Telefonaktiebolaget L M Ericsson ADR (NASDAQ:ERIC) currently has a daily average trading volume of 23.44M but it saw 43592489 shares traded in last market. With a market cap of 22.64B USD, the company’s current market price of $7.37 came rising about 2.08 while comparing to the previous closing price of $7.22. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.99 and as low as $6.41. In the recent trading on the day, stock has struck highest price mark of $7.31 while lowest mark touched by it was $7.49.
Over the week, ERIC’s stock price is moving -10.01% down while it is -12.05% when we observe its performance for the past one month. Year-to-date it is 10.33% up and over the past year, the stock is showing a downside performance of -8.56%.
The company is expected to be releasing its next quarterly report on 2025-Apr-15, for which analysts forecasted an EPS of 0.11 while estimate for next year EPS is 0.57. In next quarter, company is expected to be making quarterly sales of $60.22B as analysts are expecting the sales for current fiscal year at $247.88B and seeing the company making $253.33B in sales next year. Moreover, analysts are in estimates of $59.76B for current-quarter revenue.
Currently, Telefonaktiebolaget L M Ericsson ADR’s total number of outstanding shares is 3.07B with 0.00% of that held by the insiders while 13.22% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 13.12% and return on equity (ROE) at 19.63%. It has a price to earnings ratio (P/E ratio) of 14.73 while having a 12.64 of forward P/E ratio. Stock’s beta reads 0.90. Stock has a price to book (P/B) ratio of 2.70 while price to sale or P/S ratio amounts to 0.96. Its return on asset (ROA) is 6.11% on average.
