Ericsson (ERIC)
(Delayed Data from NSDQ)
$7.57 USD
+0.11 (1.47%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $7.56 -0.01 (-0.13%) 7:58 PM ET
4-Sell of 5 4
B Value B Growth A Momentum A VGM
Company Summary
Founded in 1876 and headquartered in Stockholm, Sweden, Ericsson is a leading provider of communication networks, telecom services and support solutions. The company is a leader in telecommunications and is now expanding its role into an ICT (Information and Communications Technology) solutions provider. As part of its restructuring plans, Ericsson has reorganized its operations into four segments effective third-quarter 2022, namely: Networks, Cloud Software and Services, Enterprise and Other.
Networks (accounted for 63% of net sales in second-quarter 2024): The Networks segment offers radio and transport solutions with supporting services, which are based on ...
Company Summary
Founded in 1876 and headquartered in Stockholm, Sweden, Ericsson is a leading provider of communication networks, telecom services and support solutions. The company is a leader in telecommunications and is now expanding its role into an ICT (Information and Communications Technology) solutions provider. As part of its restructuring plans, Ericsson has reorganized its operations into four segments effective third-quarter 2022, namely: Networks, Cloud Software and Services, Enterprise and Other.
Networks (accounted for 63% of net sales in second-quarter 2024): The Networks segment offers radio and transport solutions with supporting services, which are based on industry standards and offered through scalable modular platforms. The product portfolio helps users to evolve their telecom networks across generations to 5G — including new use cases like IoT, public safety, and fixed wireless access.
Cloud Software and Services (25.4%): This segment includes Core Network and Automation, Managed Services, Services Orchestration and Telecom Business Support System.
Enterprise (10.8%): This segment includes Enterprise Wireless Solutions, Technologies & New Businesses, Global Communication Platform and Global Network Platform.
Other (0.8%): This segment includes media businesses, Ericsson Ventures and one-offs.
Net sales for segments Networks and Cloud Software & Services include a breakdown of sales into products, services and IPR licensing revenues.
General Information
Ericsson
Torshamnsgatan 21
STOCKHOLM, V7 16483
Phone: 46-1-071-900-00
Fax: 46-8719-4222
Email: investor.relations@ericsson.com
Industry | Wireless Equipment |
Sector | Computer and Technology |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Earnings Date | 10/15/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.09 |
Current Year EPS Consensus Estimate | 0.41 |
Estimated Long-Term EPS Growth Rate | NA |
Earnings Date | 10/15/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 7.46 |
52 Week High | 7.65 |
52 Week Low | 4.33 |
Beta | 0.83 |
20 Day Moving Average | 14,346,432.00 |
Target Price Consensus | 5.65 |
4 Week | 2.30 |
12 Week | 22.69 |
YTD | 20.16 |
4 Week | 1.08 |
12 Week | 17.48 |
YTD | -1.15 |
Shares Outstanding (millions) | 3,332.67 |
Market Capitalization (millions) | 25,228.33 |
Short Ratio | NA |
Last Split Date | 6/10/2008 |
Dividend Yield | 2.22% |
Annual Dividend | $0.17 |
Payout Ratio | 0.54 |
Change in Payout Ratio | 0.23 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 18.69 |
Trailing 12 Months | 24.42 |
PEG Ratio | NA |
vs. Previous Year | -85.71% |
vs. Previous Quarter | -85.71% |
vs. Previous Year | -8.60% |
vs. Previous Quarter | 9.11% |
Price/Book | 3.28 |
Price/Cash Flow | 9.80 |
Price / Sales | 1.08 |
6/30/24 | 11.39 |
3/31/24 | 11.93 |
12/31/23 | 11.77 |
6/30/24 | 3.79 |
3/31/24 | 4.24 |
12/31/23 | 4.20 |
6/30/24 | 1.14 |
3/31/24 | 1.22 |
12/31/23 | 1.20 |
6/30/24 | 0.90 |
3/31/24 | 0.94 |
12/31/23 | 0.92 |
6/30/24 | 4.49 |
3/31/24 | 5.21 |
12/31/23 | 5.16 |
6/30/24 | -14.13 |
3/31/24 | -9.75 |
12/31/23 | -9.82 |
6/30/24 | -13.99 |
3/31/24 | -8.57 |
12/31/23 | -8.85 |
6/30/24 | 2.31 |
3/31/24 | 3.11 |
12/31/23 | 2.76 |
6/30/24 | 4.04 |
3/31/24 | 3.79 |
12/31/23 | 3.71 |
6/30/24 | 0.39 |
3/31/24 | 0.30 |
12/31/23 | 0.30 |
6/30/24 | 28.28 |
3/31/24 | 23.29 |
12/31/23 | 23.07 |