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Morning Hot: Telefonaktiebolaget LM Ericsson (publ) (ERIC)

Today’s top gainers include the company Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) which is in the industry Communication Equipment, gaining -1.37% today. In the last week its performance is 0.78%, and 7.72% for the past quarter. Currently, Telefonaktiebolaget LM Ericsson (publ), ERIC has a target price of 7.09, so today’s gain of -1.37% is a significant step towards its target price. The GAP today is therefore -0.91%.

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC), has a market cap of 21.5 B, and is based in Sweden. Insider ownership is at 0.90%, and institutional ownership is 11.00%.

At the current price of 6.49, it has a dividend yield of 1.69%, and its target price is 7.09. This is with a profit margin of -5.10%, and total debt/equity of 0.3. Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) has a P/E of *TBA, as well as a forward P/E of 16.39.

With a current EPS of -0.38, and a forecasted EPS growth for next year at 26.92%,Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) has had a EPS growth for the past five years at -32.60%. For the next five years EPS growth is projected to be 52.79%.

Performance for the year is -12.89%. Since its IPO date on 9/28/1989, the total performance to date is 13.26%.

Volume today for Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC), is 4701528, while its average volume is 4686.97. Whilst the total gain today was -1.37%, it did have a day high of -4.14%.

Volatility for this week has been at 1.46%, and 1.38% for the month. The 52-week low for Telefonaktiebolaget LM Ericsson (publ), ERIC has been 36.71%, while the 52-week-high has reached -17.87%.

Looking at its return of investments, which is 2.50%, and its return on assets is -4.00%. Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) has an operating margin of -4.40%. With a sales growth of -11.20% quarter over quarter. Bearing in mind that Telefonaktiebolaget LM Ericsson (publ), ERIC is in the sector Technology, its long-term debt/equity is 0.22, and has a current ratio of 1.7 and 1.3 for quick ratio.

So what is the value of Telefonaktiebolaget LM Ericsson (publ)? Well its PEG is *TBA, and the P/S is 0.88, along with a P/B of 1.5. 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.

About the author

Mark Hines

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