ERIC - Telefonaktiebolaget LM Ericsson (publ)
7.64 -0.09 (-1.16%)
Pre-Market: 7:08AM EDT
| Previous Close | 7.74 |
| Open | 7.74 |
| Bid | 7.64 x 1000 |
| Ask | 7.65 x 3000 |
| Day's Range | 7.70 - 7.76 |
| 52 Week Range | 5.52 - 8.05 |
| Volume | 2,960,665 |
| Avg. Volume | 5,965,512 |
| Market Cap | 25.122B |
| Beta | 0.91 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.89 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.13 (1.64%) |
| Ex-Dividend Date | 2018-04-02 |
| 1y Target Est | 7.46 |
Market Realist•3 days agoThese Efforts Will Help Ericsson Reduce Costs, Improve Efficiency
Earlier in this series, we learned that Ericsson (ERIC) wants to expand its operating and gross margins over the next few years. Ericsson’s long-term ambition is to reach below 100 working capital days compared to the 105 days it had in 2017. With a focus on cost reductions as well as discipline toward capex and mergers and acquisitions, Ericsson aims to drive positive free cash flow.
Market Realist•3 days agoHow Ericsson Aims to Expand Its Profit Margins
The company has a long-term operating margin target of 12%. In the near term (by 2020), it plans to achieve a gross margin of between 37% and 39% and an operating margin of 10%. Ericsson expects continued improvements and upsides from emerging businesses to drive its operating margin higher post-2020.
- Market Realist•3 days ago
How Does Ericsson Aim to Create Value for Service Providers?
Ericsson’s (ERIC) customer base consists of global telecommunications service providers. One of the biggest challenges facing service providers is the rapid growth in data traffic on mobile networks. Revenue for service providers isn’t growing at the same pace, which indicates the need for improved efficiency.
Market Realist•4 days agoWhat Are Ericsson’s Key Focus Areas in 2018?
Ericsson (ERIC) estimates that there will be over 9 billion mobile subscriptions by 2023. The digital transformation of service providers creates opportunities for communication equipment companies, including Ericsson, Cisco (CSCO), Nokia (NOK), and China’s (FXI) Huawei, to drive revenue growth. Ericsson knows that it needs to be profitable to ensure long-term sustainability.
Market Realist•4 days agoEricsson Stock Has Risen Almost 18% since Its Q1 2018 Results
Ericsson (ERIC) stock has risen 17.6% since it announced its first-quarter results on April 20. Analysts expect Ericsson’s stock price to be flat over the next 12 months as the company continues to be affected by falling revenue due to a mature business environment. In the third quarter, analysts expect Ericsson’s revenue to fall 9% YoY (year-over-year) to $5.35 billion.
Market Realist•4 days agoWhat Do Analysts Expect from Ericsson in Q2 2018?
A Look at Ericsson's Pre-Earnings Trends and Cost-Saving EffortsRevenue of $5.48 billion in the second quarter
- Zacks•4 days ago
Ericsson (ERIC) to Divest Field Service Business in Sweden
Ericsson's (ERIC) to-be-divested unit - Ericsson Local Services AB - primarily offers field services and maintenance of fixed and mobile networks in Sweden.
- Benzinga•5 days ago
Jim Cramer Weighs In On Albemarle, PayPal, Goodyear And More
On CNBC's "Mad Money Lightning Round" , Jim Cramer said US Concrete Inc (NASDAQ: USCR ) is too cheap, but it needs an infrastructure bill. He added that it's in a downtrend because the infrastructure ...
- PR Newswire•5 days ago
Ericsson to Divest its Field Services Business in Sweden to Transtema Group
STOCKHOLM, July 11, 2018 /PRNewswire/ --Ericsson (ERIC) has signed an agreement with the Swedish company Transtema Group AB to divest Ericsson Local Services AB (LSS), a subsidiary of Ericsson supplying field service operations and maintenance of fixed and mobile networks in Sweden. Ericsson Local Services AB is a market leader in field services in Sweden.
- PR Newswire•5 days ago
Ericsson to Divest its Field Services Business in Sweden to Transtema Group
- Ericsson field services operation in Sweden, Ericsson Local Services AB, to be divested - Transtema Group AB acquires all assets and continues the operation with the existing approximately 700 employees ...
- Zacks•6 days ago
Ericsson Expands Connect to Learn Project to 34 Centers
Ericsson's (ERIC) "Connect to Learn" initiative has addressed challenges related to education access in 25 countries for more than 120,000 students.
- Zacks•7 days ago
Ericsson to Transform Wind Tre's Network Experience in Italy
Ericsson's (ERIC) strategic alliance with Wind Tre will bring the best radio access solutions across the nation.
- PR Newswire•7 days ago
Ericsson Expands the Connect to Learn Initiative in India
Ericsson (ERIC) has expanded the Connect to Learn initiative in India. The company's mobile broadband solutions now provide internet connectivity and access to a digital education program at 34 centers run by its partner Smile Foundation.
