U.S. Professional Services Industry Analysis
UpdatedMay 31, 2024
DataAggregated Company Financials
Companies147
- 7D-3.4%
- 3M-5.1%
- 1Y5.9%
- YTD0.08%
In the last week, the Professional Services industry is down 3.4% with Automatic Data Processing down the most at 1.6%. In the past year, the industry has gained 5.9%. As for the next few years, earnings are expected to grow by 19% per annum.
Industry Valuation and Performance
Has the U.S. Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 31 May 2024 | US$490.5b | US$238.7b | US$12.5b | 25x | 39.4x | 2.1x |
| Sun, 28 Apr 2024 | US$497.8b | US$241.3b | US$11.8b | 26x | 42.1x | 2.1x |
| Tue, 26 Mar 2024 | US$504.2b | US$232.9b | US$11.4b | 26.5x | 44.1x | 2.2x |
| Thu, 22 Feb 2024 | US$507.5b | US$232.7b | US$12.7b | 27x | 39.9x | 2.2x |
| Sat, 20 Jan 2024 | US$502.8b | US$237.0b | US$12.8b | 26x | 39.2x | 2.1x |
| Mon, 18 Dec 2023 | US$500.8b | US$237.0b | US$12.7b | 25.7x | 39.4x | 2.1x |
| Wed, 15 Nov 2023 | US$464.2b | US$236.5b | US$12.2b | 25.9x | 38.2x | 2x |
| Fri, 13 Oct 2023 | US$502.0b | US$239.1b | US$9.6b | 23.2x | 52.5x | 2.1x |
| Sun, 10 Sep 2023 | US$492.9b | US$234.3b | US$9.3b | 22.3x | 52.9x | 2.1x |
| Tue, 08 Aug 2023 | US$502.8b | US$233.8b | US$9.1b | 23.2x | 55.4x | 2.2x |
| Thu, 06 Jul 2023 | US$454.4b | US$229.7b | US$9.1b | 21.8x | 49.8x | 2x |
| Sat, 03 Jun 2023 | US$472.7b | US$231.8b | US$9.5b | 21.9x | 49.9x | 2x |
| Mon, 01 May 2023 | US$462.7b | US$228.7b | US$10.5b | 21.8x | 44x | 2x |
| Wed, 29 Mar 2023 | US$449.7b | US$227.9b | US$10.7b | 23.4x | 42.2x | 2x |
| Fri, 24 Feb 2023 | US$258.7b | US$163.7b | US$2.9b | 21.2x | 89.8x | 1.6x |
| Sun, 22 Jan 2023 | US$260.9b | US$161.9b | US$3.5b | 20.6x | 74.5x | 1.6x |
| Tue, 20 Dec 2022 | US$248.6b | US$161.1b | US$3.4b | 20.2x | 72.1x | 1.5x |
| Thu, 17 Nov 2022 | US$261.9b | US$160.5b | US$4.0b | 19.4x | 66.3x | 1.6x |
| Sat, 15 Oct 2022 | US$231.6b | US$153.4b | US$8.3b | 16.8x | 28.1x | 1.5x |
| Mon, 12 Sep 2022 | US$259.1b | US$153.3b | US$8.2b | 18x | 31.4x | 1.7x |
| Wed, 10 Aug 2022 | US$263.3b | US$152.7b | US$8.1b | 18.9x | 32.6x | 1.7x |
| Fri, 08 Jul 2022 | US$252.7b | US$151.2b | US$7.4b | 17.6x | 34.3x | 1.7x |
| Sun, 05 Jun 2022 | US$264.6b | US$151.9b | US$7.6b | 17.1x | 35x | 1.7x |
| Tue, 03 May 2022 | US$273.4b | US$150.3b | US$7.2b | 18.2x | 37.8x | 1.8x |
| Thu, 31 Mar 2022 | US$341.6b | US$152.7b | US$11.0b | 21.6x | 31.1x | 2.2x |
| Sat, 26 Feb 2022 | US$307.5b | US$153.3b | US$10.3b | 21.4x | 29.8x | 2x |
| Mon, 24 Jan 2022 | US$330.3b | US$154.6b | US$7.9b | 23.1x | 41.7x | 2.1x |
| Wed, 22 Dec 2021 | US$362.0b | US$154.3b | US$7.4b | 22.5x | 48.7x | 2.3x |
| Fri, 19 Nov 2021 | US$378.1b | US$154.3b | US$7.3b | 24.7x | 51.9x | 2.5x |
| Sun, 17 Oct 2021 | US$365.8b | US$148.8b | US$7.1b | 26.7x | 51.4x | 2.5x |
| Tue, 14 Sep 2021 | US$355.9b | US$149.3b | US$7.1b | 24.1x | 50.4x | 2.4x |
| Thu, 12 Aug 2021 | US$349.1b | US$149.2b | US$7.1b | 25.8x | 49.1x | 2.3x |
| Mon, 07 Jun 2021 | US$332.0b | US$142.5b | US$6.7b | 27.7x | 49.8x | 2.3x |
Price to Earnings Ratio
49.8x
Current Industry PE
- Investors are pessimistic on the American Professional Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 39.4x which is lower than its 3-year average PE of 46.7x.
- The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Professional Services industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 19% 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. Industrials industry?
| US Market | -1.23% | |
| Industrials | -1.88% | |
| Professional Services | -3.38% | |
| Research and Consulting Services | -3.13% | |
| HR Services | -4.10% | |
Industry PE
- Investors are most optimistic about the Research and Consulting Services industry even though it's trading below its 3-year average PE ratio of 161x.
- Analysts are expecting annual earnings growth of 24.0%, which is higher than its past year's earnings growth of 3.6% per year.
- Investors are most pessimistic about the HR Services industry, which is trading close to its 3-year average of 30.3x.
Forecasted Growth
- Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 24% over the next 5 years.
- This is better than its past earnings growth rate of 3.6% per year.
- In contrast, the HR Services industry is expected to see its earnings grow by 15% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CNDT Conduent | US$3.60 | 4.3% +US$30.7m | 10.8% | PS0.2x | |
| BBSI Barrett Business Services | US$128.74 | 3.3% +US$26.6m | 47.7% | PE17x | |
| LZ LegalZoom.com | US$8.70 | 1.3% +US$20.7m | -25.9% | PE77.8x | |
| CSGS CSG Systems International | US$42.86 | 1.5% +US$18.2m | -15.7% | PE18.8x | |
| FVRR Fiverr International | US$25.06 | 1.6% +US$15.5m | -7.7% | PE111x |
