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The closing price of Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) was $7.84 for the day, down -2.49% from the previous closing price of $8.04. In other words, the price has decreased by -$2.49 from its previous closing price. On the day, 31.0 million shares were traded. ERIC stock price reached its highest trading level at $8.0799 during the session, while it also had its lowest trading level at $7.815.
Ratios:
Our analysis of ERIC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.94. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.41.
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 26929537024 and an Enterprise Value of 19763128320. As of this moment, Telefonaktiebolaget’s Price-to-Earnings (P/E) ratio for their current fiscal year is 169.70, and their Forward P/E ratio for the next fiscal year is 13.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 3.05. Its current Enterprise Value per Revenue stands at 0.079 whereas that against EBITDA is 1.063.
Stock Price History:
The Beta on a monthly basis for ERIC is 0.89, which has changed by 0.15976334 over the last 52 weeks, in comparison to a change of 0.10611236 over the same period for the S&P500. Over the past 52 weeks, ERIC has reached a high of $8.99, while it has fallen to a 52-week low of $6.41. The 50-Day Moving Average of the stock is -6.99%, while the 200-Day Moving Average is calculated to be -3.67%.
Shares Statistics:
ERIC traded an average of 23.20M shares per day over the past three months and 19930580 shares per day over the past ten days. A total of 3.09B shares are outstanding, with a floating share count of 3.09B. Insiders hold about 0.24% of the company’s shares, while institutions hold 12.88% stake in the company. Shares short for ERIC as of 1749772800 were 48277380 with a Short Ratio of 1.68, compared to 1747267200 on 43224258. Therefore, it implies a Short% of Shares Outstanding of 48277380 and a Short% of Float of 1.5700001000000001.
Dividends & Splits
With its trailing 12-month dividend rate of 2.85, ERIC has a forward annual dividend rate of 0.27. Against a Trailing Annual Dividend Yield of 0.3544776The stock’s 5-year Average Dividend Yield is 3.15.
Earnings Estimates
The stock of Telefonaktiebolaget L M Ericsson ADR (ERIC) is currently in the spotlight, with 1.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0.12, with high estimates of $0.12 and low estimates of $0.12.
Analysts are recommending an EPS of between $0.65 and $0.51 for the fiscal current year, implying an average EPS of $0.57. EPS for the following year is $0.57, with 5.0 analysts recommending between $0.65 and $0.48.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 9 analysts. It ranges from a high estimate of $61.95B to a low estimate of $57.71B. As of the current estimate, Telefonaktiebolaget L M Ericsson ADR’s year-ago sales were $59.85BFor the next quarter, 9 analysts are estimating revenue of $60.22B. There is a high estimate of $62.08B for the next quarter, whereas the lowest estimate is $56.41B.
A total of 18 analysts have provided revenue estimates for ERIC’s current fiscal year. The highest revenue estimate was $262.62B, while the lowest revenue estimate was $237.07B, resulting in an average revenue estimate of $247.88B. In the same quarter a year ago, actual revenue was $247.88BBased on 20 analysts’ estimates, the company’s revenue will be $253.33B in the next fiscal year. The high estimate is $270.98B and the low estimate is $242.72B.
