ERIC - Telefonaktiebolaget LM Ericsson (publ)
| Previous Close | 10.11 |
| Open | 10.17 |
| Bid | 0.00 x 2900 |
| Ask | 0.00 x 45100 |
| Day's Range | 10.06 - 10.19 |
| 52 Week Range | 7.16 - 10.46 |
| Volume | 4,810,051 |
| Avg. Volume | 6,219,791 |
| Market Cap | 33.368B |
| Beta (3Y Monthly) | 0.28 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.72 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.11 (1.20%) |
| Ex-Dividend Date | 2019-03-28 |
| 1y Target Est | 10.03 |
- Market Realist•11 hours ago
Why Qualcomm’s Future Now Looks More Certain
The Latest Buzz from the Semiconductor Sector: QCOM, INTC, AVGO(Continued from Prior Part)Jacobs drops Qualcomm takeover bid At least two developments this month have served to eliminate uncertainties over the fate of Qualcomm (QCOM). First is the
- Zacks•17 hours ago
Rogers Communications (RCI) Misses on Q1 Earnings, Revenues
Rogers Communications (RCI) first-quarter 2019 results hurt by a decline in Wireless equipment and Media revenues.
- Financial Times•yesterday
Huawei revenue rises 39% despite US pressure on 5G
First-quarter revenue at Huawei rose 39 per cent from the previous year to Rmb179.7bn ($26.8bn), an increase that suggests US efforts to persuade countries to ban the Chinese group’s telecoms equipment from their 5G networks have not tempered growth. Washington’s bid to sway other countries to join it in blocking Huawei on the grounds the company’s equipment creates a security risk has only been partially successful: while Australia and Canada have joined the US in blocking Huawei kit, several European countries have rolled back on initial hardline stances. Quarterly results on Monday indicated a minimal impact on Huawei’s finances.
- InvestorPlace•3 days ago
Don’t Miss Out on the Netflix of 5G Stocks
Wednesday morning brought with it an unexpected development. Apple (NASDAQ:AAPL) and Qualcomm (NASDAQ:QCOM) had settled their years-long legal dispute. And Intel (NASDAQ:INTC), in response, slunk away from the 5G space with its tail between its legs. That's because, of all the winners that 5G stocks will create, Intel believes it's already lost out in the mobile 5G space, which our own Matt McCall predicts to be a mega-opportunity that comes along once in a lifetime:"Only one company can be first. But in the coming years there will be a slew of big winners as 5G becomes mainstream," Matt wrote recently on InvestorPlace.com.Let's take a trip down memory lane to better understand the opportunity we have with 5G stocks …InvestorPlace - Stock Market News, Stock Advice & Trading TipsLong before Netflix (NASDAQ:NFLX), there was Blockbuster. You may remember it. Personally, the local Blockbuster in my small hometown was an entertainment hub. Beyond row after row of thrillers, horror flicks and obscure kung-fu dubs, you could find candy, popcorn and those gigantic lollipops no reasonable person could finish. Some Blockbuster stores, mine included, had video game stations set up to test out the latest in next-gen tech. I could spend hours there, and sometimes did.When the dial-up modem came along, I still frequented my local Blockbuster.When Netflix.com came online in 1998, the first web-based rental retailer, I still visited Blockbuster. * 10 Best Stocks to Buy and Hold Forever But when the Netflix app became available on mainstream entertainment hubs -- like set-top boxes and Microsoft's Xbox 360 - my trips to Blockbuster thinned. The internet had expanded beyond dial-up, and by this time in 2008, Netflix had found the perfect confluence of application, platform and technology. I soon stopped visiting Blockbuster altogether.The entertainment hub had moved online, and Blockbuster shrunk from the challenge … not unlike what Intel is doing today. Sure, Blockbuster made attempts to staunch the bleeding. Remember Total Access? It was Blockbuster's way of becoming Netflix, only it chose to mail DVDs rather than stream video. Intel's exit from the 5G mobile space, where the market opportunity is the largest for 5G stocks, reminds me of Blockbuster's wrong decision …Why would Intel back off if the opportunity is so great?From Ars Technica:"Then last year, as Apple's legal battle with Qualcomm heated up, Intel became Apple's sole supplier for 4G wireless chips in the iPhone. Intel additionally was working to develop 5G chips for Apple to use in future versions of the iPhone. But recent reports have indicated that Intel was 'missing deadlines' for the wireless chip that was slated to go into the 2020 model of the iPhone.Fast Company reported earlier this month that 'in order to deliver big numbers of those modems in time for a September 2020 iPhone launch, Intel needs to deliver sample parts to Apple by early summer of this year, and then deliver a finished modem design in early 2020.'If Intel had failed to provide Apple with 5G chips in a timely manner, that would have put Apple in an untenable position. The iPhone's competitors would be able to offer 5G capabilities using Qualcomm chips, while Qualcomm could have denied Apple access to 5G chips as long as the patent battle continued."Intel didn't so much leave the space as it was forced out of it. But the company remains positioned for other 5G applications, although not in the most profitable arenas. At any rate, there's a certain significance to the quashing of bad blood between Apple and Qualcomm …5G is nearly here, and