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Sep 09
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U.S. Telecom Services and Carriers Industry Analysis
UpdatedSep 09, 2024
DataAggregated Company Financials
Companies49
- 7D1.8%
- 3M10.6%
- 1Y33.1%
- YTD13.3%
The Telecom Services and Carriers industry is up 1.8% in the last week, with AT&T up 5.4%. In the last 12 months, the industry was up 33%. Earnings are forecast to grow by 13% 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, 09 Sep 2024 | US$355.4b | US$273.8b | US$23.2b | 18.8x | 15.3x | 1.3x |
| Wed, 07 Aug 2024 | US$336.6b | US$281.3b | US$22.4b | 17.9x | 15x | 1.2x |
| Fri, 05 Jul 2024 | US$337.9b | US$281.1b | US$22.7b | 23x | 14.9x | 1.2x |
| Sun, 02 Jun 2024 | US$334.4b | US$281.1b | US$22.7b | 27.8x | 14.7x | 1.2x |
| Tue, 30 Apr 2024 | US$315.2b | US$281.7b | US$21.5b | 26.8x | 14.7x | 1.1x |
| Thu, 28 Mar 2024 | US$329.1b | US$281.7b | US$22.5b | 28.1x | 14.6x | 1.2x |
| Sat, 24 Feb 2024 | US$321.8b | US$283.8b | US$21.0b | 21.3x | 15.3x | 1.1x |
| Mon, 22 Jan 2024 | US$322.6b | US$300.0b | -US$7,365,679,584.00 | 13.9x | -43.8x | 1.1x |
| Wed, 20 Dec 2023 | US$315.0b | US$300.0b | -US$7,362,250,126.00 | 12.7x | -42.8x | 1.1x |
| Fri, 17 Nov 2023 | US$301.2b | US$300.0b | -US$7,364,015,103.00 | 8.9x | -40.9x | 1x |
| Sun, 15 Oct 2023 | US$266.0b | US$301.0b | -US$2,071,381,666.00 | 8.3x | -128.4x | 0.9x |
| Tue, 12 Sep 2023 | US$283.0b | US$301.1b | -US$2,065,985,478.00 | 10x | -137x | 0.9x |
| Thu, 10 Aug 2023 | US$276.2b | US$300.3b | -US$2,096,648,917.00 | 10.8x | -131.8x | 0.9x |
| Sat, 08 Jul 2023 | US$300.9b | US$302.2b | US$9.5b | 11.8x | 31.5x | 1x |
| Mon, 05 Jun 2023 | US$291.0b | US$302.2b | US$9.5b | 10.3x | 30.6x | 1x |
| Wed, 03 May 2023 | US$320.1b | US$303.1b | US$11.6b | 13.3x | 27.6x | 1.1x |
| Fri, 31 Mar 2023 | US$338.9b | US$303.3b | US$11.8b | 13.2x | 28.8x | 1.1x |
| Sun, 26 Feb 2023 | US$342.7b | US$303.2b | US$12.1b | 14.1x | 28.3x | 1.1x |
| Tue, 24 Jan 2023 | US$348.9b | US$337.8b | US$43.5b | 11.8x | 8x | 1x |
| Thu, 22 Dec 2022 | US$329.6b | US$337.7b | US$43.5b | 12.7x | 7.6x | 1x |
| Sat, 19 Nov 2022 | US$341.5b | US$337.8b | US$43.4b | 12x | 7.9x | 1x |
| Mon, 17 Oct 2022 | US$299.6b | US$338.2b | US$41.7b | 11.3x | 7.2x | 0.9x |
| Wed, 14 Sep 2022 | US$353.9b | US$338.3b | US$41.7b | 13.2x | 8.5x | 1x |
| Fri, 12 Aug 2022 | US$370.0b | US$338.2b | US$42.0b | 12.6x | 8.8x | 1.1x |
| Sun, 10 Jul 2022 | US$412.5b | US$346.1b | US$57.7b | 10.6x | 7.2x | 1.2x |
| Tue, 07 Jun 2022 | US$422.7b | US$346.2b | US$57.7b | 11.1x | 7.3x | 1.2x |
| Thu, 05 May 2022 | US$389.4b | US$347.7b | US$58.3b | 9.1x | 6.7x | 1.1x |
| Sat, 02 Apr 2022 | US$450.9b | US$357.7b | US$61.6b | 9.9x | 7.3x | 1.3x |
| Mon, 28 Feb 2022 | US$453.4b | US$357.9b | US$61.5b | 9.7x | 7.4x | 1.3x |
| Wed, 26 Jan 2022 | US$469.2b | US$360.1b | US$38.7b | 13.9x | 12.1x | 1.3x |
| Fri, 24 Dec 2021 | US$463.3b | US$360.1b | US$38.7b | 15.4x | 12x | 1.3x |
| Sun, 21 Nov 2021 | US$455.7b | US$362.8b | US$38.7b | 16.7x | 11.8x | 1.3x |
| Tue, 19 Oct 2021 | US$468.5b | US$364.7b | US$31.8b | 13.2x | 14.7x | 1.3x |
| Thu, 16 Sep 2021 | US$488.4b | US$361.3b | US$31.4b | 9x | 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 15.3x which is higher than its 3-year average PE of -1.5x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Telecom industry have declined 9.5% per year over the last three years,
- Revenues have also declined 8.8% 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 | -4.43% | |
| Telecom | -4.85% | |
| Telecom Services and Carriers | 1.77% | |
| Integrated Telecom Services | 2.03% | |
| Alternative Carriers | -2.45% | |
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 16.1x.
- Analysts are expecting annual earnings growth of 10.1%, which is higher than its past year's earnings decline of 23.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 55% over the next 5 years.
- This is better than its past earnings decline of 96% per year.
- In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 10% 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 | |
|---|---|---|---|---|---|
| T AT&T | US$20.97 | 5.4% +US$7.7b | 44.4% | PE12x | |
| FYBR Frontier Communications Parent | US$35.53 | 23.4% +US$1.7b | 145.9% | PS1.5x | |
| LUMN Lumen Technologies | US$5.84 | 11.2% +US$599.9m | 326.3% | PS0.4x | |
| IRDM Iridium Communications | US$27.38 | 6.1% +US$187.0m | -42.6% | PE36.7x | |
| CCOI Cogent Communications Holdings | US$73.18 | 4.6% +US$151.6m | 10.2% | PE75.7x |
