HealthStream, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Apr 24
U.S. Healthtech Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies68
- 7D1.0%
- 3M-7.4%
- 1Y-7.4%
- YTDn/a
In the last week, Healthtech has been flat. Unfortunately though, the industry is down 7.4% over the past 12 months. Earnings are forecast to grow by 27% 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, 25 Apr 2024 | US$57.9b | US$12.7b | -US$1,618,344,679.00 | 45.4x | -35.8x | 4.6x |
| Sat, 23 Mar 2024 | US$64.4b | US$14.3b | -US$1,519,989,316.00 | 50.1x | -42.4x | 4.5x |
| Mon, 19 Feb 2024 | US$65.1b | US$13.8b | -US$5,663,248,794.00 | 62.3x | -11.5x | 4.7x |
| Wed, 17 Jan 2024 | US$74.0b | US$18.3b | -US$5,780,492,665.00 | 58.9x | -12.8x | 4x |
| Fri, 15 Dec 2023 | US$67.2b | US$18.3b | -US$5,781,192,665.00 | 58.3x | -11.6x | 3.7x |
| Sun, 12 Nov 2023 | US$62.5b | US$18.2b | -US$5,939,811,037.00 | 49.1x | -10.5x | 3.4x |
| Tue, 10 Oct 2023 | US$71.3b | US$18.0b | -US$5,559,240,965.00 | 53x | -12.8x | 4x |
| Thu, 07 Sep 2023 | US$76.2b | US$18.0b | -US$5,525,678,389.00 | 51.8x | -13.8x | 4.2x |
| Sat, 05 Aug 2023 | US$77.2b | US$17.9b | -US$5,602,320,123.00 | 58.3x | -13.8x | 4.3x |
| Mon, 03 Jul 2023 | US$76.7b | US$17.7b | -US$8,580,509,261.00 | 62.4x | -8.9x | 4.3x |
| Wed, 31 May 2023 | US$68.4b | US$17.7b | -US$8,626,049,209.00 | 56.5x | -7.9x | 3.9x |
| Fri, 28 Apr 2023 | US$72.6b | US$17.5b | -US$8,373,305,855.00 | 58.3x | -8.7x | 4.2x |
| Sun, 26 Mar 2023 | US$71.9b | US$17.7b | -US$15,395,662,854.00 | 54.4x | -4.7x | 4.1x |
| Tue, 21 Feb 2023 | US$73.0b | US$17.6b | -US$10,825,346,563.00 | 54.6x | -6.7x | 4.2x |
| Thu, 19 Jan 2023 | US$69.7b | US$17.5b | -US$10,803,491,310.00 | 44.4x | -6.5x | 4x |
| Sat, 17 Dec 2022 | US$70.8b | US$17.5b | -US$10,605,192,310.00 | 49x | -6.7x | 4x |
| Mon, 14 Nov 2022 | US$75.3b | US$17.4b | -US$10,658,188,624.00 | 48.8x | -7.1x | 4.3x |
| Wed, 12 Oct 2022 | US$68.0b | US$17.1b | -US$10,593,627,342.00 | 30.1x | -6.4x | 4x |
| Fri, 09 Sep 2022 | US$77.9b | US$17.1b | -US$10,593,627,342.00 | 34.1x | -7.4x | 4.6x |
| Sun, 07 Aug 2022 | US$90.8b | US$17.5b | -US$10,891,860,318.00 | 36.9x | -8.3x | 5.2x |
| Tue, 05 Jul 2022 | US$117.7b | US$23.2b | -US$7,415,282,621.00 | 50.3x | -15.9x | 5.1x |
| Thu, 02 Jun 2022 | US$114.7b | US$23.2b | -US$7,359,237,621.00 | 49.4x | -15.6x | 5x |
| Sat, 30 Apr 2022 | US$125.9b | US$24.0b | -US$7,305,478,627.00 | 66.5x | -17.2x | 5.2x |
| Mon, 28 Mar 2022 | US$146.4b | US$24.7b | -US$926,229,625.00 | 79.9x | -158.1x | 5.9x |
| Wed, 23 Feb 2022 | US$148.4b | US$24.0b | -US$1,507,028,558.00 | 77.1x | -98.5x | 6.2x |
| Fri, 21 Jan 2022 | US$150.7b | US$23.7b | -US$1,729,195,532.00 | 86.4x | -87.2x | 6.4x |
| Sun, 19 Dec 2021 | US$168.7b | US$23.3b | -US$1,592,653,848.00 | 98.6x | -105.9x | 7.2x |
| Tue, 16 Nov 2021 | US$196.1b | US$23.0b | -US$1,114,127,157.00 | 113.9x | -176x | 8.5x |
| Thu, 14 Oct 2021 | US$190.8b | US$22.1b | -US$1,254,921,150.00 | 93.4x | -152.1x | 8.6x |
| Sat, 11 Sep 2021 | US$194.1b | US$21.9b | -US$1,313,886,449.04 | 90.5x | -147.7x | 8.8x |
| Mon, 09 Aug 2021 | US$186.6b | US$21.9b | -US$1,229,889,348.31 | 103.5x | -151.7x | 8.5x |
| Sun, 02 May 2021 | US$170.8b | US$20.3b | -US$1,351,563,571.31 | 93.6x | -126.4x | 8.4x |
Price to Earnings Ratio
-126.4x
Current Industry PE
- Investors are pessimistic on the American Health Care Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 5.4x is higher than the industry's current PS ratio of 4.6x.
Past Earnings Growth
- The earnings for companies in the Health Care Technology industry have deteriorated over the last three years.
- Revenues have also declined 14% per year.
- This means overall sales from these companies are declining and losses are subsequently expanding as well.
Industry Comparison
How does U.S. Healthtech compare with similar industries?
| US Market | 1.23% | |
| Healthcare | 1.76% | |
| Healthtech | 1.00% | |
| Healthtech | 1.00% | |
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 | |
|---|---|---|---|---|---|
| VEEV Veeva Systems | US$200.52 | 0.7% +US$259.7m | 13.3% | PE61.6x | |
| GDRX GoodRx Holdings | US$6.96 | 7.1% +US$172.5m | 43.2% | PS3.5x | |
| TDOC Teladoc Health | US$13.73 | 4.5% +US$99.9m | -46.7% | PS0.9x | |
| LFMD LifeMD | US$11.16 | 13.1% +US$52.1m | 617.7% | PS3x | |
| HSTM HealthStream | US$25.92 | 5.9% +US$43.9m | 2.7% | PE44.1x |
