ERIC - Telefonaktiebolaget LM Ericsson (publ)
| Previous Close | 9.70 |
| Open | 9.90 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 1000 |
| Day's Range | 9.89 - 10.10 |
| 52 Week Range | 7.16 - 10.46 |
| Volume | 24,054,109 |
| Avg. Volume | 6,114,911 |
| Market Cap | 34.144B |
| Beta (3Y Monthly) | 0.31 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.72 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.11 (1.19%) |
| Ex-Dividend Date | 2019-03-28 |
| 1y Target Est | 10.29 |
- Benzinga•10 hours ago
Ericsson Could Benefit From 5G Deployment, US Pressure On Huawei, BofA Says In Upgrade
Bank of America Merrill Lynch held meetings with Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC ) management Friday that it said inspired greater confidence in the company’s scope for growth and turnaround ...
- CNBC•17 hours ago
Here are the biggest analyst calls of the day: Tesla, Anheuser-Busch, Activision Blizzard & more
Citi lowered its price target on Tesla to $191 from $238 Guggenheim named Anheuser-Busch InBev a best idea Evercore ISI upgraded Legg Mason to in-line from underperform Stephens downgraded Activision Blizzard to equal-weight from overweight Bank of America upgraded Ericsson to buy from neutral J.
- Zacks•2 days ago
The Zacks Analyst Blog Highlights: Ping An Insurance, Ericsson and lululemon
The Zacks Analyst Blog Highlights: Ping An Insurance, Ericsson and lululemon
- Zacks•2 days ago
The Fed Speaks (and Speaks): Global Week Ahead
Chicago Fed President Evans will appear at the same conference along with opening remarks from Atlanta Fed President Bostic. Regional presidents Kaplan, Harker, Rosengren, Bullard, Williams, Daly, Barkin and Bostic will also deliver talks over the course of the Global Week Ahead.
- Zacks•3 days ago
Has Ericsson (ERIC) Outpaced Other Computer and Technology Stocks This Year?
Is (ERIC) Outperforming Other Computer and Technology Stocks This Year?
- Zacks•7 days ago
US Adds Huawei to Entity List: Game, Set, Match in Tech War?
As Huawei enters the Entity List, U.S. suppliers like Qualcomm (QCOM) and Broadcom (AVGO) will have to apply for licenses to provide components to the Chinese firm.
- American City Business Journals•8 days ago
Ericsson director delivers IoT value propositions for customers
Dr. Brenda Ann Connor, Director of IoT Wholesale Services at Ericsson, provides crisp Internet of Things value propositions so that her customers can “turn ideation into commercial reality.”
- Zacks•9 days ago
The Zacks Analyst Blog Highlights: Comcast, Banco Bradesco, Lloyds, Roper and Ericsson
The Zacks Analyst Blog Highlights: Comcast, Banco Bradesco, Lloyds, Roper and Ericsson
- Zacks•10 days ago
5 Blue-Chip Stocks to Buy as "Trump Put" Negates Trade Fears
Trump's brinkmanship could raise volatility, making blue-chips a great option for investors.
- Zacks•13 days ago
Value Investing Set to Shine: 5 Top-Ranked ETFs & Stocks
Value investing seek to capitalize on inefficiencies in the market and have the potential to deliver higher returns with lower volatility compared with growth and blend counterparts.
- PR Newswire•14 days ago
Carolina West Wireless signs multi-year network modernization deal with Ericsson
-- Ericsson will enable Carolina West Wireless to offer Voice over LTE and Wi-Fi calling to improve voice quality and voice service reach for their customers -- Contract includes plan designed for the ...
- Zacks•14 days ago
Near-Term Prospects for Wireless Equipment Industry Promising
Near-Term Prospects for Wireless Equipment Industry Promising
CNW Group•15 days agoVideotron and its partners deploy a 5G-enabled site in the Open-Air Laboratory for Smart Living
MONTREAL , May 8, 2019 /CNW Telbec/ - The partners in the Open-Air Laboratory for Smart Living (LabVI) are pleased to announce that a new-generation 5G site recently went live in the Montreal's Quartier de l'Innovation. The new network, installed at an existing LTE site on the roof of the École de technologie supérieure (ÉTS), has been set up to test the applications of the future, today. Engineers from Videotron and Ericsson worked on the innovative infrastructure, which supports mobile services and connected objects, and is connected to a high-capacity 5G radio antenna.
