ERIC - Telefonaktiebolaget LM Ericsson (publ)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
8.80
-0.05 (-0.56%)
As of 3:34PM EDT. Market open.
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Previous Close8.85
Open8.83
Bid8.79 x 39400
Ask8.80 x 45900
Day's Range8.74 - 8.85
52 Week Range7.63 - 10.46
Volume9,384,710
Avg. Volume6,658,766
Market Cap29.085B
Beta (3Y Monthly)0.28
PE Ratio (TTM)N/A
EPS (TTM)-0.72
Earnings DateN/A
Forward Dividend & Yield0.11 (1.23%)
Ex-Dividend Date2019-03-28
1y Target Est10.56
Trade prices are not sourced from all markets
  • Reuters3 days ago

    Britain to cut Huawei decision from telecoms review -sources

    Britain plans to publish the results of a long-awaited telecoms supply chain review next week without a decision on the use of equipment made by China's Huawei in future 5G networks, people with knowledge of the matter told Reuters. Lawmakers said on Friday the government needed to make a decision on Huawei Technologies as "a matter of urgency" and continued delays were damaging international relations. Britain's National Security Council, chaired by outgoing Prime Minister Theresa May, met to discuss the issue in April and a decision was made to block Huawei from all critical parts of the 5G network over security concerns, but still allow it restricted access to less sensitive parts.

  • Analyzing Ericsson’s Q2 Earnings and Conference Call
    Market Realist4 days ago

    Analyzing Ericsson’s Q2 Earnings and Conference Call

    Ericsson (ERIC) reported its second-quarter earnings on Wednesday. The company reported revenues of 54.8 billion Swedish krona.

  • Company News for Jul 18, 2019
    Zacks4 days ago

    Company News for Jul 18, 2019

    Companies In The News Are: ABT, USB, ERIC, TXT

  • Telecom Stock Roundup: Ericsson Q2 Earnings Miss, AT&T's IBM Deal & More
    Zacks4 days ago

    Telecom Stock Roundup: Ericsson Q2 Earnings Miss, AT&T's IBM Deal & More

    Ericsson (ERIC) second-quarter 2019 earnings miss by a penny, while AT&T (T) collaborates with IBM to facilitate diverse businesses to harness edge connections and edge computing capabilities.

  • Down Double Digits After Q2 2019, Is Ericsson a Good Bet For 5G Investors?
    Motley Fool4 days ago

    Down Double Digits After Q2 2019, Is Ericsson a Good Bet For 5G Investors?

    The Swedish telecom equipment supplier is a solid bet in the age of mobility.

  • 3 Big Stock Charts for Thursday: Eastman Chemical, Verizon and General Motors
    InvestorPlace4 days ago

