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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 0.57% today. In the last week its performance is -3.56%, and -8.32% for the past quarter. Currently, Telefonaktiebolaget LM Ericsson (publ), ERIC has a target price of 6.88, so today’s gain of 0.57% is a significant step towards its target price. The GAP today is therefore 0.29%.

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC), has a market cap of 23416.72, and is based in Sweden. Insider ownership is at 0.90%, and institutional ownership is 8.80%.

At the current price of 7.05, it has a dividend yield of 6.52%, 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 14.48, as well as a forward P/E of 12.03.

With a current EPS of 0.49, and a forecasted EPS growth for next year at 13.35%,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 -24.97%. Since its IPO date on 9/28/1989, the total performance to date is -23.40%.

Volume today for Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC), is 4177600, while its average volume is 3965.35. Whilst the total gain today was 0.57%, it did have a day high of -10.65%.

Volatility for this week has been at 1.16%, and 1.03% for the month. The 52-week low for Telefonaktiebolaget LM Ericsson (publ), ERIC has been 1.29%, while the 52-week-high has reached -30.43%.

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 17.03, and the P/S is 0.84, along with a P/B of 1.45. Meanwhile it has a p/cash of 4.11.

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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