Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Sweden
  4. Nasdaq Stockholm
  5. ERICSSON
  6. News
  7. MarketScreener Strategies
    ERIC B   SE0000108656

ERICSSON

(ERIC B)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

ERICSSON : The underlying trend is in force again

01/05/2021 | 04:06am EDT
long trade
Target price hit
Entry price : 99.56SEK | Target : 108SEK | Stop-loss : 96SEK | Potential : 8.48%
Shares in Ericsson AB do not show any sign of a slowdown in the ascending dynamic. Investors could bet on a continuation of the underlying trend.
Investors have an opportunity to buy the stock and target the SEK 108.
ERICSSON : ERICSSON : The underlying trend is in force again
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • The company has solid fundamentals for a short-term investment strategy.

Strengths
  • The company is in a robust financial situation considering its net cash and margin position.
  • Analysts covering this company mostly recommend stock overweighting or purchase.
  • The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
  • The stock is in a well-established, long-term rising trend above the technical support level at 83.6 SEK

Weaknesses
  • The company's earnings releases usually do not meet expectations.

© MarketScreener.com 2021

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials
Sales 2021 234 B 26 925 M 26 925 M
Net income 2021 18 331 M 2 112 M 2 112 M
Net cash 2021 33 725 M 3 885 M 3 885 M
P/E ratio 2021 17,9x
Yield 2021 2,16%
Capitalization 328 B 37 748 M 37 763 M
EV / Sales 2021 1,26x
EV / Sales 2022 1,17x
Nbr of Employees 101 624
Free-Float 89,4%
Upcoming event on ERICSSON
09/30/21
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 98,45 SEK
Average target price 129,23 SEK
Spread / Average Target 31,3%
EPS Revisions
Managers and Directors
Erik Börje Ekholm President, Chief Executive Officer & Director
Carl Mellander CFO, Senior VP & Head-Group Function Finance
Ronnie Leten Chairman
Erik Ekudden Chief Technology Officer & Senior Vice President
Xavier Dedullen Secretary, Chief Legal Officer & Senior VP
Sector and Competitors
1st jan.Capi. (M$)
ERICSSON0.83%37 748
CISCO SYSTEMS, INC.27.04%239 778
MOTOROLA SOLUTIONS, INC.39.61%40 201
FOXCONN INDUSTRIAL INTERNET CO., LTD.-14.17%36 103
NOKIA OYJ49.13%31 143
ARISTA NETWORKS, INC.23.60%27 551