    3 Big Stock Charts for Thursday: Eastman Chemical, Verizon and General Motors

    After stalling on Monday and struggling on Tuesday, the bears finally got their pound of flesh. On Wednesday, the S&P 500 fell 0.65%, closing near its low for the day after a few too many investors rethought their positions after a fairly tough start to earnings season.Source: Shutterstock Railroad company CSX (NASDAQ:CSX) hit the wall the hardest, slumping more than 10% after falling short of last quarter's earnings expectations then underscoring that miss with a disappointing outlook. Telecom technology name Ericsson (NASDAQ:ERIC) was a miserable performer too, however, down 11% after missing its quarterly earnings estimates and painting a grim picture of its business in Asia.At the other end of the spectrum, Shopify (NYSE:SHOP) rallied more than 2% as investors jockeyed to get into the one name that could prove disruptive to the e-commerce landscape.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best Cryptocurrencies to Keep on Your Radar But none of those names are as compelling as the stock charts of Eastman Chemical Company (NYSE:EMN), General Motors (NYSE:GM) and Verizon Communications (NYSE:VZ) headed into Thursday's action. Here's what makes these three names so special. Eastman Chemical Company (EMN)Given the action Eastman Chemical Company shares have dished out over the past couple of weeks, it would be easy to say EMN just blew its chance at clearing its 200-day moving average line plotted in white on both stocks charts. The June rally was stopped cold there, and Tuesday's short-lived trek above the 200-day line was also halted when the late-June high near $80 was re-met.There's more bullishness packed into this chart than readily meets the eye, however. Another good nudge or two could do the trick. Click to Enlarge * Although the June effort to clear the 200-day moving average line failed, notice the subsequent pullback was halted and reversed cleanly at the purple 50-day moving average line. * Yesterday, the gray 100-day moving average line also became a support level. * While the 200-day line is a critical hurdle here, the $80 area has been defined as the make-or-break area for meaningful upside. Verizon Communications (VZ)With nothing more than a passing glance at Verizon Communications, it looks like the stock is simply range-bound, bouncing to and from near-term peaks and troughs. And, that may be all that's taking shape here.But, as was noted on June 21, VZ stock is increasingly putting pressure on its 200-day moving average line as a technical floor. Although it's still intact, the stock is quietly inching closer to a break under that support, which could easily open the doors to lower lows in a hurry. * 7 Stocks Top Investors Are Buying Now Click to Enlarge * Just since April, the testing of the 200-day line, plotted in white on both stock charts, has heated up to where it's being touched on a regular basis. * Although it has not happened yet, we're even closer to a so-called death cross now than we were a month ago. That's where the purple 50-day average crossed under the 200-day line. * Even a break under the 200-day line is no guarantee of a complete meltdown, however. There's a support line at $55.34, where the red, dashed line that connects the key lows since early last year lies. General Motors (GM)Like all other players in the automobile industry, General Motors has struggled since "peak auto" came and went in 2015. Although it fared better than the rest and it was able to drive GM stock sharply higher in 2017, it wasn't meant to last. The pullback has been particularly bumpy.There has been a method to the madness behind all the volatility, however. The highs and lows going back to 2015 have formed a wedge pattern that's squeezing General Motors shares into a point. The stock may not get all the way to the convergence of that triangle shape, however, if they can just get over the ceiling they're testing right now. Click to Enlarge * There are actually two upper boundaries of the wedge. The bigger-picture one is plotted as a white dashed line, while the gray dashed line has only taken shape since early 2018. * We've seen it before to no avail, but the white 200-day moving average line is sloped upward again, suggesting the longer-term trend is net-bullish. * Although pressing the upper boundary of the wedge right now, General Motors stock might be better served by sliding a little lower, regrouping and then trying one more time.As of this writing, James Brumley held no position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks Top Investors Are Buying Now * The 10 Best Cryptocurrencies to Keep on Your Radar * 7 Marijuana Penny Stocks That Could Triple (But You Won't Make Money) The post 3 Big Stock Charts for Thursday: Eastman Chemical, Verizon and General Motors appeared first on InvestorPlace.

  • Motley Fool5 days ago

    Why Textron, Nu Skin Enterprises, and Ericsson Slumped Today

    These stocks helped contribute to the broader market's losses.

  • Why LM Ericsson's Stock Fell 12% Today
    Motley Fool5 days ago

    Why LM Ericsson's Stock Fell 12% Today

    Investors took some profits off the table after an earnings report that delivered solid results but failed to set the world on fire.

  • Telefonaktiebolaget LM Ericsson (ERIC) Q2 Earnings Conference Call Transcript
    Motley Fool5 days ago

    Telefonaktiebolaget LM Ericsson (ERIC) Q2 Earnings Conference Call Transcript

    ERIC earnings call for the period ending June 30, 2019.

