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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 1.19% today. In the last week its performance is -5.28%, and -11.22% for the past quarter. Currently, Telefonaktiebolaget LM Ericsson (publ), ERIC has a target price of 7, so today’s gain of 1.19% is a significant step towards its target price. The GAP today is therefore 1.90%.

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC), has a market cap of 24434.91, and is based in Sweden. Insider ownership is at 0.90%, and institutional ownership is 8.70%.

At the current price of 7.45, it has a dividend yield of 6.25%, and its target price is 7. 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 15.18, as well as a forward P/E of 11.89.

With a current EPS of 0.49, and a forecasted EPS growth for next year at 15.92%,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 -28.85%. Since its IPO date on 9/28/1989, the total performance to date is -20.04%.

Volume today for Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC), is 2569261, while its average volume is 4166.25. Whilst the total gain today was 1.19%, it did have a day high of -7.37%.

Volatility for this week has been at 1.92%, and 1.55% for the month. The 52-week low for Telefonaktiebolaget LM Ericsson (publ), ERIC has been 7.00%, while the 52-week-high has reached -28.92%.

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 9.40%. 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 17.85, and the P/S is 0.88, along with a P/B of 1.52. Meanwhile it has a p/cash of 4.3.

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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Stephen Butters

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