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Ericsson (ERIC)

(Delayed Data from NSDQ)

$7.51 USD

7.51
6,194,489

+0.06 (0.81%)

Updated Oct 11, 2024 04:00 PM ET

After-Market: $7.50 -0.01 (-0.13%) 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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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 C 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 38% (155 out of 251)

Industry: Wireless Equipment

Better trading starts here.

Zacks News

Ericsson (ERIC) Focuses on Core Businesses, Risks Remain

Ericsson (ERIC) is pursuing three main areas, namely core business growth, targeted growth and cost & efficiency to maximize growth.

    Supriyo Bose headshot

    Telecom Stock Roundup: Heavyweights Report Mixed Earnings

    Earnings of major telecom companies ruled the roost in the last five trading days.

      Ericsson (ERIC) Q1 Loss Narrower Than Expected, Revenues Lag

      Ericsson (ERIC) first-quarter results benefit from its efforts to streamline focus areas and plans to cut costs.

        Supriyo Bose headshot

        Telecom Stock Roundup: Will U.S. Restrictions on Chinese Firms Boomerang?

        Citing a breach of agreement inked last year, the U.S. Department of Commerce slapped a seven-year ban on sale of various components to ZTE after it was caught illegally shipping goods to Iran.

          Ericsson (ERIC) Q1 Earnings: What Lies Ahead for the Stock?

          Ericsson (ERIC) is grappling with shrinking markets and stiff competition from other established players in the market.

            Ericsson (ERIC) to Unveil MediaFirst End-to-End UHD Platform

            Ericsson's (ERIC) Media Solutions enables viewers to enjoy a better and more immersive viewing experience, even on larger TV sets.

              Ericsson's (ERIC) Partnership With Telefonica Gets Extension

              Per the deal, Ericsson (ERIC) will deploy its VSPP to enable Telefonica to launch seven-day catch up and time shift services to subscribers across Latin America.

                Ericsson (ERIC) Chosen by Melita as Strategic 5G Partner

                Ericsson (ERIC) was chosen by Melita to modernize its mobile network with 5G-ready multi-standard solutions.

                  Ericsson's Energy Alliance for Sustainable Network Evolution

                  Ericsson (ERIC) forms alliance with Vertiv and NorthStar for cost-effective and sustainable network evolution towards 5G, within the Ericsson Radio Site System.

                    T-Mobile US Seeks FCC Nod for 3.5GHz Trial Period Extension

                    We look forward to T-Mobile US' (TMUS) gains from its equipment trials using 3.5GHz frequency band.

                      Ericsson, Dialog Axiata Roll Out Massive IoT in Sri Lanka

                      Ericsson (ERIC) and Dialog Axiata roll out the first commercial Massive IoT network in Southeast Asia that supports both Cat-M1 and NB-IoT technologies.

                        Ericsson, T-Mobile to Deploy 5G Network in the United States

                        T-Mobile selects Ericsson (ERIC) to provide 5G radio access products for deployment of a nationwide 5G network in the United States.

                          Ericsson's (ERIC) Q4 Marks Fifth Straight Quarter of Loss

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

                            Ericsson (ERIC) to Post Q4 Earnings: What's in the Offing?

                            Ericsson's (ERIC) fourth-quarter 2017 results might be affected by adverse industry trends and drying-up investments by major telecom equipment makers.

                              AT&T (T) Seeks FCC Approval for 5G Trial Using 28 & 39GHz

                              AT&T (T) ramps up process for 5G network deployment and the launch of its standard-based mobile 5G services.

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                                Foreign Stock Roundup: Taiwan Semiconductor Beats, Shell Buys Stake in Silicon Ranch

                                Global markets largely echoed Wall Street's fortunes over last week.

                                  Ericsson (ERIC) Surges: Stock Moves 5.8% Higher

                                  Ericsson (ERIC) shares rose nearly 6% in the last trading session, amid huge volumes.

                                    Ericsson Books $1.8 Billion in Charges Under Restructuring

                                    Ericsson (ERIC) undertakes another colossal writedown by booking charges roughly amounting to a whopping $1.8 billion.

                                      Nokia (NOK) Wins Major Managed Services Contract From Optus

                                      Nokia Corp. (NOK) will provide network operations and software services to help Optus scale its network.

                                        Ericsson Selected by the City of Dallas for Traffic Solution

                                        The City of Dallas selects Ericsson (ERIC) to install and host an Advanced Traffic Management System ("ATMS") based on the company's Connected Urban Transport solution.

                                          Telecom Stock Roundup: Verizon, Qualcomm, Ericsson Close FDD Massive MIMO Trial

                                          The U.S. telecom industry remained rather subdued last week. Very few developments took place in the Christmas/New Year week.

                                            Ericsson, Verizon & Qualcomm Jointly Trial FDD Massive MIMO

                                            Ericsson (ERIC), Verizon Communications and Qualcomm Technologies deploy latest version of FDD Massive MIMO on Verizon's wireless network in Irvine, CA.

                                              Verizon, Qualcomm & Ericsson Complete Massive MIMO Trial

                                              The latest trial by Verizon (VZ), Qualcomm and Ericsson reflect effort to develop 4G and bolster network for 5G deployment.

                                                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.