It is expected that in Mar 2019 quarter, Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) will have an EPS of $0.04, while that of Jun 2019 is projected at $0.08. It means that there could be a 300% and 900% growth in the two quarters respectively. Yearly earnings are expected to rise by 1100% to about $0.36. As for the coming year, growth will be about 19.44%, lifting earnings to $0.43. RSI after the last trading period was 54.28. ERIC recorded a change of 0.57% over the past week and returned -2.84% over the last three months while the ERIC stock’s monthly performance revealed a shift in price of 0.79%. The year to date (YTD) performance stands at 0.23%, and the bi-yearly performance specified an activity trend of 12.39% while the shares have moved 42.47% for the past 12 months.
ERIC’s EPS was -$0.05 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $0.05. That means that its growth in general now stands at -200%. Therefore, a prediction of $0.14 given by the analysts brought a negative surprise of -136%. ERIC Dec 19 quarter revenue was $7.21 billion, compared to $6.69 billion recorded in same quarter last year, giving it a 8% growth rate. The company’s $0.52 billion revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.
Telefonaktiebolaget LM Ericsson (publ) (ERIC) currently trades at $8.89, which is higher by 1.25% its previous price. It has a total of 3.3 billion outstanding shares, with an ATR of around 0.21. The company’s stock volume dropped to 5.18 million, worse than 6.03 million that represents its 50-day average. A 5-day increase of about 0.57% in its price means ERIC is now 0.23% higher on year-to-date. The shares have surrendered $43185.11 since its $9.45 52-week high price recorded on 19th of October 2018. Overall, it has seen a growth rate of 42.47 over the last 12 months. The current price per share is $2.89 above the 52 week low of $6.00 set on 4th of April 2018.
4 analysts out of 11 Wall Street brokerage firms rate ERIC stock as a Buy, while 1 see it as a Sell. The rest 6 describe it as a Hold. The stock traded higher to an intra-day high of $8.97. At one point in session, its potential discontinued and the price was down to lows at $8.82. Analysts have set ERIC’s consensus price at $9.78, effectively giving it a 10.01% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $11.08 (up 24.63% from current price levels). ERIC has a -26.2% ROE, lower than the 7.18% average for the industry. The average ROE for the sector is 17.29%.
The Hain Celestial Group, Inc. (NASDAQ:HAIN) shares appreciated 5.85% over the last trading period, taking overall 5-day performance up to -7.68%. ERIC’s price now at $16.84 is weaker than the 50-day average of $17.84. Getting the trading period increased to 200 days, the stock price was seen at $24.89 on average. The general public currently hold control of a total of 101.62 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 105.63 million. The company’s management holds a total of 2%, while institutional investors hold about 96.6% of the remaining shares. ERIC share price finished last trade -5.78% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -32.5%, while closing the session with -6.04% distance from 50 day simple moving average.
The Hain Celestial Group, Inc. (HAIN) shares were last observed trading -53.42% down since March 12, 2018 when the peak of $36.15 was hit. Last month’s price growth of -6.03% puts HAIN performance for the year now at 6.18%. Consequently, the shares price is trending higher by 16.54%, a 52-week worst price since Feb. 07, 2019. However, it is losing value with -40.91% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $15.46 and $16.15. The immediate resistance area is now $17.29 Williams’s%R (14) for HAIN moved to 43.63 while the stochastic%K points at 43.63.