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Why Ericsson (ERIC) is a Top Value Stock for the Long-Term
ZACKSยท 2025-08-21 14:40
Company Overview - Ericsson, founded in 1876 and headquartered in Stockholm, Sweden, is a leading provider of communication networks, telecom services, and support solutions. The company is expanding its role into an ICT (Information and Communications Technology) solutions provider [11]. Financial Metrics - Ericsson has a Zacks Rank of 3 (Hold) and a VGM Score of A. It also has a Value Style Score of B, supported by attractive valuation metrics such as a forward P/E ratio of 12.98, which is appealing to value investors [12]. - In the last 60 days, three analysts revised their earnings estimates higher for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.02 to $0.60 per share. The company has an average earnings surprise of +13.3% [12]. Investment Potential - With a solid Zacks Rank and top-tier Value and VGM Style Scores, Ericsson is recommended to be on investors' short lists for potential investment opportunities [13].