Is Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

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Stocks Info

Telefonaktiebolaget L M Ericsson ADR is listed on the NASDAQ in the Technology sector while operating in the Communication Equipment industry. The current market capitalization of Telefonaktiebolaget L M Ericsson ADR is $24.54B. A total of 16.63 million shares were traded on the day, compared to an average of 16.47M shares.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. ERIC’s most recent ex-dividend date was 10/2/2024 when it declared a $0.1293 quarterly dividend that was paid in cash on 10/2/2024. Previously, the company paid the dividend on 10/4/2023 with an ex-dividend date of 9/28/2023. The ERIC stock dividend was $0.0820 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, ERIC has a high of $8.62 and a low of $4.77.

As of this writing, ERIC has an earnings estimate of $0.23 per share for the current quarter. EPS was calculated based on a consensus of 1.0 estimates, with a high estimate of $0.23 per share and a lower estimate of $0.23. The company reported an EPS of $0.14 in the last quarter

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. ERIC’s latest balance sheet shows that the firm has $69.70B in Cash & Short Term Investments as of fiscal 2021. There were $41.13B in debt and $126.95B in liabilities at the time. Its Book Value Per Share was $2.56, while its Total Shareholder’s Equity was $107.10B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ERIC is Buy with a score of 2.10.

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