Notable companies
The most notable companies in this group are Cisco Systems (NASDAQ:CSCO), Hewlett Packard Enterprise Company (NYSE:HPE), Lumentum Holdings (NASDAQ:LITE), Nokia Corp (NYSE:NOK), Ciena Corp (NYSE:CIEN), Ericsson (NASDAQ:ERIC).
Industry description
The Telecommunications Equipment industry produces voice and data communications equipment, which includes fiber optic delivery products, digital signal processors, high-speed voice, data and video delivery. Additionally, satellite systems, global positioning systems, wireless data systems, personal communications equipment, telephone handsets and payload equipment for satellites also fall into this category. Apple Inc., QUALCOMM Incorporated and Nokia are major global players in this segment.
Market Cap
The average market capitalization across the Telecommunications Equipment Industry is 19.09B. The market cap for tickers in the group ranges from 3.88K to 419.89B. CSCO holds the highest valuation in this group at 419.89B. The lowest valued company is DZSI at 3.88K.
High and low price notable news
The average weekly price growth across all stocks in the Telecommunications Equipment Industry was -1%. For the same Industry, the average monthly price growth was -12%, and the average quarterly price growth was -16%. CLRO experienced the highest price growth at 9%, while NOK experienced the biggest fall at -11%.
Volume
The average weekly volume growth across all stocks in the Telecommunications Equipment Industry was 3%. For the same stocks of the Industry, the average monthly volume growth was 20% and the average quarterly volume growth was -25%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 44
P/E Growth Rating: 50
Price Growth Rating: 61
SMR Rating: 74
Profit Risk Rating: 78
Seasonality Score: 3 (-100 ... +100)