• Home
  • About Team
  • Privacy Policy
  • Contact Us

GoSportTimes

  • Money
  • Entertaiment
  • Industry
  • Science
  • Sports
  • World Media

Expert Analysts Outlook for: Ericsson (NASDAQ:ERIC)

  • by Carmen Reese
  • in Science
  • — Oct 14, 2016
Share:

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%.

Share:

IN CASE YOU MISSED IT

  • Verizon says Yahoo data breach had a "material" impact
  • Paul Ryan Throws Donald Trump Under the Bus
  • No. 2 Ohio State struggles at times but downs IN 38-17
  • YOU MAY ALSO LIKE...

    • Biden wants permanent residence for millions of immigrants 1/20/2021
    • Biden Expected to Cancel Keystone XL Pipeline 1/19/2021
    • NASA Hot Fire Test Cut Short By Engine Shutdown 1/17/2021
    • Air supply issues on ISS: Russian Orbital Segment reports failure 1/17/2021
    • Real dire wolves more intriguing than myth 1/16/2021
    • 'Tiger King' star Doc Antle indicted on wildlife trafficking charges 1/16/2021
    • Mechanisms Underlying SARS-CoV-2 Neuroinvasion Discovered 1/15/2021
    • Andy Murray tests positive for Covid-19 before Australian Open 1/15/2021
    • Health Officials Warn Of COVID-19 Vaccine Shortages Across Canada 1/14/2021
    • Manatee in Florida found with 'Trump' scraped on its back 1/12/2021

RELATED NEWS

Tinder has made a change that should get you more matches
I had no idea that the site did A/B testing with photos but soon after, I got this email telling me I had made a huge mistake. And of course, to incentivize you to swipe more often, Tinder insists Smart Photos only gets smarter with more use.
10/14/2016

Ryan may have to watch his back after distancing from Trump
Kellyanne Conway, campaign manager for Republican presidential candidate Donald Trump, speaks to reporters. Some polls now show that GOP voters who ditched the Trump Train over the weekend have also reboarded.
10/14/2016

'Extremely dangerous' Hurricane Nicole to pummel Bermuda
Hotels, meanwhile, reported an uptick in bookings as people sought shelters with power. They were served a free lunch as they waited for the hurricane to blow through.
10/14/2016

Who deserves to be No. 1: Alabama or Ohio State?
Peavy has been effective on that play this year and he'll likely be relied on again if the Wisconsin running game is struggling. Those Badgers, who opened the season with a 21-14 victory over No. 1 MI , finished 7-5 overall and 6-3 in the Big Ten.
10/14/2016

Ryan's break from Trump prompts talk of GOP rebellion
More realistically, he could govern as a centrist, abandoning some of the core conservative policies he promised voters he'd back. Why he would willfully choose to leave a person with bad behavior to enable one far worse to win the election is baffling.
10/14/2016

Here's Why Google Is Lying in its Pixel Ads
Fortunately for us, Verizon and Google have clarified this issue, and it's a win-win for you if you're planning to get a Pixel . That's good news if you are a Verizon customer, but plan on buying a Pixel smartphone from Google or another retailer.
10/14/2016

UK food prices to rise as pound drop stirs grocers dispute
Prime Minister Theresa May's official spokeswoman said: "It's a decision for companies how they market and sell their products". Mr Pitkethly added that he was confident that the dispute with Tesco would be "resolved very quickly".
10/14/2016

Early voting underway in Ohio
For the first time in MA , early voting will be available in which voters can cast ballots in advance of the actual election day. Early says he's been working to go into small towns and typically ignored areas of the state to drive out the vote for Trump.
10/14/2016

Spokesman says Trump never gave interview to a weekly Serbian magazine
President Bill Clinton's administration, reined in Yugoslav President Slobodan Milosevic and led to the end of the war in Kosovo. Security Council; Russia claims a cultural kinship with Serbia and views the region as part of its sphere of influence.
10/14/2016

JK Rowling Says 'Fantastic Beasts' Franchise Will Span 5 Movies
The eight "Harry Potter" films earned $7.7 billion worldwide, making it the most lucrative franchise in film history. Rowling has confirmed the Fantastic Beasts and Where to Find Them movie series will consist of five movies in total.
10/14/2016

    • Top picks

      • ONTARIO: Third provincial case of UK COVID-19 variant discovered in Ottawa12/29/2020
      • European Union to get over 12m Pfizer Covid vaccine doses by year-end12/23/2020
      • Biden introduces his climate team, says ‘no time to waste’12/20/2020
      • Chinese Craft Returns to Earth with Moon Rocks12/19/2020
    • Weekly News

      • The "Great Conjuction" is about to appear in the night sky12/18/2020
      • Canada agrees deal with US to send astronaut around the moon12/17/2020
      • Canada Administers Its 1st COVID-19 Vaccine Shots : Coronavirus Updates12/16/2020
      • 'New variant' of coronavirus identified in the UK12/16/2020
    • Latest News

      • 2 astronauts climb aboard SpaceX rocket for historic flight1/11/2021
      • Rams Defense Dominates Wilson And Seahawks1/11/2021
      • Two States Confirm First Cases of More Contagious COVID-19 Variant1/11/2021
      • Quebec becomes 4th province to confirm more contagious COVID-19 variant1/01/2021
    • Home
    • About Team
    • Privacy Policy
    • Contact Us

    Wednesday 20 January 2021

    © 2021 GoSportTimes. ALL RIGHTS RESERVED.