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Ericsson (ERIC)

(Delayed Data from NSDQ)

$6.74 USD

6.74
23,491,081

-0.04 (-0.59%)

Updated Aug 2, 2024 04:00 PM ET

After-Market: $6.74 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value B Growth D Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 23% (194 out of 251)

Industry: Wireless Equipment

Better trading starts here.

Zacks News

Ericsson to Modernize MTN South Africa's Network for 5G Era

Ericsson (ERIC) and MTN South Africa intend to work together to develop 5G use cases and applications that will contribute to the digital transformation of industry verticals.

Ericsson Partners With Zain for Advanced 5G Network Services

Ericsson (ERIC) allies with Zain to launch advanced 5G services by investing in digitization to empower enterprise and industry customers in Bahrain.

Vodafone Expands UK Broadband Coverage With Openreach Deal

Vodafone (VOD) will offer its Gigafast Broadband service to three new cities in the United Kingdom, namely Birmingham, Bristol and Liverpool by spring 2020 through Openreach's FTTP network.

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Telecom Stock Roundup: Ericsson Q3 Earnings Miss, AT&T's Buyout & More

While Ericsson (ERIC) misses third-quarter 2019 earnings estimates, AT&T's (T) advertising unit Xandr acquires Clypd to expand into the television ad realm.

Ericsson Joins NVIDIA to Boost Virtualized 5G RAN With GPU

In a joint initiative, Ericsson (ERIC) and NVIDIA aim to enable communication service providers build high-performing and completely virtualized 5G radio access networks.

Ericsson (ERIC) Catches Eye: Stock Jumps 5.2%

Ericsson (ERIC) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

Ericsson (ERIC) Misses on Q3 Earnings, Ups 2020 Sales View

Despite higher year-over-year sales, Ericsson (ERIC) misses Q3 earnings estimates mainly due to a provision of SEK 11.5 billion. Management raises 2020 sales target on the back of accelerated demand for 5G.

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Telecom Stock Roundup: AT&T to Divest Assets, Ericsson's Rural Support & More

While AT&T (T) intends to sell its wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands, Ericsson (ERIC) is offering support services to rural Wireless Internet Service Providers across the United States.

Ericsson to Support Rural Wireless Internet Service Providers

Ericsson (ERIC) will provide its industry-leading radio system for use across Xtreme Enterprises' network solution and service portfolio to deliver stable broadband speed and reliability of data usage.

Ericsson (ERIC) Gears Up for Q3 Earnings: What's in Store?

Ericsson's (ERIC) third-quarter results are supported by commercial 5G contract wins in 19 customer networks across 15 countries, spanning four continents.

Ericsson to Modernize Telia Norway's Network for 5G Services

As 5G partner and sole radio access network provider, the contract allows Ericsson (ERIC) to enable nationwide 5G in Telia Norway's network by 2023.

Ericsson (ERIC) Gains As Market Dips: What You Should Know

Ericsson (ERIC) closed the most recent trading day at $8.07, moving +0.25% from the previous trading session.

Ericsson Closes Buyout of Kathrein's Antenna & Filter Business

By integrating radios with antennas while making the best use of site space, Ericsson (ERIC) continues to develop a world-class next-generation portfolio.

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Telecom Stock Roundup: Juniper Boosts UK Network, Viasat's Brazil Expansion & More

While Juniper (JNPR) augments network capabilities in the United Kingdom, Viasat (VSAT) extends its footprint in the Latin American market of Brazil.

Ericsson (ERIC) Stock Moves -0.75%: What You Should Know

Ericsson (ERIC) closed the most recent trading day at $7.92, moving -0.75% from the previous trading session.

5 Stocks to Ride the 5G Boom in America

As 5G steps foot on American soil, investors can gear up and invest in telecommunication providers and smartphone makers to brighten their portfolio.

Ericsson Makes Provision for SEK 12B to Resolve U.S. Probes

Over the past two years, Ericsson (ERIC) has made substantial investments in ethics and compliance program including investigative capabilities.

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Telecom Stock Roundup: BlackBerry Q2 Loss Wider, Ericsson's Smart Factory & More

While BlackBerry (BB) incurs wider second-quarter fiscal 2020 loss, Ericsson (ERIC) primes for the first smart automated factory launch in the United States in Texas.

Ericsson (ERIC) Stock Moves -0.24%: What You Should Know

In the latest trading session, Ericsson (ERIC) closed at $8.25, marking a -0.24% move from the previous day.

Ericsson to Build Fully Automated 5G Smart Factory in Texas

Ericsson's (ERIC) smart factory is likely to accelerate the development of 5G ecosystem with a perfect blend of IoT, AI and ML techniques and fill the void created by the various trade restrictions on Huawei.

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Telecom Stock Roundup: Corning Secures R&D Funding, Ericsson's Automation & More

Corning (GLW) improves its R&D capabilities with $250 million Apple funding, while Ericsson (ERIC) upgrades its manufacturing capabilities with smart automation.

Ericsson (ERIC) Enables Smart Automation in China Factory

Ericsson's (ERIC) customers in China will benefit through the technology leadership, speed and capacity advantages that its automated smart factory offers.

Ericsson (ERIC) Stock Moves -0.12%: What You Should Know

In the latest trading session, Ericsson (ERIC) closed at $8.02, marking a -0.12% move from the previous day.

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Telecom Stock Roundup: Qualcomm Plans Low-Priced 5G Chips, CenturyLink's Deal & More

While Qualcomm (QCOM) is planning to develop cheap 5G chipsets for the masses, CenturyLink (CTL) aims to strengthen its position in the content delivery network with the acquisition of Steamroot.

Ericsson to Boost Next-Tech Wireless' Network Capabilities

In addition to improving operational efficiency, Ericsson (ERIC) will augment the network capabilities of Next-Tech Wireless for seamless IoT applications and other potential future services.