Have your own idea? Try our Stock Screener
U.S. Alternative Carriers Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies28
- 7D-3.6%
- 3M-15.3%
- 1Y27.8%
- YTDn/a
Over the last 7 days, the Alternative Carriers industry has dropped 10%, driven by Lumen Technologies declining 15%. Meanwhile, Liberty Global actually outperformed within the industry, gaining 12% in the last week. Over the past 12 months, the industry was up 28%. Earnings are forecast to grow by 50% annually.
Industry Valuation and Performance
Has the U.S. Alternative Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | US$25.2b | US$15.4b | -US$4,980,831,247.35 | 76.7x | -5.1x | 1.6x |
| Sat, 19 Oct 2024 | US$30.5b | US$15.3b | -US$2,236,878,712.76 | 87.9x | -13.6x | 2x |
| Mon, 16 Sep 2024 | US$27.8b | US$15.3b | -US$2,262,969,960.27 | 75.4x | -12.3x | 1.8x |
| Wed, 14 Aug 2024 | US$24.2b | US$15.3b | -US$2,225,192,357.38 | 74.5x | -10.9x | 1.6x |
| Fri, 12 Jul 2024 | US$21.6b | US$15.2b | -US$1,804,730,456.84 | 115.7x | -12x | 1.4x |
| Sun, 09 Jun 2024 | US$20.3b | US$15.2b | -US$1,779,777,726.85 | 109.4x | -11.4x | 1.3x |
| Tue, 07 May 2024 | US$19.5b | US$15.7b | -US$1,793,923,341.29 | 70.6x | -10.9x | 1.2x |
| Thu, 04 Apr 2024 | US$18.8b | US$15.6b | -US$3,034,493,990.91 | 79.9x | -6.2x | 1.2x |
| Sat, 02 Mar 2024 | US$20.9b | US$15.7b | -US$3,012,479,623.73 | 236x | -7x | 1.3x |
| Mon, 29 Jan 2024 | US$25.6b | US$32.0b | -US$15,453,228,277.00 | 13.3x | -1.7x | 0.8x |
| Wed, 27 Dec 2023 | US$26.5b | US$32.0b | -US$15,448,936,120.00 | 13.3x | -1.7x | 0.8x |
| Fri, 24 Nov 2023 | US$23.2b | US$32.0b | -US$15,448,998,082.00 | 9.9x | -1.5x | 0.7x |
| Sun, 22 Oct 2023 | US$23.5b | US$32.8b | -US$13,168,090,050.00 | 7.8x | -1.8x | 0.7x |
| Tue, 19 Sep 2023 | US$27.6b | US$32.8b | -US$13,163,137,798.00 | 9.7x | -2.1x | 0.8x |
| Thu, 17 Aug 2023 | US$27.3b | US$32.8b | -US$13,163,205,739.00 | 10.3x | -2.1x | 0.8x |
| Sat, 15 Jul 2023 | US$26.0b | US$33.1b | -US$3,283,741,510.00 | 37x | -7.9x | 0.8x |
| Mon, 12 Jun 2023 | US$25.8b | US$33.1b | -US$3,311,109,256.00 | 21.4x | -7.8x | 0.8x |
| Wed, 10 May 2023 | US$26.6b | US$33.0b | -US$1,584,133,302.00 | 14.2x | -16.8x | 0.8x |
| Fri, 07 Apr 2023 | US$27.1b | US$34.0b | -US$1,335,367,380.00 | 18.6x | -20.3x | 0.8x |
| Sun, 05 Mar 2023 | US$29.4b | US$34.0b | -US$1,340,435,281.00 | 20.8x | -21.9x | 0.9x |
| Tue, 31 Jan 2023 | US$31.8b | US$35.2b | US$6.6b | 29.6x | 4.8x | 0.9x |
| Thu, 29 Dec 2022 | US$28.1b | US$35.1b | US$6.6b | 17.8x | 4.3x | 0.8x |
| Sat, 26 Nov 2022 | US$32.0b | US$35.1b | US$6.6b | 23.1x | 4.9x | 0.9x |
| Mon, 24 Oct 2022 | US$30.5b | US$35.7b | US$4.6b | 24.4x | 6.6x | 0.9x |
| Wed, 21 Sep 2022 | US$32.8b | US$35.6b | US$4.6b | 13.3x | 7.1x | 0.9x |
| Fri, 19 Aug 2022 | US$39.4b | US$35.6b | US$4.6b | 16.1x | 8.5x | 1.1x |
| Sun, 17 Jul 2022 | US$36.2b | US$37.0b | US$14.5b | 11.7x | 2.5x | 1x |
| Tue, 14 Jun 2022 | US$35.6b | US$37.0b | US$14.5b | 19.6x | 2.5x | 1x |
| Thu, 12 May 2022 | US$35.4b | US$36.5b | US$14.6b | 20.2x | 2.4x | 1x |
| Sat, 09 Apr 2022 | US$41.7b | US$38.4b | US$14.8b | 21.5x | 2.8x | 1.1x |
| Mon, 07 Mar 2022 | US$38.6b | US$38.4b | US$14.8b | 22.3x | 2.6x | 1x |
| Wed, 02 Feb 2022 | US$43.6b | US$40.3b | US$11.1b | 17.9x | 3.9x | 1.1x |
| Fri, 31 Dec 2021 | US$46.2b | US$40.3b | US$11.1b | 19.1x | 4.2x | 1.1x |
| Sun, 28 Nov 2021 | US$47.5b | US$40.3b | US$11.1b | 19x | 4.3x | 1.2x |
Price to Earnings Ratio
4.3x
Current Industry PE
- Investors are optimistic on the American Alternative Carriers industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- Total earnings for the Alternative Carriers industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 27% per year, which is driving profits down.
Industry Comparison
How does U.S. Alternative Carriers compare with similar industries?
| US Market | -1.04% | |
| Telecom | -0.51% | |
| Telecom Services and Carriers | 1.96% | |
| Alternative Carriers | -3.60% | |
| Integrated Telecom Services | 2.38% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LBTY.A Liberty Global | US$13.27 | 11.5% +US$489.8m | -16.2% | PS0.6x | |
| CCOI Cogent Communications Holdings | US$81.40 | 3.5% +US$130.9m | 23.4% | PE98x | |
| LILA Liberty Latin America | US$7.07 | 7.3% +US$94.4m | 3.5% | PS0.3x |