U.S. Telecom Services and Carriers Industry Analysis
UpdatedSep 28, 2023
DataAggregated Company Financials
Companies70
- 7D-4.0%
- 3M-10.6%
- 1Y-14.2%
- YTD-20.0%
Over the last 7 days, the Telecom Services and Carriers industry has dropped 4.0%, driven by declines in Verizon Communications and AT&T of 3.6% and 4.4%, respectively. Meanwhile, IHS Holding actually outperformed within the industry, gaining 20% in the last week. However, the industry is down 14% over the past year. Looking forward, earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the U.S. Telecom Services and Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 28 Sep 2023 | US$277.8b | US$301.1b | -US$2,062,137,286.00 | 8.3x | -134.7x | 0.9x |
| Sat, 26 Aug 2023 | US$278.0b | US$301.1b | -US$2,059,825,723.00 | 10.3x | -135x | 0.9x |
| Mon, 24 Jul 2023 | US$286.1b | US$302.2b | US$9.5b | 12.1x | 30x | 0.9x |
| Wed, 21 Jun 2023 | US$300.9b | US$302.2b | US$9.5b | 11.5x | 31.5x | 1x |
| Fri, 19 May 2023 | US$307.8b | US$302.1b | US$9.5b | 11.3x | 32.3x | 1x |
| Sun, 16 Apr 2023 | US$346.7b | US$303.3b | US$11.8b | 13.1x | 29.4x | 1.1x |
| Tue, 14 Mar 2023 | US$323.6b | US$303.1b | US$11.9b | 13.6x | 27.1x | 1.1x |
| Thu, 09 Feb 2023 | US$351.7b | US$303.3b | US$15.8b | 14.6x | 22.2x | 1.2x |
| Sat, 07 Jan 2023 | US$361.0b | US$337.8b | US$43.5b | 11.1x | 8.3x | 1.1x |
| Mon, 05 Dec 2022 | US$340.8b | US$337.8b | US$43.4b | 12.2x | 7.8x | 1x |
| Wed, 02 Nov 2022 | US$333.1b | US$338.3b | US$41.5b | 11.2x | 8x | 1x |
| Fri, 30 Sep 2022 | US$314.6b | US$338.3b | US$41.7b | 11.8x | 7.5x | 0.9x |
| Sun, 28 Aug 2022 | US$361.5b | US$338.3b | US$41.7b | 13.5x | 8.7x | 1.1x |
| Tue, 26 Jul 2022 | US$369.0b | US$339.8b | US$56.1b | 10.1x | 6.6x | 1.1x |
| Thu, 23 Jun 2022 | US$410.9b | US$346.1b | US$57.7b | 10.3x | 7.1x | 1.2x |
| Sat, 21 May 2022 | US$407.3b | US$345.7b | US$57.8b | 10.9x | 7x | 1.2x |
| Mon, 18 Apr 2022 | US$425.0b | US$357.7b | US$61.5b | 10x | 6.9x | 1.2x |
| Wed, 16 Mar 2022 | US$440.5b | US$357.7b | US$61.7b | 9.4x | 7.1x | 1.2x |
| Fri, 11 Feb 2022 | US$454.7b | US$354.4b | US$60.5b | 11.3x | 7.5x | 1.3x |
| Sun, 09 Jan 2022 | US$479.7b | US$360.1b | US$38.7b | 15.1x | 12.4x | 1.3x |
| Tue, 07 Dec 2021 | US$444.2b | US$360.0b | US$38.7b | 15.7x | 11.5x | 1.2x |
| Thu, 04 Nov 2021 | US$472.9b | US$364.1b | US$37.1b | 16x | 12.7x | 1.3x |
| Sat, 02 Oct 2021 | US$484.1b | US$361.3b | US$31.5b | 11.2x | 15.3x | 1.3x |
| Mon, 30 Aug 2021 | US$485.6b | US$361.0b | US$31.6b | 11.3x | 15.4x | 1.3x |
| Tue, 06 Jul 2021 | US$503.0b | US$361.0b | US$31.6b | 11.6x | 15.9x | 1.4x |
| Fri, 09 Apr 2021 | US$512.1b | US$347.3b | US$13.4b | 13.4x | 38.1x | 1.5x |
| Thu, 31 Dec 2020 | US$495.0b | US$344.1b | US$8.6b | 10.8x | 57.9x | 1.4x |
| Sun, 04 Oct 2020 | US$492.5b | US$348.9b | US$27.2b | 10.6x | 18.1x | 1.4x |
Price to Earnings Ratio
18.1x
Current Industry PE
- Investors are pessimistic on the American Telecom industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.92x.
Past Earnings Growth
- Total earnings for the Telecom industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 4.8% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the U.S. Telecom industry?
| US Market | -2.67% | |
| Telecom | -1.94% | |
| Telecom Services and Carriers | -4.02% | |
| Integrated Telecom Services | -3.73% | |
| Alternative Carriers | -6.79% | |
Industry PE
- Investors are most optimistic about the Integrated Telecom Services industry which is trading above its 3-year average PE ratio of 18.1x.
- Analysts are expecting annual earnings growth of 16.3%, which is higher than its past year's earnings decline of 14.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 42% over the next 5 years.
- However this is lower than its past earnings growth rate of 80% per year.
- In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 16% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IHS IHS Holding | US$5.74 | 20.1% +US$320.8m | -5.7% | PS0.9x | |
| OOMA Ooma | US$13.16 | 4.2% +US$13.6m | 1.7% | PS1.5x | |
| ATEX Anterix | US$31.69 | 1.7% +US$9.9m | -12.3% | PS275.4x | |
| SIFY Sify Technologies | US$1.88 | 1.1% +US$3.7m | 7.4% | PE57.4x | |
| CRGE Charge Enterprises | US$0.54 | 1.8% +US$2.1m | -69.0% | PS0.2x |
