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U.S. IT Consulting Industry Analysis

UpdatedApr 18, 2024
DataAggregated Company Financials
Companies67
  • 7D-3.2%
  • 3M-7.3%
  • 1Y21.7%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 3.2%, driven by Accenture declining 3.0%. Meanwhile, HUB Cyber Security actually outperformed within the industry, gaining 44% in the last week. In the past year, the industry has gained 22%. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

Has the U.S. IT Consulting Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Apr 2024US$481.8bUS$199.2bUS$17.1b21.8x28.1x2.4x
Sat, 16 Mar 2024US$543.8bUS$199.1bUS$17.0b21.3x32x2.7x
Mon, 12 Feb 2024US$535.9bUS$199.2bUS$17.1b22.7x31.3x2.7x
Wed, 10 Jan 2024US$490.6bUS$199.8bUS$16.4b19.2x29.9x2.5x
Fri, 08 Dec 2023US$481.7bUS$199.4bUS$16.3b20.2x29.5x2.4x
Sun, 05 Nov 2023US$445.1bUS$199.4bUS$16.2b19.4x27.5x2.2x
Tue, 03 Oct 2023US$434.7bUS$198.8bUS$11.4b20.7x38.3x2.2x
Thu, 31 Aug 2023US$454.4bUS$198.3bUS$11.7b20.5x38.9x2.3x
Sat, 29 Jul 2023US$445.2bUS$200.5bUS$11.4b21.5x39x2.2x
Mon, 26 Jun 2023US$415.7bUS$200.6bUS$11.3b21.9x36.7x2.1x
Wed, 24 May 2023US$410.9bUS$201.4bUS$10.4b24x39.4x2x
Fri, 21 Apr 2023US$374.0bUS$193.9bUS$11.0b21.7x34x1.9x
Sun, 19 Mar 2023US$353.2bUS$193.0bUS$10.8b20.1x32.8x1.8x
Tue, 14 Feb 2023US$405.7bUS$191.9bUS$10.9b18.4x37.1x2.1x
Thu, 12 Jan 2023US$401.5bUS$192.9bUS$10.4b22.3x38.5x2.1x
Sat, 10 Dec 2022US$405.9bUS$192.0bUS$10.3b23.6x39.6x2.1x
Mon, 07 Nov 2022US$371.8bUS$191.6bUS$10.2b18.3x36.4x1.9x
Wed, 05 Oct 2022US$383.7bUS$190.8bUS$14.1b18.6x27.1x2x
Fri, 02 Sep 2022US$401.6bUS$188.7bUS$13.9b19.9x28.9x2.1x
Sun, 31 Jul 2022US$416.3bUS$188.6bUS$14.1b21.1x29.6x2.2x
Tue, 28 Jun 2022US$416.8bUS$187.0bUS$13.3b21.8x31.2x2.2x
Thu, 26 May 2022US$403.4bUS$185.0bUS$11.7b26x34.4x2.2x
Sat, 23 Apr 2022US$459.2bUS$188.9bUS$12.2b22.7x37.6x2.4x
Mon, 21 Mar 2022US$472.4bUS$187.8bUS$12.0b24x39.3x2.5x
Wed, 16 Feb 2022US$485.6bUS$184.2bUS$11.8b27.6x41x2.6x
Fri, 14 Jan 2022US$513.1bUS$200.9bUS$12.7b25.8x40.4x2.6x
Sun, 12 Dec 2021US$528.6bUS$197.5bUS$12.4b27x42.5x2.7x
Tue, 09 Nov 2021US$521.0bUS$177.9bUS$14.8b28x35.3x2.9x
Thu, 07 Oct 2021US$490.9bUS$177.2bUS$14.9b29.2x32.9x2.8x
Sat, 04 Sep 2021US$499.2bUS$174.9bUS$14.3b26.2x34.9x2.9x
Mon, 02 Aug 2021US$468.2bUS$174.7bUS$14.3b25x32.7x2.7x
Thu, 06 May 2021US$438.7bUS$170.9bUS$13.0b29.2x33.7x2.6x
Price to Earnings Ratio

33.7x


Total Market Cap: US$438.7bTotal Earnings: US$13.0bTotal Revenue: US$170.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. IT Consulting Industry Price to Earnings3Y Average 34.8x202220232024
Current Industry PE
  • Investors are pessimistic on the American IT Consulting and Other 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 28.1x which is lower than its 3-year average PE of 34.8x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 9.6% per year over the last three years.
  • Revenues for these companies have grown 5.2% 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-3.72%
Tech-5.32%
IT-3.87%
IT Consulting-3.24%
Data Processing Services-3.71%
Internet Services and Infrastructure-5.11%
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?

CompanyLast Price7D1YValuation
HUBC HUB Cyber SecurityUS$1.2910.3%
+US$1.2m		-88.6%PS0.2x
DPSI DecisionPoint SystemsUS$8.501.8%
+US$1.1m		32.8%PE26.2x
RSSS Research SolutionsUS$3.081.0%
+US$898.2k		45.3%PS2.3x
INPX InpixonUS$0.0537.3%
+US$699.5k		-92.5%PS1x
CTG Computer Task GroupUS$10.500.2%
+US$321.9k		52.4%PE312.4x
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Latest News

PRFT

US$43.64

Perficient

7D

-15.6%

1Y

-34.4%

ACN

US$316.00

Accenture

7D

-2.8%

1Y

14.7%

Accenture plc's (NYSE:ACN) Popularity With Investors Is Clear

Apr 18
Accenture plc's (NYSE:ACN) Popularity With Investors Is Clear

EPAM

US$247.22

EPAM Systems

7D

-7.2%

1Y

-12.4%

EPAM Systems: Cash-Rich Service Business With AI Tailwinds

Apr 18

IT

US$449.61

Gartner

7D

-5.3%

1Y

47.8%

CTM

US$0.23

Castellum

7D

0.5%

1Y

-78.2%

IBM

US$181.47

International Business Machines

7D

-2.4%

1Y

43.6%

International Business Machines Corporation's (NYSE:IBM) Popularity With Investors Is Under Threat From Overpricing

Apr 16
International Business Machines Corporation's (NYSE:IBM) Popularity With Investors Is Under Threat From Overpricing

CTSH

US$67.14

Cognizant Technology Solutions

7D

-4.9%

1Y

11.9%

GLOB

US$179.52

Globant

7D

-10.5%

1Y

15.6%

HUBC

US$1.95

HUB Cyber Security

7D

44.4%

1Y

-83.2%

XTIA

US$2.87

XTI Aerospace

7D

0.7%

1Y

n/a

RSSS

US$3.08

Research Solutions

7D

1.0%

1Y

45.3%

DPSI

US$8.50

DecisionPoint Systems

7D

1.8%

1Y

32.8%

INPX

US$0.053

Inpixon

7D

7.3%

1Y

-92.5%

KD

US$19.64

Kyndryl Holdings

7D

-8.4%

1Y

39.1%

CTG

US$10.50

Computer Task Group

7D

0.2%

1Y

52.4%