More and more people are talking about Ericsson over the last few weeks. Is it worth buying the Broadcasting stock at a price of $8.71? Only time will tell. The information below will give you a basic idea of what this investment may entail:
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Ericsson has moved 48.2% over the last year, and the S&P 500 logged a change of 12.1%
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Its trailing earnings per share (EPS) is $0.05
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Ericsson has a trailing 12 month Price to Earnings (P/E) ratio of 174.3 while the S&P 500 average is 29.3
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Its forward earnings per share (EPS) is $0.52 and its forward P/E ratio is 16.8
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The company has a Price to Book (P/B) ratio of 0.34 in contrast to the S&P 500's average ratio of 4.74
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Ericsson is part of the Technology sector, which has an average P/E ratio of 30.44 and an average P/B of 4.19
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ERIC has reported YOY quarterly earnings growth of 61.4% and gross profit margins of 0.5%
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The company has a free cash flow of $41.74 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions to communications service providers, enterprises, and the public sector. It operates through Networks; Cloud Software and Services; Enterprise; and Other segments. The Networks segment offers hardware and software solutions, and related service offerings. This segment also provides radio access network (RAN) products consists of antennas, radios, baseband (RAN compute), and RAN software; RAN compute indoor and outdoor units supporting macro and micro sites; transport solutions; active and passive antennas, as well as antenna line devices, system accessories, and feeder system; and customer support, network tuning, and intelligent deployment services. The Cloud Software and Services segment provides core networks, business and operational support systems, network management and cognitive network solutions, and managed network services. The Enterprise segment offers global communications platform; wireless connectivity for vehicles, remote locations, and IoT applications and devices; and private cellular networks. The Other segment includes RedBee Media that prepares and distributes live and on-demand video services for broadcasters, sports leagues, and communications service providers. It has operations in North America, Europe, Latin America, the Middle East, Africa, Northeast Asia, Southeast Asia, Oceania, and India. 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.