U.S. IT Consulting Industry Analysis
UpdatedJun 08, 2023
DataAggregated Company Financials
Companies90
- 7D1.2%
- 3M8.8%
- 1Y-4.6%
- YTD2.9%
In the last week, the IT Consulting industry is up 1.2%, with International Business Machines up 4.5%. Meanwhile, EPAM Systems actually underperformed within the industry, shrinking 18% in the last week. However, the industry is down 4.6% over the past year. Looking forward, earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the U.S. IT Consulting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 08 Jun 2023 | US$424.6b | US$200.1b | US$11.1b | 24.2x | 38.2x | 2.1x |
| Sat, 06 May 2023 | US$387.6b | US$201.7b | US$11.7b | 19.8x | 33x | 1.9x |
| Mon, 03 Apr 2023 | US$388.6b | US$193.9b | US$10.7b | 20.7x | 36.2x | 2x |
| Wed, 01 Mar 2023 | US$375.2b | US$192.8b | US$10.8b | 18.9x | 34.7x | 1.9x |
| Fri, 27 Jan 2023 | US$390.4b | US$192.9b | US$10.8b | 20.1x | 36x | 2x |
| Sun, 25 Dec 2022 | US$383.3b | US$192.8b | US$10.4b | 23.8x | 36.8x | 2x |
| Tue, 22 Nov 2022 | US$403.6b | US$192.0b | US$10.3b | 24.2x | 39.3x | 2.1x |
| Thu, 20 Oct 2022 | US$366.8b | US$190.8b | US$14.1b | 18.1x | 26x | 1.9x |
| Sat, 17 Sep 2022 | US$386.3b | US$188.8b | US$13.9b | 18.3x | 27.8x | 2x |
| Mon, 15 Aug 2022 | US$435.7b | US$188.6b | US$13.9b | 20.8x | 31.3x | 2.3x |
| Wed, 13 Jul 2022 | US$395.0b | US$187.0b | US$13.3b | 25.6x | 29.6x | 2.1x |
| Fri, 10 Jun 2022 | US$417.9b | US$184.1b | US$13.1b | 25x | 31.9x | 2.3x |
| Sun, 08 May 2022 | US$422.7b | US$184.7b | US$11.7b | 24.9x | 36x | 2.3x |
| Tue, 05 Apr 2022 | US$485.3b | US$187.9b | US$12.0b | 24.9x | 40.4x | 2.6x |
| Thu, 03 Mar 2022 | US$457.5b | US$184.8b | US$12.0b | 24x | 38.3x | 2.5x |
| Sat, 29 Jan 2022 | US$488.0b | US$183.8b | US$12.7b | 25.6x | 38.4x | 2.7x |
| Mon, 27 Dec 2021 | US$551.6b | US$200.9b | US$12.7b | 27.6x | 43.5x | 2.7x |
| Wed, 24 Nov 2021 | US$503.7b | US$197.8b | US$12.9b | 26.3x | 39.1x | 2.5x |
| Fri, 22 Oct 2021 | US$502.9b | US$177.3b | US$14.3b | 28.3x | 35.1x | 2.8x |
| Sun, 19 Sep 2021 | US$497.1b | US$174.6b | US$14.8b | 27.1x | 33.7x | 2.8x |
| Tue, 17 Aug 2021 | US$487.9b | US$174.7b | US$14.3b | 25.7x | 34.1x | 2.8x |
| Tue, 01 Jun 2021 | US$436.6b | US$173.2b | US$13.3b | 27.9x | 32.7x | 2.5x |
| Fri, 05 Mar 2021 | US$380.2b | US$170.6b | US$10.3b | 28.6x | 36.8x | 2.2x |
| Mon, 07 Dec 2020 | US$374.3b | US$171.8b | US$11.3b | 29.3x | 33.2x | 2.2x |
| Thu, 10 Sep 2020 | US$358.8b | US$172.0b | US$9.4b | 26.1x | 38.3x | 2.1x |
Price to Earnings Ratio
35.4x
Current Industry PE
- Investors are optimistic on the American IT Consulting and Other Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 38.2x which is higher than its 3-year average PE of 35.1x.
- The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the IT Consulting and Other Services industry have grown 6.4% per year over the last three years.
- Revenues for these companies have grown 5.1% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. IT Consulting compare with similar industries?
| US Market | 2.58% | |
| Tech | -0.68% | |
| IT | 1.47% | |
| IT Consulting | 1.25% | |
| Data Processing Services | 3.68% | |
| Internet Services and Infrastructure | 1.85% | |
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 | |
|---|---|---|---|---|---|
| IBM International Business Machines | US$134.38 | 4.5% +US$5.3b | -4.6% | PE59.4x | |
| ACN Accenture | US$311.03 | 1.7% +US$3.2b | 2.8% | PE28.3x | |
| DXC DXC Technology | US$26.71 | 6.7% +US$354.9m | -24.2% | PS0.4x | |
| CINT CI&T | US$5.47 | 15.4% +US$97.7m | -59.7% | PE24.2x | |
| CTSH Cognizant Technology Solutions | US$62.60 | 0.2% +US$55.8m | -14.4% | PE13.8x |
