Here's What Analysts Are Forecasting For Phreesia, Inc. (NYSE:PHR) After Its Second-Quarter Results
Sep 06
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U.S. Healthtech Industry Analysis
UpdatedSep 06, 2024
DataAggregated Company Financials
Companies65
- 7D-1.1%
- 3M11.4%
- 1Y-5.6%
- YTD0.4%
Over the last 7 days, the Healthtech industry has dropped 1.1%, driven by a pullback from Evolent Health of 4.6%. Overall the industry is down 5.6% in 12 months. Earnings are forecast to grow by 31% 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 |
|---|---|---|---|---|---|---|
| Fri, 06 Sep 2024 | US$65.3b | US$14.0b | -US$3,301,808,821.00 | 56.2x | -19.8x | 4.7x |
| Sun, 04 Aug 2024 | US$57.8b | US$13.7b | -US$3,169,950,669.00 | 51.8x | -18.2x | 4.2x |
| Tue, 02 Jul 2024 | US$56.7b | US$13.7b | -US$1,909,009,047.00 | 47x | -29.7x | 4.1x |
| Thu, 30 May 2024 | US$57.8b | US$12.7b | -US$1,885,422,856.00 | 46.1x | -30.7x | 4.5x |
| Sat, 27 Apr 2024 | US$57.2b | US$12.7b | -US$1,631,005,679.00 | 46.2x | -35.1x | 4.5x |
| Mon, 25 Mar 2024 | US$64.4b | US$14.3b | -US$1,502,658,316.00 | 50.1x | -42.9x | 4.5x |
| Wed, 21 Feb 2024 | US$64.3b | US$13.8b | -US$5,661,107,794.00 | 54x | -11.4x | 4.7x |
| Fri, 19 Jan 2024 | US$72.3b | US$18.3b | -US$5,780,316,752.00 | 58.1x | -12.5x | 3.9x |
| Sun, 17 Dec 2023 | US$68.9b | US$18.3b | -US$5,781,192,665.00 | 56.7x | -11.9x | 3.8x |
| Tue, 14 Nov 2023 | US$62.3b | US$18.2b | -US$5,939,477,037.00 | 49.4x | -10.5x | 3.4x |
| Thu, 12 Oct 2023 | US$72.3b | US$18.0b | -US$5,559,240,965.00 | 53x | -13x | 4x |
| Sat, 09 Sep 2023 | US$75.2b | US$18.0b | -US$5,515,729,389.00 | 53.9x | -13.6x | 4.2x |
| Mon, 07 Aug 2023 | US$77.2b | US$17.9b | -US$5,602,320,123.00 | 58.3x | -13.8x | 4.3x |
| Wed, 05 Jul 2023 | US$76.3b | US$17.7b | -US$8,580,469,318.00 | 62.1x | -8.9x | 4.3x |
| Fri, 02 Jun 2023 | US$74.8b | US$17.7b | -US$8,580,932,209.00 | 60.7x | -8.7x | 4.2x |
| Sun, 30 Apr 2023 | US$73.5b | US$17.5b | -US$8,375,483,855.00 | 59.2x | -8.8x | 4.2x |
| Tue, 28 Mar 2023 | US$72.3b | US$17.7b | -US$15,395,662,854.00 | 55x | -4.7x | 4.1x |
| Thu, 23 Feb 2023 | US$72.2b | US$17.6b | -US$10,822,510,563.00 | 53.2x | -6.7x | 4.1x |
| Sat, 21 Jan 2023 | US$70.0b | US$17.5b | -US$10,803,491,310.00 | 45.1x | -6.5x | 4x |
| Mon, 19 Dec 2022 | US$70.8b | US$17.5b | -US$10,605,192,310.00 | 49x | -6.7x | 4x |
| Wed, 16 Nov 2022 | US$74.8b | US$17.4b | -US$10,658,586,753.00 | 45.8x | -7x | 4.3x |
| Fri, 14 Oct 2022 | US$66.4b | US$17.1b | -US$10,593,627,342.00 | 27.9x | -6.3x | 3.9x |
| Sun, 11 Sep 2022 | US$79.1b | US$17.1b | -US$10,593,627,342.00 | 34x | -7.5x | 4.6x |
| Tue, 09 Aug 2022 | US$91.9b | US$17.5b | -US$10,892,568,024.00 | 38.7x | -8.4x | 5.3x |
| Thu, 07 Jul 2022 | US$120.1b | US$23.2b | -US$7,415,282,621.00 | 51.6x | -16.2x | 5.2x |
| Sat, 04 Jun 2022 | US$119.0b | US$23.2b | -US$7,414,957,621.00 | 51.2x | -16x | 5.1x |
| Mon, 02 May 2022 | US$125.9b | US$24.0b | -US$7,305,478,627.00 | 66.5x | -17.2x | 5.2x |
| Wed, 30 Mar 2022 | US$143.2b | US$23.6b | -US$890,206,532.00 | 77.4x | -160.9x | 6.1x |
| Fri, 25 Feb 2022 | US$152.3b | US$24.2b | -US$1,090,709,558.00 | 79.6x | -139.6x | 6.3x |
| Sun, 23 Jan 2022 | US$148.3b | US$23.7b | -US$1,729,195,532.00 | 82.5x | -85.8x | 6.3x |
| Tue, 21 Dec 2021 | US$166.9b | US$23.3b | -US$1,592,653,848.00 | 97.4x | -104.8x | 7.2x |
| Thu, 18 Nov 2021 | US$194.5b | US$23.0b | -US$1,111,568,010.00 | 113.9x | -175x | 8.5x |
| Sat, 16 Oct 2021 | US$193.7b | US$22.1b | -US$1,254,921,150.00 | 91.2x | -154.3x | 8.8x |
| Mon, 13 Sep 2021 | US$192.3b | US$21.9b | -US$1,313,886,449.04 | 91.5x | -146.4x | 8.8x |
Price to Earnings Ratio
-146.4x
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 4.9x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services 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 Trends
Which industries have driven the changes within the U.S. Healthcare industry?
| US Market | -2.71% | |
| Healthcare | -1.82% | |
| Healthtech | -1.12% | |
| Healthtech | -1.12% | |
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 | |
|---|---|---|---|---|---|
| TDOC Teladoc Health | US$7.67 | 7.0% +US$85.6m | -65.6% | PS0.5x | |
| GDRX GoodRx Holdings | US$7.99 | 1.1% +US$34.2m | 29.3% | PS3.9x | |
| HCAT Health Catalyst | US$7.38 | 2.6% +US$11.5m | -36.7% | PS1.5x | |
| MPLN MultiPlan | US$0.25 | 6.4% +US$9.7m | -86.6% | PS0.2x | |
| SOPH SOPHiA GENETICS | US$3.97 | 3.4% +US$8.6m | 59.4% | PS4x |
