ERIC-B.ST - Telefonaktiebolaget LM Ericsson (publ)

Stockholm - Stockholm Real-time price. Currency in SEK
48.20
-0.12 (-0.25%)
As of 9:51AM CEST. Market open.
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Previous close48.32
Open48.34
Bid48.15 x 0
Ask48.17 x 0
Day's range48.02 - 48.42
52-week range43.19 - 64.95
Volume1,299,684
Avg. volume14,099,933
Market cap158B
Beta1.08
PE ratio (TTM)-11.46
EPS (TTM)-4.2
Earnings dateN/A
Dividend & yield0.11 (1.95%)
Ex-dividend date2017-03-30
1y target est52.25
  • Investment firm Investor AB overtakes Cevian as top Ericsson owner
    Reuters22 hours ago

    Investment firm Investor AB overtakes Cevian as top Ericsson owner

    Sweden's Investor AB has regained the position as the biggest shareholder in mobile telecom gear maker Ericsson during the third quarter, overtaking Cevian Capital, the investment firm said on Monday. Investor bought Ericsson shares for around 1 billion Swedish crowns ($123 million) in the third quarter, raising its stake to 6.6 percent from 5.9 percent at the end of the second quarter, exceeding Cevian Capital's 6.4 percent. Ericsson shares initially rose as much as 2.6 percent but fell back to trade 0.4 percent higher by GMT 0857.

  • Reuters22 hours ago

    Investment firm Investor AB overtakes Cevian as top Ericsson owner

    Sweden's Investor AB has regained the position as the biggest shareholder in mobile telecom gear maker Ericsson during the third quarter, overtaking Cevian Capital, the investment firm said on Monday. Investor bought Ericsson shares for around 1 billion Swedish crowns ($123 million) in the third quarter, raising its stake to 6.6 percent from 5.9 percent at the end of the second quarter, exceeding Cevian Capital's 6.4 percent. Ericsson shares initially rose as much as 2.6 percent but fell back to trade 0.4 percent higher by GMT 0857.

  • PR Newswire5 days ago

    5G Readiness on the Rise

    WASHINGTON, Oct. 12, 2017 /PRNewswire/ -- Ericsson (ERIC) has released the 5G Readiness Survey 2017. The report shows that many operators have accelerated preparations for the new technology and trials are being carried out by 78 percent of the respondents.

  • Ericsson, Swisscom Go Live With Telco Cloud Infrastructure
    Zacks7 days ago

    Ericsson, Swisscom Go Live With Telco Cloud Infrastructure

    Ericsson (ERIC) and telecommunications operator Swisscom go live with a full-stack telco cloud infrastructure.

  • Market Realist7 days ago

    Where Ericsson Is Trading in October Compared to Estimates

    Since the start of 2017, Ericsson (ERIC) stock has fallen 2.6% after falling ~36.0% in 2016.

  • PR Newswire7 days ago

    Ericsson and Swisscom Go Live With Telco Cloud

    Ericsson Network Functions Virtualization infrastructure (NFVi) solution deployed to transform Swisscom's Core network Enables Swisscom to address new market segments and capture business opportunities ...

  • Should You Dump Ericsson (ERIC) From Your Portfolio Now?
    Zacks8 days ago

    Should You Dump Ericsson (ERIC) From Your Portfolio Now?

    Ericsson (ERIC) has been grappling with headwinds like weak demand in radio access networks market, huge restructuring costs and low investments in mobile broadband.

  • Market Realist8 days ago

    Can Ericsson Achieve More without Leif Johansson?

    Leif Johansson is stepping down as the chairman of network equipment giant Ericsson (ERIC), ending a six-year stint at the company.

  • Market Realist8 days ago

    Ericsson: Capitalizing on China’s Appetite for Mobile Video

    Demand for mobile video is growing rapidly in China (MCHI), thanks to factors such as the improving availability of smartphones, Internet access, and mobile video content.

  • Market Realist8 days ago

    How Ericsson Plans to Further Cut Costs

    Ericsson could lay off approximately 25,000 employees outside Sweden. Ericsson hasn't confirmed these reports, and certain sources claim that the figure could be higher.

  • Market Realist8 days ago

    Why Does Ericsson Want to Merge Its Fiber Services Business?

    Recently, Ericsson (ERIC) announced that it's looking to merge Abentel with a local company. Abentel is Ericsson’s Spanish-based fiber services business unit.

  • Reuters8 days ago

    Recovery hopes rise as Ericsson picks ex-Atlas Copco boss as chairman

    Ericsson has picked the former boss of high-flying mining gear maker Atlas Copco as its new chairman, boosting hopes of a recovery at the Swedish mobile equipment company. Shares in Ericsson rose as much as 2.2 percent on Monday after it said Ronnie Leten would succeed Leif Johansson as chairman, pending a shareholder vote planned for March 28. Investors said Leten, under whose leadership Atlas Copco shares rose twice as much as the European industrial sector index, was a good choice, despite a lack of experience in the telecoms sector.

  • Recovery hopes rise as Ericsson picks ex-Atlas Copco boss as chairman
    Reuters8 days ago

    Recovery hopes rise as Ericsson picks ex-Atlas Copco boss as chairman

    Ericsson has picked the former boss of high-flying mining gear maker Atlas Copco as its new chairman, boosting hopes of a recovery at the Swedish mobile equipment company. Shares in Ericsson rose as much as 2.2 percent on Monday after it said Ronnie Leten would succeed Leif Johansson as chairman, pending a shareholder vote planned for March 28. Investors said Leten, under whose leadership Atlas Copco shares rose twice as much as the European industrial sector index, was a good choice, despite a lack of experience in the telecoms sector.

