Over the last 7 days, the Professional Services industry has dropped 3.0%, driven by a pullback from CoStar Group of 3.1%. This takes the industry's 12 month performance to a gain of 16%.
Has the U.S. Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 01 Dec 2021 | US$363.1b | US$154.0b | US$7.4b | 23.2x |
| Fri, 29 Oct 2021 | US$362.7b | US$150.9b | US$7.4b | 24.4x |
| Sun, 26 Sep 2021 | US$359.1b | US$148.7b | US$7.1b | 25.7x |
| Tue, 24 Aug 2021 | US$350.1b | US$149.2b | US$7.1b | 25.2x |
| Wed, 30 Jun 2021 | US$340.7b | US$147.7b | US$7.2b | 23.4x |
| Sat, 03 Apr 2021 | US$308.1b | US$141.6b | US$6.0b | 27.5x |
| Tue, 05 Jan 2021 | US$304.6b | US$135.6b | US$5.2b | 23.7x |
| Fri, 09 Oct 2020 | US$258.3b | US$133.1b | US$5.0b | 20.3x |
| Thu, 02 Jul 2020 | US$242.7b | US$138.2b | US$4.6b | 19.4x |
| Sun, 05 Apr 2020 | US$199.8b | US$136.8b | US$5.1b | 19.1x |
| Wed, 08 Jan 2020 | US$236.7b | US$135.6b | US$4.6b | 20.4x |
| Tue, 01 Oct 2019 | US$225.9b | US$136.4b | US$4.3b | 18.3x |
| Fri, 05 Jul 2019 | US$215.7b | US$134.0b | US$4.8b | 20.1x |
| Mon, 08 Apr 2019 | US$190.3b | US$131.1b | US$4.7b | 20.1x |
| Thu, 10 Jan 2019 | US$157.0b | US$129.2b | US$5.3b | 18.1x |
21.1x
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 21.7x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Professional Services industry have grown 3.7% per year over the last three years, and revenues for these companies have grown 6.8% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the U.S. Professional Services industry?
| Research and Consulting Services | -2.59% | |
| HR Services | -4.41% | |
Industry PE: Investors are most optimistic about the Research and Consulting Services industry which is trading above its 3-year average PE ratio of 25.9x. However analysts expect its future annual earnings growth (28%) to be largely in line with prior year's earnings growth, so the market might believe analysts are underestimating its future growth since investors are willing to pay a bigger premium today. Meanwhile, investors are most pessimistic about the HR Services industry, which is trading close to its 3-year average of 18.3x.
Forecasted Growth: Analysts are most optimistic on the HR Services industry, expecting annual earnings growth of 31% over the next 5 years. However this is lower than its past earnings growth rate of 39% per year. Meanwhile, the Research and Consulting Services industry is expected to see its earnings grow by 28% per year over the next few years.
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| DNB Dun & Bradstreet Holdings | 4.1%+US$323.4m | -29.7% | PS4x | |
| JOBS 51job | 7.9%+US$285.9m | -21.5% | PE32.8x | |
| ALIT Alight | 1.1%+US$50.2m | n/a | PB1112.3x | |
| BKSY BlackSky Technology | 5.2%+US$47.6m | -16.1% | PS33.2x | |
| CLVT Clarivate | 0.2%+US$32.0m | -16.4% | PS8.4x |