  • InvestorPlace5 days ago

    3 Hot Investing Trends: Next Steps and Big Opportunities

    That cracking sound you heard last week was the stock market breaking through its previous highs to set all-time records.Source: Shutterstock That moaning sound you heard was investors who thought: a) stocks would keep falling after the pullback in May, or b) stocks were at all-time highs and couldn't keep going higher.Either way, they're missing out.InvestorPlace - Stock Market News, Stock Advice & Trading TipsI hope you're not one of them. But if you are, it's not too late. That's my message to anyone who will listen to me.I for one am all in on stocks. That shouldn't surprise you if you're a regular MoneyWire reader. In My Top 10 Predictions for 2019 from last December, I said the S&P 500 Index would be up a minimum of 25% at some point during the year. As of today, it's up 21%. We're close.I am more confident than ever that the market will top 25% gains in the coming months. I like the current environment, and I also just came across pretty compelling historical data that is perfect for current conditions. I'll have more for you on that next week.The U.S. stock market continues to be the greatest wealth creator in the history of mankind. If you want to live the life of your dreams, you need to be invested in stocks -- especially companies leading the way in massive, unstoppable trends that are changing our world.These are the themes I research deeply and talk to so many industry insiders about.They are themes that you can profit from in multiple ways.And they are the themes that give you the absolute best chances to make 2X, 3X, 5X, or even 10X your money.Let's check in on some of the latest news in those trends. Another Step on the Path to LegalizationWe have to start with marijuana. It may be the hottest theme right now, and it's a monster opportunity that just got better.We continue to get more signals that legalization is around the corner, and the latest is a big one. Last Wednesday, the House Judiciary Subcommittee on Crime, Terrorism and Homeland Security held a hearing in which reform of marijuana laws was discussed.As I wrote last week, the need for reform is something both parties actually agree on. There still needs to be agreement on exactly what reform would look like, whether it's decriminalization, changing marijuana's status as a Schedule 1 drug, opening up banking laws for marijuana companies, or leaving the decision to the states.Any of those options move us closer to full legalization and will supercharge the already huge opportunity.Also this week, another one of our stocks joined the Pot Jumpers club as KushCo Holdings (OTCMKTS:KSHB) applied to uplist to the Nasdaq Composite from the Over-the-Counter (OTC) Exchange.Jumper Stocks are one of the most exciting opportunities in the exploding legal marijuana industry. These jumps from the minor leagues to the major leagues give companies instant credibility, access to institutional buyers previously forbidden from owning shares, and increased coverage from analysts.All of it is like fuel for the rocket ship. (I actually just recommended my newest Pot Jumper stock, which is a bit different than our others and is in great position. I'm targeting at least 3.5X our initial investment.)We've seen a few marijuana stocks make the jump already this year, but less than 10% of all cannabis-related companies currently trade on the big exchanges. This trend is still in its very early stages, so expect a lot more uplistings in the future.I also want to let you know that I'm about finished beta testing a new way to make money in marijuana stocks. I don't see anyone else doing this yet, but the early results are incredible. (You can learn more about it here, including how to get access to it for free when it's ready to go.) Big Names Continue to Pour Big Money Into Transportation 2.0"Our industry is going to change more deeply in the coming 10 years than in the 100 years before."Matthias Muller, the then CEO of Volkswagen, spoke those words in May 2017. A little more than two years later, the world's second largest car maker is investing a lot of money in what's to come.This morning, Volkswagen (OTCMKTS:VWAGY) and Ford Motor (NYSE:F) expanded on an existing partnership, adding both electric vehicles (EVs) and autonomous vehicles (AVs) to the list of things they're working on. Ford had already invested $1 billion in Argo AI, a private company developing a self-driving system. Volkswagen will invest $2.6 billion in the same company.Volkswagen has also already invested about $10 billion in developing EVs, while Ford is investing $11 billion over the next several years.The stakes are so big that other companies usually viewed as competitors have teamed up to develop EVs and AVs, including General Motors (NYSE:GM) and Honda Motor (NYSE:HMC) as well as BMW (OTCMKTS:BMWYY) and Daimler (OTCMKTS:DMLRY).When an industry like transportation is disrupted, it will lead to trillions of dollars moving from the old to the new. You want to invest in companies that will be on the receiving end of these trillions of dollars on the move. Investors can make a tremendous amount of money in a short time. What's coming is going to be that powerful. 5G Makes HistoryLongtime readers know I'm a huge sports fan, so I especially love it when sports and technology come together … not to mention investing opportunities.Last Thursday, the NBA broadcast a Summer League game between the Atlanta Hawks and the Washington Wizards using smartphones and 5G technology. The game was on in several places, including the ESPN app, NBA TV Canada, and NBA League Pass. AT&T (NYSE:T) provided the 5G network. Samsung provided the smartphones. And Ericsson (NASDAQ:ERIC) provided the network infrastructure.The 5G network is the biggest breakthrough yet in this age of wireless communications. Just as there were fortunes made in prior generations, there will be big money made once again. In fact, I think the opportunity is even bigger now because the leap ahead will drive some of the most powerful tech trends the world has seen -- cloud computing, virtual reality, smart cities, healthcare, autonomous vehicles, and on and on.I think of it as the next-generation toll road. The road to the future passes through 5G, and it's time to set up our booth and start collecting.Matthew McCall is the founder and president of Penn Financial Group, an investment advisory firm, as well as the editor of Investment Opportunities and Early Stage Investor. He has dedicated his career to getting investors into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla (TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in Bitcoin Services (BTSC), just to name a few. If you're interested in making triple-digit gains from the world's biggest investment trends BEFORE anyone else, click here to learn more about Matt McCall and his investments strategy today. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 3 Hot Investing Trends: Next Steps and Big Opportunities appeared first on InvestorPlace.

