Telefonaktiebolaget Lm Ericsson Stock Today
| ERIC Stock | USD 5.06 0.13 2.64% |
Performance0 of 100
| Odds Of DistressLess than 33
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Telefonaktiebolaget is trading at 5.06 as of the 19th of April 2024, a 2.64% increase since the beginning of the trading day. The stock's open price was 4.93. Telefonaktiebolaget has about a 33 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 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 20th of March 2024 and ending today, the 19th of April 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 3.33 B outstanding shares of which 31.19 M shares are currently shorted by private and institutional investors with about 2.02 trading days to cover. More on Telefonaktiebolaget LM Ericsson
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Follow Valuation Options Odds of Bankruptcy
Financial Report 12th of July 2024
Telefonaktiebolaget Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Telefonaktiebolaget's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Telefonaktiebolaget or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Hans Vestberg | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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 Analysts covering Telefonaktiebolaget report their recommendations after researching Telefonaktiebolaget's financial statements, talking to executives and customers, or listening in on Telefonaktiebolaget's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Telefonaktiebolaget. The Telefonaktiebolaget consensus assessment is calculated by taking the average forecast from all of the analysts covering Telefonaktiebolaget. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Telefonaktiebolaget's liquidity, profitability, solvency, and operating efficiency, Telefonaktiebolaget LM Ericsson is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Telefonaktiebolaget is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Telefonaktiebolaget's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Telefonaktiebolaget's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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 99,140 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 17.14 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Telefonaktiebolaget's market, we take the total number of its shares issued and multiply it by Telefonaktiebolaget's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Telefonaktiebolaget conducts business under Communications Equipment sector and is part of Information Technology industry. The entity has 3.33 B outstanding shares of which 31.19 M shares are currently shorted by private and institutional investors with about 2.02 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 maintains a total of 3.33 Billion outstanding shares. About 90.0 % of Telefonaktiebolaget outstanding shares are held by general public with 9.55 % by institutional holders. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Telefonaktiebolaget Ownership Details
Telefonaktiebolaget Stock Price Odds Analysis
What are Telefonaktiebolaget's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Telefonaktiebolaget jumping above the current price in 90 days from now is about 88.65%. The Telefonaktiebolaget LM Ericsson probability density function shows the probability of Telefonaktiebolaget stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.577 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Telefonaktiebolaget will likely underperform. Additionally, telefonaktiebolaget LM Ericsson has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Telefonaktiebolaget to move above the current price in 90 days from now is about 88.65 (This Telefonaktiebolaget LM Ericsson probability density function shows the probability of Telefonaktiebolaget Stock to fall within a particular range of prices over 90 days) .
Telefonaktiebolaget Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Telefonaktiebolaget that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Telefonaktiebolaget's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Telefonaktiebolaget's value.| Instituion | Recorded On | Shares | |
| Penserra Capital Management, Llc | 2023-12-31 | 1.7 M | |
| Voloridge Investment Management, Llc | 2023-09-30 | 1.6 M | |
| Exoduspoint Capital Management, Lp | 2023-12-31 | 1.6 M | |
| Bank Of America Corp | 2023-12-31 | 1.6 M | |
| Balyasny Asset Management Llc | 2023-12-31 | 1.3 M | |
| Northern Trust Corp | 2023-12-31 | 1.3 M | |
| Fidelity International Ltd | 2023-12-31 | 1.1 M | |
| Jane Street Group, Llc | 2023-12-31 | 941.4 K | |
| Oppenheimer & Co Inc | 2023-12-31 | 835.8 K | |
| Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 146.3 M | |
| Primecap Management Company | 2023-12-31 | 54 M |
Telefonaktiebolaget Historical Income Statement
Telefonaktiebolaget LM Ericsson Income Statement is one of the three primary financial statements used for reporting Telefonaktiebolaget's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Telefonaktiebolaget revenue and expense. Telefonaktiebolaget Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Telefonaktiebolaget's Income Tax Expense is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 22.6 B, whereas Depreciation And Amortization is forecasted to decline to about 7.7 B. View More FundamentalsTelefonaktiebolaget Stock Against Markets
Picking the right benchmark for Telefonaktiebolaget stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Telefonaktiebolaget stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Telefonaktiebolaget is critical whether you are bullish or bearish towards Telefonaktiebolaget LM Ericsson at a given time. Please also check how Telefonaktiebolaget's historical prices are related to one of the top price index indicators.
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Telefonaktiebolaget Corporate Directors
Telefonaktiebolaget corporate directors refer to members of a Telefonaktiebolaget board of directors. The board of directors generally takes responsibility for the Telefonaktiebolaget's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Telefonaktiebolaget's board members must vote for the resolution. The Telefonaktiebolaget board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Nora Denzel | Independent Director | Profile | |
| Mikael Lannqvist | Director, Employee Representative | Profile | |
| Ulf Johansson | Independent Director | Profile | |
| Karin Aberg | Director, Employee Representative | Profile |
How to buy Telefonaktiebolaget Stock?
Before investing in Telefonaktiebolaget, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Telefonaktiebolaget. To buy Telefonaktiebolaget stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Telefonaktiebolaget. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Telefonaktiebolaget stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Telefonaktiebolaget LM Ericsson stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Telefonaktiebolaget LM Ericsson stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Telefonaktiebolaget LM Ericsson, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Telefonaktiebolaget Stock please use our How to Invest in Telefonaktiebolaget guide.
Already Invested in Telefonaktiebolaget LM Ericsson?
The danger of trading Telefonaktiebolaget LM Ericsson is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Telefonaktiebolaget is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Telefonaktiebolaget. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Telefonaktiebolaget is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Telefonaktiebolaget offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Telefonaktiebolaget's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Telefonaktiebolaget Lm Ericsson Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Telefonaktiebolaget Lm Ericsson Stock: 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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Telefonaktiebolaget Stock analysis
When running Telefonaktiebolaget's price analysis, check to measure Telefonaktiebolaget's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Telefonaktiebolaget is operating at the current time. Most of Telefonaktiebolaget's value examination focuses on studying past and present price action to predict the probability of Telefonaktiebolaget's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telefonaktiebolaget's price. Additionally, you may evaluate how the addition of Telefonaktiebolaget to your portfolios can decrease your overall portfolio volatility.
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Is Telefonaktiebolaget's industry 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 (0.73) | Revenue Per Share 76.307 | Quarterly Revenue Growth (0.15) |
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.