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Dec 01
U.S. Telecom Services and Carriers Industry Analysis
UpdatedDec 01, 2022
DataAggregated Company Financials
Companies65
- 7D0.5%
- 3M-1.2%
- 1Y-19.4%
- YTD-25.5%
In the last week, the Telecom Services and Carriers industry is flat overall, with Lumen Technologies standing out by going down 7.0%. As for the longer term, the industry has declined 19% in the last year. Earnings are forecast to grow by 2.8% 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, 01 Dec 2022 | US$346.0b | US$337.8b | US$43.4b | 12x | 8x | 1x |
| Sat, 29 Oct 2022 | US$334.2b | US$338.3b | US$41.5b | 11.4x | 8.1x | 1x |
| Mon, 26 Sep 2022 | US$322.9b | US$338.3b | US$41.7b | 11.5x | 7.7x | 1x |
| Wed, 24 Aug 2022 | US$363.0b | US$338.3b | US$41.7b | 13.4x | 8.7x | 1.1x |
| Fri, 22 Jul 2022 | US$386.9b | US$346.1b | US$57.7b | 10.1x | 6.7x | 1.1x |
| Sun, 19 Jun 2022 | US$395.5b | US$346.1b | US$57.7b | 10.7x | 6.9x | 1.1x |
| Tue, 17 May 2022 | US$397.9b | US$345.6b | US$57.7b | 10.6x | 6.9x | 1.2x |
| Thu, 14 Apr 2022 | US$426.1b | US$357.7b | US$61.5b | 10.3x | 6.9x | 1.2x |
| Sat, 12 Mar 2022 | US$442.3b | US$357.7b | US$61.7b | 9.5x | 7.2x | 1.2x |
| Mon, 07 Feb 2022 | US$454.3b | US$354.7b | US$57.7b | 11.2x | 7.9x | 1.3x |
| Wed, 05 Jan 2022 | US$472.0b | US$360.1b | US$38.7b | 15.5x | 12.2x | 1.3x |
| Fri, 03 Dec 2021 | US$429.9b | US$360.0b | US$38.7b | 15.6x | 11.1x | 1.2x |
| Sun, 31 Oct 2021 | US$471.9b | US$363.8b | US$36.9b | 14.8x | 12.8x | 1.3x |
| Tue, 28 Sep 2021 | US$489.2b | US$361.3b | US$31.5b | 11.3x | 15.5x | 1.4x |
| Thu, 26 Aug 2021 | US$481.0b | US$361.0b | US$31.6b | 11.3x | 15.2x | 1.3x |
| Fri, 02 Jul 2021 | US$503.0b | US$361.0b | US$31.6b | 11.6x | 15.9x | 1.4x |
| Mon, 05 Apr 2021 | US$512.1b | US$347.3b | US$13.4b | 13.4x | 38.1x | 1.5x |
| Thu, 07 Jan 2021 | US$495.0b | US$344.1b | US$8.6b | 10.8x | 57.9x | 1.4x |
| Wed, 30 Sep 2020 | US$492.5b | US$348.9b | US$27.2b | 10.6x | 18.1x | 1.4x |
| Sat, 04 Jul 2020 | US$486.5b | US$352.4b | US$30.6b | 13.4x | 15.9x | 1.4x |
| Tue, 07 Apr 2020 | US$468.6b | US$358.4b | US$32.8b | 12.1x | 14.3x | 1.3x |
| Fri, 10 Jan 2020 | US$587.2b | US$362.2b | US$25.7b | 20.5x | 22.9x | 1.6x |
Price to Earnings Ratio
24.7x
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 industry is trading at a PE ratio of 8.0x which is lower than its 3-year average PE of 19.2x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Telecom industry have grown 23% per year over the last three years.
- Meanwhile revenues for these companies have declined 2.4% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the U.S. Telecom industry?
| US Market | 1.54% | |
| Telecom | 2.51% | |
| Telecom Services and Carriers | 0.49% | |
| Integrated Telecom Services | 0.67% | |
| Alternative Carriers | -1.24% | |
Industry PE
- Investors are most optimistic about the Integrated Telecom Services industry even though it's trading below its 3-year average PE ratio of 16.8x.
- Analysts are expecting annual earnings growth of 2.1%, which is higher than its past year's earnings decline of 32.3% per year.
- Investors are most pessimistic about the Alternative Carriers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 9.7% over the next 5 years.
- This is better than its past earnings decline of 50% per year.
- In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 2.1% 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 | |
|---|---|---|---|---|---|
| T AT&T | US$19.28 | 1.0% +US$1.4b | -13.3% | PE7.9x | |
| VZ Verizon Communications | US$38.98 | 0.2% +US$252.0m | -21.7% | PE8.5x | |
| FYBR Frontier Communications Parent | US$25.77 | 3.1% +US$191.1m | -23.3% | PE13.3x | |
| RADI Radius Global Infrastructure | US$12.66 | 17.5% +US$180.1m | -21.1% | PS9.5x | |
| IRDM Iridium Communications | US$53.10 | 2.6% +US$167.1m | 42.3% | PE1830.4x |