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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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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 23% (194 out of 251)

Industry: Wireless Equipment

Better trading starts here.

Zacks News

Telecom Stock Roundup: Big Cable MSOs to Hike Price in 2018, FCC to Auction CAFII Subsidy

The U.S. telecom industry did not witness much activity last week.

    AT&T (T) Seeks FCC Permission for 5G Trial Using 3.5GHz

    AT&T (T) is planning to offer 5G services from late 2018. Moreover, 3GPP has ratified the 5G New Radio specification.

      Ericsson Extends Collaboration with NBN Co in Australia

      NBN Co selects Ericsson (ERIC) as partner of choice to continue to deliver fixed wireless as well as satellite operational services across Australia's regional and rural parts.

        Ericsson (ERIC) to Modernize Deutsche Telekom Infrastructure

        Deutsche Telekom selects Ericsson (ERIC) to modernize its mobile network with 5G-ready multi-standard solutions, which will offer better network performance experience to the company's subscribers.

          Will 5G Mobile Network Infrastructure Spending Rise by 2025?

          Next-generation 5G network is expected to account for 40% of wireless network infrastructure spending by 2025.

            Ericsson Awarded 5G Networking Equipment Contract by Verizon

            Ericsson (ERIC) set to provide networking equipment for Verizon's (VZ) commercial 5G launch, scheduled for the second half of 2018.

              T-Mobile US (TMUS) Seeks FCC Permission for E-Band 5G Trial

              T-Mobile US (TMUS) has sought permission from the FCC for microwave radio spectrum bands trail to initiate 5G deployment.

                Ryder Joins Plug and Play, Promotes Supply Chain Innovation

                Ryder (R) continues to introduce innovative solutions to the market, focusing on supply chain and logistics industries. The company partners with Plug and Play to translate its plans into action.

                  Ericsson (ERIC) on Restructuring Track, Weak RAN Markets Mar

                  Ericsson (ERIC) grapples with headwinds like soft demand in radio access networks market, huge restructuring costs and low investments in mobile broadband.

                    Swarup Gupta headshot

                    Foreign Stock Roundup SAP, Taiwan Semiconductor Earnings Impress, Ericsson Disappoints

                    Heightened geopolitical concerns, emanating from the Catalonia crisis and stalled Brexit negotiations weighed on Europe's stocks last week.

                      Ericsson (ERIC) Surges: Stock Moves 9.3% Higher

                      Ericsson (ERIC) was a big mover last session, as the company saw its shares rise more than 9% on Friday amid huge volumes.

                        Ericsson (ERIC) Posts Huge Q3 Loss, But Sees Improvement

                        Ericsson (ERIC) posts huge third-quarter 2017 loss as the company struggles amid challenging market conditions and a major strategic shake-up.

                          Ericsson (ERIC) Q3 Earnings: Another Miss in the Cards?

                          We believe that Ericsson's (ERIC) third-quarter 2017 results will be adversely affected by adverse industry trends and drying-up investments by major telecom equipment makers.

                            Here's Why You Should Add Sprint (S) to Your Portfolio

                            Sprint (S) projects growth prospects in the future through network modernization and integration efforts, unlimited promotional offers and attractive data plans along with new business ventures.

                              Ericsson, Swisscom Go Live With Telco Cloud Infrastructure

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

                                T-Mobile US Seeks FCC Permission for LTE-A Network Trial

                                T-Mobile US Inc. (TMUS) plans to transmit data using 2155-2160 MHz and 1755-1760 MHz bands in El Paso, and 2165-2170 MHz and 1765-1770 MHz bands in Augusta.

                                  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.

                                    New Strong Sell Stocks for October 6th

                                    Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:

                                      Ericsson (ERIC) Synchronizes Live Streaming with Net Insight

                                      Ericsson (ERIC) partnered with Net Insight for utilizing the company's Unified Delivery Network that will improve the efficiency of the global content distribution service.

                                        Ericsson Inks Deal to Fortify Content Discovery Business

                                        Ericsson (ERIC) signs content discovery contract to provide rich metadata and editorial services to DNA Oyj.

                                          Comcast (CMCSA) Unveils SD-WAN Gigabit-Ready Combo Products

                                          Comcast (CMCSA) unveils the first cable-delivered, gigabit-ready Software Defined Networking (SDN) product on its Comcast Business ActiveCore SDN platform.

                                            Sprint (S), Ericsson to Jointly Launch Massive MIMO Radios

                                            Sprint (S) and Ericsson carry out field tests of 2.5 GHz Massive MIMO and are planning to launch the same across the United States by 2018.

                                              T-Mobile US (TMUS) to Deploy NB-IoT and LTE Cat-M Network

                                              T-Mobile US (TMUS), which is the first wireless provider in North America to conduct successful tests of NB-IoT technology, confirms deployment of NB-IoT network next year.

                                                T-Mobile US (TMUS) Gears Up for 5G With 600-MHz LTE Sites

                                                T- Mobile US (TMUS) is laying the foundation for the country's first nationwide 5G network with the deployment of 600-MHz low-band spectrum on its 4G LTE network.

                                                  AT&T (T) Expands 5G Technology Trials in Three New Cities

                                                  AT&T (T) is expanding its 5G network trials in three new cities in sync with its plan to offer standard-based mobile 5G services to consumers from late 2018.