After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that KDDI Web Communications Launches Vonage Communications APIs to Strengthen Customer Engagement in Japan.
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Stocks Info
Telefonaktiebolaget L M Ericsson ADR is listed on the NASDAQ as a member of the Technology sector and is a part of the Communication Equipment industry. At the end of the last regular session, the stock closed at $5.46 and fluctuated between $5.48 as its day high and $5.42 as its day low. The current market capitalization of Telefonaktiebolaget L M Ericsson ADR is $16.75B. A total of 12.17 million shares were traded on the day, compared to an average of 15.75M shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, ERIC has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 3 BUYs and 0 SELLs from insiders. Insiders purchased 455 shares during that period but sold 0.
Dividend
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. ERIC’s most recent ex-dividend date was 9/28/2023 when it declared a $0.0820 quarterly dividend that was paid in cash on 10/4/2023. Previously, the company paid the dividend on 9/30/2022 with an ex-dividend date of 9/29/2022. The ERIC stock dividend was $0.0760 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for ERIC in the last 3 months, the mean price target is $6.09 with high estimates of $9.33 and low estimates of $4.00. In terms of 52-week highs and lows, ERIC has a high of $6.36 and a low of $4.33.
As of this writing, ERIC has an earnings estimate of $0.05 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.07 per share and a lower estimate of $0.04. The company reported an EPS of $0.08 in the last quarter, which was 14.30% higher than expectations of $0.07.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s 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 $2.94, while its Total Shareholder’s Equity was $107.10B.
Analysts Opinion
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. 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 2.50.
