24 June, 2017
The stock has Return on Assets (ROA) of -4 percent. 2,464,880 shares of the company's stock were exchanged. The stock has lost -0.88%, reaching at $152.05 after hovering between $151.40 and $154.50. About 2.59M shares traded. It has underperformed by 25.18% the S&P500.
Intrust Bank Na decreased its stake in Ericsson (ERIC) by 65.94% based on its latest 2016Q4 regulatory filing with the SEC. Regardless, closing prices are a useful tool that investors use to quantify changes in stock prices over time. PNC Financial Services Group Inc. now owns 35,209 shares of the communications equipment provider's stock worth $234,000 after buying an additional 4,663 shares in the last quarter. The firm's market cap is $23.73 billion. The company's stock had a trading volume of 2,886,023 shares.
BHP Billiton plc (BBL) climbed 0.10% and its total traded volume was 1.54 million shares contrast to the average volume of 1.67 million shares. Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) has declined 12.25% since June 22, 2016 and is downtrending. Conning stated it has 72,619 shares. Counselors Inc stated it has 0.51% in Waste Management, Inc. Creative Planning owns 51,327 shares or 0.02% of their USA portfolio. Texas-based Employees Retirement System Of Texas has invested 0.02% in Waste Management, Inc. Hotchkis & Wiley Capital Management LLC boosted its position in shares of Ericsson by 67.8% in the fourth quarter.
More notable recent Waste Management, Inc.
New York Mortgage Trust, Inc. Also Nasdaq.com published the news titled: "Ericsson Divests Power Module Unit as Part of Restructuring" on June 22, 2017. (WM) to Your Portfolio Now" with publication date: "June 15, 2017. (NYSE:VZ) on Tuesday, January 3 to "Buy" rating. Telefonaktiebolaget LM Ericsson has a 1-year low of $4.83 and a 1-year high of $8.04. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $5.43.
03/08/2017 - Ericsson was upgraded to "buy" by analysts at Goldman Sachs.
Netflix, Inc. (NASDAQ:NFLX) stock reached a 1-year peak price of $166.87. The rating was downgraded by Charter Equity on Wednesday, July 20 to "Mkt Underperform".
03/15/2017 - Ericsson had its "market perform" rating reiterated by analysts at BMO Capital Markets. The firm has "Equal Weight" rating by Barclays Capital given on Thursday, April 13. The Firm operates through community banking segment.
The communications equipment provider reported ($0.27) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by $0.30.
Shares of the company have shown an EPS growth of -32.60% in the last 5 years. This translates into $204.64 million profit for ERIC giving the stock a 30.33 P/E. Equities research analysts anticipate that Ericsson will post $0.32 EPS for the current fiscal year.
6/2/2017 - Telefonaktiebolaget LM Ericsson was upgraded by analysts at ValuEngine from a "strong sell" rating to a "sell" rating. Therefore 29% are positive.
Analysts are also projecting an Average Revenue Estimate for Telefonaktiebolaget LM Ericsson (publ) as $5.74 Million in the Current Quarter. The firm has "Buy" rating given on Tuesday, February 21 by Moffett Nathanson. The stock of Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) earned "Hold" rating by Zacks on Wednesday, August 5. The firm earned "Neutral" rating on Tuesday, October 25 by JP Morgan. The stock of Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) earned "Hold" rating by Canaccord Genuity on Friday, May 26. The rating was downgraded by Goldman Sachs to "Sell" on Thursday, January 21. Bank of America Corporation reissued a "buy" rating on shares of Telefonaktiebolaget LM Ericsson in a report on Friday, June 2nd.
