Large-cap Technology company Ericsson has logged a 0.7% change today on a trading volume of 7,190,071. The average volume for the stock is 11,823,890.
Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. Based in Stockholm, Sweden the company has 101,351 full time employees and a market cap of $20,362,948,608. Ericsson currently offers its equity investors a dividend that yields 44.5% per year.
The company is now trading 36.8% away from its average analyst target price of $4.47 per share. The 3 analysts following the stock have set target prices ranging from $3.9 to $4.86, and on average give Ericsson a rating of hold.
Over the last 52 weeks, ERIC stock has risen 4.1%, which amounts to a -18.8% difference compared to the S&P 500. The stock's 52 week high is $6.43 whereas its 52 week low is $4.33 per share. With its net margins declining an average -47.6% over the last 0 years, Ericsson may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2016 | 220,316,000 | 3,632,000 | 2 | -66.67 |
| 2015 | 246,920,000 | 13,673,000 | 6 |
