U.S. Telecom Services and Carriers Industry Analysis
UpdatedMay 12, 2024
DataAggregated Company Financials
Companies47
- 7D2.8%
- 3M-0.2%
- 1Y3.3%
- YTD0.5%
Over the last 7 days, the Telecom Services and Carriers industry has risen 2.8%, driven by gains from Verizon Communications of 3.9%. Meanwhile, Cogent Communications Holdings actually underperformed within the industry, shrinking 5.5% in the last week. In the last 12 months, the industry was up 3.3%. 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 |
|---|---|---|---|---|---|---|
| Sun, 12 May 2024 | US$322.1b | US$281.0b | US$22.7b | 26.7x | 14.2x | 1.1x |
| Tue, 09 Apr 2024 | US$329.6b | US$281.7b | US$22.5b | 27.6x | 14.6x | 1.2x |
| Thu, 07 Mar 2024 | US$322.3b | US$283.8b | US$20.8b | 26.6x | 15.5x | 1.1x |
| Sat, 03 Feb 2024 | US$342.2b | US$300.5b | US$8.4b | 14.2x | 40.9x | 1.1x |
| Mon, 01 Jan 2024 | US$319.2b | US$300.0b | -US$7,362,413,150.00 | 15x | -43.3x | 1.1x |
| Wed, 29 Nov 2023 | US$308.6b | US$300.0b | -US$7,362,663,815.00 | 10.1x | -41.9x | 1x |
| Fri, 27 Oct 2023 | US$286.1b | US$300.5b | -US$4,695,083,063.00 | 7x | -60.9x | 1x |
| Sun, 24 Sep 2023 | US$284.5b | US$301.1b | -US$2,062,125,049.00 | 8.3x | -138x | 0.9x |
| Tue, 22 Aug 2023 | US$277.4b | US$301.0b | -US$2,059,798,946.00 | 9.6x | -134.7x | 0.9x |
| Thu, 20 Jul 2023 | US$284.9b | US$302.2b | US$9.5b | 12.2x | 29.8x | 0.9x |
| Sat, 17 Jun 2023 | US$305.9b | US$302.2b | US$9.5b | 11.7x | 32.1x | 1x |
| Mon, 15 May 2023 | US$317.5b | US$302.1b | US$9.5b | 11.3x | 33.3x | 1.1x |
| Wed, 12 Apr 2023 | US$346.5b | US$303.3b | US$11.8b | 13.3x | 29.4x | 1.1x |
| Fri, 10 Mar 2023 | US$325.3b | US$303.1b | US$12.0b | 14.3x | 27.2x | 1.1x |
| Sun, 05 Feb 2023 | US$363.1b | US$304.4b | US$19.4b | 14x | 18.7x | 1.2x |
| Tue, 03 Jan 2023 | US$338.3b | US$337.8b | US$43.5b | 11.1x | 7.8x | 1x |
| 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 |
Price to Earnings Ratio
36.9x
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 -1.2x.
- 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 grown 19% per year over the last three years.
- Meanwhile revenues for these companies have declined 6.6% 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 | 1.58% | |
| Telecom | 1.66% | |
| Telecom Services and Carriers | 2.82% | |
| Integrated Telecom Services | 3.11% | |
| Alternative Carriers | -1.54% | |
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 17.0x.
- Analysts are expecting annual earnings growth of 8.5%, which is higher than its past year's earnings decline of 33.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 46% 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 8.5% 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 | |
|---|---|---|---|---|---|
| VZ Verizon Communications | US$40.40 | 3.9% +US$6.4b | 7.5% | PE15x | |
| T AT&T | US$17.17 | 1.9% +US$2.3b | 0.8% | PE9.2x | |
| SHEN Shenandoah Telecommunications | US$16.90 | 25.5% +US$187.1m | -12.5% | PE287.4x | |
| FYBR Frontier Communications Parent | US$26.00 | 1.5% +US$94.4m | 39.7% | PE239.3x | |
| BAND Bandwidth | US$21.61 | 12.2% +US$64.0m | 93.3% | PS0.9x |