  • Reuters8 days ago

    Recovery hopes rise as Ericsson picks ex-Atlas Copco boss as chairman

    Ericsson (ERICb.ST) has picked the former boss of high-flying mining gear maker Atlas Copco as its new chairman, boosting hopes of a recovery at the Swedish mobile equipment company. Shares in Ericsson rose as much as 2.2 percent on Monday after it said Ronnie Leten would succeed Leif Johansson as chairman, pending a shareholder vote planned for March 28. Investors said Leten, under whose leadership Atlas Copco (ATCOa.ST) shares rose twice as much as the European industrial sector index, was a good choice, despite a lack of experience in the telecoms sector.

  • PR Newswire8 days ago

    Ericsson and VodafoneZiggo Prepare for 5G Readiness

    WASHINGTON, Oct. 9, 2017 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) and VodafoneZiggo are working together to increase the capacity of the Vodafone mobile network in the Netherlands by maximizing the potential of Ericsson's latest 5G-ready radio equipment and Vodafone's spectrum assets. Consumers will enjoy higher mobile browsing speeds while enterprises benefit from the deployment of NarrowBand IoT and CAT-M1 technologies that enable support for a wide range of Internet of Things devices.

  • PR Newswire8 days ago

    Ronnie Leten Proposed as New Chairman of the Board in Ericsson; Kurt Jofs Proposed as New Member of the Board

    STOCKHOLM, Oct 9, 2017 /PRNewswire/ -- Ericsson's (ERIC) Nomination Committee will propose Ronnie Leten as new Chairman of the Board of Ericsson. Between 1985 and 2017, Leten held various positions within Atlas Copco, being the company's President and CEO 2009-2017.

  • Market Realist10 days ago

    Why Credit Suisse Downgraded Ericsson

    Recently, European investment bank Credit Suisse reduced its rating on Ericsson (ERIC) to “underperform” from “neutral.”

  • Market Realist10 days ago

    Ericsson and DoCoMo’s Big Plans

    Ericsson (ERIC) is providing a content delivery network to NTT DoCoMo, a leading mobile operator in Japan (EWJ).

  • Market Realist10 days ago

    When Might Ericsson Return to Revenue and Profitability Growth?

    Analysts expect Ericsson’s (ERIC) revenue to fall 7.5% YoY (year-over-year) to $24.1 billion in fiscal 2017 compared to $26.1 billion in fiscal 2016.

  • Market Realist11 days ago

    What Analysts Expect from Ericsson in 3Q17

    Analysts expect Ericsson (ERIC), the European-based (EFA) telecom equipment firm, to post revenue of $5.6 billion when it announces its 3Q17 results on October 18, 2017.

  • Reuters13 days ago

    Ericsson scouts for mergers for lower margin businesses

    MADRID/LONDON (Reuters) - Telecom equipment maker Ericsson is in talks to merge its Spanish fiber services arm Abentel with a local firm and people familiar with the new CEO's plans say he is scouting for more merger deals to cut costs and rebuild the group's profits. Borje Ekholm, who took up his CEO role in January, is under pressure by activist investor Cevian to accelerate cost-cutting after Ericsson's three consecutive quarters in the red that have pushed its share price down 15 percent since January. Abentel, which provides fiber-related services, was bought by Ericsson just 15 months ago and Spanish tech engineering services provider Dominion said on Wednesday it was in preliminary merger talks.

  • Barrons.com14 days ago

    Ericsson Tumbles On Downgrade; Are Margin Targets Too Optimistic?

    The U.S.-listed shares of Ericsson (ERIC) are falling today after Credit Suisse advised investors that it is time to sell, warning of “significant risk to margin targets.” Analyst Achal Sultania downgraded the mobile telecom equipment maker to an Underperform and cut the price target, arguing that Ericsson’s sales may “continue to surprise to the downside” as management looks to jettison money-losing businesses. Sultania also views Ericsson’s target of over 12.4% EBIT margins in the near term as too optimistic. With Ericsson management looking to divest loss-making businesses and exit loss-making contracts at a time when the demand environment remains weak and FX headwinds are increasing (4ppt/2ppt yoy headwind in 2H17/2018), we believe that the top-line may continue to surprise on the downside.

  • Reuters - UK Focus3 months ago

    Europe slides on Ericsson slump, souring bank mood

    European shares fell on Tuesday after disappointing Ericsson and Lufthansa earnings, while scaled-back expectations of monetary tightening by major central banks dented financial stocks. The pan-European ...

  • Ericsson steps up restructuring on new quarterly loss
    AFP3 months ago

    Ericsson steps up restructuring on new quarterly loss

    Swedish telecom giant Ericsson's choppy performance so far this year saw ratings agency Moody's downgrade it a notch to Ba1 in May noting rising restructuring charges and provisions

  • Reuters - UK Focus3 months ago

    European shares weaker as Ericsson slump sours mood

    European shares fell on Tuesday following disappointing results from bluechips Ericsson and Lufthansa, while scaled-back expectations of monetary tightening by major central banks spurred some profit-taking ...

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