Analysts Are Updating Their Verizon Communications Inc. (NYSE:VZ) Estimates After Its Second-Quarter Results
Jul 24
U.S. Telecom Services and Carriers Industry Analysis
UpdatedJul 25, 2024
DataAggregated Company Financials
Companies46
- 7D-3.1%
- 3M8.3%
- 1Y19.9%
- YTD5.2%
Over the last 7 days, the Telecom Services and Carriers industry has dropped 3.1%, driven by a pullback from Verizon Communications of 5.6%. In contrast, Lumen Technologies has gained 13%. Over the past 12 months, the industry was up 20%. 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 |
|---|---|---|---|---|---|---|
| Thu, 25 Jul 2024 | US$327.9b | US$281.3b | US$22.7b | 21.1x | 14.5x | 1.2x |
| Sat, 22 Jun 2024 | US$328.6b | US$281.1b | US$22.7b | 25.3x | 14.5x | 1.2x |
| Mon, 20 May 2024 | US$323.8b | US$281.1b | US$22.7b | 27.3x | 14.3x | 1.2x |
| Wed, 17 Apr 2024 | US$312.6b | US$281.7b | US$22.5b | 26.8x | 13.9x | 1.1x |
| Fri, 15 Mar 2024 | US$321.4b | US$281.7b | US$22.6b | 26.5x | 14.2x | 1.1x |
| Sun, 11 Feb 2024 | US$320.4b | US$283.7b | US$19.8b | 18x | 16.2x | 1.1x |
| Tue, 09 Jan 2024 | US$333.3b | US$300.0b | -US$7,362,402,093.00 | 13.3x | -45.3x | 1.1x |
| Thu, 07 Dec 2023 | US$319.4b | US$300.0b | -US$7,360,911,399.00 | 10.6x | -43.4x | 1.1x |
| Sat, 04 Nov 2023 | US$301.1b | US$300.1b | -US$6,946,147,469.00 | 9.4x | -43.4x | 1x |
| Mon, 02 Oct 2023 | US$279.2b | US$301.1b | -US$2,062,134,076.00 | 8.8x | -135.4x | 0.9x |
| Wed, 30 Aug 2023 | US$289.9b | US$301.1b | -US$2,059,827,016.00 | 10.4x | -140.7x | 1x |
| Fri, 28 Jul 2023 | US$286.5b | US$301.4b | US$6.6b | 11.4x | 43.2x | 1x |
| Sun, 25 Jun 2023 | US$296.4b | US$302.2b | US$9.5b | 10.8x | 31.1x | 1x |
| Tue, 23 May 2023 | US$305.8b | US$302.1b | US$9.5b | 10.5x | 32.1x | 1x |
| Thu, 20 Apr 2023 | US$342.2b | US$303.3b | US$11.8b | 12.9x | 29x | 1.1x |
| Sat, 18 Mar 2023 | US$323.3b | US$303.1b | US$12.0b | 13.5x | 27x | 1.1x |
| Mon, 13 Feb 2023 | US$348.3b | US$303.3b | US$15.8b | 14.5x | 22x | 1.1x |
| Wed, 11 Jan 2023 | US$360.1b | US$337.8b | US$43.5b | 11.8x | 8.3x | 1.1x |
| Fri, 09 Dec 2022 | US$334.7b | US$337.7b | US$43.4b | 12.4x | 7.7x | 1x |
| Sun, 06 Nov 2022 | US$329.2b | US$337.5b | US$43.4b | 10.7x | 7.6x | 1x |
| Tue, 04 Oct 2022 | US$321.0b | US$338.3b | US$41.7b | 12.2x | 7.7x | 0.9x |
| Thu, 01 Sep 2022 | US$351.1b | US$338.3b | US$41.7b | 13.1x | 8.4x | 1x |
| Sat, 30 Jul 2022 | US$381.0b | US$339.8b | US$56.1b | 10.2x | 6.8x | 1.1x |
| Mon, 27 Jun 2022 | US$417.6b | US$346.1b | US$57.7b | 10.1x | 7.2x | 1.2x |
| Wed, 25 May 2022 | US$418.6b | US$345.7b | US$57.8b | 9.9x | 7.2x | 1.2x |
| Fri, 22 Apr 2022 | US$433.3b | US$352.8b | US$61.5b | 9.4x | 7x | 1.2x |
| Sun, 20 Mar 2022 | US$436.1b | US$357.7b | US$61.6b | 9.1x | 7.1x | 1.2x |
| Tue, 15 Feb 2022 | US$452.4b | US$354.4b | US$60.5b | 11x | 7.5x | 1.3x |
| Thu, 13 Jan 2022 | US$476.6b | US$360.1b | US$38.7b | 14.5x | 12.3x | 1.3x |
| Sat, 11 Dec 2021 | US$437.3b | US$360.0b | US$38.7b | 15.3x | 11.3x | 1.2x |
| Mon, 08 Nov 2021 | US$469.8b | US$362.8b | US$38.6b | 16x | 12.2x | 1.3x |
| Wed, 06 Oct 2021 | US$489.0b | US$363.2b | US$31.7b | 13x | 15.4x | 1.3x |
| Fri, 03 Sep 2021 | US$491.2b | US$361.0b | US$31.6b | 11.5x | 15.6x | 1.4x |
| Sun, 01 Aug 2021 | US$493.3b | US$361.0b | US$31.6b | 11.6x | 15.6x | 1.4x |
Price to Earnings Ratio
15.6x
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 14.5x which is higher than its 3-year average PE of -1.6x.
- 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 | -2.91% | |
| Telecom | -3.11% | |
| Telecom Services and Carriers | -3.07% | |
| Alternative Carriers | -2.49% | |
| Integrated Telecom Services | -3.11% | |
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 16.3x.
- Analysts are expecting annual earnings growth of 8.8%, which is higher than its past year's earnings decline of 26.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 37% over the next 5 years.
- 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 | |
|---|---|---|---|---|---|
| LUMN Lumen Technologies | US$1.52 | 13.4% +US$182.7m | -16.0% | PS0.1x | |
| IHS IHS Holding | US$2.90 | 1.8% +US$16.7m | -65.8% | PS0.5x | |
| ASTS AST SpaceMobile | US$13.36 | -0.3% US$6.3m | 239.1% | PS4044x | |
| NXPL NextPlat | US$1.19 | 3.0% +US$657.1k | -55.5% | PS0.4x |
