In the latest session, Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) closed at $5.15 up 1.38% from its previous closing price of $5.08. In other words, the price has increased by $+0.07 from its previous closing price. On the day, 16177055 shares were traded. ERIC stock price reached its highest trading level at $5.21 during the session, while it also had its lowest trading level at $5.15.
Ratios:
For a deeper understanding of Telefonaktiebolaget L M Ericsson ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 43.61. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.35.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ERIC now has a Market Capitalization of 17.09B and an Enterprise Value of 17.47B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 1.75. Its current Enterprise Value per Revenue stands at 0.07 whereas that against EBITDA is -1.96.
Stock Price History:
Over the past 52 weeks, ERIC has reached a high of $6.36, while it has fallen to a 52-week low of $4.33. The 50-Day Moving Average of the stock is 5.46, while the 200-Day Moving Average is calculated to be 5.26.
Shares Statistics:
For the past three months, ERIC has traded an average of 16.59M shares per day and 13.53M over the past ten days. A total of 3.07B shares are outstanding, with a floating share count of 3.07B. Insiders hold about 0.00% of the company’s shares, while institutions hold 8.74% stake in the company. Shares short for ERIC as of Mar 15, 2024 were 29.9M with a Short Ratio of 1.93, compared to 32.66M on Feb 15, 2024.
Dividends & Splits
According to the company, the forward annual dividend rate for ERIC is 0.25, from 2.70 in the trailing year. Against a Trailing Annual Dividend Yield of 53.15%, it implies a Forward Annual Dividend Yield of 4.56%. The stock’s 5-year Average Dividend Yield is 2.51.
Earnings Estimates
There are 3 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.07 and a low estimate of $0.04, while EPS last year was $0.09. The consensus estimate for the next quarter is $0.07, with high estimates of $0.08 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.55 and $0.37 for the fiscal current year, implying an average EPS of $0.45. EPS for the following year is $0.56, with 5 analysts recommending between $0.67 and $0.44.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $5.34B this quarter.It ranges from a high estimate of $5.67B to a low estimate of $5.12B. As of the current estimate, Telefonaktiebolaget L M Ericsson ADR’s year-ago sales were $5.99B, an estimated decrease of -10.90% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $5.79B, a decrease of -5.30% over than the figure of -$10.90% in the same quarter last year. There is a high estimate of $6.13B for the next quarter, whereas the lowest estimate is $5.52B.
A total of 6 analysts have provided revenue estimates for ERIC’s current fiscal year. The highest revenue estimate was $25.35B, while the lowest revenue estimate was $23.24B, resulting in an average revenue estimate of $24.61B. In the same quarter a year ago, actual revenue was $24.83B, down -0.90% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $24.92B in the next fiscal year. The high estimate is $25.97B and the low estimate is $23.46B. The average revenue growth estimate for next year is up 1.20% from the average revenue estimate for this year.