even the worst of enemies couldn't allow themselves to be left behind. Where to Find 10X, 20X, 30X Gains in 5G StocksApplication, platform, technology - or APT, if you need a mnemonic device. These are the main ingredients of disruption that took Blockbuster offline. An application based on advanced technology without a viable platform is disruptive in theory, not in practice.It wasn't until the proliferation of high-speed internet that Netflix was able to even introduce streaming. Once the technology was in place, all Netflix needed was a high-volume platform to traffic its application. Put the three together and you have yourself a once-every-ten-years kind of investment.Since January 2008, NFLX gained roughly 10,000% … With 5G just around the corner, we're on the cusp of another explosive opportunity.Here's what Matt writes in Investment Opportunities:"In just a few short years, your daily routine will look something like this:Your smartwatch buzzes to wake you up once optimal sleep has been achieved. It lets you know that your vital signs all good - it monitors your blood pressure, pulse, sleep stats, and more - and sends them off to your doctor's database for preventative measures. Finally, that same smartwatch notifies your coffee machine to turn on and start preparing a warm cup of joe for your morning commute.As you get ready to leave the house, the refrigerator beeps to alert you that you are running low on eggs and milk. It sends a reminder to both your phone and car so you won't forget to stop at the store before returning home.Your commute is made nice and smooth by a variety of things. First, your car drives itself, so you can focus on other things like your to-do list, which your car has synced with your work computer. You can even pay your mortgage by linking up to the auto's 5G-powered Wi-Fi connection. Then there are the smart roads, which have chips embedded in them that help control traffic via connected lights.When you get to work, your autonomous vehicle drops you off and leaves to find a place to park until you are ready to head home. While doing so, it sends a signal to the control device in your office that turns on the lights, sets the temperature, opens your email. Everything is ready the moment you sit down.That's just the first 90 minutes of how a connected day will look in a few years!Will it make your life easier? There's no question."The world described above is made possible by a confluence of applications, technologies and platforms. With 5G, everyday applications will speak to each other in the literal blink of an eye.Without 3G, Apple never would've introduced the App Store, which changed the way we interact with our mobile devices forever. The introduction of 5G, too, will bring with it a step change that introduces entirely new applications. At the same time, the platforms and technology are coming into focus. Together, they form the perfect environment for the next "Netflix" to thrive.One such 5G company, Ericsson (NASDAQ:ERIC), has its fingers in many pies. It has the sort of applications that could be game-changing, including self-driving car connectivity, cloud communication and cellular IoT. Further, Ericsson is instrumental in building out the 5G technology itself.To aid in the standardization of 5G technology, Ericsson's investors, 130 of them to be exact, have joined forces in "the largest in cellular communication in terms of number of inventors, anywhere in the world."Ericsson isn't the only company Matt has identified which could see major gains as 5G rolls out. If you're interested in getting more from Matt on this trend, as well as the other 5G stocks he's recommending, click here. Matt McCall Readers Received a Profitable Heads-UpOn Wednesday, the day Apple and Qualcomm settled, Ericsson shares added 7.5% on blowout earnings, affirming ERIC's position as a market leader in 5G.In fact, Matt recommended buying Ericsson stock on any dips below $9.25, and on Wednesday, ERIC stock soared 7%-plus. If you listened to Matt and bought at the $9.25 level, you'd be up 12.32%. If you bought at its January low of $8.29, you'd be sitting on gains of 25%.Here's what Matt most recently commented to his Investment Opportunities subscribers:"Ericsson (ERIC) held its annual meeting last week and CEO Borje Ekholm was not shy about letting investors know that the company continues to lead the way in 5G networks around the world. To date, Ericsson has announced 16 commercial deals with service providers, which is more than any of its competitors.Last year was a turnaround year for Ericsson, and in the coming months and years I look for it to keep moving forward with its business model. The U.S. market is now ahead of Europe, and with Huawei out of the picture the Pentagon is expected to lay groundwork that will benefit both Ericsson and Nokia - the next two leading telecom equipment companies by market share."If you missed out on these gains in Ericsson stock, you may still find a triple- or quadruple-bagger in sectors such as retail, agriculture, media and entertainment, energy and utilities, and so much more.We're on the verge of an "instant economy" where the farthest-reaching parts of the world will become accessible to you at the tap of a screen or even sound of your voice. This technology, and the applications that spring from it, will beget more technologies, such as "quantum