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May 08
U.S. Communications Equipment Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies76
- 7D5.2%
- 3M-2.5%
- 1Y17.1%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has risen 2.3%, driven by gains from Arista Networks of 6.8%. During this same period, the Lumentum Holdings underperformed, falling 5.4%. In the last 12 months, the industry was up 15%. As for the next few years, earnings are expected to grow by 8.2% per annum.
Industry Valuation and Performance
Has the U.S. Communications Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | US$325.6b | US$94.5b | US$14.2b | 27x | 23x | 3.4x |
| Sat, 06 Apr 2024 | US$394.6b | US$104.8b | US$16.3b | 34.3x | 24.3x | 3.8x |
| Mon, 04 Mar 2024 | US$397.0b | US$104.8b | US$16.4b | 32.6x | 24.3x | 3.8x |
| Wed, 31 Jan 2024 | US$352.0b | US$96.0b | US$15.1b | 23.8x | 23.4x | 3.7x |
| Fri, 29 Dec 2023 | US$331.3b | US$96.1b | US$15.1b | 24.9x | 21.9x | 3.4x |
| Sun, 26 Nov 2023 | US$312.6b | US$96.2b | US$14.9b | 23.8x | 21x | 3.2x |
| Tue, 24 Oct 2023 | US$314.1b | US$94.7b | US$14.6b | 20.5x | 21.5x | 3.3x |
| Thu, 21 Sep 2023 | US$333.1b | US$94.7b | US$14.6b | 24.1x | 22.8x | 3.5x |
| Sat, 19 Aug 2023 | US$331.1b | US$94.5b | US$14.6b | 25.6x | 22.6x | 3.5x |
| Mon, 17 Jul 2023 | US$311.3b | US$91.4b | US$13.5b | 23.8x | 23x | 3.4x |
| Wed, 14 Jun 2023 | US$316.5b | US$91.4b | US$13.5b | 20.2x | 23.4x | 3.5x |
| Fri, 12 May 2023 | US$282.2b | US$89.8b | US$13.5b | 23.6x | 21x | 3.1x |
| Sun, 09 Apr 2023 | US$315.1b | US$89.0b | US$13.2b | 26x | 23.9x | 3.5x |
| Tue, 07 Mar 2023 | US$302.1b | US$88.8b | US$13.1b | 29x | 23x | 3.4x |
| Thu, 02 Feb 2023 | US$298.3b | US$87.0b | US$13.0b | 28.6x | 22.9x | 3.4x |
| Sat, 31 Dec 2022 | US$290.3b | US$86.7b | US$13.0b | 27.9x | 22.3x | 3.3x |
| Mon, 28 Nov 2022 | US$300.3b | US$86.8b | US$13.1b | 30.8x | 22.9x | 3.5x |
| Wed, 26 Oct 2022 | US$276.9b | US$84.9b | US$13.5b | 24.7x | 20.6x | 3.3x |
| Fri, 23 Sep 2022 | US$257.9b | US$85.2b | US$13.4b | 23.3x | 19.2x | 3x |
| Sun, 21 Aug 2022 | US$305.5b | US$85.3b | US$13.7b | 23.6x | 22.4x | 3.6x |
| Tue, 19 Jul 2022 | US$265.1b | US$84.6b | US$14.0b | 22x | 19x | 3.1x |
| Thu, 16 Jun 2022 | US$264.0b | US$84.7b | US$14.0b | 21.7x | 18.9x | 3.1x |
| Sat, 14 May 2022 | US$298.1b | US$84.4b | US$13.9b | 21.7x | 21.4x | 3.5x |
| Mon, 11 Apr 2022 | US$331.0b | US$84.2b | US$14.2b | 27.5x | 23.4x | 3.9x |
| Wed, 09 Mar 2022 | US$336.7b | US$84.9b | US$14.3b | 26.6x | 23.5x | 4x |
| Fri, 04 Feb 2022 | US$364.7b | US$94.0b | US$14.4b | 26.1x | 25.3x | 3.9x |
| Sun, 02 Jan 2022 | US$419.4b | US$93.3b | US$14.1b | 27.1x | 29.6x | 4.5x |
| Tue, 30 Nov 2021 | US$371.2b | US$93.1b | US$14.0b | 28.6x | 26.5x | 4x |
| Thu, 28 Oct 2021 | US$343.3b | US$89.9b | US$12.7b | 21x | 27x | 3.8x |
| Sat, 25 Sep 2021 | US$342.2b | US$91.8b | US$12.7b | 22.6x | 26.8x | 3.7x |
| Mon, 23 Aug 2021 | US$352.1b | US$92.0b | US$12.8b | 20.5x | 27.5x | 3.8x |
| Sat, 10 Jul 2021 | US$325.5b | US$90.8b | US$12.3b | 23x | 26.5x | 3.6x |
Price to Earnings Ratio
27.1x
Current Industry PE
- Investors are relatively neutral on the American Communications Equipment 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 23.4x.
- The industry is trading close to its 3-year average PS ratio of 3.6x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have grown 5.8% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does U.S. Communications Equipment compare with similar industries?
| US Market | 3.30% | |
| Tech | 5.57% | |
| Communications | 5.16% | |
| Communications Equipment | 5.16% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ANET Arista Networks | US$291.67 | 14.3% +US$11.4b | 106.5% | PE39.9x | |
| CSCO Cisco Systems | US$48.00 | 2.5% +US$4.7b | 2.8% | PE14.5x | |
| MSI Motorola Solutions | US$359.02 | 6.9% +US$3.9b | 24.0% | PE43x | |
| CIEN Ciena | US$49.21 | 5.5% +US$373.1m | 12.8% | PE31.2x | |
| FFIV F5 | US$171.76 | 3.1% +US$301.7m | 27.0% | PE20.2x |
