Ericsson Stock Today

ERIC
 Stock
  

USD 5.85  0.10  1.68%   

Market Performance
0 of 100
Odds Of Distress
Less than 16
Ericsson ADR is trading at 5.85 as of the 26th of September 2022, a -1.68 percent decrease since the beginning of the trading day. The stock's open price was 5.95. Ericsson ADR has less than a 16 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Ericsson ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2021 and ending today, the 26th of September 2022. Click here to learn more.
Telefonaktiebolaget LM Ericsson , together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. Telefonaktiebolaget LM Ericsson was founded in 1876 and is headquartered in Stockholm, Sweden. The company has 3.33 B outstanding shares of which 8.74 M shares are currently shorted by private and institutional investors with about 1.04 trading days to cover. More on Ericsson ADR

Moving together with Ericsson ADR

+0.68HPEHewlett Packard Ente Fiscal Year End 29th of November 2022 PairCorr
+0.8HPQHp Inc Fiscal Year End 22nd of November 2022 PairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Ericsson ADR Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ericsson ADR's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ericsson ADR or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Ericsson ADR generated a negative expected return over the last 90 days
The company reported the previous year's revenue of 22.61 B. Net Loss for the year was (2.37 B) with profit before overhead, payroll, taxes, and interest of 101.02 B.
CEOHans Vestberg
Thematic Ideas
(view all).
Average Analyst Recommendation
Analysts covering Ericsson ADR report their recommendations after researching Ericsson ADR's financial statements, talking to executives and customers, or listening in on Ericsson ADR's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Ericsson ADR. The Ericsson consensus assessment is calculated by taking the average forecast from all of the analysts covering Ericsson ADR.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Ericsson ADR's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Ericsson ADR (ERIC) is traded on NASDAQ Exchange in USA and employs 101,459 people. The company currently falls under 'Large-Cap' category with current market capitalization of 21.04 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ericsson ADR's market, we take the total number of its shares issued and multiply it by Ericsson ADR's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Ericsson ADR conducts business under Technology sector and is part of Communication Equipment industry. The entity has 3.33 B outstanding shares of which 8.74 M shares are currently shorted by private and institutional investors with about 1.04 trading days to cover. Ericsson ADR currently holds about 4.8 B in cash with 2.35 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.46.
Check Ericsson ADR Probability Of Bankruptcy
Ownership
Ericsson ADR holds a total of three billion three hundred thirty million outstanding shares. Roughly 91.0 percent of Ericsson ADR outstanding shares are held by regular investors with 0.0 (percent) owned by insiders and only 8.96 % by other corporate entities. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Ericsson Ownership Details

Ericsson Stock Price Odds Analysis

What are Ericsson ADR's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Ericsson ADR jumping above the current price in 90 days from now is close to 99%. The Ericsson ADR probability density function shows the probability of Ericsson ADR stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.0741 suggesting Ericsson ADR market returns are sensitive to returns on the market. As the market goes up or down, Ericsson ADR is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Ericsson ADR is significantly underperforming DOW.
  Odds Below 5.85HorizonTargetOdds Above 5.85
0.01%90 days
 5.85 
99.99%
Based on a normal probability distribution, the odds of Ericsson ADR to move above the current price in 90 days from now is close to 99 (This Ericsson ADR probability density function shows the probability of Ericsson Stock to fall within a particular range of prices over 90 days) .

Ericsson ADR Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ericsson ADR market risk premium is the additional return an investor will receive from holding Ericsson ADR long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ericsson ADR. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ericsson ADR's alpha and beta are two of the key measurements used to evaluate Ericsson ADR's performance over the market, the standard measures of volatility play an important role as well.

Ericsson Stock Against Markets

Picking the right benchmark for Ericsson ADR stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ericsson ADR stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ericsson ADR is critical whether you are bullish or bearish towards Ericsson ADR at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ericsson ADR without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Companies Directory Now

   

Companies Directory

Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
All  Next Launch Module

Ericsson ADR Corporate Directors

Ericsson ADR corporate directors refer to members of an Ericsson ADR board of directors. The board of directors generally takes responsibility for the Ericsson ADR's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ericsson ADR's board members must vote for the resolution. The Ericsson ADR board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Nora Denzel - Independent DirectorProfile
Mikael Lannqvist - Director, Employee RepresentativeProfile
Ulf Johansson - Independent DirectorProfile
Karin Aberg - Director, Employee RepresentativeProfile

Invested in Ericsson ADR?

The danger of trading Ericsson ADR is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ericsson ADR is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ericsson ADR. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ericsson ADR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Investing Opportunities. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for analysis

When running Ericsson ADR price analysis, check to measure Ericsson ADR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ericsson ADR is operating at the current time. Most of Ericsson ADR's value examination focuses on studying past and present price action to predict the probability of Ericsson ADR's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ericsson ADR's price. Additionally, you may evaluate how the addition of Ericsson ADR to your portfolios can decrease your overall portfolio volatility.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Is Ericsson ADR's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ericsson ADR. If investors know Ericsson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ericsson ADR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Ericsson ADR is measured differently than its book value, which is the value of Ericsson that is recorded on the company's balance sheet. Investors also form their own opinion of Ericsson ADR's value that differs from its market value or its book value, called intrinsic value, which is Ericsson ADR's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ericsson ADR's market value can be influenced by many factors that don't directly affect Ericsson ADR's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ericsson ADR's value and its price as these two are different measures arrived at by different means. Investors typically determine Ericsson ADR value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ericsson ADR's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.