-
1 Comment
Telefonaktiebolaget LM Ericsson (publ) is currently in a long term uptrend where the price is trading 2.6% above its 200 day moving average.
From a valuation standpoint, the stock is 93.3% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.7.
Telefonaktiebolaget LM Ericsson (publ)'s total revenue rose by 4.8% to $70B since the same quarter in the previous year.
Its net income has increased by 69.8% to $8B since the same quarter in the previous year.
Finally, its free cash flow grew by 1066.1% to $13B since the same quarter in the previous year.
Based on the above factors, Telefonaktiebolaget LM Ericsson (publ) gets an overall score of 5/5.
CurrencyCode | USD |
---|---|
Sector | Technology |
Exchange | NASDAQ |
ISIN | US2948216088 |
Industry | Communication Equipment |
Dividend Yield | 4.1% |
---|---|
Beta | 0.31 |
PE Ratio | 11.09 |
Market Cap | 20B |
Target Price | 6.34 |
Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Cloud Software and Services, Enterprise, and Other. The Networks segment offers radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software. This segment also provides active antenna and transport solutions; and a range of service portfolio covering network deployment and support. The Cloud Software and Services segment offers core networks, business and operational support systems, network design and optimization, and network managed services. The Enterprise segment offers global communications platform including cloud-based unified communications as a service, contact center as a service, and communications platform as a service; enterprise wireless solutions comprise private wireless networks and wireless wan pre-packaged solutions; and technologies and new business solutions, such as mobile financial services, security solutions, and advertising services. The Other segment includes Redbee media that prepares and distributes live and video services for broadcasters, sports leagues, and communications service providers. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for ERIC using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024