Earnings Analysis Of Telefonaktiebolaget LM Ericsson (publ) (ERIC)

The company now has a Return on Equity of 10.40% and Return on Investment of 9.20%.

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) reported its EPS in the last quarter as $-0.06/Share lagging the analyst estimate of $-0.03/Share by a difference of $-0.03. Look at its top three institutional owners. EPS serves as an pointer of a company's profitability/success.

In recent trading day NVIDIA Corporation (NVDA) stock showed the move of -2.53% with the closing price of $193.66.

Unum Group (NYSE:UNM) overall volume in the last trading session was 1,729,209 shares. Boyd Watterson Asset Management LLC OH now owns 18,092 shares of the communications equipment provider's stock worth $130,000 after purchasing an additional 174 shares during the period.

Telefonaktiebolaget LM Ericsson (publ) has a beta of 1.07 and the weekly and monthly volatility stands at 1.58% and 1.25% respectively.

However looking at valuation ratios the stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.

Analyst recommendation for this stock stands at 2. Its beta value stands at 1.07.

Before trading, trader, investor or shareholder must have an eye on stock's historical performance. Moving averages can be very helpful for identifying peaks and troughs. High volatility can make entering or an exit a stock expensive, it can also exacerbate price increases and potential profits to the upside and downside. The company's 50-day moving average price is $5.84 and its 200-day moving average price is $6.41. The firm's market capitalization is $21.56 billion. ICE institutional ownership is held at 94.2% while insider ownership was 0.4%. The standard deviation is used in making an investment decision to measure the amount of historical volatility, or risk, linked with an investment relative to its annual rate of return. Its P/Cash is valued at 94.5. Zacks Investment Research lowered Ericsson from a hold rating to a strong sell rating in a research report on Friday, October 6th.

Growth in earnings per share is everything. The price to earnings growth is *tba and the price to sales growth is 0.78.

Measuring its EPS growth this year at 4.3%. The company's forward price to earnings ratio for next fiscal year is 26.96. Company's EPS for the past five years is valued at 11.5%, leading it to an EPS value of 11.9% for the next five years. The mean target price as estimated by the analysts for the company has been recorded at $6.29. The company created a change of -6.08% and now trading at 6.18.

Telefonaktiebolaget LM Ericsson (Ericsson) provides infrastructure, services and software to the telecommunication industry and other sectors.

The weekly performance is 10.03%, and the quarterly performance is at 5.45%. During the last month, the stock has changed 15.03% and performed 1.70% over the last 6 months.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -3.7%, and has a solid year to date (YTD) performance of 4.97% which means that the stock is constantly adding to its value from the previous fiscal year end price. Folketrygdfondet now owns 8,432,504 shares of the communications equipment provider's stock worth $60,461,000 after purchasing an additional 1,780,000 shares during the last quarter.

Institutional investors now hold around $1.74 billion or 17.2% in ERIC stock. Beta element is utilized to gauge the unpredictability of the stock. A security with a beta greater than 1 indicates that it is more volatile than the market.

Royal Bank of Canada lessened its holdings in shares of Ericsson (NASDAQ:ERIC) by 66.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Its P/Cash is esteemed at 5.07. The company's Relative Strength Index which shows price strength now stands at 54.07. The technical indicator does not lead us to believe the stock will see more gains any time soon. The return on assets stands at -6.4%, Return on Equity now is 0% and the Return on Investment value is 2.5%. Advisor Group Inc. now owns 19,964 shares of the communications equipment provider's stock valued at $143,000 after buying an additional 2,520 shares during the last quarter. Information in this release is fact checked and produced by competent editors of Stocks News Times; however, human error can exist.

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