Analyst’s Ratings : Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC)


Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) closed its last session at $6.89. The stock traded within a range of $6.75 and $6.91. The company operates in the Technology sector with a market capitalization of 22.6 Million. Trading volume for Telefonaktiebolaget LM Ericsson (publ) was 6.29 Million in its previous trading session. Currently, Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) has an average volume of 4.34 Million.

Company Profile

Ericsson is a world-leading supplier in the fast-growing and dynamic telecommunications and data communications industry, offering advanced communications solutions for mobile and fixed networks, as well as consumer products. The company is a total solutions supplier for all customer segments: network operators and service providers, enterprises and consumers. The company has the world’s largest customer base in the  telecommunications field.

Analyst Views

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) received a Buy rating from 1 analysts. 0 analysts gave its stock an Outperform rating. 4 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) touched its 1-Year High price of $7.47 on 07/12/17 and its 1-Year Low price of $5.52 on 09/21/17.

EPS & Financials

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) reported its EPS in the last quarter as $-0.07/Share lagging the analyst estimate of $-0.02/Share by a difference of $-0.05. This showed a surprise of -250% in the last quarter earnings.

For the current quarter, 6 analysts are projecting a mean EPS of $0.03/share. According to their observations and findings, the stock could provide a high EPS of $0.06/share and a low EPS of $-0.01/share.

Analysts believe that the company has the potential to earn average revenue of $7.09 Billion for the current quarter. According to their predictions high & low revenue estimates are 7.21 Billion and 7 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with LOW volatility. Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) has a 20-Day average volume of 3.66 Million. According to today’s trading volume Telefonaktiebolaget LM Ericsson (publ) is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.9 Percent and Institutional ownership of 18.8 Percent. The return on assets stands at -6.4%, Return on Equity currently is -14.3% and the Return on Investment value is 2.5%.

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) gross margin percentage stands at 26.2% while its operating margin for the past trailing twelve month is -8.9 percent and its overall profit margin (ttm) is -8.6 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 3.62% with a 50-Day Simple Moving Average of 7.51 percent. As of today, the company has a SMA200 (200-day simple moving average) of 7.43 Percent. The Stock has YTD (year to date) performance of 3.14 percent.

The TTM operating margin for the company stands at -8.9%. The return on invested capital is at 2.5%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 15.54.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 7.43%, and has a solid year to date (YTD) performance of 3.14% which means that the stock is constantly adding to its value from the previous fiscal year end price.