How to Buy Ericsson LM Telephone Co Stock
Ericsson LM Telephone Co
Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors.
Ericsson LM Telephone Co stock last closed at $8.33, down 1.42% from the previous day, and has increased 49.82% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.11 percentage points. Ericsson LM Telephone Co stock is currently +74.63% from its 52-week low of $4.77, and -3.36% from its 52-week high of $8.62.
As of Dec 6, 2024, there are 3.34B shares of ERIC outstanding. The market value of ERIC is $27.86B. In the last 24 hours, 11.7M ERIC shares were traded.
How to Buy Ericsson LM Telephone Co Stock
Wondering how to invest in Ericsson LM Telephone Co stock? Here's how.
- Figure out where to buy Ericsson LM Telephone Co stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Ericsson LM Telephone Co stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your method of payment and add your info.
- Research Ericsson LM Telephone Co stock: The Ericsson LM Telephone Co ticker symbol is ERIC. Is Ericsson LM Telephone Co stock a good investment? Should you buy shares of ERIC? How do ERIC's underlying business fundamentals look? Do top analysts think Ericsson LM Telephone Co is a good buy? Why has ERIC's stock price moved recently? (Hint: Our stock research website can help you understand if ERIC is a good stock to buy).
- Place your ERIC trade: Decide if you will purchase ERIC shares at the current market price or use a limit order to purchase ERIC shares at a specific price.
- Monitor your ERIC investment: Create a watchlist to get live updates on your new investment in Ericsson LM Telephone Co shares.
Step 1: Figure out where to buy Ericsson LM Telephone Co stock
You will need an online brokerage account in order to access the NASDAQ market and buy ERIC shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal details so you can buy ERIC stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit money your investment account
Now that you've opened your account on one of the most highly reviewed stock market apps, your next step is to transfer the money for your investment:
Watch the tutorial below for more details transferring funds into your new investment account.
Step 4: Research Ericsson LM Telephone Co stock
Once you have figured out the best place to buy Ericsson LM Telephone Co stock, it's critical to research their stock before you invest, so you truly wrap your head around the risk as well as the upside.
Ericsson LM Telephone Co shares quick numbers
Ericsson LM Telephone Co Due Diligence Score
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on ERIC's stock page.
Is ERIC stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ERIC's intrinsic value.
Using relative valuations measures:
- ERIC could be undervalued based on its P/B ratio of 2.89x, relative to Communication Equipment industry P/B ratio of 3.72x
You can access more valuation research on ERIC's stock here.
ERIC Financial Health
Positive Health Checks:
- Total ERIC debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the ERIC balance sheet.
- There are more short-term assets than short-term liabilities on the ERIC balance sheet.
Negative Health Checks:
- ERIC profit margin has gone down from 6.9% to -10% in the past year.
- ERIC earnings of -$1.91B is not enough to cover its interest payments.
- ERIC's operating cash flow of $702.25M allows it to safely service it's debt of $5.32B.
- ERIC has a relatively high debt to equity ratio of 2.01.
Do analysts think it's a good time to buy Ericsson LM Telephone Co stock
Out of 1 Equities analysts who research ERIC, the consensus analyst rating on Ericsson LM Telephone Co is a Hold
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Ericsson LM Telephone Co stock forecast page.
Metrics for Advanced ERIC Traders
ERIC Growth Metrics
Last year, ERIC revenue was $25.77B. Over the last 5 year, ERIC's revenue has gone up by 2.18% per year. This was slower than the Communication Equipment industry average of 6.06%.
Dig into ERIC's earnings and revenue performance here.
Latest Insiders Trades at ERIC
Over the last 12 months, insiders at ERIC have not bought or sold any shares.
Learn more about who owns ERIC stock here.
Can I get consistent income from ERIC stock?
Ericsson LM Telephone Co pays a dividend of 3.14%, compared to the Communication Equipment industry's average dividend yield of 2.55%. If you owned $1,000 of ERIC stock, you would have received $31.44 last year.
Ericsson LM Telephone Co dividend payments have not consistently grown over the past decade and have not remained stable.
Find more data about Ericsson LM Telephone Co dividend yield and history here.
What do other traders have to say about ERIC?
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your ERIC trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific price, use a limit order.
Click the Open button and your broker will place your order.
If you need more info about investing in stocks on eToro, click the how to video below:
Step 6: Monitor your ERIC investment
Now that you own some ERIC stock, you'll want to stay up-to-date on your investment.
Put ERIC on a watchlist to track your ERIC stock.
ERIC Feed
How to Buy Stock in Ericsson LM Telephone Co
To reiterate, here are the 6 steps to buy stock in Ericsson LM Telephone Co:
- Figure out where to buy Ericsson LM Telephone Co stock
- Open a brokerage account
- Deposit money your investment account
- Research Ericsson LM Telephone Co stock
- Place your ERIC trade
- Monitor your ERIC investment
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Ericsson LM Telephone Co, add ERIC to your watchlist by clicking the button below.
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