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U.S. Telecom Services and Carriers Industry Analysis
UpdatedJun 16, 2024
DataAggregated Company Financials
Companies47
- 7D-2.9%
- 3M0.8%
- 1Y7.5%
- YTD0.7%
Over the last 7 days, the Telecom Services and Carriers industry has dropped 2.9%, driven by Verizon Communications declining 3.1%. In contrast, AST SpaceMobile has gained 19%. Over the past 12 months, the industry was up 7.5%. Looking forward, earnings are forecast to grow by 11% 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 |
|---|---|---|---|---|---|---|
| Mon, 17 Jun 2024 | US$322.8b | US$281.1b | US$22.7b | 25.8x | 14.2x | 1.1x |
| Wed, 15 May 2024 | US$323.2b | US$281.0b | US$22.7b | 27.2x | 14.2x | 1.2x |
| Fri, 12 Apr 2024 | US$318.1b | US$281.7b | US$22.5b | 26.8x | 14.1x | 1.1x |
| Sun, 10 Mar 2024 | US$319.0b | US$283.8b | US$20.8b | 26.4x | 15.3x | 1.1x |
| Tue, 06 Feb 2024 | US$335.5b | US$300.3b | US$8.5b | 15x | 39.4x | 1.1x |
| Thu, 04 Jan 2024 | US$327.2b | US$300.0b | -US$7,362,416,813.00 | 12.9x | -44.4x | 1.1x |
| Sat, 02 Dec 2023 | US$315.4b | US$300.0b | -US$7,362,654,300.00 | 10.2x | -42.8x | 1.1x |
| Mon, 30 Oct 2023 | US$279.1b | US$300.5b | -US$4,695,087,490.00 | 7x | -59.4x | 0.9x |
| Wed, 27 Sep 2023 | US$280.9b | US$301.1b | -US$2,062,143,531.00 | 8.3x | -136.2x | 0.9x |
| Fri, 25 Aug 2023 | US$278.5b | US$301.1b | -US$2,059,832,730.00 | 10x | -135.2x | 0.9x |
| Sun, 23 Jul 2023 | US$286.1b | US$302.2b | US$9.5b | 12.1x | 30x | 0.9x |
| Tue, 20 Jun 2023 | US$306.0b | US$302.2b | US$9.5b | 11.7x | 32.1x | 1x |
| Thu, 18 May 2023 | US$309.2b | US$302.1b | US$9.5b | 11.4x | 32.5x | 1x |
| Sat, 15 Apr 2023 | US$346.7b | US$303.3b | US$11.8b | 13.1x | 29.4x | 1.1x |
| Mon, 13 Mar 2023 | US$325.5b | US$303.1b | US$11.9b | 13.9x | 27.2x | 1.1x |
| Wed, 08 Feb 2023 | US$354.1b | US$304.4b | US$19.4b | 13.6x | 18.3x | 1.2x |
| Fri, 06 Jan 2023 | US$355.2b | US$337.8b | US$43.5b | 11.1x | 8.2x | 1.1x |
| Sun, 04 Dec 2022 | US$340.8b | US$337.8b | US$43.4b | 12.2x | 7.8x | 1x |
| Tue, 01 Nov 2022 | US$331.8b | US$338.3b | US$41.5b | 13.5x | 8x | 1x |
| Thu, 29 Sep 2022 | US$321.4b | US$338.3b | US$41.7b | 12.3x | 7.7x | 1x |
| Sat, 27 Aug 2022 | US$361.4b | US$338.3b | US$41.7b | 13.5x | 8.7x | 1.1x |
| Mon, 25 Jul 2022 | US$369.2b | US$339.8b | US$56.1b | 10.1x | 6.6x | 1.1x |
| Wed, 22 Jun 2022 | US$407.8b | US$346.1b | US$57.7b | 10.5x | 7.1x | 1.2x |
| Fri, 20 May 2022 | US$403.2b | US$345.7b | US$57.8b | 10.9x | 7x | 1.2x |
| Sun, 17 Apr 2022 | US$425.0b | US$357.7b | US$61.5b | 10x | 6.9x | 1.2x |
| Tue, 15 Mar 2022 | US$437.1b | US$357.7b | US$61.7b | 9.5x | 7.1x | 1.2x |
| Thu, 10 Feb 2022 | US$460.7b | US$354.7b | US$57.7b | 12.9x | 8x | 1.3x |
| Sat, 08 Jan 2022 | US$479.7b | US$360.1b | US$38.7b | 15.1x | 12.4x | 1.3x |
| Mon, 06 Dec 2021 | US$446.8b | US$360.0b | US$38.7b | 15.3x | 11.5x | 1.2x |
| Wed, 03 Nov 2021 | US$471.3b | US$363.8b | US$36.9b | 15.6x | 12.8x | 1.3x |
| Fri, 01 Oct 2021 | US$481.6b | US$361.3b | US$31.5b | 11.2x | 15.3x | 1.3x |
| Sun, 29 Aug 2021 | US$482.6b | US$361.0b | US$31.6b | 11.3x | 15.3x | 1.3x |
| Mon, 05 Jul 2021 | US$503.0b | US$361.0b | US$31.6b | 11.6x | 15.9x | 1.4x |
Price to Earnings Ratio
15.9x
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 14.2x which is higher than its 3-year average PE of -1.7x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Telecom industry have declined 10% per year over the last three years,
- Revenues have also declined 8.0% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the U.S. Telecom industry?
| US Market | 1.25% | |
| Telecom | 0.69% | |
| Telecom Services and Carriers | -2.93% | |
| Alternative Carriers | -2.24% | |
| Integrated Telecom Services | -2.97% | |
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 16.5x.
- Analysts are expecting annual earnings growth of 8.6%, which is higher than its past year's earnings decline of 38.0% 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 61% per year.
- In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 8.6% 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 | |
|---|---|---|---|---|---|
| ASTS AST SpaceMobile | US$10.22 | 18.6% +US$269.6m | 72.6% | PS2946.3x | |
| IHS IHS Holding | US$3.44 | 1.5% +US$16.7m | -58.9% | PS0.6x |
