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Ericsson (ERIC)

(Real Time Quote from BATS)

$5.94 USD

5.94
8,558,286

+0.15 (2.59%)

Updated May 22, 2024 12:14 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 Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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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 C Growth F Momentum C 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 29% (177 out of 249)

Industry: Wireless Equipment

Better trading starts here.

Zacks News

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.

Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know

Ericsson (ERIC) closed the most recent trading day at $8.04, moving +1.26% from the previous trading session.

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Telecom Stock Roundup: Sprint Boosts Video Analytics, AT&T's Content Deal & More

While Sprint (S) partners with Ericsson (ERIC) to offer improved video analytics solution, AT&T (T) collaborates with Starz for enriched video content for subscribers.

Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know

Ericsson (ERIC) closed at $7.79 in the latest trading session, marking a +1.17% move from the prior day.

Sprint Collaborates With Ericsson to Improve Video Analytics

Sprint (S) is partnering Ericsson and Hitachi Vantara to improve the video analytics solution for superior safety capabilities of business enterprises.

Ericsson (ERIC) Gains But Lags Market: What You Should Know

Ericsson (ERIC) closed at $7.83 in the latest trading session, marking a +0.64% move from the prior day.

Ericsson (ERIC) Stock Moves -0.49%: What You Should Know

Ericsson (ERIC) closed at $8.07 in the latest trading session, marking a -0.49% move from the prior day.

Company News for Jul 18, 2019

Companies In The News Are: ABT, USB, ERIC, TXT

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Telecom Stock Roundup: Ericsson Q2 Earnings Miss, AT&T's IBM Deal & More

Ericsson (ERIC) second-quarter 2019 earnings miss by a penny, while AT&T (T) collaborates with IBM to facilitate diverse businesses to harness edge connections and edge computing capabilities.

Ericsson (ERIC) Q2 Earnings Miss, Sales Up Y/Y, Stock Down

Higher y-o-y sales in network business aid Ericsson's (ERIC) second-quarter results. However, shares are down in pre-market as large-scale deployments are expected to hurt margins in the short term.

Verizon, Ericsson to Bring Cloud Native Tech in Live Network

Verizon (VZ) and Ericsson (ERIC) exhibit how cloud native Evolved Packet Core technology can be crucial in increasing efficiency and utilization of the cloud infrastructure.

T-Mobile Unveils NB-IoT Asset Tracking Solution With Roambee

T-Mobile (TMUS) and Roambee aim to provide a comprehensive asset tracking solution that works exclusively on Narrowband Internet of Things network.

Ericsson (ERIC) to Report Q2 Earnings: What's in Store?

Healthy demand for core 5G technology and equipment will likely drive Ericsson's (ERIC) Q2 revenues. However, unfavorable mix between coverage & capacity and services is expected to weigh on margins.

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Telecom Firms Collaborate to Deliver 5G on Low-Band Spectrum

Collaboration between tech firms is likely to serve as a major landmark in the 5G history of the country, and sow the seeds for delivering the state-of-the-art technology beyond urban areas.

Motorola Buys WatchGuard, Expands Mission-Critical Ecosystem

The acquisition of WatchGuard adds new capabilities to Motorola's (MSI) video security solutions portfolio.

BlackBerry (BB) Introduces CylanceGUARD to Monitor Threats

BlackBerry's (BB) CylanceGUARD solution simplifies complex technologies and workflows while reducing the time it takes to act against attack proliferation.

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5 Technology Stocks Set to Beat Estimates in Q2 Earnings

Here we pick five technology stocks that are likely to post positive earnings surprise in Q2.