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U.S. Healthcare Services Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
  • 7D-1.5%
  • 3M0.5%
  • 1Y19.1%
  • YTD12.0%

Over the last 7 days, the Healthcare Services industry has dropped 1.5%, and Cigna contributed the most with a 4.0% decline. Meanwhile, Guardant Health actually outperformed within the industry, gaining 9.6% in the last week. This takes the industry's 12 month performance to a gain of 19%.

Industry Valuation and Performance

Has the U.S. Healthcare Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sun, 28 Nov 2021US$1.1tUS$1.4tUS$50.1b21.5x
Tue, 26 Oct 2021US$1.1tUS$1.4tUS$48.9b20.2x
Thu, 23 Sep 2021US$1.1tUS$1.4tUS$46.2b22x
Sat, 21 Aug 2021US$1.1tUS$1.4tUS$46.5b20.9x
Sat, 05 Jun 2021US$1.1tUS$1.6tUS$48.8b20.6x
Tue, 09 Mar 2021US$934.0bUS$1.6tUS$45.3b20.5x
Mon, 30 Nov 2020US$913.6bUS$1.5tUS$49.7b19.4x
Thu, 03 Sep 2020US$854.4bUS$1.7tUS$44.4b19.9x
Sun, 07 Jun 2020US$840.0bUS$1.7tUS$36.3b22.4x
Sat, 29 Feb 2020US$742.4bUS$1.6tUS$34.6b20.7x
Tue, 03 Dec 2019US$805.0bUS$1.6tUS$29.9b21.9x
Fri, 06 Sep 2019US$688.6bUS$1.5tUS$36.8b17.9x
Mon, 10 Jun 2019US$677.7bUS$1.4tUS$28.3b18.2x
Sun, 03 Mar 2019US$719.9bUS$1.4tUS$25.7b22.2x
Wed, 05 Dec 2018US$791.4bUS$1.3tUS$33.0b19.7x
PE Ratio


Total Market Cap: US$791.4bTotal Earnings: US$33.0bTotal Revenue: US$1.3t0%0%0%3 Year10 Year

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 20.3x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Healthcare industry have grown 15% per year over the last three years, and revenues for these companies have grown 2.7% 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. Healthcare Services industry?

Managed Healthcare-0.44%
Healthcare Distributors-2.29%
Healthcare Services-3.06%
Healthcare Facilities-3.91%

Industry PE: Investors are most optimistic about the Managed Healthcare industry which is trading above its 3-year average PE ratio of 19.1x. This is likely because analysts are expecting annual earnings growth of 13%, which is higher than its past year's earnings growth of 1.8% per year. Meanwhile, investors are most pessimistic about the Healthcare Facilities industry, which is trading below its 3-year average of 19.8x.

Forecasted Growth: Analysts are most optimistic on the Managed Healthcare industry, expecting annual earnings growth of 13% over the next 5 years. This is better than it's past earnings growth rate of 1.8% per year. Meanwhile, the Healthcare Services industry is expected to see its earnings grow by 8.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

GH Guardant Health9.6%+US$949.5m-9.9%PS31.6x
DGX Quest Diagnostics4.4%+US$798.6m24.2%PE8.7x
LH Laboratory Corporation of America Holdings2.1%+US$572.3m44.7%PE10x
CNC Centene1.2%+US$519.3m17.0%PE58.6x
MCK McKesson0.3%+US$108.4m23.1%PS0.1x
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