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U.S. Alternative Carriers Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies25
  • 7D5.4%
  • 3M22.4%
  • 1Y4.8%
  • YTDn/a

The Alternative Carriers industry is up 5.4% in the last week, with AST SpaceMobile up 34%. This means that the industry has gained 4.8% over the past year. Looking forward, earnings are forecast to grow by 36% annually.

Industry Valuation and Performance

Has the U.S. Alternative Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024US$22.6bUS$15.2b-US$1,743,684,729.4237.2x-13x1.5x
Sun, 23 Jun 2024US$19.6bUS$15.2b-US$1,779,778,000.12109.4x-11x1.3x
Tue, 21 May 2024US$20.0bUS$15.2b-US$1,779,775,849.15109.6x-11.3x1.3x
Thu, 18 Apr 2024US$18.0bUS$15.6b-US$3,035,253,625.8980.3x-5.9x1.2x
Sat, 16 Mar 2024US$19.1bUS$15.6b-US$3,012,313,014.2480.6x-6.4x1.2x
Mon, 12 Feb 2024US$22.7bUS$15.4b-US$4,174,016,626.0146.6x-5.4x1.5x
Wed, 10 Jan 2024US$26.4bUS$32.0b-US$15,448,933,081.0012.9x-1.7x0.8x
Fri, 08 Dec 2023US$23.9bUS$32.0b-US$15,449,002,699.0010.9x-1.5x0.7x
Sun, 05 Nov 2023US$23.5bUS$32.2b-US$15,321,693,935.0011.6x-1.5x0.7x
Tue, 03 Oct 2023US$25.6bUS$32.8b-US$13,163,138,015.008.9x-1.9x0.8x
Thu, 31 Aug 2023US$27.5bUS$32.8b-US$13,163,103,163.0011.2x-2.1x0.8x
Sat, 29 Jul 2023US$24.3bUS$33.2b-US$5,758,494,445.0014x-4.2x0.7x
Mon, 26 Jun 2023US$25.3bUS$33.1b-US$3,283,733,964.0026.7x-7.7x0.8x
Wed, 24 May 2023US$25.6bUS$33.1b-US$3,311,032,804.0020.9x-7.7x0.8x
Fri, 21 Apr 2023US$26.8bUS$34.1b-US$1,325,858,953.0017.3x-20.2x0.8x
Sun, 19 Mar 2023US$27.0bUS$34.0b-US$1,330,727,166.0019.7x-20.3x0.8x
Tue, 14 Feb 2023US$30.2bUS$34.1bUS$3.0b28.5x10x0.9x
Thu, 12 Jan 2023US$32.3bUS$35.1bUS$6.6b27.9x4.9x0.9x
Sat, 10 Dec 2022US$29.5bUS$35.1bUS$6.6b21.1x4.5x0.8x
Mon, 07 Nov 2022US$31.0bUS$35.0bUS$6.6b24.8x4.7x0.9x
Wed, 05 Oct 2022US$32.2bUS$35.6bUS$4.6b12.8x6.9x0.9x
Fri, 02 Sep 2022US$37.2bUS$35.6bUS$4.6b14.7x8x1x
Sun, 31 Jul 2022US$37.4bUS$37.1bUS$14.5b12.2x2.6x1x
Tue, 28 Jun 2022US$38.1bUS$37.0bUS$14.5b12.5x2.6x1x
Thu, 26 May 2022US$39.1bUS$36.5bUS$14.6b21.9x2.7x1.1x
Sat, 23 Apr 2022US$39.2bUS$38.4bUS$14.8b26.4x2.6x1x
Mon, 21 Mar 2022US$41.4bUS$38.4bUS$14.8b22.2x2.8x1.1x
Wed, 16 Feb 2022US$41.9bUS$40.0bUS$13.9b17x3x1x
Fri, 14 Jan 2022US$44.3bUS$40.3bUS$11.1b18.5x4x1.1x
Sun, 12 Dec 2021US$45.6bUS$40.3bUS$11.1b18.7x4.1x1.1x
Tue, 09 Nov 2021US$51.5bUS$40.5bUS$11.0b21.7x4.7x1.3x
Thu, 07 Oct 2021US$50.5bUS$41.4bUS$9.4b16.3x5.4x1.2x
Sat, 04 Sep 2021US$48.1bUS$39.2bUS$9.3b16.1x5.2x1.2x
Mon, 02 Aug 2021US$45.7bUS$39.2bUS$9.3b14.4x4.9x1.2x
Price to Earnings Ratio

4.9x


Total Market Cap: US$45.7bTotal Earnings: US$9.3bTotal Revenue: US$39.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Alternative Carriers Industry Price to Earnings3Y Average -1.2x202220232024
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 1.00x is lower than the industry's current PS ratio of 1.5x.
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-2.42%
Telecom-4.44%
Telecom Services and Carriers-2.13%
Alternative Carriers5.40%
Integrated Telecom Services-2.62%
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?

CompanyLast Price7D1YValuation
ASTS AST SpaceMobileUS$16.6434.4%
+US$656.1m
324.5%PS5036.8x
LUMN Lumen TechnologiesUS$1.6420.6%
+US$284.2m
-4.1%PS0.1x
IRDM Iridium CommunicationsUS$27.805.8%
+US$101.1m
-46.9%PE37.2x
CCOI Cogent Communications HoldingsUS$66.562.0%
+US$62.6m
8.7%PE2.6x
GSAT GlobalstarUS$1.232.5%
+US$56.5m
17.1%PS10.5x
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Latest News

SIFY

US$0.43

Sify Technologies

7D

-8.3%

1Y

-79.5%

IRDM

US$27.80

Iridium Communications

7D

5.8%

1Y

-46.9%

ASTS

US$16.64

AST SpaceMobile

7D

34.4%

1Y

324.5%

CCOI

US$66.56

Cogent Communications Holdings

7D

2.0%

1Y

8.7%

BAND

US$21.77

Bandwidth

7D

6.5%

1Y

58.1%

LUMN

US$1.64

Lumen Technologies

7D

20.6%

1Y

-4.1%

LBTY.A

US$18.79

Liberty Global

7D

-0.8%

1Y

1.3%

ATEX

US$39.88

Anterix

7D

-2.0%

1Y

42.0%

GSAT

US$1.23

Globalstar

7D

2.5%

1Y

17.1%