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U.S. Communications Industry Analysis
UpdatedSep 23, 2023
DataAggregated Company Financials
Companies94
- 7D-3.8%
- 3M6.1%
- 1Y27.4%
- YTD11.1%
Over the last 7 days, the Communications industry has dropped 3.8%, driven by Cisco Systems declining 4.4%. Over the past 12 months, the industry was up 27%. Earnings are forecast to grow by 10% annually.
Industry Valuation and Performance
Has the U.S. Communications Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 23 Sep 2023 | US$323.6b | US$94.7b | US$14.6b | 28.3x | 22.1x | 3.4x |
| Mon, 21 Aug 2023 | US$332.0b | US$94.5b | US$14.6b | 25.6x | 22.7x | 3.5x |
| Wed, 19 Jul 2023 | US$317.9b | US$91.4b | US$13.5b | 27.5x | 23.5x | 3.5x |
| Fri, 16 Jun 2023 | US$317.5b | US$91.4b | US$13.5b | 20.8x | 23.5x | 3.5x |
| Sun, 14 May 2023 | US$283.8b | US$89.8b | US$13.5b | 25.5x | 21.1x | 3.2x |
| Tue, 11 Apr 2023 | US$317.0b | US$89.0b | US$13.2b | 25.5x | 24.1x | 3.6x |
| Thu, 09 Mar 2023 | US$303.4b | US$89.0b | US$13.1b | 28.9x | 23.1x | 3.4x |
| Sat, 04 Feb 2023 | US$299.1b | US$87.0b | US$13.0b | 30.9x | 23x | 3.4x |
| Mon, 02 Jan 2023 | US$290.8b | US$86.7b | US$13.0b | 27.9x | 22.3x | 3.4x |
| Wed, 30 Nov 2022 | US$297.6b | US$86.8b | US$13.1b | 29.6x | 22.7x | 3.4x |
| Fri, 28 Oct 2022 | US$279.2b | US$85.1b | US$13.3b | 25.5x | 20.9x | 3.3x |
| Sun, 25 Sep 2022 | US$254.0b | US$84.9b | US$13.5b | 23x | 18.9x | 3x |
| Tue, 23 Aug 2022 | US$303.6b | US$85.3b | US$13.7b | 23.1x | 22.2x | 3.6x |
| Thu, 21 Jul 2022 | US$272.7b | US$84.6b | US$14.0b | 23.1x | 19.5x | 3.2x |
| Sat, 18 Jun 2022 | US$258.7b | US$84.7b | US$14.0b | 21.5x | 18.5x | 3.1x |
| Mon, 16 May 2022 | US$298.1b | US$84.4b | US$13.9b | 21.7x | 21.4x | 3.5x |
| Wed, 13 Apr 2022 | US$318.4b | US$84.2b | US$14.2b | 26.6x | 22.5x | 3.8x |
| Fri, 11 Mar 2022 | US$341.0b | US$84.9b | US$14.3b | 26.6x | 23.8x | 4x |
| Sun, 06 Feb 2022 | US$349.0b | US$92.1b | US$13.8b | 22.2x | 25.3x | 3.8x |
| Tue, 04 Jan 2022 | US$418.1b | US$93.3b | US$14.1b | 26.6x | 29.6x | 4.5x |
| Thu, 02 Dec 2021 | US$365.7b | US$93.1b | US$14.0b | 28.6x | 26.1x | 3.9x |
| Sat, 30 Oct 2021 | US$342.8b | US$89.8b | US$12.7b | 20.9x | 27.1x | 3.8x |
| Mon, 27 Sep 2021 | US$341.7b | US$91.8b | US$12.7b | 22.6x | 26.8x | 3.7x |
| Wed, 25 Aug 2021 | US$357.8b | US$92.0b | US$12.8b | 20.9x | 28x | 3.9x |
| Thu, 01 Jul 2021 | US$325.5b | US$90.8b | US$12.3b | 23x | 26.5x | 3.6x |
| Sun, 04 Apr 2021 | US$312.1b | US$88.1b | US$11.3b | 31.1x | 27.5x | 3.5x |
| Wed, 06 Jan 2021 | US$274.2b | US$87.7b | US$11.3b | 31.7x | 24.3x | 3.1x |
| Sat, 10 Oct 2020 | US$232.2b | US$88.8b | US$11.3b | 30.8x | 20.6x | 2.6x |
Price to Earnings Ratio
20.6x
Current Industry PE
- Investors are relatively neutral on the American Communications industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 23.8x.
- The industry is trading close to its 3-year average PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Communications industry have grown 9.0% per year over the last three years.
- Revenues for these companies have grown 2.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Tech industry?
| US Market | -3.07% | |
| Tech | -2.84% | |
| Communications | -3.82% | |
| Communications Equipment | -3.82% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EXTR Extreme Networks | US$24.18 | 1.3% +US$41.4m | 95.9% | PE40.1x | |
| FFIV F5 | US$158.66 | 0.1% +US$11.3m | 10.1% | PE28.3x | |
| CRNT Ceragon Networks | US$1.95 | 2.1% +US$3.4m | 2.1% | PS0.5x | |
| ADTN ADTRAN Holdings | US$8.26 | 0.2% +US$1.6m | -54.4% | PS0.5x | |
| ITRN Ituran Location and Control | US$29.54 | 0.1% +US$798.1k | 28.7% | PE13.6x |
