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

Investors are relatively neutral on the industry at the moment, indicating that they anticipate long term growth rates to remain steady. The industry is trading close to its 3-year average PE ratio of 24.6x.

How does U.S. IT Consulting compare with similar industries?

There is insufficient data on the sub-industries of this industry.

U.S. IT Consulting Industry Analysis

Date	Market Cap	Revenue	Earnings	PE
Sat, 28 May 2022	US$430.9b	US$184.7b	US$13.0b	25.2x
Mon, 25 Apr 2022	US$459.2b	US$188.9b	US$12.2b	22.7x
Wed, 23 Mar 2022	US$476.8b	US$187.9b	US$12.0b	23.1x
Fri, 18 Feb 2022	US$472.3b	US$184.3b	US$11.8b	24x
Sun, 16 Jan 2022	US$506.2b	US$200.9b	US$12.7b	25.3x
Tue, 14 Dec 2021	US$524.9b	US$197.5b	US$12.4b	27x
Thu, 11 Nov 2021	US$517.1b	US$177.9b	US$14.8b	25.2x
Sat, 09 Oct 2021	US$493.1b	US$177.2b	US$14.9b	29.3x
Mon, 06 Sep 2021	US$499.2b	US$174.5b	US$14.5b	23.9x
Wed, 04 Aug 2021	US$472.1b	US$174.7b	US$14.3b	25.3x
Sat, 08 May 2021	US$438.7b	US$170.9b	US$13.0b	29.2x
Tue, 09 Feb 2021	US$372.2b	US$169.7b	US$10.1b	29.9x
Mon, 02 Nov 2020	US$333.6b	US$171.4b	US$11.1b	26.4x
Thu, 06 Aug 2020	US$345.4b	US$172.2b	US$9.2b	25.9x
Sun, 10 May 2020	US$308.9b	US$173.8b	US$11.0b	20.5x
Sat, 01 Feb 2020	US$348.7b	US$173.7b	US$15.0b	21.2x
Tue, 05 Nov 2019	US$320.1b	US$172.5b	US$13.8b	19.9x
Fri, 09 Aug 2019	US$348.7b	US$172.4b	US$17.0b	21.8x


US Market	5.92%
Tech	7.59%
IT	6.51%
IT Consulting	8.41%
Data Processing Services	6.80%
Internet Services and Infrastructure	0.98%

Company	Last Price	7D	1Y	Valuation
ACN Accenture	US$304.15	9.9% +US$17.4b	7.8%	PS30.1x
IBM International Business Machines	US$139.27	8.4% +US$9.7b	-3.1%	PS25.2x
CTSH Cognizant Technology Solutions	US$74.73	5.5% +US$2.0b	4.4%	PS17.7x
DXC DXC Technology	US$35.08	18.5% +US$1.3b	-7.5%	PS11.9x
IT Gartner	US$266.59	6.6% +US$1.3b	15.0%	PS26.8x

May 06

Federal Judge Rules Massive Marriott Data Breach Class Action May Proceed

A federal judge in Maryland has granted class certification in a data breach impacting over 133 million American consumers against hotel chain Marriott and its data security vendor Accenture, clearing the way for the litigation to move forward. The Court will allow the case to proceed as a class action on behalf of the first group of claimants the parties selected – an initial group of approximately 45 million consumers in California, Connecticut, Florida, Georgia, Maryland, and New York. The lawsuit stems from a data breach Marriott discovered in 2018 after it acquired Starwood, in which, by its own admission, 133.7 million guest records of Starwood customers were compromised. Marriott acknowledged in 2019 that the records included approximately 5.25 million unencrypted passport numbers and 20.3 million encrypted passport numbers, among other sensitive personal information regarding hotel stays. In granting class certification, Judge Paul Grimm of the U.S. District Court for the Southern District of Maryland issued a 70-plus page opinion that made clear he was certifying the case for potential trial, rather than for a pending settlement (as occurs in most other data breach cases). The opinion allows the plaintiffs to seek damages related to overpayment for hotel rooms, as well as statutory and nominal damages. The Court also found that consumers might be able to recover damages for the inherent value of their personal information stolen during the breach based upon Marriott’s own valuation of that same data. Filed in January 2018, the lawsuit alleges that Starwood, and later Marriott, took more than four years to discover the long-running data breach. Marriott became the world’s large hotel chain when it acquired Starwood that same year. Beginning in 2014 or earlier, and continuing through November 2018, hackers exploited vulnerabilities in Starwood’s network to access the guest reservation system and steal customer data. Marriott discovered the breach on September 8, 2018 but failed to publicly disclose it until nearly three months later, on November 30, 2018, when it admitted that there had been unauthorized access to the Starwood guest reservation database. This database contained personal customer information, including names, mailing addresses, phone numbers, email addresses, passport numbers, Starwood Preferred Guest account information, date of birth, gender, arrival and departure information, reservation dates, and communication preferences. For some customers, the information also included payment card numbers and payment card expiration dates.

U.S. IT Consulting Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

DXC

Full year 2022 earnings: EPS exceeds analyst expectations

IT

Insider recently sold US$125k worth of stock

BBAI

Now 39% undervalued

OMQS

Consensus forecasts updated

TAOP

Forecast to breakeven in 2023

CTSH

Independent Chairman of the Board notifies of intention to sell stock

GLOB

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

IBM

Levi & Korsinsky, LLP Notifies Investors in International Business Machines Corporation of A Class Action Securities Lawsuit

INPX

First quarter 2022 earnings: EPS and revenues miss analyst expectations

DPSI

Decisionpoint Systems, Inc. Provides Earnings Guidance for the Full Year 2022

KD

Chairman & CEO recently bought US$950k worth of stock

TWKS

Consensus forecasts updated

AGIL

First quarter 2022 earnings: EPS misses analyst expectations

EPAM

Epam Systems, Inc. Provides Earnings Guidance for Second Quarter 2022

ACN

Federal Judge Rules Massive Marriott Data Breach Class Action May Proceed

WAVD

WaveDancer, Inc. Announces Appointment of Linda Singh to Board of Directors