The Elon Shock
All of Elon Musk's strange behavior in recent times is starting to make sense. His feuds with other leading technologists like Sam Altman and Bill Gates has all been building up to what he's been planning in Washington. It's a fascinating new financial story that some say could change life in America forever.
About Telefonaktiebolaget L M Ericsson ADR
Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other. The Networks segment offers radio access network (RAN) solutions for various network spectrum bands, including purpose-built and open RAN-prepared hardware and software. This segment also provides cloud RAN; transport solutions; passive and active antennas; and a range of service portfolios covering network deployment and support. The Cloud Software and Services segment offers core networks, business and operational support systems, network design and optimization, and managed network services. The Enterprise segment offers a global communications platform, including cloud-based unified communications as a service, contact center as a service, and communications platform as a service; enterprise wireless solutions comprising private wireless networks and wireless wan pre-packaged solutions; and technologies and new business solutions, such as mobile financial services, security solutions, and advertising services. The Other segment includes Redbee media that prepares and distributes live and video services for broadcasters, sports leagues, and communications service providers. It offers its services through wholesalers and distributors. 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.
General
| Name | Telefonaktiebolaget L M Ericsson ADR |
| Ticker | ERIC |
| Exchange | NASDAQ |
| Sector | Technology |
| Industry | Communication Equipment |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 94,236 |
Highlights
| Analyst Target | 7.67 |
| Market Cap | 24,291,000,000 |
| PE Ratio | 2,197.22 |
| PEG Ratio | 3.53 |
| EBITDA | 46,606,999,552 |
Share Stats
| Shares Outstanding | 3,070,420,000 |
| Shares Float | 3,064,560,000 |
| Shares Short | 39,320,000 |
| Insider Holdings | 0% |
| Institution Holdings | 13.30% |
Highlights
| Analyst Target | 7.67 |
| Market Cap | 24,291,000,000 |
| PE Ratio | 2,197.22 |
| PEG Ratio | 3.53 |
| EBITDA | 46,606,999,552 |
Valuation
| Forward PE | 18.12 |
| Price/Sales (Trailing 12 Mt.) | 0.11 |
| Price/Book (Most Recent Quarter) | 3.00 |
Dividend
Telefonaktiebolaget L M Ericsson ADR pays out a dividend of $0.27 per share, with a dividend yield of 3.41%.
ERIC's last dividend payment was made to shareholders on October 16, 2024.
They pay out 0.00% of their earnings out as a dividend.
Recent Dividends
| Oct 16, 2024 | $0.13 |
| Apr 17, 2024 | $0.13 |
| Oct 4, 2023 | $0.13 |
| Apr 14, 2023 | $0.13 |
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