Gaining Ground: Telefonaktiebolaget L M Ericsson ADR (ERIC) Closes Higher at 5.34, Up 0.95

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The price of Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) closed at $5.34 in the last session, up 0.95% from day before closing price of $5.29. In other words, the price has increased by $0.95 from its previous closing price. On the day, 8.36 million shares were traded. ERIC stock price reached its highest trading level at $5.37 during the session, while it also had its lowest trading level at $5.3007.

Ratios:

We take a closer look at ERIC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.24. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 0.45 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 17883607040 and an Enterprise Value of 24199704576. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 0.095 whereas that against EBITDA is 0.987.

Stock Price History:

The Beta on a monthly basis for ERIC is 0.79, which has changed by 0.00754714 over the last 52 weeks, in comparison to a change of 0.26265144 over the same period for the S&P500. 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 0.48%, while the 200-Day Moving Average is calculated to be 1.78%.

Shares Statistics:

According to the various share statistics, ERIC traded on average about 16.90M shares per day over the past 3-months and 12097210 shares per day over the past 10 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 8.77% stake in the company. Shares short for ERIC as of 1714435200 were 31371671 with a Short Ratio of 2.08, compared to 1711584000 on 31187484.

Dividends & Splits

The forward annual dividend rate for ERIC is 0.25, which was 2.7 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.510397The stock’s 5-year Average Dividend Yield is 2.63.

Earnings Estimates

Its stock is currently analyzed by 3.0 different market analysts. 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 $0.07. The consensus estimate for the next quarter is $0.08, with high estimates of $0.1 and low estimates of $0.06.

Analysts are recommending an EPS of between $0.53 and $0.29 for the fiscal current year, implying an average EPS of $0.41. EPS for the following year is $0.47, with 7.0 analysts recommending between $0.58 and $0.34.

Revenue Estimates

According to 3 analysts, the current quarter’s revenue is expected to be $5.33B. It ranges from a high estimate of $5.39B to a low estimate of $5.29B. As of the current estimate, Telefonaktiebolaget L M Ericsson ADR’s year-ago sales were $6.12BFor the next quarter, 3 analysts are estimating revenue of $5.53B. There is a high estimate of $5.74B for the next quarter, whereas the lowest estimate is $5.39B.

A total of 7 analysts have provided revenue estimates for ERIC’s current fiscal year. The highest revenue estimate was $24.27B, while the lowest revenue estimate was $21.79B, resulting in an average revenue estimate of $22.85B. In the same quarter a year ago, actual revenue was $24.83BBased on 7 analysts’ estimates, the company’s revenue will be $23.48B in the next fiscal year. The high estimate is $24.59B and the low estimate is $22.48B.

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