  • Ericsson (ERIC) Q2 Earnings Miss, Sales Up Y/Y, Stock Down
    Zacks5 days ago

    Ericsson (ERIC) Q2 Earnings Miss, Sales Up Y/Y, Stock Down

    Higher y-o-y sales in network business aid Ericsson's (ERIC) second-quarter results. However, shares are down in pre-market as large-scale deployments are expected to hurt margins in the short term.

  • Ericsson Ends Run of Earnings Beats With Asia Warning
    Bloomberg5 days ago

    Ericsson Ends Run of Earnings Beats With Asia Warning

    (Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Ericsson AB posted earnings that missed analyst estimates for the first time in six quarters and warned its rollout of 5G mobile networks in Asia would weigh on profits, in a rare setback to Chief Executive Officer Borje Ekholm’s turnaround efforts.With Ericsson battling Finland’s Nokia Oyj and China’s Huawei Technologies Co. for pole position in 5G, Ericsson said the first big deployments in Asia will gradually pull down margins, although not enough to jeopardize profitability targets for 2020.Wireless operators are preparing for heavy spending on the new networks that offer super-fast download speeds, minimal delay and capacity for more simultaneous connections. Their suppliers are likely to sacrifice short-term profits to win the first big contracts as that gives them a better chance of securing longer-term business.With Huawei targeted by a U.S. campaign to have it blocked on security grounds, its Nordic rivals may be able to pick up more work. In an interview on Bloomberg TV, Ekholm said Ericsson is gaining market share, though it hasn’t won any contracts as a direct result of Huawei’s troubles.“We’re trying to strengthen our footprint in front of the 5G rollout,” he said. “Of course that is going to impact the margins, but as you see on networks, we can really manage that within the guidance we have given.’’Ericsson shares, which gained after the previous five quarterly reports, fell as much as 7.6%, the most since January 2018. The stock had risen 33% in the past year as Ekholm’s two-year effort to reverse a slump in profits begins to pay off.New Street Research’s Pierre Ferragu said lower-margin 5G deployments could hold back Ericsson’s profitability in the near term and, while the company has seen brisk business with U.S. operators this year, those revenues may be challenging to maintain.“We see Ericsson fully benefiting from the 5G cycle in 2021,” the analyst wrote. However, 2020 could be a “surprisingly painful” transition year, he added.Analyst Miss?Ekholm has ended a run of disastrous results by cutting costs, dropping unprofitable business lines and investing more in research so Ericsson can ride the wave of 5G spending. He’s cautioned that the company may experience temporary setbacks as its focus is on building a stronger business in the longer run.Ericsson Investors Start to Enjoy Life Without Nasty SurprisesThe Swedish vendor’s adjusted operating profit rose to 3.9 billion kronor ($415 million) from 2.0 billion kronor a year earlier. That compared with the average estimate of 4.4 billion kronor in a Bloomberg survey of analysts.All of Ericsson’s businesses units except its networks division posted results below estimates, showing Ekholm has more work to do after a successful turnaround of the company’s biggest unit. The CEO suggested that analysts may have been overestimating results in the digital services and managed services units.“I sometimes like to say that maybe the analysts have missed,” Ekholm said. “We have said that improvements will not be linear and they will vary from quarter to quarter.”(Adds analyst comment from eighth paragraph.)\--With assistance from Kit Rees.To contact the reporter on this story: Niclas Rolander in Stockholm at nrolander@bloomberg.netTo contact the editors responsible for this story: Rebecca Penty at rpenty@bloomberg.net, Thomas Pfeiffer, Marthe FourcadeFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • ACCESSWIRE5 days ago

    Telefonaktiebolaget LM Ericsson to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / July 17, 2019 / Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on July 17, 2019 at ...

  • European markets subdued on trade war concerns but inflation data buoys stimulus hopes
    MarketWatch5 days ago

    European markets subdued on trade war concerns but inflation data buoys stimulus hopes

    European markets were subdued on Wednesday as trade war concerns spilled over onto the continent but Eurozone inflation data maintained hopes of fresh stimulus.

