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U.S. Communications Industry Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies98
- 7D0.9%
- 3M-2.7%
- 1Y31.6%
- YTD24.5%
Over the last 7 days, the Communications industry has remained flat, although notably Arista Networks declined by 3.1%. As for the the longer term, the industry is up 32% over the past 12 months.
Industry Valuation and Performance
Has the U.S. Communications Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 28 Nov 2021 | US$365.7b | US$93.1b | US$14.0b | 29.4x |
| Tue, 26 Oct 2021 | US$333.6b | US$89.8b | US$12.6b | 24.6x |
| Thu, 23 Sep 2021 | US$334.1b | US$91.8b | US$12.7b | 22.1x |
| Sat, 21 Aug 2021 | US$352.3b | US$92.0b | US$12.8b | 20.4x |
| Sat, 05 Jun 2021 | US$320.5b | US$89.0b | US$11.8b | 30.7x |
| Tue, 09 Mar 2021 | US$280.1b | US$87.6b | US$11.0b | 31.6x |
| Mon, 30 Nov 2020 | US$259.9b | US$87.4b | US$10.4b | 32.4x |
| Thu, 03 Sep 2020 | US$252.2b | US$88.5b | US$11.0b | 30.3x |
| Sun, 07 Jun 2020 | US$274.9b | US$90.5b | US$10.5b | 27.1x |
| Sat, 29 Feb 2020 | US$235.8b | US$93.2b | US$10.9b | 20.3x |
| Tue, 03 Dec 2019 | US$265.7b | US$92.6b | US$11.3b | 17.5x |
| Fri, 06 Sep 2019 | US$280.7b | US$92.1b | US$12.7b | 22.2x |
| Mon, 10 Jun 2019 | US$304.4b | US$89.1b | US$14.6b | 16.3x |
| Sun, 03 Mar 2019 | US$322.5b | US$88.0b | US$14.4b | 22.4x |
| Wed, 05 Dec 2018 | US$300.1b | US$86.2b | US$2.4b | 23x |
PE Ratio
23x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 24.5x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Communications industry have grown 80% per year over the last three years, and revenues for these companies have grown 2.6% 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. Communications industry?
| Communications Equipment | 0.90% | |
Industry PE: Investors are most optimistic about the Communications Equipment industry which is trading above its 3-year average PE ratio of 24.5x. However analysts are expecting annual earnings growth of 8.2%, which is lower than the prior year's growth of 23% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Communications Equipment industry, expecting annual earnings growth of 8.2% over the next 5 years. However this is lower than its past earnings growth rate of 23% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| CSCO Cisco Systems | 2.7%+US$6.0b | 28.0% | PE20.2x | |
| COMM CommScope Holding Company | 9.0%+US$177.9m | -15.5% | PS0.3x | |
| MSI Motorola Solutions | 0.2%+US$79.4m | 46.2% | PE34.1x | |
| CMTL Comtech Telecommunications | 0.8%+US$5.5m | 27.3% | PS1.2x | |
| AVNW Aviat Networks | 1.3%+US$4.2m | 70.8% | PE3.1x |
