Streamline Health Solutions, Inc. (NASDAQ:STRM) Stock Catapults 39% Though Its Price And Business Still Lag The Industry
Nov 19
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U.S. Healthtech Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies68
- 7D-10.1%
- 3M1.8%
- 1Y7.1%
- YTD-1.2%
Over the last 7 days, the Healthtech industry has dropped 10%, driven by a pullback from Veeva Systems of 10.0%. In the past year, the industry has gained 7.1%. Looking forward, earnings are forecast to grow by 30% annually.
Industry Valuation and Performance
Has the U.S. Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | US$63.7b | US$12.8b | -US$1,712,768,248.00 | 55.2x | -37.2x | 5x |
| Sat, 19 Oct 2024 | US$65.5b | US$13.9b | -US$3,264,548,151.00 | 54.3x | -20.1x | 4.7x |
| Mon, 16 Sep 2024 | US$66.2b | US$14.0b | -US$3,302,096,821.00 | 55.8x | -20x | 4.7x |
| Wed, 14 Aug 2024 | US$58.0b | US$13.9b | -US$3,386,098,571.00 | 51x | -17.1x | 4.2x |
| Fri, 12 Jul 2024 | US$55.9b | US$13.7b | -US$1,860,692,542.00 | 51.3x | -30x | 4.1x |
| Sun, 09 Jun 2024 | US$58.4b | US$13.7b | -US$1,889,950,216.00 | 47.3x | -30.9x | 4.3x |
| Tue, 07 May 2024 | US$58.3b | US$12.7b | -US$1,488,470,679.00 | 46.6x | -39.2x | 4.6x |
| Thu, 04 Apr 2024 | US$61.1b | US$12.7b | -US$1,616,370,745.00 | 52.9x | -37.8x | 4.8x |
| Sat, 02 Mar 2024 | US$64.1b | US$14.1b | -US$1,440,992,794.00 | 50.8x | -44.5x | 4.5x |
| Mon, 29 Jan 2024 | US$73.4b | US$18.3b | -US$5,780,316,752.00 | 59.3x | -12.7x | 4x |
| Wed, 27 Dec 2023 | US$72.1b | US$18.3b | -US$5,781,192,665.00 | 60.5x | -12.5x | 3.9x |
| Fri, 24 Nov 2023 | US$65.2b | US$18.2b | -US$5,952,254,939.00 | 52.5x | -11x | 3.6x |
| Sun, 22 Oct 2023 | US$68.3b | US$18.0b | -US$5,559,240,965.00 | 52.9x | -12.3x | 3.8x |
| Tue, 19 Sep 2023 | US$71.1b | US$18.0b | -US$5,514,972,389.00 | 51.6x | -12.9x | 3.9x |
| Thu, 17 Aug 2023 | US$71.1b | US$17.9b | -US$5,552,073,447.00 | 54.3x | -12.8x | 4x |
| Sat, 15 Jul 2023 | US$80.2b | US$17.7b | -US$8,580,548,318.00 | 62.8x | -9.3x | 4.5x |
| Mon, 12 Jun 2023 | US$72.9b | US$17.7b | -US$8,580,932,209.00 | 59.7x | -8.5x | 4.1x |
| Wed, 10 May 2023 | US$70.7b | US$17.6b | -US$8,609,005,925.00 | 57.5x | -8.2x | 4x |
| Fri, 07 Apr 2023 | US$72.3b | US$17.4b | -US$14,932,147,445.00 | 55.5x | -4.8x | 4.1x |
| Sun, 05 Mar 2023 | US$75.0b | US$17.7b | -US$15,417,568,105.00 | 56.7x | -4.9x | 4.2x |
| Tue, 31 Jan 2023 | US$72.2b | US$17.5b | -US$10,800,869,310.00 | 47.8x | -6.7x | 4.1x |
| Thu, 29 Dec 2022 | US$67.0b | US$35.5b | -US$8,691,192,310.00 | 33.1x | -7.7x | 1.9x |
| Sat, 26 Nov 2022 | US$72.0b | US$17.4b | -US$10,605,197,310.00 | 44.2x | -6.8x | 4.1x |
| Mon, 24 Oct 2022 | US$65.6b | US$17.1b | -US$10,593,627,342.00 | 28x | -6.2x | 3.8x |
| Wed, 21 Sep 2022 | US$73.3b | US$17.1b | -US$10,593,627,342.00 | 31.2x | -6.9x | 4.3x |
| Fri, 19 Aug 2022 | US$86.3b | US$17.0b | -US$10,450,720,342.00 | 34.8x | -8.3x | 5.1x |
| Sun, 17 Jul 2022 | US$92.2b | US$17.4b | -US$7,974,433,542.00 | 62.6x | -11.6x | 5.3x |
| Tue, 14 Jun 2022 | US$109.3b | US$23.2b | -US$7,415,282,621.00 | 47.6x | -14.7x | 4.7x |
| Thu, 12 May 2022 | US$103.4b | US$22.8b | -US$7,304,730,846.00 | 48.9x | -14.1x | 4.5x |
| Sat, 09 Apr 2022 | US$137.2b | US$23.4b | -US$644,404,428.00 | 70.9x | -212.9x | 5.9x |
| Mon, 07 Mar 2022 | US$134.8b | US$23.6b | -US$573,336,298.00 | 78.4x | -235.2x | 5.7x |
| Wed, 02 Feb 2022 | US$156.6b | US$23.7b | -US$1,721,872,995.00 | 95.6x | -90.9x | 6.6x |
| Fri, 31 Dec 2021 | US$170.6b | US$23.3b | -US$1,605,286,566.00 | 101.4x | -106.3x | 7.3x |
| Sun, 28 Nov 2021 | US$175.6b | US$23.0b | -US$1,126,772,240.00 | 104.7x | -155.9x | 7.6x |
Price to Earnings Ratio
-155.9x
Current Industry PE
- Investors are relatively neutral on the American Healthcare 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 PS ratio of 4.6x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have deteriorated over the last three years.
- Revenues have also declined 18% per year.
- This means overall sales from these companies are declining and losses are subsequently expanding as well.
Industry Trends
Which industries have driven the changes within the U.S. Healthcare industry?
| US Market | -1.19% | |
| Healthcare | -4.83% | |
| Healthtech | -10.09% | |
| Healthtech | -10.09% | |
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 | |
|---|---|---|---|---|---|
| WAY Waystar Holding | US$31.23 | 1.3% +US$71.4m | n/a | PS5.9x | |
| TBRG TruBridge | US$16.38 | 3.7% +US$8.5m | 48.9% | PS0.7x | |
| PTHL Pheton Holdings | US$4.55 | 7.8% +US$4.7m | n/a | PS113.3x | |
| STRM Streamline Health Solutions | US$3.40 | 42.9% +US$4.1m | -19.4% | PS0.7x | |
| CCLD CareCloud | US$2.80 | 6.9% +US$2.9m | 171.8% | PS0.4x |
