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U.S. Communications Industry Analysis

UpdatedAug 09, 2024
DataAggregated Company Financials
Companies75
  • 7D-1.5%
  • 3M2.4%
  • 1Y11.0%
  • YTD8.0%

Over the last 7 days, the Communications industry has dropped 1.5%, driven by a pullback from Cisco Systems of 3.3%. This takes the industry's 12 month performance to a gain of 11%. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 09 Aug 2024US$399.6bUS$103.0bUS$13.7b24.9x29.1x3.9x
Sun, 07 Jul 2024US$352.4bUS$92.6bUS$12.6b25.2x27.9x3.8x
Tue, 04 Jun 2024US$330.0bUS$92.9bUS$12.7b26.9x26x3.6x
Thu, 02 May 2024US$374.7bUS$104.4bUS$16.1b32.8x23.3x3.6x
Sat, 30 Mar 2024US$404.7bUS$104.8bUS$16.3b31.8x24.9x3.9x
Mon, 26 Feb 2024US$389.8bUS$105.0bUS$16.5b31.5x23.6x3.7x
Wed, 24 Jan 2024US$347.9bUS$96.1bUS$15.1b26.1x23x3.6x
Fri, 22 Dec 2023US$325.8bUS$96.1bUS$15.1b24.9x21.6x3.4x
Sun, 19 Nov 2023US$307.7bUS$96.2bUS$14.9b23.1x20.7x3.2x
Tue, 17 Oct 2023US$328.2bUS$94.7bUS$14.6b20.6x22.4x3.5x
Thu, 14 Sep 2023US$338.4bUS$94.7bUS$14.6b27.3x23.1x3.6x
Sat, 12 Aug 2023US$326.4bUS$92.4bUS$13.6b26.4x24.1x3.5x
Mon, 10 Jul 2023US$313.6bUS$91.4bUS$13.5b23.5x23.2x3.4x
Wed, 07 Jun 2023US$307.8bUS$91.4bUS$13.5b22x22.8x3.4x
Fri, 05 May 2023US$278.3bUS$89.9bUS$13.5b22x20.7x3.1x
Sun, 02 Apr 2023US$322.9bUS$89.0bUS$13.1b26.7x24.6x3.6x
Tue, 28 Feb 2023US$297.3bUS$88.8bUS$13.1b28.1x22.7x3.3x
Thu, 26 Jan 2023US$292.6bUS$86.7bUS$13.0b27.2x22.5x3.4x
Sat, 24 Dec 2022US$288.8bUS$86.7bUS$13.0b27.9x22.1x3.3x
Mon, 21 Nov 2022US$296.9bUS$86.8bUS$13.1b30.4x22.7x3.4x
Wed, 19 Oct 2022US$260.5bUS$84.9bUS$13.5b23.5x19.4x3.1x
Fri, 16 Sep 2022US$270.4bUS$85.2bUS$13.4b24.5x20.1x3.2x
Sun, 14 Aug 2022US$295.7bUS$85.2bUS$14.0b23.5x21.2x3.5x
Tue, 12 Jul 2022US$264.8bUS$84.6bUS$14.0b22.1x19x3.1x
Thu, 09 Jun 2022US$280.3bUS$84.7bUS$14.0b23.7x20x3.3x
Sat, 07 May 2022US$300.2bUS$84.4bUS$13.9b22.8x21.6x3.6x
Mon, 04 Apr 2022US$342.6bUS$84.2bUS$14.2b24.9x24.2x4.1x
Wed, 02 Mar 2022US$337.1bUS$84.8bUS$14.3b26.7x23.5x4x
Fri, 28 Jan 2022US$357.6bUS$93.9bUS$14.3b26.1x25x3.8x
Sun, 26 Dec 2021US$411.3bUS$93.3bUS$14.1b25.1x29.1x4.4x
Tue, 23 Nov 2021US$368.1bUS$93.1bUS$14.0b22.8x26.2x4x
Thu, 21 Oct 2021US$341.1bUS$89.8bUS$12.6b23.1x27x3.8x
Sat, 18 Sep 2021US$339.5bUS$91.8bUS$12.7b22.6x26.6x3.7x
Mon, 16 Aug 2021US$338.1bUS$92.0bUS$12.8b20.3x26.4x3.7x
Price to Earnings Ratio

