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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

Mexico to Issue Tender for Nationwide Trunking Services

The frequencies of Mexican national trunking services will be within the spectrum band of 400-450 MHz.

    Verizon-Led Team to Test Carrier Aggregation Over CBRS Band

    Verizon Communications Inc. (VZ) is also planning to deploy small cells ??? both low power and high power ??? using the 3.5 GHz band.

      Verizon Communications (VZ) Adds Versa Networks to Portfolio

      Verizon (VZ) to expand managed services to a broader segment of small and medium businesses and adds Versa Networks to its portfolio in a retort to growing demand for virtualized services.

        Ericsson (ERIC) Spearheads Surpassing Gigabit Speed Barrier

        Ericsson (ERIC), Verizon (VZ), and Qualcomm Technologies, a subsidiary of Qualcomm Inc. (QCOM) have surpassed the Gigabit speed barrier.

          Verizon Led Consortium for LTE Bags Benchmark Data Speed

          The achievement of 1.07 Gbps by Verizon (VZ), in partnership with Ericsson and Qualcomm Technologies, on a commercial chipset is a big milestone on the road to 5G.

            Ericsson (ERIC) Plans Massive Layoffs to Streamline Costs

            Ericsson (ERIC) is planning to cut 25,000 jobs outside Sweden in a bid to accelerate cost cuts. Over the past year, the company has sacked 7000 employees in North America.

              Intel (INTC) Consortium to Build Autonomous Car Ecosystem

              Intel (INTC) consortium focuses on developing networking and storage architectures that are needed to harness the massive data to be generated by autonomous cars.

                Here's Why You Should Hold U.S. Cellular Amid Mixed Results

                U.S. Cellular (USM) gains postpaid and prepaid subscribers through strategic offerings. Stiff competition remains a woe.

                  Swarup Gupta headshot

                  Foreign Stock Roundup: ABB, Novartis Beat on Earnings

                  Global markets were weighed down by comments from the ECB and Bank of Japan even as bullish GDP data emerged from China this week

                    Will AT&T (T) Disappoint Investors this Earnings Season?

                    Despite operating in a competitive wireless market, AT&T's (T) efforts to fortify its foothold in the IoT and cloud suite and expand 5G wireless network growth look impressive.

                      Ericsson (ERIC) Q2 Earnings Miss, Outlook Grim, Shares Down

                      Ericsson's (ERIC) second-quarter 2017 earnings missed estimates and the company expects waning market demand to hurt its results further in the times ahead.

                        Ericsson (ERIC) Q2 Earnings: Another Earnings Miss in Store?

                        How are things shaping up for Ericsson's (ERIC) second-quarter fiscal 2017 results slated on Jul 18?

                          T-Mobile US' (TMUS) NB-IoT Trials Heat Up the Tech Battle

                          T-Mobile US (TMUS) boasts to be the first wireless provider in North America to conduct successful tests of Narrowband IoT (NB-IoT) technology live on its commercial network.

                            Ericsson Launches Network Services Suite for Commercial IoT

                            Ericsson (ERIC) recently rolled out a broad range of radio network services to aid operators in taking up Internet of Things (???IoT???) applications on their networks.

                              AT&T (T) Completes Vyatta Buyout, Boosts SD-WAN Portfolio

                              The completion of acquisition of the Vyatta network operating system and associated assets of Brocade Communications Systems will expand AT&T's SD-WAN and white box capabilities for business customers.

                                Ericsson to Help NTT DOCOMO Provide UDN Solutions in Japan

                                Telefonaktiebolaget LM Ericsson (publ) (ERIC) recently announced that it has been selected by Japan-based mobile phone operator, NTT DOCOMO, INC., to deliver its Unified Delivery Network (UDN) solution.

                                  AT&T to Include Virtualized RAN Core in 5G Network Trials

                                  U.S. telecom behemoth AT&T Inc. (T) is looking forward to include virtualized Radio Access Networks (RAN) core in its trials.

                                    Ericsson (ERIC) Set to Transform Vodafone's Network in UK

                                    Premium communications technology and services provider, Telefonaktiebolaget LM Ericsson (publ) (ERIC), recently announced that it has been chosen to help Vodafone Group Plc (VOD) evolve its 4G network in southern England.

                                      AT&T to Start Deploying 5G Network in Late '18 or Early '19

                                      AT&T Inc. (T) has unveiled their expected plans to start commercial deployments of both fixed and wireless 5G network in late 2018 or early 2019.

                                        Ericsson Divests Power Module Unit as Part of Restructuring

                                        Telefonaktiebolaget LM Ericsson (publ) (ERIC) recently announced that it has inked an agreement with Singapore-based power-supply products provider, Flex, to divest its Ericsson Power Modules business.

                                          Here's Why You Should Hold on United States Cellular (USM)

                                          United States Cellular's (USM) top priority has always been subscriber additions and churn management.

                                            Ericsson to Help MasMovil with Network Evolution & Services

                                            Ericsson (ERIC) a strategic agreement to provide a broad array of solutions and services to MasMovil.

                                              Will Verizon Digital Media Arm Cut Jobs Post "Oath" Taking?

                                              Verizon Communications' (VZ) to-be-formed digital media unit - Oath, is reportedly going to sack nearly 1,000 employees, post the completion of Verizon - Yahoo deal worth $4.48 billion.

                                                Telecom Stock Roundup: Charter Communications Allegedly Rejects Verizon's Bid, AT&T to Buy Vyatta

                                                The telecom industry continued its strong run on the bourse last week as most of the key stocks traded in the green.

                                                  Ericsson (ERIC) to Deploy Verizon's (VZ) Managed SD-WAN

                                                  Verizon Communications (VZ) has inked a managed services deal with Ericsson (ERIC) wherein the latter will be deploying Verizon's Managed Software Defined Wide Area Network (SD WAN) to transform its corporate IT environment toward a virtual services implementation.