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U.S. Communications Industry Analysis

UpdatedOct 14, 2024
DataAggregated Company Financials
Companies76
  • 7D3.5%
  • 3M15.9%
  • 1Y32.9%
  • YTD29.1%

In the last week, the Communications industry is up 3.5%, with Cisco Systems leading the way, up 3.4%. Meanwhile, CommScope Holding Company actually underperformed within the industry, shrinking 7.0% in the last week. In the last 12 months, the industry was up 33%. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

Has the U.S. Communications Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Oct 2024US$499.5bUS$103.0bUS$12.0b27.4x41.7x4.9x
Thu, 12 Sep 2024US$442.8bUS$103.0bUS$12.0b24.5x36.9x4.3x
Sat, 10 Aug 2024US$411.5bUS$102.9bUS$13.7b23.4x30.1x4x
Mon, 08 Jul 2024US$352.4bUS$92.6bUS$12.6b25.2x27.9x3.8x
Wed, 05 Jun 2024US$329.9bUS$92.9bUS$12.7b26.3x26x3.6x
Fri, 03 May 2024US$373.6bUS$104.4bUS$16.1b32.8x23.2x3.6x
Sun, 31 Mar 2024US$404.7bUS$104.8bUS$16.3b31.8x24.9x3.9x
Tue, 27 Feb 2024US$390.0bUS$105.0bUS$16.5b31.9x23.6x3.7x
Thu, 25 Jan 2024US$346.9bUS$96.1bUS$15.1b26.3x22.9x3.6x
Sat, 23 Dec 2023US$329.6bUS$96.1bUS$15.1b25.1x21.8x3.4x
Mon, 20 Nov 2023US$307.6bUS$96.2bUS$14.9b23.1x20.7x3.2x
Wed, 18 Oct 2023US$326.7bUS$94.7bUS$14.6b20.5x22.3x3.4x
Fri, 15 Sep 2023US$338.4bUS$94.7bUS$14.6b29.3x23.1x3.6x
Sun, 13 Aug 2023US$326.4bUS$92.4bUS$13.6b26.4x24.1x3.5x
Tue, 11 Jul 2023US$316.3bUS$91.4bUS$13.5b23.8x23.4x3.5x
Thu, 08 Jun 2023US$307.9bUS$91.4bUS$13.5b23.1x22.8x3.4x
Sat, 06 May 2023US$281.7bUS$89.9bUS$13.5b23.3x20.9x3.1x
Mon, 03 Apr 2023US$322.9bUS$89.0bUS$13.1b26.7x24.6x3.6x
Wed, 01 Mar 2023US$296.8bUS$88.8bUS$13.1b28.6x22.6x3.3x
Fri, 27 Jan 2023US$295.5bUS$86.9bUS$13.0b27.8x22.7x3.4x
Sun, 25 Dec 2022US$288.8bUS$86.7bUS$13.0b27.9x22.1x3.3x
Tue, 22 Nov 2022US$295.9bUS$86.8bUS$13.1b30.3x22.6x3.4x
Thu, 20 Oct 2022US$259.7bUS$84.9bUS$13.5b23.4x19.3x3.1x
Sat, 17 Sep 2022US$269.6bUS$85.2bUS$13.4b24.2x20.1x3.2x
Mon, 15 Aug 2022US$295.7bUS$85.2bUS$14.0b23.5x21.2x3.5x
Wed, 13 Jul 2022US$261.6bUS$84.6bUS$14.0b21.8x18.7x3.1x
Fri, 10 Jun 2022US$271.3bUS$84.7bUS$14.0b23.2x19.4x3.2x
Sun, 08 May 2022US$298.8bUS$84.4bUS$13.9b22.8x21.4x3.5x
Tue, 05 Apr 2022US$345.0bUS$84.2bUS$14.2b27.9x24.4x4.1x
Thu, 03 Mar 2022US$347.4bUS$84.8bUS$14.3b27.3x24.3x4.1x
Sat, 29 Jan 2022US$365.1bUS$94.1bUS$14.4b26.1x25.3x3.9x
Mon, 27 Dec 2021US$411.3bUS$93.3bUS$14.1b25.1x29.1x4.4x
Wed, 24 Nov 2021US$370.3bUS$93.1bUS$14.0b23.4x26.4x4x
Fri, 22 Oct 2021US$338.9bUS$89.8bUS$12.6b23.5x26.9x3.8x
Price to Earnings Ratio

26.9x


Total Market Cap: US$338.9bTotal Earnings: US$12.6bTotal Revenue: US$89.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Communications Industry Price to Earnings3Y Average 24.2x202220232024
Current Industry PE
  • Investors are optimistic on the American Communications industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 41.7x which is higher than its 3-year average PE of 24.2x.
  • The 3-year average PS ratio of 3.6x is lower than the industry's current PS ratio of 4.9x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 4.7% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the U.S. Tech industry?

US Market1.47%
Tech3.09%
Communications3.54%
Communications Equipment3.54%
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?

CompanyLast Price7D1YValuation
CSCO Cisco SystemsUS$54.273.4%
+US$7.0b
0.2%PE21x
ANET Arista NetworksUS$413.475.3%
+US$6.6b
110.1%PE52.8x
MSI Motorola SolutionsUS$472.995.3%
+US$4.0b
61.3%PE53.9x
UI UbiquitiUS$241.527.9%
+US$1.1b
100.6%PE41.7x
CIEN CienaUS$67.736.5%
+US$597.9m
55.7%PE70.8x
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Latest News

CSCO

US$54.27

Cisco Systems

7D

3.4%

1Y

0.2%

NTCT

US$21.55

NetScout Systems

7D

7.1%

1Y

-21.9%

ANET

US$413.47

Arista Networks

7D

5.3%

1Y

110.1%

VSAT

US$10.93

Viasat

7D

-2.7%

1Y

-44.5%

JNPR

US$38.76

Juniper Networks

7D

-0.03%

1Y

47.4%

LITE

US$69.23

Lumentum Holdings

7D

2.9%

1Y

64.2%

CRNT

US$2.54

Ceragon Networks

7D

-1.9%

1Y

53.9%

SATX

US$0.62

Satixfy Communications

7D

-6.0%

1Y

24.0%

INFN

US$6.70

Infinera

7D

-0.6%

1Y

87.2%