Price Target Analysis of Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC)


Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) currently has a “Buy” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Sell” signal. 10 – 8 Day Moving Average Hilo Channel shows “Buy” signal. While 20-Day Moving Average VS Current Price shows “Buy” Signal.

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) gained 0.78 Percent and closed its previous trading session at $7.74. The stock traded with the average Volume of 5.97 Million at the end of last session.

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) has the Market Capitalization of 24.96 Billion. The Stock has its 52-week High of $8.05 and 52-Week Low of $5.52 and it touched its 52-week high on 05/09/18 and 52-Week Low on 09/21/17


The company reported its last earnings Actual EPS of $0.01/share. While, the analyst predicted that the company could provide an EPS of $-0.03/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.04/share which shows an Earnings Surprise of 133.3 Percent.

Sell side analysts plays vital role in buying and selling a stock where 0 analysts rated Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) as Buy, 0 analysts given Outperform signal, 4 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 0.39% where SMA50 and SMA200 are 1.8% and 14.34% respectively.

The company shows its Return on Assets (ROA) value of -8.8%. The Return on Equity (ROE) value stands at -21.8%. While it’s Return on Investment (ROI) value is -23.6%.

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) currently has a Weekly Volatility of 1.61% percent while its Monthly Volatility is at 1.54% percent. While talking about Performance of the Stock, Telefonaktiebolaget LM Ericsson (publ) currently has a Weekly performance of 1.04%, monthly performance percentage is 4.03 percent, Quarterly performance is 21.7 percent, 6 months performance shows a percent value of 13.99% and Yearly Performance is 3.75 percent.

Company Profile:

Ericsson is a world-leading supplier in the fast-growing and dynamic telecommunications and data communications industry, offering advanced communications solutions for mobile and fixed networks, as well as consumer products. The company is a total solutions supplier for all customer segments: network operators and service providers, enterprises and consumers. The company has the world’s largest customer base in the telecommunications field.