glass" batteries, that are needed to support the tech.In fact, Matt has prepared an interesting video about the impact of the "quantum glass" batteries. Click here to watch it.Matt writes about such next-generation opportunities in his Investment Opportunities newsletter, covering businesses in and around the 5G ecosystem, among many more high-growth stock picks. To summarize, Matt said it best in his column on 2019 predictions:"One of my highly likely predictions is that we'll begin a new chapter in wireless technology.I'm talking about 5G. As I write this, nearly all of the major wireless carriers are set to begin rolling out the latest generation of technology. There will be many beneficiaries of this shift. Everything from autonomous vehicles to the Internet of Things (IoT).But one area that has been overlooked is the augmented reality (AR) and virtual reality (VR) industry. Faster internet speeds combined with less latency (lag time) will result in a much smoother AR/VR experience.I have used VR headsets a few times, and I have to say I was quite impressed. That said, I am certainly not a hardcore gamer nor did I push the headset to its limits. Once 5G is rolled out, the future of the AR/VR industry will look very different."Things will be very different, indeed.John Kilhefner is the managing editor of InvestorPlace.com. As of this writing, John did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Donat Miss Out on the Netflix of 5G Stocks appeared first on InvestorPlace.
- InvestorPlace•5 days ago
Nokia Stock Is Still Waiting for the 5G Gold Rush
Nokia (NYSE:NOK), which reinvented itself this decade as a telecom equipment supplier, is still waiting for the 5G gold rush.Source: Shutterstock The new mobile phone standards will require new base stations and radios that can handle both huge amounts of data and new swaths of frequency bandwidth.The question has always been how fast, and how urgent, the equipment gold rush will be. There is also the question of how much of that gold Nokia will get.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat's because, while Nokia owns old-line phone equipment brands Alcatel and Lucent, it's not the only supplier. Ericsson (NASDAQ:ERIC), also once known as a mobile phone brand, is in the market. So is Samsung (OTCKMKTS:SSNLF). The market power of Chinese competitors Huawei and ZDF, and U.S. startups like privately held Altiostar Networks, which recently won Rakuten's business in Japan with a software upgrade, will also be tested this year. The First QuarterThe first clues to Nokia's success will come in the March quarter report, now due to be delivered April 25. Analysts are expecting profits of 3 cents per share, about $170 million, on revenue of $5.77 billion. * 10 Best Stocks to Buy and Hold Forever Any profit would be welcome because Nokia hasn't had a positive bottom line since 2015. That year was also the heart of the 4G buildout. Since then, network owners have been buying frequencies or hoarding cash, to prepare for the technology now being introduced.Analysts will be looking, not just to the numbers, but to Nokia's success in winning 5G contracts. Network operators are looking to stagger their rollouts, spreading the cost out over several years. Nokia is also facing unspecified "compliance issues" at Alcatel-Lucent, the base station equipment unit it acquired in 2016 .Those problems, which don't seem to be shared by its primary competitors, are behind the Goldman Sachs (NYSE:GS) "sell" rating on Nokia, issued April 15, that hit the stock hard. Goldman notes that Samsung recently won the business of Verizon (NYSE:VZ) and that Huawei is now equal to Nokia in market share. Nokia, Not NokiaConsumers have been seeing Nokia phones in stores for three years.But while these phones are Nokia-branded, and the company gets royalty payments on them, they're the product of another company. That's HMD Global, staffed by former Nokia executives, who picked up the business from Microsoft (NASDAQ:MSFT) in 2016 and have their phones made by Foxconn, the same people who make the Apple (NASDAQ:AAPL) iPhone. The designs are built around Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) Android software.The hope was that HMD phones would be a credit to the Nokia brand, but there are problems. Some went to the wrong countries, sending data back to China. The company's head of design left. The new designs, which compete with the Samsung Galaxy line, are drawing indifferent reviews, due to issues that should have been ironed out in the design phase. The Bottom LineGiven the collapse of Nokia after the launch of the iPhone, it is remarkable that it remains a consumer brand and an industry player.But it's not yet a winner.Analysts are hoping Nokia can earn 42 cents per share next year, which would make the stock dirt cheap at its April 17 price of $5.70 per share, a forward price to earnings multiple of just 14.Whether it can hit that mark, however, is increasingly questioned. There are 30 analysts following the stock, and five have downgraded it in the last three months, with less than half now saying you should buy it.I wish the company well, but not with my money.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing, he owned shares in MSFT and AAPL. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Nokia Stock Is Still Waiting for the 5G Gold Rush appeared first on InvestorPlace.
