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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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 15 Oct 2024 | US$499.5b | US$103.0b | US$12.0b | 27.4x | 41.7x | 4.9x |
| Thu, 12 Sep 2024 | US$442.8b | US$103.0b | US$12.0b | 24.5x | 36.9x | 4.3x |
| Sat, 10 Aug 2024 | US$411.5b | US$102.9b | US$13.7b | 23.4x | 30.1x | 4x |
| Mon, 08 Jul 2024 | US$352.4b | US$92.6b | US$12.6b | 25.2x | 27.9x | 3.8x |
| Wed, 05 Jun 2024 | US$329.9b | US$92.9b | US$12.7b | 26.3x | 26x | 3.6x |
| Fri, 03 May 2024 | US$373.6b | US$104.4b | US$16.1b | 32.8x | 23.2x | 3.6x |
| Sun, 31 Mar 2024 | US$404.7b | US$104.8b | US$16.3b | 31.8x | 24.9x | 3.9x |
| Tue, 27 Feb 2024 | US$390.0b | US$105.0b | US$16.5b | 31.9x | 23.6x | 3.7x |
| Thu, 25 Jan 2024 | US$346.9b | US$96.1b | US$15.1b | 26.3x | 22.9x | 3.6x |
| Sat, 23 Dec 2023 | US$329.6b | US$96.1b | US$15.1b | 25.1x | 21.8x | 3.4x |
| Mon, 20 Nov 2023 | US$307.6b | US$96.2b | US$14.9b | 23.1x | 20.7x | 3.2x |
| Wed, 18 Oct 2023 | US$326.7b | US$94.7b | US$14.6b | 20.5x | 22.3x | 3.4x |
| Fri, 15 Sep 2023 | US$338.4b | US$94.7b | US$14.6b | 29.3x | 23.1x | 3.6x |
| Sun, 13 Aug 2023 | US$326.4b | US$92.4b | US$13.6b | 26.4x | 24.1x | 3.5x |
| Tue, 11 Jul 2023 | US$316.3b | US$91.4b | US$13.5b | 23.8x | 23.4x | 3.5x |
| Thu, 08 Jun 2023 | US$307.9b | US$91.4b | US$13.5b | 23.1x | 22.8x | 3.4x |
| Sat, 06 May 2023 | US$281.7b | US$89.9b | US$13.5b | 23.3x | 20.9x | 3.1x |
| Mon, 03 Apr 2023 | US$322.9b | US$89.0b | US$13.1b | 26.7x | 24.6x | 3.6x |
| Wed, 01 Mar 2023 | US$296.8b | US$88.8b | US$13.1b | 28.6x | 22.6x | 3.3x |
| Fri, 27 Jan 2023 | US$295.5b | US$86.9b | US$13.0b | 27.8x | 22.7x | 3.4x |
| Sun, 25 Dec 2022 | US$288.8b | US$86.7b | US$13.0b | 27.9x | 22.1x | 3.3x |
| Tue, 22 Nov 2022 | US$295.9b | US$86.8b | US$13.1b | 30.3x | 22.6x | 3.4x |
| Thu, 20 Oct 2022 | US$259.7b | US$84.9b | US$13.5b | 23.4x | 19.3x | 3.1x |
| Sat, 17 Sep 2022 | US$269.6b | US$85.2b | US$13.4b | 24.2x | 20.1x | 3.2x |
| Mon, 15 Aug 2022 | US$295.7b | US$85.2b | US$14.0b | 23.5x | 21.2x | 3.5x |
| Wed, 13 Jul 2022 | US$261.6b | US$84.6b | US$14.0b | 21.8x | 18.7x | 3.1x |
| Fri, 10 Jun 2022 | US$271.3b | US$84.7b | US$14.0b | 23.2x | 19.4x | 3.2x |
| Sun, 08 May 2022 | US$298.8b | US$84.4b | US$13.9b | 22.8x | 21.4x | 3.5x |
| Tue, 05 Apr 2022 | US$345.0b | US$84.2b | US$14.2b | 27.9x | 24.4x | 4.1x |
| Thu, 03 Mar 2022 | US$347.4b | US$84.8b | US$14.3b | 27.3x | 24.3x | 4.1x |
| Sat, 29 Jan 2022 | US$365.1b | US$94.1b | US$14.4b | 26.1x | 25.3x | 3.9x |
| Mon, 27 Dec 2021 | US$411.3b | US$93.3b | US$14.1b | 25.1x | 29.1x | 4.4x |
| Wed, 24 Nov 2021 | US$370.3b | US$93.1b | US$14.0b | 23.4x | 26.4x | 4x |
| Fri, 22 Oct 2021 | US$338.9b | US$89.8b | US$12.6b | 23.5x | 26.9x | 3.8x |
Price to Earnings Ratio
26.9x
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 Market | 1.47% | |
| Tech | 3.09% | |
| Communications | 3.54% | |
| Communications Equipment | 3.54% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CSCO Cisco Systems | US$54.27 | 3.4% +US$7.0b | 0.2% | PE21x | |
| ANET Arista Networks | US$413.47 | 5.3% +US$6.6b | 110.1% | PE52.8x | |
| MSI Motorola Solutions | US$472.99 | 5.3% +US$4.0b | 61.3% | PE53.9x | |
| UI Ubiquiti | US$241.52 | 7.9% +US$1.1b | 100.6% | PE41.7x | |
| CIEN Ciena | US$67.73 | 6.5% +US$597.9m | 55.7% | PE70.8x |