Over the last 7 days, the Media industry has dropped 4.5%, driven by a decline by Comcast of 4.0%. As for the longer term, the industry's performance has been flat for the past year.
Industry Valuation and Performance
Has the U.S. Media Industry valuation changed over the past few years?
Wed, 01 Dec 2021
Fri, 29 Oct 2021
Sun, 26 Sep 2021
Tue, 24 Aug 2021
Wed, 30 Jun 2021
Sat, 03 Apr 2021
Tue, 05 Jan 2021
Fri, 09 Oct 2020
Thu, 02 Jul 2020
Sun, 05 Apr 2020
Wed, 08 Jan 2020
Tue, 01 Oct 2019
Fri, 05 Jul 2019
Mon, 08 Apr 2019
Thu, 10 Jan 2019
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 13.9x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Media industry have declined 12% per year over the last three years, while revenues for these companies have grown 8.7% 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, which has decreased profits.
Which industries have driven the changes within the U.S. Media industry?
Cable and Satellite
Industry PE: Investors are most optimistic about the Cable and Satellite industry even though it's trading below its 3-year average PE ratio of 36.9x. However analysts are expecting annual earnings growth of 12%, which is lower than the prior year's growth of 71% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Broadcasting industry, which is trading below its 3-year average of 9.6x.
Forecasted Growth: Analysts are most optimistic on the Advertising industry, expecting annual earnings growth of 17% over the next 5 years. However this is lower than its past earnings growth rate of 59% per year. Meanwhile, the Broadcasting industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?