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Ericsson (ERIC)

(Delayed Data from NSDQ)

$5.69 USD

5.69
14,477,945

+0.01 (0.18%)

Updated May 16, 2024 04:00 PM ET

After-Market: $5.69 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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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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Bottom 27% (182 out of 250)

Industry: Wireless Equipment

Better trading starts here.

Zacks News

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.

                    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.