  • Ericsson warns on negative margin impact, shares fall 7%
    Reuters5 days ago

    Ericsson warns on negative margin impact, shares fall 7%

    Telecoms equipment maker Ericsson posted quarterly earnings in line with forecasts but said it expected costs related to winning new contracts for its network business to hit profit margins in the second half of the year. Instead, Ericsson said it was on track to meet its financial targets for 2020 and 2022 due to strong demand for 5G equipment. The mobile network equipment maker has staked its recovery on growing demand for next-generation 5G equipment.

  • PR Newswire5 days ago

    Ericsson Reports Second Quarter Results 2019

    STOCKHOLM , July 17, 2019 /PRNewswire/ -- Second quarter highlights   Sales were SEK 54.8 (49.8) b . Sales adjusted for comparable units and currency increased by 7% driven by growth in Networks in North ...

  • Reuters5 days ago

    UPDATE 2-Ericsson warns on negative margin impact, shares fall 7%

    Telecoms equipment maker Ericsson posted quarterly earnings in line with forecasts but said it expected costs related to winning new contracts for its network business to hit profit margins in the second half of the year. Instead, Ericsson said it was on track to meet its financial targets for 2020 and 2022 due to strong demand for 5G equipment. The mobile network equipment maker has staked its recovery on growing demand for next-generation 5G equipment.

  • TheStreet.com5 days ago

    Ericsson Skids After Noting Weaker Profit Margins Needed to Win Big 5G Contracts

    Ericsson shares skidded lower Wednesday after the network equipment maker posted solid second quarter earnings but said it would likely face weaker near-term profit margins as it moved to win bigger 5G contracts from rivals such as Finland's Nokia and China's Huawei Technologies.

  • Verizon, Ericsson to Bring Cloud Native Tech in Live Network
    Zacks6 days ago

    Verizon, Ericsson to Bring Cloud Native Tech in Live Network

    Verizon (VZ) and Ericsson (ERIC) exhibit how cloud native Evolved Packet Core technology can be crucial in increasing efficiency and utilization of the cloud infrastructure.

  • T-Mobile Unveils NB-IoT Asset Tracking Solution With Roambee
    Zacks6 days ago

    T-Mobile Unveils NB-IoT Asset Tracking Solution With Roambee

    T-Mobile (TMUS) and Roambee aim to provide a comprehensive asset tracking solution that works exclusively on Narrowband Internet of Things network.

  • Reuters6 days ago

    UPDATE 1-Norway's Telenor CEO sees decision on 5G supplier in Q4

    Telenor expects to decide on its supplier of 5G technology in the fourth quarter of 2019, its CEO told Reuters, despite having as yet no clarification from Norwegian authorities as to whether Huawei can be one of them. The Nordic country's government has for months been assessing measures to reduce potential vulnerabilities in its telecoms industry and, like other U.S. allies, is under pressure from Washington not to allow the Chinese company as a supplier.

  • Ericsson (ERIC) to Report Q2 Earnings: What's in Store?
    Zacks7 days ago

    Ericsson (ERIC) to Report Q2 Earnings: What's in Store?

    Healthy demand for core 5G technology and equipment will likely drive Ericsson's (ERIC) Q2 revenues. However, unfavorable mix between coverage & capacity and services is expected to weigh on margins.

  • Reuters10 days ago

    Sweden's Ericsson sees Brazil switching on 5G network by early 2021

    Swedish telecoms equipment maker Ericsson expects Brazil to switch on its fifth-generation (5G) network by early 2021, several months after a spectrum auction set for March next year, a top executive told Reuters. The company is working closely with local operators and Brazilian telecoms regulator Anatel to test the technology ahead of the long-awaited auction, said Eduardo Ricotta, president of Ericsson Latam South, in a Thursday interview. "Cleaning up the bandwidth is necessary because some of the frequencies to be allocated to 5G might have interferences with satellites," Ricotta said.

  • Telecom Firms Collaborate to Deliver 5G on Low-Band Spectrum
    Zacks10 days ago

    Telecom Firms Collaborate to Deliver 5G on Low-Band Spectrum

    Collaboration between tech firms is likely to serve as a major landmark in the 5G history of the country, and sow the seeds for delivering the state-of-the-art technology beyond urban areas.