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U.S. Tech Hardware Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies64
  • 7D3.0%
  • 3M3.3%
  • 1Y31.9%
  • YTD24.9%

Over the last 7 days, the Tech Hardware industry has risen 3.0%, driven by gains from Apple of 3.2%. Meanwhile, IonQ actually underperformed within the industry, shrinking 22% in the last week. This takes the industry's 12 month performance to a gain of 32%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 04 Dec 2021US$2.9tUS$552.7bUS$106.8b13.7x
Mon, 01 Nov 2021US$2.7tUS$547.1bUS$102.6b14.6x
Wed, 29 Sep 2021US$2.6tUS$526.5bUS$93.8b19.7x
Fri, 27 Aug 2021US$2.7tUS$526.7bUS$93.7b19.7x
Sat, 03 Jul 2021US$2.5tUS$511.7bUS$91.6b25.7x
Tue, 06 Apr 2021US$2.2tUS$495.9bUS$79.8b21.8x
Fri, 08 Jan 2021US$2.4tUS$462.7bUS$66.5b21.5x
Thu, 01 Oct 2020US$2.0tUS$346.3bUS$57.0b20.8x
Sun, 05 Jul 2020US$1.6tUS$349.8bUS$60.2b12x
Wed, 08 Apr 2020US$1.2tUS$345.2bUS$59.8b10.4x
Tue, 31 Dec 2019US$1.4tUS$346.0bUS$59.9b16.1x
Fri, 04 Oct 2019US$1.1tUS$340.5bUS$57.4b16.3x
Mon, 08 Jul 2019US$990.7bUS$340.4bUS$58.5b17.6x
Sun, 31 Mar 2019US$980.7bUS$342.4bUS$60.7b15.7x
Wed, 02 Jan 2019US$852.1bUS$436.6bUS$62.3b10.6x
PE Ratio

10.6x

Total Market Cap: US$852.1bTotal Earnings: US$62.3bTotal Revenue: US$436.6b0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 12.6x which is lower than its 3-year average PE of 17.4x. It appears they believe that earnings will not grow as fast as they have historically.

Past Earnings Growth: The earnings for companies in the Tech industry have grown 20% per year over the last three years, and revenues for these companies have grown 8.2% 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 Hardware industry?

Tech Hardware Storage and Peripherals2.96%

Industry PE: Investors are most optimistic about the Tech Hardware Storage and Peripherals industry even though it's trading below its 3-year average PE ratio of 17.4x. However analysts are expecting annual earnings growth of 0.8%, which is lower than the prior year's growth of 57% per year. So the market might believe that analysts are underestimating future growth.

Forecasted Growth: Analysts are most optimistic on the Tech Hardware Storage and Peripherals industry, expecting annual earnings growth of 0.8% over the next 5 years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
AAPL Apple3.2%+US$82.5b32.4%PE28x
HPQ HP8.6%+US$3.4b57.9%PE6.7x
DELL Dell Technologies4.1%+US$1.8b-18.9%PE6.6x
STX Seagate Technology Holdings6.9%+US$1.5b64.5%PE14.5x
HPE Hewlett Packard Enterprise5.1%+US$968.0m22.9%PE5.8x
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NTAP

US$90.05

NetApp

7D

2.0%

1Y

50.1%

HPQ

US$37.55

HP

7D

8.6%

1Y

57.9%

DDD

US$21.23

3D Systems

7D

-6.3%

1Y

103.0%

SSYS

US$24.22

Stratasys

7D

-10.3%

1Y

34.4%