26.4x


Total Market Cap: US$338.1bTotal Earnings: US$12.8bTotal Revenue: US$92.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Communications Industry Price to Earnings3Y Average 23.5x202220232024
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 29.1x which is higher than its 3-year average PE of 23.5x.
  • The industry is trading close to its 3-year average PS ratio of 3.6x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have grown 2.4% per year over the last three years.
  • Revenues for these companies have grown 3.8% 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-2.33%
Tech-2.69%
Communications-1.48%
Communications Equipment-1.48%
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
MSI Motorola SolutionsUS$412.183.4%
+US$2.3b		46.2%PE47x
VSAT ViasatUS$24.4930.4%
+US$729.6m		-18.1%PS0.7x
JNPR Juniper NetworksUS$38.581.9%
+US$237.0m		38.5%PE54.3x
DGII Digi InternationalUS$27.589.8%
+US$91.0m		-9.0%PE59.1x
COMM CommScope Holding CompanyUS$2.7911.2%
+US$59.4m		-26.2%PS0.1x
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Latest News

GILT

US$4.69

Gilat Satellite Networks

7D

7.8%

1Y

-31.6%

MSI

US$412.18

Motorola Solutions

7D

3.4%

1Y

46.2%

VSAT

US$24.49

Viasat

7D

30.4%

1Y

-18.1%

DGII

US$27.58

Digi International

7D

9.8%

1Y

-9.0%

ADTN

US$4.90

ADTRAN Holdings

7D

-23.7%

1Y

-35.9%

AAOI

US$8.57

Applied Optoelectronics

7D

2.0%

1Y

-40.7%

ANET

US$334.50

Arista Networks

7D

-1.2%

1Y

89.7%

We Think Arista Networks' (NYSE:ANET) Profit Is Only A Baseline For What They Can Achieve

Aug 07
We Think Arista Networks' (NYSE:ANET) Profit Is Only A Baseline For What They Can Achieve

JNPR

US$38.58

Juniper Networks

7D

1.9%

1Y

38.5%

Investors Can Find Comfort In Juniper Networks' (NYSE:JNPR) Earnings Quality

Aug 07
Investors Can Find Comfort In Juniper Networks' (NYSE:JNPR) Earnings Quality

CIEN

US$48.58

Ciena

7D

-5.3%

1Y

16.6%

CSCO

US$45.83

Cisco Systems

7D

-3.3%

1Y

-14.1%

Cisco Systems, Inc. (NASDAQ:CSCO) Shares Could Be 47% Below Their Intrinsic Value Estimate

Aug 05
Cisco Systems, Inc. (NASDAQ:CSCO) Shares Could Be 47% Below Their Intrinsic Value Estimate

VIAV

US$7.86

Viavi Solutions

7D

3.4%

1Y

-26.4%

Returns On Capital Signal Difficult Times Ahead For Viavi Solutions (NASDAQ:VIAV)

Aug 05
Returns On Capital Signal Difficult Times Ahead For Viavi Solutions (NASDAQ:VIAV)

HLIT

US$13.28

Harmonic

7D

-8.4%

1Y

22.4%

LITE

US$43.34

Lumentum Holdings

7D

-9.7%

1Y

-13.2%

FFIV

US$189.35

F5

7D

-3.1%

1Y

20.0%

COMM

US$2.79

CommScope Holding Company

7D

11.2%

1Y

-26.2%

CommScope Holding Company, Inc.'s (NASDAQ:COMM) Price Is Right But Growth Is Lacking After Shares Rocket 107%

Jul 31
CommScope Holding Company, Inc.'s (NASDAQ:COMM) Price Is Right But Growth Is Lacking After Shares Rocket 107%

UI

US$174.05

Ubiquiti

7D

-1.1%

1Y

3.5%

Ubiquiti: A Growth Recovery Is Finally Here

Jul 23