- PR Newswire•16 days ago
Ericsson ConsumerLab Report Busts Myths Surrounding the Value of 5G for Consumers
WASHINGTON, May 7, 2019 /PRNewswire/ -- Ericsson (ERIC) has released a new ConsumerLab report, 5G Consumer Potential, which busts industry myths surrounding the value of 5G for consumers and outlines the opportunities available for communications service providers. 3. Smartphones will be the "silver bullet" for 5G: the magical single solution to delivering fifth-generation services. The study brings some sense of reality to the ongoing debate in the ICT industry about whether there is an opportunity for a premium consumer offering based on 5G's extra capabilities.
- CNBC•20 days ago
The drive to make 5G a reality has led to a surge in demand for tower climbers
To lay the groundwork, tower climbers are in high demand. To find workers in the tight labor market, Ericsson is recruiting from vocational schools and also works actively to recruit veterans. Fifth-generation cellular wireless — better known as 5G — is beginning to come to life, with launches from major carriers like Verizon VZ and AT&T T .
- Zacks•20 days ago
Is Ericsson (ERIC) Outperforming Other Computer and Technology Stocks This Year?
Is (ERIC) Outperforming Other Computer and Technology Stocks This Year?
- InvestorPlace•20 days ago
Disappointing as It Is, Nokia Stock Is a Solid Dividend Buy
Amid seemingly improving fortunes, Nokia (NYSE:NOK) continues to suffer. Nokia stock fell by 10% after its quarterly report. Traders sold NOK amid earnings and revenue misses. Investors keep waiting for the predicted increase in revenue and earnings brought about by the rise of 5G. This latest report leaves many wondering if it will ever happen.Source: Shutterstock As a result, many see some of Nokia's peers as better investments. However, despite the struggles, a buy case for a specific type of investor remains. Lost Confidence and Nokia stockTo be sure, NOK stock has become a frustrating equity. I had taken a bullish on Nokia due to 5G. However, the latest earnings report has forced me to admit that the profit rollout has come more slowly than expected.InvestorPlace - Stock Market News, Stock Advice & Trading TipsInvestorPlace contributor Vince Martin wonders if those profits will ever appear. He believes Nokia suffers because of a trust problem within the Finland-based company. * The 10 Best Stocks to Buy for May He may be right.Nokia has kept its guidance steady for both 2019 and 2020. But that also leaves investors wondering if 5G profits will actually start coming in the second half of the year.Nokia has missed opportunities since at least 2007. At that time, this leading cellphone company failed to see the future. As a result, it saw its business quickly evaporate soon after Apple (NASDAQ:AAPL) released its iPhone.Also, as Martin correctly points out, the merger with Alcatel-Lucent has met with declines in Nokia stock. The stock suffered further in March when the company revealed that some transactions with the Alcatel-Lucent division faced compliance issues.To its credit, NOK has transformed itself into a 5G equipment provider. However, it seems to lack the drive to succeed in its new industry. Political pressures have all but eliminated Huawei as an option in many countries. Unfortunately for investors in Nokia stock, the company has not benefitted from the reduced competition. Nokia Is Falling BehindOn the other hand, eliminating a major rival has boosted Ericsson's (NASDAQ:ERIC) numbers. Ericsson stock rose by 7.3% after it announced an earnings and revenue beat in its last quarterly report.Its 17.8 forward price-to-earnings (PE) ratio comes in higher. Still, that appears cheap in light of expected profit growth of more than 272% this year and a predicted 31.7% earnings increase in 2020.It also lags firms such as Cisco Systems (NASDAQ:CSCO) in other areas of networking. Double-digit profit growth, a 16.4 forward PE ratio, and the track record of dividend increases make Cisco a viable option. Dividend Investors and Nokia StockDespite these metrics from its peers, I see a case for buying Nokia stock, at least for dividend investors. The 24-cent per share annual dividend yields about 4.6% at current prices.Given the expected demand for 5G, I do not see Nokia's financials warranting a dividend cut. Moreover, it surpasses Cisco's yield of around 2.6% as well as Ericsson's which comes in at about 1.2%. The payout also gives investors some return even if it remains