Legendary Tech Investor: "Forget Nvidia, Buy This Instead"

In February 2016, Jeff Brown picked Nvidia as one of his favorite stocks. Since then, shares have jumped enough to turn $1,000 into more than $230,000. If you missed out on those massive gains...

ERIC
Telefonaktiebolaget L M Ericsson ADR
NASDAQ
7.91
Open 8.00 Prev Close 8.01
High 8.01 Low 7.89
Volume 10,823,457 Volume (Avg) 15,927
52 Week High 8.90 52 Week Low 4.69
Market Cap 24.3B PE Ratio 2,197.22

About Telefonaktiebolaget L M Ericsson ADR

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other. The Networks segment offers radio access network (RAN) solutions for various network spectrum bands, including purpose-built and open RAN-prepared hardware and software. This segment also provides cloud RAN; transport solutions; passive and active antennas; and a range of service portfolios covering network deployment and support. The Cloud Software and Services segment offers core networks, business and operational support systems, network design and optimization, and managed network services. The Enterprise segment offers a 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 comprising 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 offers its services through wholesalers and distributors. The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

General

NameTelefonaktiebolaget L M Ericsson ADR
TickerERIC
ExchangeNASDAQ
SectorTechnology
IndustryCommunication Equipment
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees94,236

Highlights

Analyst Target7.67
Market Cap24,291,000,000
PE Ratio2,197.22
PEG Ratio3.53
EBITDA46,606,999,552

Share Stats

Shares Outstanding3,070,420,000
Shares Float3,064,560,000
Shares Short39,320,000
Insider Holdings0%
Institution Holdings13.30%

Highlights

Analyst Target7.67
Market Cap24,291,000,000
PE Ratio2,197.22
PEG Ratio3.53
EBITDA46,606,999,552

Valuation

Forward PE18.12
Price/Sales (Trailing 12 Mt.)0.11
Price/Book (Most Recent Quarter)3.00

Dividend

Telefonaktiebolaget L M Ericsson ADR pays out a dividend of $0.27 per share, with a dividend yield of 3.41%.

ERIC's last dividend payment was made to shareholders on October 16, 2024.

They pay out 0.00% of their earnings out as a dividend.

Recent Dividends

Oct 16, 2024$0.13
Apr 17, 2024$0.13
Oct 4, 2023$0.13
Apr 14, 2023$0.13
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