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A look at a High Market Cap Stock: Telefonaktiebolaget LM Ericsson, ERIC

Telefonaktiebolaget LM Ericsson, ERIC is in the exchange NASDAQ and its industry is Communication Equipment in the sector of Technology. Based in Sweden, Telefonaktiebolaget LM Ericsson, ERIC  has a market cap of 24891.68. Since its IPO date on the 9/28/1989, Telefonaktiebolaget LM Ericsson, ERIC performance year to date is -17.86%. Today Telefonaktiebolaget LM Ericsson, ERIC has gained 2.30%, with a current price of 7.56.

Ownership of the company is 0.90% for insider ownership while institutional ownership is 8.70%. The management of the company have seen the company have a payout ratio of 75.70%. Return of assets are at 5.10%, with return on investment at 9.10%.

In terms of debt levels and profit levels, Telefonaktiebolaget LM Ericsson, ERIC is seeing a long-term debt/equity of 0.15. While Total debt/equity is 0.17. With a profit margin of 5.80%, this is combined with a gross margin of 35.20%, and operating margin of 9.40%. Telefonaktiebolaget LM Ericsson ability to meet debt levels, with a current ratio of 2.3, while the quick ratio is 1.9.

For the last year Telefonaktiebolaget LM Ericsson, ERIC has seen a EPS growth of 15.50%. A performance for the year of -22.16%. The 52-week high is -28.76%, and the 52-week low is 7.54%. The average volume for Telefonaktiebolaget LM Ericsson, ERIC is 1752184.

With a target price of 8.03, can Telefonaktiebolaget LM Ericsson, ERIC reach this target? Looking at the value indicators of Telefonaktiebolaget LM Ericsson, ERIC. Telefonaktiebolaget LM Ericsson has a P/E of 14.77 and a forward P/E of 10.75. Perhaps the more useful indicator than P/E, is PEG which has a value of 1342.33. Telefonaktiebolaget LM Ericsson also has a P/S and a P/B of 0.86 and 1.44 respectively. For P/cash, Telefonaktiebolaget LM Ericsson has a value of 3.45, while it is 188.15 for P/free cash flow.

At the current price of 7.56, Telefonaktiebolaget LM Ericsson has a dividend yield of 6.08%. We see a return on equity of 10.10%.

Looking more long-term Telefonaktiebolaget LM Ericsson, is projected to get an EPS growth for the next five years of 0.01%. In the short-term an EPS growth of 14.68% in the next year is forecasted. This is after a EPS growth of 15.50% for this year and for the last five years a 3.60% growth has been seen.

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.

About the author

Mark Hines

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