Ericsson operates through three business segments: Networks, Global Services and Support Solutions.
The company estimates that thousands of customers in some of the hardest hits areas of the coast may not be able to reconnect to Georgia Power service because of extensive damage.
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) declined -2.5% yesterday to close its trading session at $7.01. Ericsson has an average rating of "Hold" and a consensus target price of $8.49. Company shares have been recently noted at -46.56% off of the 52 week high and -2.26% away from the 52 week low.
Ericsson (ERIC) declared that the business result for the third quarter 2016 will be significantly lower than company expectations.
Several matter pinch shares of The Toronto-Dominion Bank (NYSE:TD) [Trend Analysis], as shares plunging -0.16% to $43.68 with a share volume of 1.75 Million. The company reported the earnings of $0.1/Share in the last quarter where the estimated EPS by analysts was $0.12/share. According to these analysts, the Low Revenue Estimate for Telefonaktiebolaget LM Ericsson (publ) is 6 Billion and the High Revenue Estimate is 6.77 Billion. Similarly, the company has Return on Assets of 4.9 percent, Return on Equity of 9.7 percent and Return on Investment of 9.1 Percent. Gross margins took a hit, falling to 28% from 34% over the same period past year, resulting in a whopping 94% operating income fall.
Many brokerage firms are involved in issuing their ratings on Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC).
Ericsson (NASDAQ:ERIC)'s stock had its "neutral" rating restated by equities research analysts at Morgan Stanley in a research report issued to clients and investors on Monday.
Number of analysts are eying on this stock, and after detailed observation they have given the stock mean target price of $6.80 while their mean recommendation is 3.20 (1=Buy, 5=sell). The median estimate represents a +7.70% increase from the last price of 7.01. The announcement came a week following Ericsson reported major job cuts in Sweden, and the firm stated Wednesday that it will need to come back for more to stabilize operations. The report will be for the fiscal Quarter ending Sep 2016. The 1 year EPS growth rate is 1.01.
Huntsman Corporation is among the world's largest global manufacturers of differentiated and commodity chemical products for a variety of industrial and consumer applications. The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. Analyst's mean target price for PLUG is $2.65 while analysts mean recommendation is 2.20. ERIC's profit will be $346.82M for 10.60 P/E if the $0.13 EPS becomes a reality. Monitoring recent stock trading activity, the stock price has reached $5.41. The stock's market capitalization is 18.10B. The firm touched its 52-Week high on Aug 30, 2016 and 52-Week low on Jan 20, 2016.
The Relative Volume of the company is 14.54 and Average Volume (3 months) is 3.98 million. The company has a total of 234.76 Million shares outstanding. The company has Weekly Volatility of 3.64%% and Monthly Volatility of 3.62%%. Ericsson has recorded a 50-day average of $6.99 and a two hundred day average of $7.74. Company gross margin stands at 34.70% whereas its return on investment (ROI) is 9.10%.