rangebound.Furthermore, Nokia's forward PE comes in at about 13. If it fulfills some of its potential as a 5G equipment provider, profits should finally rise. That could take it above $7 per share, a price level it has not surpassed since 2015. Concluding Thoughts on Nokia StockAmid the struggles, the buy case for Nokia remains lucrative for dividend investors. Nokia's latest earnings and revenue miss confirmed some long-held negative feelings about NOK stock.In recent weeks, compliance issues have weighed on NOK. Moreover, missing on revenue and earnings even with less competition has many investors perplexed. This has arguably made a case for investors to choose Ericsson or Cisco over Nokia.Nonetheless, Nokia leads its peers by a wide margin on dividend yields. Moreover, the rise of 5G will likely push NOK higher despite itself. Even if Nokia fails to produce stellar earnings reports, the cash payouts should keep dividend investors happy for the foreseeable future.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best Stocks to Buy for May * 5 Elephant-Sized Companies Warren Buffett Could Buy * 7 Cheap ETFs for Novice Investors Compare Brokers The post Disappointing as It Is, Nokia Stock Is a Solid Dividend Buy appeared first on InvestorPlace.
- Zacks•20 days ago
Motorola (MSI) Outpaces Q1 Earnings & Revenue Estimates
Motorola Solutions (MSI) first-quarter earnings top on record-high revenues driven by strength in both segments and diligent execution of operational plans.
CNW Group•20 days agoEricsson unveils Global Artificial Intelligence Accelerator in Montréal
Ericsson unveils Global Artificial Intelligence Accelerator in Montréal
- CNW Group•21 days ago
/R E P E A T -- Media Advisory - Ericsson to announce new AI investment in Montreal to support 5G strategy/
/R E P E A T -- Media Advisory - Ericsson to announce new AI investment in Montreal to support 5G strategy/
- CNW Group•22 days ago
Media Advisory - Ericsson to announce new AI investment in Montreal to support 5G strategy
Media Advisory - Ericsson to announce new AI investment in Montreal to support 5G strategy
- Zacks•22 days ago
Harris (HRS) Q3 Earnings & Revenues Beat, FY19 View Up
Strong operating performance across all three segments, leading to double-digit revenue and EPS growth, drives Harris' (HRS) fiscal third-quarter results.
- InvestorPlace•22 days ago
Surprise Loss Highlights Ongoing Risk to Nokia Stock
There's one long-running issue with Nokia Corporation (NYSE:NOK): a lack of consistency. That's true for Nokia as a company, and it's been true for Nokia stock as well.Source: Shutterstock After a 10% decline on Thursday following NOK's disappointing Q1 earnings report, Nokia stock now sits where it did back in early 2012. Shareholders have harvested some dividends along the way, and those who have timed NOK stock correctly have made out well. But over the long haul, Nokia stock simply hasn't delivered.On its own, the first-quarter report doesn't necessarily prove that NOK won't deliver going forward. It may not even completely refute the bull case on Nokia stock. NOK did reiterate its full-year guidance. The timing of the company's 5G deals appears to have been an issue, one that should resolve itself as the year goes on.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy That Ought to Buy Back Shares At the same time, the report highlights the broader concerns about NOK stock at this point. It emphasizes the problem I detailed back in 2017, and again in February. Specifically, it's exceedingly difficult for a stock to rise consistently without consistent execution and performance by the underlying company. For most of this decade, NOK stock has proven that rule, and it did so again on Thursday. Nokia's EarningsThere's no way to spin it: Nokia's earnings were disappointing. Adjusted revenue of €5.1 billion did rise year-over-year , but only thanks to the weaker euro. In constant currency, according to management, NOK's adjusted sales dropped 1%, while its reported sales fell 2%. Nokia had guided for a lighter quarter relative to its performance over the full year. But analysts were expecting at least some growth, and it appears likely that Nokia management was as well.NOK's sales dropped, and so did its earnings, which in fact turned negative. Adjusted earnings per share came in at negative €0.02, a mirror image of the €0.02 per share profit the company reported during the same period a year before. The Street had projected EPS of €0.03. Operating profit, too, turned negative after a modest profit in the first quarter of 2018.Granted, the miss wasn't huge - and in that context, the 10% decline of Nokia stock might seem like an overreaction. But it seems likely investors were expecting a beat; Nokia has, in recent years, generally guided a bit light, enabling it to often exceed consensus expectations. And beyond the issue of the miss, there's the question of what the quarter means for the rest of 2019 and beyond. Is the Selloff of Nokia Stock an Overreaction?Nokia's management did try to minimize the importance of the quarter. Its full-year guidance was reiterated, though the company noted "significant pressure on execution in the second half." Revenues from 5G projects were previously expected to rise in the second half of the year, but more of the revenue appears to have slipped to the second half. Specifically, NOK cited some €200 million of 5G revenue that wasn't able to be recognized in Q1, but should positively impact the company's results before the end of the year.The issue with Q1 isn't that sales and profits were lost, but rather that they slipped into the second half. And that explanation makes sense. The rising pressure on Chinese rival Huawei presents a potential opportunity for Nokia and rival Ericsson (NASDAQ:ERIC). But it's also led some customers to rethink their buying decisions, lengthening sales cycle.The case for buying the weakness of NOK stock, then, is based on the idea that nothing has really changed. The quarter was disappointing, but the company still has at least a chance to hit its full-year guidance.NOK's growth is supposed to be much stronger in 2020: EPS of €0.37-€0.42 against €0.25-€0.29 this year. In 2020, 5G projects and cost-cutting are expected to boost its bottom line. The bull case for Nokia stock, from a long-term standpoint, may not have changed all that much after the report. Yet after the decline, NOK stock is cheaper, trading at less than 13 times even the low end of next year's EPS guidance range. The Worries About Nokia StockAt the moment, investors aren't buying that argument and truthfully, neither am I. NOK has lost credibility over the past few years in terms of delivering on its promises. As a result, it's difficult to trust its 2019 guidance at this point.There's also the risk that Huawei's troubles won't quite help NOK and Nokia stock as much as some might presume. Ericsson clearly is going after the customers of its Chinese rivals, and having some success: it posted very strong results last week. NOK's rivals in other areas of networking like Cisco Networks (NASDAQ:CSCO), Ciena (NYSE:CIEN) and even smaller Adtran (NASDAQ:ADTN) are performing well and posting growth, yet Nokia looks to be falling behind there, too.Nokia has a big opportunity in 5G. But NOK has had opportunities for years, and it hasn't been able to take advantage of them. The acquisition of Alcatel Lucent was supposed to be transformative, yet Nokia stock trades well below its pre-merger levels. NOK supposedly had an opportunity in digital health, yet it sold that business after taking an enormous writedown. Cost-cutting was supposed to drive profits, but its revenue hasn't grown.At the end of the day, the problem with NOK's Q1 results is that they require investors to trust the company. They require trust that NOK's guidance still is correct, and trust that Nokia can nimbly navigate the new 5G equipment environment while fending off Ericsson.Investors don't have that faith, with good reason. That's why Nokia stock is falling so hard after its earnings and why it doesn't feel like the plunge of Nokia stock is an opportunity.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 7 A-Rated Stocks That Are Under $10 * 3 Scorching Hot Bank Stocks to Consider Now * 10 Stocks to Sell Before They Give Back 2019 Gains * 7 Stocks to Buy That Ought to Buy Back Shares Compare Brokers The post Surprise Loss Highlights Ongoing Risk to Nokia Stock appeared first on InvestorPlace.
- Zacks•23 days ago
Woodward (WWD) Q2 Earnings Beat Estimates on Higher Revenues
Sales growth in both Aerospace and Industrial segments helps Woodward (WWD) to beat second-quarter fiscal 2019 earnings estimates.
- CNBC•23 days ago
Jim Cramer revisits his top stock picks for the 5G rollout
In February, he declared that Skyworks Solutions, Intel, Qualcomm, Broadcom, and Xilinx were the top five semiconductor companies that stand to benefit from the building of 5G infrastructure.
