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Jul 01
U.S. Telecom Services and Carriers Industry Analysis
UpdatedJul 02, 2024
DataAggregated Company Financials
Companies46
- 7D1.8%
- 3M3.1%
- 1Y12.5%
- YTD6.8%
In the last week, the Telecom Services and Carriers industry is up 1.8%, with Verizon Communications leading the way, up 1.4%. During this same period, the IHS Holding underperformed, falling 12%. This means that the industry has gained 13% over the past year. 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 |
|---|---|---|---|---|---|---|
| Tue, 02 Jul 2024 | US$341.5b | US$281.1b | US$22.7b | 23x | 15.1x | 1.2x |
| Thu, 30 May 2024 | US$318.8b | US$281.1b | US$22.7b | 26.8x | 14.1x | 1.1x |
| Sat, 27 Apr 2024 | US$315.1b | US$281.7b | US$21.5b | 26.8x | 14.7x | 1.1x |
| Mon, 25 Mar 2024 | US$319.1b | US$281.7b | US$22.5b | 26.3x | 14.2x | 1.1x |
| Wed, 21 Feb 2024 | US$322.5b | US$283.8b | US$21.0b | 21.7x | 15.3x | 1.1x |
| Fri, 19 Jan 2024 | US$319.3b | US$300.0b | -US$7,365,680,283.00 | 15.6x | -43.4x | 1.1x |
| Sun, 17 Dec 2023 | US$313.4b | US$300.0b | -US$7,362,237,819.00 | 12.4x | -42.6x | 1x |
| Tue, 14 Nov 2023 | US$296.0b | US$300.0b | -US$7,139,911,208.00 | 8.8x | -41.5x | 1x |
| Thu, 12 Oct 2023 | US$273.1b | US$301.1b | -US$2,062,111,796.00 | 8.3x | -132.4x | 0.9x |
| Sat, 09 Sep 2023 | US$283.6b | US$301.1b | -US$2,065,980,829.00 | 9.9x | -137.3x | 0.9x |
| Mon, 07 Aug 2023 | US$272.9b | US$300.5b | -US$2,508,115,252.00 | 11.7x | -108.8x | 0.9x |
| Wed, 05 Jul 2023 | US$310.5b | US$302.2b | US$9.5b | 12.3x | 32.5x | 1x |
| Fri, 02 Jun 2023 | US$299.1b | US$302.2b | US$9.5b | 10.3x | 31.4x | 1x |
| Sun, 30 Apr 2023 | US$330.0b | US$303.1b | US$11.5b | 13.3x | 28.6x | 1.1x |
| Tue, 28 Mar 2023 | US$333.3b | US$303.1b | US$12.0b | 13.1x | 27.9x | 1.1x |
| Thu, 23 Feb 2023 | US$347.1b | US$303.4b | US$16.5b | 14.3x | 21.1x | 1.1x |
| Sat, 21 Jan 2023 | US$351.4b | US$337.8b | US$43.5b | 11.8x | 8.1x | 1x |
| Mon, 19 Dec 2022 | US$328.7b | US$337.7b | US$43.4b | 12.1x | 7.6x | 1x |
| Wed, 16 Nov 2022 | US$339.6b | US$337.6b | US$43.5b | 13.3x | 7.8x | 1x |
| Fri, 14 Oct 2022 | US$302.7b | US$338.2b | US$41.7b | 11.5x | 7.3x | 0.9x |
| Sun, 11 Sep 2022 | US$348.4b | US$338.3b | US$41.7b | 13.6x | 8.4x | 1x |
| Tue, 09 Aug 2022 | US$368.3b | US$338.3b | US$46.3b | 10.3x | 8x | 1.1x |
| Thu, 07 Jul 2022 | US$419.5b | US$346.1b | US$57.7b | 9.9x | 7.3x | 1.2x |
| Sat, 04 Jun 2022 | US$469.6b | US$364.4b | US$60.1b | 13.9x | 7.8x | 1.3x |
| Mon, 02 May 2022 | US$381.1b | US$347.7b | US$58.3b | 9x | 6.5x | 1.1x |
| Wed, 30 Mar 2022 | US$443.6b | US$357.7b | US$61.6b | 9x | 7.2x | 1.2x |
| Fri, 25 Feb 2022 | US$440.8b | US$357.8b | US$61.5b | 9.5x | 7.2x | 1.2x |
| Sun, 23 Jan 2022 | US$471.7b | US$360.1b | US$38.7b | 13.9x | 12.2x | 1.3x |
| Tue, 21 Dec 2021 | US$457.3b | US$360.0b | US$38.7b | 15x | 11.8x | 1.3x |
| Thu, 18 Nov 2021 | US$466.6b | US$362.8b | US$38.7b | 17.1x | 12x | 1.3x |
| Sat, 16 Oct 2021 | US$464.5b | US$363.2b | US$31.7b | 12.1x | 14.7x | 1.3x |
| Mon, 13 Sep 2021 | US$490.9b | US$361.3b | US$31.4b | 9.4x | 15.6x | 1.4x |
| Wed, 11 Aug 2021 | US$494.5b | US$361.0b | US$31.6b | 11.5x | 15.7x | 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 15.1x which is higher than its 3-year average PE of -2.0x.
- 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 | 0.45% | |
| Telecom | 1.16% | |
| Telecom Services and Carriers | 1.79% | |
| Alternative Carriers | 4.58% | |
| Integrated Telecom Services | 1.61% | |
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 16.4x.
- Analysts are expecting annual earnings growth of 8.8%, 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 8.8% 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$41.74 | 1.4% +US$2.4b | 12.0% | PE15.5x | |
| T AT&T | US$18.98 | 1.8% +US$2.4b | 17.7% | PE10.1x | |
| FYBR Frontier Communications Parent | US$26.06 | 4.1% +US$256.0m | 42.9% | PE239.9x | |
| IRDM Iridium Communications | US$26.56 | 5.9% +US$179.7m | -56.8% | PE127.5x | |
| ATEX Anterix | US$39.29 | 31.0% +US$173.9m | 23.8% | PS174.1x |
