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Today’s Top Gainers in the Market Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) from Technology

Today’s top gainers include the company Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) which is in the industry Communication Equipment, gaining -0.82% today. In the last week its performance is 1.52%, and -2.14% for the past quarter. Currently, Telefonaktiebolaget LM Ericsson (publ), ERIC has a target price of 6.88, so today’s gain of -0.82% is a significant step towards its target price. The GAP today is therefore 0.00%.

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC), has a market cap of 24300.49, and is based in Sweden. Insider ownership is at 0.90%, and institutional ownership is 8.80%.

At the current price of 7.27, it has a dividend yield of 6.28%, and its target price is 6.88. This is with a profit margin of 5.70%, and total debt/equity of 0.2. Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) has a P/E of 14.96, as well as a forward P/E of 12.55.

With a current EPS of 0.49, and a forecasted EPS growth for next year at 13.40%,Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) has had a EPS growth for the past five years at 3.60%. For the next five years EPS growth is projected to be 0.85%.

Performance for the year is -25.19%. Since its IPO date on 9/28/1989, the total performance to date is -20.36%.

Volume today for Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC), is 1203567, while its average volume is 3826.58. Whilst the total gain today was -0.82%, it did have a day high of -9.58%.

Volatility for this week has been at 1.07%, and 1.29% for the month. The 52-week low for Telefonaktiebolaget LM Ericsson (publ), ERIC has been 4.45%, while the 52-week-high has reached -28.26%.

Looking at its return of investments, which is 9.10%, and its return on assets is 4.90%. Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) has an operating margin of 9.30%. With a sales growth of -10.80% quarter over quarter. Bearing in mind that Telefonaktiebolaget LM Ericsson (publ), ERIC is in the sector Technology, its long-term debt/equity is 0.13, and has a current ratio of 2 and 1.6 for quick ratio.

So what is the value of Telefonaktiebolaget LM Ericsson (publ)? Well its PEG is 17.6, and the P/S is 0.86, along with a P/B of 1.5. Meanwhile it has a p/cash of 4.24.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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