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U.S. Communications Equipment Industry Analysis

UpdatedNov 20, 2024
DataAggregated Company Financials
Companies78
  • 7D-3.3%
  • 3M12.7%
  • 1Y38.8%
  • YTDn/a

Over the last 7 days, the Communications Equipment industry has dropped 3.3%, driven by Cisco Systems declining 3.7%. In the past year, the industry has gained 39%. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024US$507.6bUS$102.4bUS$12.1b24.2x41.9x5x
Sat, 19 Oct 2024US$507.8bUS$103.0bUS$12.0b28.4x42.3x4.9x
Mon, 16 Sep 2024US$453.3bUS$103.0bUS$12.0b24.6x37.8x4.4x
Wed, 14 Aug 2024US$408.4bUS$102.9bUS$13.7b23.9x29.8x4x
Fri, 12 Jul 2024US$350.4bUS$92.6bUS$12.6b26.3x27.8x3.8x
Sun, 09 Jun 2024US$326.0bUS$92.7bUS$12.6b27.3x25.8x3.5x
Tue, 07 May 2024US$326.7bUS$94.4bUS$14.4b29.9x22.8x3.5x
Thu, 04 Apr 2024US$401.5bUS$104.8bUS$16.3b34.2x24.7x3.8x
Sat, 02 Mar 2024US$391.6bUS$104.8bUS$16.4b32.6x23.9x3.7x
Mon, 29 Jan 2024US$349.0bUS$96.0bUS$14.9b27.3x23.4x3.6x
Wed, 27 Dec 2023US$329.6bUS$96.1bUS$15.1b25.1x21.8x3.4x
Fri, 24 Nov 2023US$308.6bUS$96.2bUS$14.9b23x20.7x3.2x
Sun, 22 Oct 2023US$317.6bUS$94.7bUS$14.6b20.5x21.7x3.4x
Tue, 19 Sep 2023US$337.2bUS$94.7bUS$14.6b28x23x3.6x
Thu, 17 Aug 2023US$323.5bUS$92.4bUS$13.6b26.2x23.8x3.5x
Sat, 15 Jul 2023US$311.3bUS$91.4bUS$13.5b23.8x23x3.4x
Mon, 12 Jun 2023US$308.4bUS$91.4bUS$13.5b21.4x22.8x3.4x
Wed, 10 May 2023US$283.0bUS$90.1bUS$13.4b24.3x21.2x3.1x
Fri, 07 Apr 2023US$315.1bUS$89.0bUS$13.1b26.7x24x3.5x
Sun, 05 Mar 2023US$301.1bUS$88.8bUS$13.1b29.1x23x3.4x
Tue, 31 Jan 2023US$293.6bUS$86.9bUS$13.0b27.4x22.5x3.4x
Thu, 29 Dec 2022US$286.0bUS$86.7bUS$13.0b27.3x21.9x3.3x
Sat, 26 Nov 2022US$300.3bUS$86.8bUS$13.1b30.8x22.9x3.5x
Mon, 24 Oct 2022US$267.0bUS$84.9bUS$13.5b24.2x19.8x3.1x
Wed, 21 Sep 2022US$265.3bUS$85.2bUS$13.4b23.7x19.7x3.1x
Fri, 19 Aug 2022US$310.1bUS$85.3bUS$13.7b24x22.7x3.6x
Sun, 17 Jul 2022US$265.1bUS$84.6bUS$14.0b22x19x3.1x
Tue, 14 Jun 2022US$260.4bUS$84.7bUS$14.0b21.2x18.6x3.1x
Thu, 12 May 2022US$290.8bUS$84.4bUS$13.9b21.4x20.9x3.4x
Sat, 09 Apr 2022US$331.0bUS$84.2bUS$14.2b27.5x23.4x3.9x
Mon, 07 Mar 2022US$344.3bUS$84.8bUS$14.3b26.3x24x4.1x
Wed, 02 Feb 2022US$368.4bUS$94.1bUS$14.4b27x25.5x3.9x
Fri, 31 Dec 2021US$419.9bUS$93.3bUS$14.1b28.8x29.7x4.5x
Sun, 28 Nov 2021US$365.7bUS$93.1bUS$14.0b29.4x26.1x3.9x
Price to Earnings Ratio

