It’s Not Over Yet For Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC)

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 CRN® Names Vonage’s Jim Regan to 2024 Channel Chiefs List.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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. The current market capitalization of Telefonaktiebolaget L M Ericsson ADR is $17.12B. A total of 15.96 million shares were traded on the day, compared to an average of 15.54M shares.

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 4/4/2024 when it declared a $0.1293 quarterly dividend that was paid in cash on 3/7/2024. 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.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. 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.

Most Popular

Related Posts