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U.S. Professional Services Industry Analysis

UpdatedSep 07, 2024
DataAggregated Company Financials
Companies139
  • 7D-3.4%
  • 3M8.0%
  • 1Y10.1%
  • YTD9.7%

Over the last 7 days, the Professional Services industry has dropped 3.4%, driven by Automatic Data Processing declining 2.3%. Over the past 12 months, the industry was up 10%. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the U.S. Professional Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 08 Sep 2024US$526.9bUS$234.8bUS$12.7b27.1x41.6x2.2x
Tue, 06 Aug 2024US$521.7bUS$234.4bUS$13.0b26.1x40.1x2.2x
Thu, 04 Jul 2024US$491.7bUS$237.9bUS$12.4b24.9x39.5x2.1x
Sat, 01 Jun 2024US$491.1bUS$238.7bUS$12.5b25.3x39.4x2.1x
Mon, 29 Apr 2024US$497.8bUS$241.3bUS$11.8b26x42.1x2.1x
Wed, 27 Mar 2024US$500.9bUS$232.9bUS$11.4b26.4x43.8x2.2x
Fri, 23 Feb 2024US$504.1bUS$232.6bUS$12.7b27x39.8x2.2x
Sun, 21 Jan 2024US$502.8bUS$237.0bUS$12.8b26x39.2x2.1x
Tue, 19 Dec 2023US$500.8bUS$237.0bUS$12.7b25.5x39.4x2.1x
Thu, 16 Nov 2023US$476.2bUS$236.5bUS$12.3b25.1x38.8x2x
Sat, 14 Oct 2023US$493.6bUS$239.1bUS$9.6b23x51.6x2.1x
Mon, 11 Sep 2023US$492.9bUS$234.3bUS$9.3b22.3x52.9x2.1x
Wed, 09 Aug 2023US$500.7bUS$234.3bUS$9.1b22.7x55x2.1x
Fri, 07 Jul 2023US$452.7bUS$229.7bUS$9.1b21.7x49.6x2x
Sun, 04 Jun 2023US$472.7bUS$231.8bUS$9.5b21.9x49.9x2x
Tue, 02 May 2023US$462.4bUS$228.7bUS$10.7b21.5x43.3x2x
Thu, 30 Mar 2023US$458.5bUS$228.1bUS$10.6b23.5x43.2x2x
Sat, 25 Feb 2023US$256.3bUS$163.7bUS$2.9b21.2x88.4x1.6x
Mon, 23 Jan 2023US$261.0bUS$161.9bUS$3.5b20.6x74.5x1.6x
Wed, 21 Dec 2022US$248.5bUS$161.1bUS$3.4b20.7x72.1x1.5x
Fri, 18 Nov 2022US$258.2bUS$160.5bUS$4.0b19.5x65.3x1.6x
Sun, 16 Oct 2022US$231.0bUS$153.4bUS$8.3b16.8x28x1.5x
Tue, 13 Sep 2022US$260.4bUS$153.3bUS$8.2b18.1x31.6x1.7x
Thu, 11 Aug 2022US$269.0bUS$152.7bUS$8.1b18.6x33.2x1.8x
Sat, 09 Jul 2022US$252.0bUS$151.2bUS$7.4b17.5x34.2x1.7x
Mon, 06 Jun 2022US$264.6bUS$151.9bUS$7.6b17.4x35x1.7x
Wed, 04 May 2022US$271.9bUS$150.9bUS$7.2b17.9x37.5x1.8x
Fri, 01 Apr 2022US$341.1bUS$152.7bUS$11.0b20.8x31x2.2x
Sun, 27 Feb 2022US$312.7bUS$153.3bUS$10.4b21.4x30.2x2x
Tue, 25 Jan 2022US$330.3bUS$154.6bUS$7.9b22.9x41.7x2.1x
Thu, 23 Dec 2021US$365.3bUS$154.3bUS$7.4b22.9x49.2x2.4x
Sat, 20 Nov 2021US$378.1bUS$154.3bUS$7.3b24.7x51.9x2.5x
Mon, 18 Oct 2021US$365.8bUS$148.8bUS$7.1b26.7x51.4x2.5x
Wed, 15 Sep 2021US$357.8bUS$149.3bUS$7.1b24.3x50.7x2.4x
Price to Earnings Ratio

50.7x


Total Market Cap: US$357.8bTotal Earnings: US$7.1bTotal Revenue: US$149.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Professional Services Industry Price to Earnings3Y Average 46x202220232024
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 41.6x which is lower than its 3-year average PE of 46.0x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Professional Services industry have grown 22% per year over the last three years.
  • Revenues for these companies have grown 16% 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-4.43%
Industrials-4.77%
Professional Services-3.45%
HR Services-2.77%
Research and Consulting Services-4.05%
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 159x.
    • Analysts are expecting annual earnings growth of 23.6%, which is higher than its past year's earnings growth of 5.0% per year.
  • Investors are most pessimistic about the HR Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 29.9x.
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 5.0% per year.
  • In contrast, the HR Services industry is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
FBYD Falcon's Beyond GlobalUS$10.853.3%
+US$4.0m
2.1%PS17.7x
TIXT TELUS International (Cda)US$3.670.3%
+US$2.7m
-55.0%PE14x
EPOW Sunrise New EnergyUS$1.139.8%
+US$2.6m
-37.6%PS0.7x
WFCF Where Food Comes FromUS$11.152.7%
+US$1.6m
-21.1%PE27.6x
ATIF ATIF HoldingsUS$0.8017.6%
+US$1.4m
-46.7%PS19.1x
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Latest News

TIXT

US$3.67

TELUS International (Cda)

7D

0.3%

1Y

-55.0%

LDOS

US$152.85

Leidos Holdings

7D

-3.6%

1Y

59.6%

ADP

US$269.56

Automatic Data Processing

7D

-2.3%

1Y

8.1%

PAYX

US$129.38

Paychex

7D

-1.4%

1Y

7.3%

ATIF

US$0.80

ATIF Holdings

7D

17.6%

1Y

-46.7%

HQI

US$14.32

HireQuest

7D

0.6%

1Y

-17.3%

RCRT

US$2.20

Recruiter.com Group

7D

4.8%

1Y

30.6%

FBYD

US$10.85

Falcon's Beyond Global

7D

3.3%

1Y

2.1%

SRT

US$4.42

Startek

7D

0.2%

1Y

11.6%