26.1x


Total Market Cap: US$365.7bTotal Earnings: US$14.0bTotal Revenue: US$93.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Communications Equipment Industry Price to Earnings3Y Average 24.6x202220232024
Current Industry PE
  • Investors are optimistic on the American Communications Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 41.9x which is higher than its 3-year average PE of 24.6x.
  • The 3-year average PS ratio of 3.6x is lower than the industry's current PS ratio of 5.0x.
Past Earnings Growth
  • The earnings for companies in the Communications Equipment industry have declined 4.8% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.3% 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, which has decreased profits.

Industry Comparison

How does U.S. Communications Equipment compare with similar industries?

US Market-1.19%
Tech-1.35%
Communications-3.30%
Communications Equipment-3.30%
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
AAOI Applied OptoelectronicsUS$34.0725.0%
+US$307.0m		157.9%PS7.3x
UI UbiquitiUS$340.991.0%
+US$214.1m		196.4%PE52.8x
CRNT Ceragon NetworksUS$3.1914.3%
+US$34.3m		79.2%PE14.2x
BKTI BK TechnologiesUS$34.1120.7%
+US$20.7m		171.9%PE24.2x
INSG InseegoUS$12.4214.7%
+US$19.5m		544.2%PS0.7x
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Latest News

CMTL

US$3.03

Comtech Telecommunications

7D

19.8%

1Y

-75.1%

BKTI

US$34.11

BK Technologies

7D

20.7%

1Y

171.9%

INSG

US$12.42

Inseego

7D

14.7%

1Y

544.2%

CSCO

US$57.50

Cisco Systems

7D

-2.8%

1Y

19.6%

Some Investors May Be Willing To Look Past Cisco Systems' (NASDAQ:CSCO) Soft Earnings

Nov 20
Some Investors May Be Willing To Look Past Cisco Systems' (NASDAQ:CSCO) Soft Earnings

LITE

US$82.47

Lumentum Holdings

7D

-6.3%

1Y

89.3%

Market Participants Recognise Lumentum Holdings Inc.'s (NASDAQ:LITE) Revenues Pushing Shares 26% Higher

Nov 20
Market Participants Recognise Lumentum Holdings Inc.'s (NASDAQ:LITE) Revenues Pushing Shares 26% Higher

GILT

US$5.27

Gilat Satellite Networks

7D

5.8%

1Y

-15.8%

CRNT

US$3.19

Ceragon Networks

7D

14.3%

1Y

79.2%

EXTR

US$15.43

Extreme Networks

7D

-7.3%

1Y

-5.8%

MSI

US$492.60

Motorola Solutions

7D

-0.8%

1Y

54.2%

Motorola Solutions (NYSE:MSI) Has Announced That It Will Be Increasing Its Dividend To $1.09

Nov 18
Motorola Solutions (NYSE:MSI) Has Announced That It Will Be Increasing Its Dividend To $1.09

LTRX

US$2.90

Lantronix

7D

9.0%

1Y

-45.5%

CIEN

US$66.48

Ciena

7D

-6.9%

1Y

45.3%

FFIV

US$242.02

F5

7D

-2.0%

1Y

44.9%

ANET

US$381.71

Arista Networks

7D

-3.4%

1Y

75.3%

Shareholders Are Optimistic That Arista Networks (NYSE:ANET) Will Multiply In Value

Nov 12
Shareholders Are Optimistic That Arista Networks (NYSE:ANET) Will Multiply In Value

AAOI

US$34.07

Applied Optoelectronics

7D

25.0%

1Y

157.9%

Applied Optoelectronics' Bright Prospects Dimmed By Valuation Concerns

Nov 11

UI

US$340.99

Ubiquiti

7D

1.0%

1Y

196.4%

Ubiquiti (NYSE:UI) Has Announced A Dividend Of $0.60

Nov 11
Ubiquiti (NYSE:UI) Has Announced A Dividend Of $0.60

JNPR

US$35.66

Juniper Networks

7D

-6.8%

1Y

31.9%