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U.S. Telecom Sector Analysis
UpdatedJun 30, 2024
DataAggregated Company Financials
Companies435
- 7D1.2%
- 3M8.9%
- 1Y39.2%
- YTD25.0%
In the last week, the Telecom industry is up 1.2%, with Alphabet up 1.4%. In the last 12 months, the industry was up 39%. Earnings are forecast to grow by 15% annually.
Sector Valuation and Performance
Has the U.S. Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 30 Jun 2024 | US$5.5t | US$1.5t | US$191.3b | 16x | 28.8x | 3.6x |
| Tue, 28 May 2024 | US$5.3t | US$1.5t | US$191.3b | 17.3x | 27.7x | 3.5x |
| Thu, 25 Apr 2024 | US$5.1t | US$1.5t | US$176.7b | 17.9x | 28.8x | 3.4x |
| Sat, 23 Mar 2024 | US$5.1t | US$1.5t | US$175.9b | 18x | 28.9x | 3.4x |
| Mon, 19 Feb 2024 | US$4.8t | US$1.5t | US$174.0b | 16x | 27.7x | 3.2x |
| Wed, 17 Jan 2024 | US$4.7t | US$1.5t | US$128.1b | 15.4x | 36.7x | 3.1x |
| Fri, 15 Dec 2023 | US$4.5t | US$1.5t | US$128.1b | 16.9x | 35x | 2.9x |
| Sun, 12 Nov 2023 | US$4.3t | US$1.5t | US$125.7b | 13.1x | 34.4x | 2.9x |
| Tue, 10 Oct 2023 | US$4.4t | US$1.5t | US$104.7b | 14.3x | 41.8x | 2.9x |
| Thu, 07 Sep 2023 | US$4.3t | US$1.5t | US$104.4b | 14.5x | 41.2x | 2.9x |
| Sat, 05 Aug 2023 | US$4.3t | US$1.5t | US$103.3b | 14.9x | 41.5x | 2.9x |
| Mon, 03 Jul 2023 | US$4.1t | US$1.5t | US$106.9b | 17.1x | 38.7x | 2.8x |
| Wed, 31 May 2023 | US$4.0t | US$1.5t | US$107.1b | 15.5x | 37.4x | 2.7x |
| Fri, 28 Apr 2023 | US$3.8t | US$1.5t | US$112.0b | 16.5x | 34.1x | 2.6x |
| Sun, 26 Mar 2023 | US$3.7t | US$1.5t | US$115.3b | 16.3x | 32.3x | 2.5x |
| Tue, 21 Feb 2023 | US$3.6t | US$1.5t | US$121.7b | 20x | 29.4x | 2.4x |
| Thu, 19 Jan 2023 | US$3.4t | US$1.5t | US$166.4b | 17.6x | 20.3x | 2.2x |
| Sat, 17 Dec 2022 | US$3.2t | US$1.5t | US$166.5b | 15.4x | 19.1x | 2.1x |
| Mon, 14 Nov 2022 | US$3.3t | US$1.5t | US$163.4b | 18.5x | 20.2x | 2.2x |
| Wed, 12 Oct 2022 | US$3.3t | US$1.5t | US$187.6b | 15x | 17.3x | 2.2x |
| Fri, 09 Sep 2022 | US$3.7t | US$1.5t | US$187.7b | 15.6x | 19.5x | 2.5x |
| Sun, 07 Aug 2022 | US$3.9t | US$1.5t | US$190.7b | 16.5x | 20.4x | 2.6x |
| Tue, 05 Jul 2022 | US$3.7t | US$1.5t | US$214.3b | 17.2x | 17.4x | 2.6x |
| Thu, 02 Jun 2022 | US$4.6t | US$1.5t | US$216.6b | 17.7x | 21.2x | 3.1x |
| Sat, 30 Apr 2022 | US$4.0t | US$1.5t | US$217.8b | 18.4x | 18.3x | 2.7x |
| Mon, 28 Mar 2022 | US$4.8t | US$1.4t | US$225.0b | 19.1x | 21.2x | 3.3x |
| Wed, 23 Feb 2022 | US$4.6t | US$1.4t | US$225.4b | 16.9x | 20.3x | 3.2x |
| Fri, 21 Jan 2022 | US$5.1t | US$1.4t | US$194.7b | 19.6x | 26.4x | 3.7x |
| Sun, 19 Dec 2021 | US$5.4t | US$1.4t | US$194.6b | 20x | 27.8x | 3.9x |
| Tue, 16 Nov 2021 | US$5.9t | US$1.4t | US$199.5b | 23.1x | 29.5x | 4.2x |
| Thu, 14 Oct 2021 | US$9.0t | US$1.3t | US$179.6b | 23.8x | 50.2x | 6.7x |
| Sat, 11 Sep 2021 | US$6.0t | US$1.3t | US$177.9b | 19.1x | 33.5x | 4.4x |
| Mon, 09 Aug 2021 | US$5.8t | US$1.3t | US$179.8b | 26.6x | 32.4x | 4.3x |
Price to Earnings Ratio
32.9x
Current Industry PE
- Investors are relatively neutral on the American Communication Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 28.5x.
- The 3-year average PS ratio of 3.1x is lower than the industry's current PS ratio of 3.6x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 3.2% per year over the last three years.
- Revenues for these companies have grown 4.4% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Telecom sector?
| US Market | 0.074% | |
| Telecom | 1.24% | |
| Telecom Services and Carriers | 3.31% | |
| Interactive Media and Services | 1.62% | |
| Media | 1.51% | |
| Wireless Telecom | 0.059% | |
| Entertainment | -0.97% | |
Industry PE
- Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 29.3%, which is higher than its past year's earnings growth of 23.3% per year.
- Investors are most pessimistic about the Telecom Services and Carriers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 29% over the next 5 years.
- This is better than its past earnings growth rate of 23% per year.
- In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| GOOGL Alphabet | US$182.15 | 1.4% +US$31.1b | 52.2% | PE27.3x | |
| META Meta Platforms | US$504.22 | 1.9% +US$23.9b | 75.7% | PE28x | |
| T AT&T | US$19.11 | 3.9% +US$5.1b | 19.8% | PE10.2x | |
| VZ Verizon Communications | US$41.24 | 2.5% +US$4.2b | 10.9% | PE15.4x | |
| NTES NetEase | US$95.58 | 6.5% +US$3.8b | -1.1% | PE14.8x |
