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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 $5.86, down 0.17% from the previous day, and has increased 14.45% in one year. It has overperformed other stocks in the Communication Equipment industry by 0.14 percentage points. Ericsson Lm Telephone Co stock is currently +35.33% from its 52-week low of $4.33, and -7.86% from its 52-week high of $6.36.

As of May 24, 2024, there are 3.34B shares of ERIC outstanding. The market value of ERIC is $19.60B. In the last 24 hours, 13.16M 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.
  1. 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.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Pick your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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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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.

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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

ERIC Price
$5.86
1w %
2.09%
1y %
14.45%
5y %
-41.58%
P/E
-7.54x
P/B
2.03x
P/S
0.76x
PEG
N/A
Revenue
$25.77B
Earnings
-$2.59B
Fore. Rev. Growth
-4.98%
Fore. Earn. Growth
N/A
Market Cap
$19.60B
Next Earnings
Jul 12, 2024
Next Dividend
N/A

Ericsson Lm Telephone Co Zen 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 2.03x, relative to Communication Equipment industry P/B ratio of 2.78x

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

SMA10
5.74
SMA20
5.47
SMA50
5.35
SMA100
5.5
SMA200
5.28
MACD
0.17
MACD Signal
0.12
MACD Histogram
0.05
RSI
69.84
Stochastic %K
90.23
Stochastic %D
92.98
StochRSI %K
82.36
StochRSI %D
91.35

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 3.69%.

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 4.34%, compared to the Communication Equipment industry's average dividend yield of 2.51%. If you owned $1,000 of ERIC stock, you would have received $43.35 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.

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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:

  1. Figure out where to buy Ericsson Lm Telephone Co stock
  2. Open a brokerage account
  3. Deposit money your investment account
  4. Research Ericsson Lm Telephone Co stock
  5. Place your ERIC trade
  6. Monitor your ERIC investment

If you require a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If 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.

NASDAQ: ERIC
$5.86-0.01 (-0.17%)
Updated May 24, 2024
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NASDAQ: ERIC
$5.86-0.01 (-0.17%)
Updated May 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Ericsson Lm Telephone Co share?

As of May 24, 2024, it costs $5.86 to buy one share of Ericsson Lm Telephone Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.341 shares of ERIC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Ericsson Lm Telephone Co stock?

According to 1 Wall Street analysts who monitor Ericsson Lm Telephone Co, their consensus recommendation is to hold Ericsson Lm Telephone Co stock.

What is the best way to buy Ericsson Lm Telephone Co stock?

One way to place an order for Ericsson Lm Telephone Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.