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ERIC
Stock ticker: NASDAQ
AS OF
Jan 17, 04:59 PM (EDT)
Price
$8.53
Change
+$0.07 (+0.83%)
Capitalization
17.96B

ERIC stock forecast, quote, news & analysis

ERIC
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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a Summary for ERIC with price predictions
Jan 14, 2025

ERIC's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for ERIC turned positive on January 14, 2025. Looking at past instances where ERIC's MACD turned positive, the stock continued to rise in of 52 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 14, 2025. You may want to consider a long position or call options on ERIC as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

ERIC moved above its 50-day moving average on January 14, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ERIC advanced for three days, in of 292 cases, the price rose further within the following month. The odds of a continued upward trend are .

ERIC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 57 cases where ERIC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The 10-day moving average for ERIC crossed bearishly below the 50-day moving average on December 20, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ERIC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.988) is normal, around the industry mean (8.299). P/E Ratio (13.569) is within average values for comparable stocks, (91.676). Projected Growth (PEG Ratio) (1.646) is also within normal values, averaging (1.815). Dividend Yield (0.046) settles around the average of (0.042) among similar stocks. P/S Ratio (0.744) is also within normal values, averaging (26.790).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ERIC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ERIC’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock worse than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I.Advisor
published Dividends

ERIC paid dividends on April 17, 2024

Ericsson ERIC Stock Dividends
А dividend of $0.13 per share was paid with a record date of April 17, 2024, and an ex-dividend date of April 04, 2024. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Cisco Systems (NASDAQ:CSCO), Hewlett Packard Enterprise Company (NYSE:HPE), Nokia Corp (NYSE:NOK), Ericsson (NASDAQ:ERIC), Juniper Networks (NYSE:JNPR), Ciena Corp (NYSE:CIEN), Lumentum Holdings (NASDAQ:LITE), CommScope Holding Company (NASDAQ:COMM).

Industry description

The Telecommunications Equipment industry produces voice and data communications equipment, which includes fiber optic delivery products, digital signal processors, high-speed voice, data and video delivery. Additionally, satellite systems, global positioning systems, wireless data systems, personal communications equipment, telephone handsets and payload equipment for satellites also fall into this category. Apple Inc., QUALCOMM Incorporated and Nokia are major global players in this segment.

Market Cap

The average market capitalization across the Telecommunications Equipment Industry is 5.04B. The market cap for tickers in the group ranges from 1.59K to 202.5B. CSCO holds the highest valuation in this group at 202.5B. The lowest valued company is ABILF at 1.59K.

High and low price notable news

The average weekly price growth across all stocks in the Telecommunications Equipment Industry was -2%. For the same Industry, the average monthly price growth was 6%, and the average quarterly price growth was 24%. SIMTF experienced the highest price growth at 85%, while PBTDF experienced the biggest fall at -38%.

Volume

The average weekly volume growth across all stocks in the Telecommunications Equipment Industry was -8%. For the same stocks of the Industry, the average monthly volume growth was -8% and the average quarterly volume growth was 41%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 46
P/E Growth Rating: 57
Price Growth Rating: 52
SMR Rating: 82
Profit Risk Rating: 80
Seasonality Score: 7 (-100 ... +100)
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ERIC
Daily Signalchanged days ago
Gain/Loss if bought
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published General Information

General Information

a provider of telecommunications equipment and related services to mobile and fixed network operators

Industry TelecommunicationsEquipment

Profile
Fundamentals
Details
Industry
Telecommunications Equipment
Address
Torshamnsgatan 21
Phone
+46 107190000
Employees
99952
Web
https://www.ericsson.com