- Zacks•5 days ago
Telecom Stock Roundup: Qualcomm Settles Patent Battle, AT&T's Hulu Sale & More
Qualcomm (QCOM) benefits immensely from the patent litigation settlement, while AT&T (T) is focusing on debt reduction and probable launch of own streaming video subscription content.
- Zacks•5 days ago
Ericsson (ERIC) Catches Eye: Stock Jumps 7.3%
Ericsson (ERIC) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
- Motley Fool•5 days ago
Why HEXO, Smart & Final Stores, and Ericsson Jumped Today
Positive analyst comments, earnings, and strategic moves helped these stocks climb.
- Zacks•6 days ago
Ericsson (ERIC) Q1 Earnings Beat Estimates, Revenues Up Y/Y
Sales growth in Networks business and lower operating expenses drive Ericsson's (ERIC) first-quarter 2019 earnings.
- PR Newswire•6 days ago
Ericsson and Future Technologies Venture ink strategic cooperation agreement
- Future Technologies Venture becomes a value-added systems integrator - Ericsson's Private LTE equipment and MINI-LINK microwave products integrate into Future Technologies Venture's portfolio offering ...
- CNBC•6 days ago
Ericsson profit beats forecasts for fifth straight quarter as savings, 5G sales kick in
Mobile telecom equipment maker Ericsson reported a bigger that expected rise in first-quarter operating earnings on Wednesday, adding that it saw particularly strong growth in North America. Speaking to CNBC's "Squawk Box Europe" on Wednesday, CEO Borje Ekholm said strong momentum in the U.S. would help position Ericsson as a top provider in 5G technology. "The reality is the U.S. market is a leader in 5G, they were the first to launch (it) and for us, our strategy is to work with lead customers in lead markets," he said.
- Associated Press•6 days ago
Ericsson: 1Q Earnings Snapshot
The Stockholm-based company said it had net income of 8 cents per share. Earnings, adjusted for restructuring costs and amortization costs, were 9 cents per share. The results topped Wall Street expectations. ...
- Reuters•6 days ago
Ericsson shares hit four-year high after profit tops forecasts for fifth quarter
By Helena Soderpalm and Johannes Hellstrom STOCKHOLM (Reuters) - Ericsson posted a first-quarter profit on Wednesday that swept past forecasts due to strong growth in North America and cost cuts, spurring ...
- PR Newswire•6 days ago
Ericsson and Swisscom in European Commercial 5G First
STOCKHOLM, April 17, 2019 /PRNewswire/ -- Ericsson (ERIC) and Swisscom, the largest telecommunications service provider in Switzerland, have switched on the first large-scale commercial 5G network in Europe to support commercially available smartphones. The long-term strategic partners went live with the network in the first minute of April 17, following Swisscom's securing of a commercial 5G license.
- PR Newswire•6 days ago
Ericsson Reports First Quarter Results 2019
STOCKHOLM , April 17, 2019 /PRNewswire/ -- First quarter highlights Sales were SEK 48.9 (43.4) b . Sales adjusted for comparable units and currency increased by 7% driven by strong growth in North America ...
Market Realist•7 days agoA Look at Cisco Systems’ Valuation and Growth Metrics
Are These Tech Stocks Overvalued after Nearing 52-Week Highs?(Continued from Prior Part)Stock returnsTechnology hardware company Cisco Systems (CSCO) has generated returns of 31% in the last 12 months. The stock was volatile last year but managed to
- Barrons.com•7 days ago
The Tech Cold War With China Is Still Heating Up. Just Ask Ericsson.
Investors are focusing on progress in talks on trade between the U.S. and China. The latest developments in the technology Cold War between Washington and Beijing aren’t receiving as much attention.
- American City Business Journals•8 days ago
Ericsson North America leader sees resurgence after ‘brutal’ period — but work remains
Following key investments and leadership efforts, Niklas Heuveldop, president and CEO of Ericsson North America, is optimistic about the Swedish company’s future —even as he sees more work ahead.
- CNBC•8 days ago
Nokia shares drop 3% after Goldman downgrade citing competition from Samsung and Ericsson
The Goldman analysts said investors might be too optimistic about Nokia's stock performance.
- Zacks•11 days ago
Ericsson (ERIC) to Report Q1 Earnings: What Lies Ahead?
Ericsson (ERIC) is likely to report lower revenues in the first quarter owing to dent in demand triggered by reduced consumer telecom spending.