- PR Newswire•7 days ago
Ericsson Expands the Connect to Learn Initiative in India
Ericsson (ERIC) has expanded the Connect to Learn initiative in India. The company's mobile broadband solutions now provide internet connectivity and access to a digital education program at 34 centers run by its partner Smile Foundation.
- InvestorPlace•10 days ago
5 of the Best Stocks Under $10 for 2018
Here at Zacks, we don’t generally classify stocks as “cheap” or “expensive,” and rather than looking at the stock’s face value, we have a system that puts an emphasis on earnings estimate revisions to find stocks that will hopefully be winners for investors. When looking at these low-priced stocks, we can look at the same trends in growth, value, and momentum and apply the Zacks Rank to properly analyze the potential that these companies have. All of these stocks currently sport a Zacks Rank #2 (Buy) or better, and the selected companies are showing signs of outpacing the market in the current calendar year.
- PR Newswire•10 days ago
Wind Tre Selects Ericsson for RAN Modernization in Italy
- Multi-year Radio Access Network (RAN) transformation deal includes the provision of 5G-ready hardware, software and services - Rollout of Ericsson solutions - including the Ericsson Radio System- supports ...
- PR Newswire•10 days ago
Wind Tre Selects Ericsson for RAN Modernization in Italy
- Multi-year Radio Access Network (RAN) transformation deal includes the provision of 5G-ready hardware, software and services - Rollout of Ericsson solutions – including the Ericsson Radio System– supports ...
- PR Newswire•10 days ago
Wind Tre Selects Ericsson for RAN Modernization in Italy
- Multi-year Radio Access Network (RAN) transformation deal includes the provision of 5G-ready hardware, software and services - Rollout of Ericsson solutions - including the Ericsson Radio System- supports ...
- Zacks•12 days ago
Ericsson Sets Up India's First 5G CoE and Innovation Lab
Ericsson's (ERIC) new incubation hub has been set up to accelerate 5G deployments in India by bringing together telecom ecosystems, academia, industry and start-ups.
- PR Newswire•12 days ago
Invitation to Media and Analyst Calls for Ericsson Q2 2018 Report
- Report to be released at approximately 07:30 CEST on July 18, 2018 - Two conference calls for journalists, analysts and investors starts at 09:00 CEST and 14:00 CEST STOCKHOLM , July 4, 2018 /PRNewswire/ ...
- PR Newswire•12 days ago
Invitation to Media and Analyst Calls for Ericsson Q2 2018 Report
- Report to be released at approximately 07:30 CEST on July 18, 2018 - Two conference calls for journalists, analysts and investors starts at 09:00 CEST and 14:00 CEST STOCKHOLM , July 4, 2018 /PRNewswire/ ...
- PR Newswire•12 days ago
Invitation to Media and Analyst Calls for Ericsson Q2 2018 Report
- Report to be released at approximately 07:30 CEST on July 18, 2018 - Two conference calls for journalists, analysts and investors starts at 09:00 CEST and 14:00 CEST STOCKHOLM , July 4, 2018 /PRNewswire/ ...
- PR Newswire•12 days ago
ConVeX Consortium Hosts Europe's First Live C-V2X Direct Communication Interoperability Demonstration Between Motorcycles, Vehicles, and Infrastructure
-- Audi, Ducati, Ericsson, Qualcomm, SWARCO, and Technical University of Kaiserslautern Collaborate to Demonstrate Advanced Connected Car Capabilities for Road Safety and Traffic Efficiency -- SAN DIEGO ...
- PR Newswire•13 days ago
Ericsson Establishes Center of Excellence and Innovation Lab for 5G in India at the IIT, Delhi
Ericsson (ERIC) today announced that it has established a Centre of Excellence (CoE) and Innovation Lab for 5G in the country at the Indian Institute of Technology (IIT) Delhi. This first -of-its-kind 5G innovation Lab, which has been set up by Ericsson for Indian industry and academia to leverage, was dedicated to the nation by the Hon'ble Minister of State for Communications (I/C) and Minister of State for Railways, Shri Manoj Sinha together with Börje Ekholm, President and CEO, Ericsson at the IIT Delhi today.
- PR Newswire•13 days ago
Ericsson Establishes Center of Excellence and Innovation Lab for 5G in India at the IIT, Delhi
Ericsson (ERIC) today announced that it has established a Centre of Excellence (CoE) and Innovation Lab for 5G in the country at the Indian Institute of Technology (IIT) Delhi. This first -of-its-kind 5G innovation Lab, which has been set up by Ericsson for Indian industry and academia to leverage, was dedicated to the nation by the Hon'ble Minister of State for Communications (I/C) and Minister of State for Railways, Shri Manoj Sinha together with Börje Ekholm, President and CEO, Ericsson at the IIT Delhi today.
