lumentum Holdings (NASDAQ:LITE).

Q

What is the target price for Telefonaktiebolaget L M (ERIC) stock?

A

The latest price target for Telefonaktiebolaget L M (NASDAQ: ERIC) was reported by JP Morgan on Thursday, November 30, 2023. The analyst firm set a price target for 0.00 expecting ERIC to fall to within 12 months (a possible -100.00% downside). 3 analyst firms have reported ratings in the last year.

Q

Current Stock Price for Telefonaktiebolaget L M (ERIC)?

A

The stock price for Telefonaktiebolaget L M (NASDAQ: ERIC) is $5.14 last updated Today at April 16, 2024 at 6:14 AM EDT.

Q

Does Telefonaktiebolaget L M (ERIC) pay a dividend?

A

A quarterly cash dividend of $0.13 per share of Class A Common Stock. The quarterly cash dividend was payable on April 10, 2024 to stockholders of record on April 4, 2024.

Q

When is Telefonaktiebolaget L M (NASDAQ:ERIC) reporting earnings?

A

Telefonaktiebolaget L M’s Q2 earnings are confirmed for Friday, July 12, 2024.

Q

Is Telefonaktiebolaget L M (ERIC) going to split?

A

There is no upcoming split for Telefonaktiebolaget L M.

Q

What sector and industry does Telefonaktiebolaget L M (ERIC) operate in?

A

Telefonaktiebolaget L M is in the Information Technology sector and Communications Equipment industry. They are listed on the NASDAQ.

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