U.S. Telecom Services and Carriers Industry Analysis
UpdatedOct 31, 2023
DataAggregated Company Financials
Companies70
- 7D5.9%
- 3M2.1%
- 1Y-13.8%
- YTD-17.0%
Last week, the Telecom Services and Carriers industry hasn't moved much but Verizon Communications is up 6.5% in that time. As for the longer term, the industry has declined 17% in the last year. Looking forward, earnings are forecast to grow by 18% 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, 31 Oct 2023 | US$288.3b | US$300.5b | -US$4,695,081,687.00 | 7x | -61.4x | 1x |
| Thu, 28 Sep 2023 | US$277.8b | US$301.1b | -US$2,062,137,286.00 | 8.3x | -134.7x | 0.9x |
| Sat, 26 Aug 2023 | US$278.0b | US$301.1b | -US$2,059,825,723.00 | 10.3x | -135x | 0.9x |
| Mon, 24 Jul 2023 | US$286.1b | US$302.2b | US$9.5b | 12.1x | 30x | 0.9x |
| Wed, 21 Jun 2023 | US$300.9b | US$302.2b | US$9.5b | 11.5x | 31.5x | 1x |
| Fri, 19 May 2023 | US$307.8b | US$302.1b | US$9.5b | 11.3x | 32.3x | 1x |
| Sun, 16 Apr 2023 | US$346.7b | US$303.3b | US$11.8b | 13.1x | 29.4x | 1.1x |
| Tue, 14 Mar 2023 | US$323.6b | US$303.1b | US$11.9b | 13.6x | 27.1x | 1.1x |
| Thu, 09 Feb 2023 | US$351.7b | US$303.3b | US$15.8b | 14.6x | 22.2x | 1.2x |
| Sat, 07 Jan 2023 | US$361.0b | US$337.8b | US$43.5b | 11.1x | 8.3x | 1.1x |
| Mon, 05 Dec 2022 | US$340.8b | US$337.8b | US$43.4b | 12.2x | 7.8x | 1x |
| Wed, 02 Nov 2022 | US$333.1b | US$338.3b | US$41.5b | 11.2x | 8x | 1x |
| Fri, 30 Sep 2022 | US$314.6b | US$338.3b | US$41.7b | 11.8x | 7.5x | 0.9x |
| Sun, 28 Aug 2022 | US$361.5b | US$338.3b | US$41.7b | 13.5x | 8.7x | 1.1x |
| Tue, 26 Jul 2022 | US$369.0b | US$339.8b | US$56.1b | 10.1x | 6.6x | 1.1x |
| Thu, 23 Jun 2022 | US$410.9b | US$346.1b | US$57.7b | 10.3x | 7.1x | 1.2x |
| Sat, 21 May 2022 | US$407.3b | US$345.7b | US$57.8b | 10.9x | 7x | 1.2x |
| Mon, 18 Apr 2022 | US$425.0b | US$357.7b | US$61.5b | 10x | 6.9x | 1.2x |
| Wed, 16 Mar 2022 | US$440.5b | US$357.7b | US$61.7b | 9.4x | 7.1x | 1.2x |
| Fri, 11 Feb 2022 | US$454.7b | US$354.4b | US$60.5b | 11.3x | 7.5x | 1.3x |
| Sun, 09 Jan 2022 | US$479.7b | US$360.1b | US$38.7b | 15.1x | 12.4x | 1.3x |
| Tue, 07 Dec 2021 | US$444.2b | US$360.0b | US$38.7b | 15.7x | 11.5x | 1.2x |
| Thu, 04 Nov 2021 | US$472.9b | US$364.1b | US$37.1b | 16x | 12.7x | 1.3x |
| Sat, 02 Oct 2021 | US$484.1b | US$361.3b | US$31.5b | 11.2x | 15.3x | 1.3x |
| Mon, 30 Aug 2021 | US$485.6b | US$361.0b | US$31.6b | 11.3x | 15.4x | 1.3x |
| Tue, 06 Jul 2021 | US$503.0b | US$361.0b | US$31.6b | 11.6x | 15.9x | 1.4x |
| Fri, 09 Apr 2021 | US$512.1b | US$347.3b | US$13.4b | 13.4x | 38.1x | 1.5x |
| Thu, 31 Dec 2020 | US$495.0b | US$344.1b | US$8.6b | 10.8x | 57.9x | 1.4x |
Price to Earnings Ratio
17.2x
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 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.93x.
Past Earnings Growth
- Total earnings for the Telecom industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 4.9% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the U.S. Telecom industry?
| US Market | -1.24% | |
| Telecom | -4.59% | |
| Telecom Services and Carriers | 5.86% | |
| Integrated Telecom Services | 6.41% | |
| Alternative Carriers | -0.051% | |
Industry PE
- Investors are most optimistic about the Integrated Telecom Services industry which is trading above its 3-year average PE ratio of 18.4x.
- Analysts are expecting annual earnings growth of 15.8%, which is higher than its past year's earnings decline of 14.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 39% over the next 5 years.
- However this is lower than its past earnings growth rate of 80% per year.
- In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 16% 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$34.62 | 10.3% +US$13.6b | -7.4% | PE7x | |
| T AT&T | US$15.26 | 2.1% +US$2.2b | -16.3% | PS0.9x | |
| FYBR Frontier Communications Parent | US$17.93 | 5.9% +US$245.8m | -23.4% | PE16x | |
| LUMN Lumen Technologies | US$1.49 | 14.6% +US$191.5m | -79.8% | PS0.1x | |
| GSAT Globalstar | US$1.37 | 7.9% +US$187.5m | -36.9% | PS13.3x |
