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Nov 14
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U.S. IT Consulting Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies70
- 7D-2.3%
- 3M8.1%
- 1Y16.7%
- YTDn/a
Over the last 7 days, the IT Consulting industry has dropped 2.7%, driven by Accenture declining 4.4%. Meanwhile, BigBear.ai Holdings actually outperformed within the industry, gaining 20% in the last week. This takes the industry's 12 month performance to a gain of 16%. As for the next few years, earnings are expected to grow by 11% per annum.
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, 21 Nov 2024 | US$546.0b | US$201.1b | US$17.8b | 39.6x | 30.6x | 2.7x |
| Sat, 19 Oct 2024 | US$581.9b | US$202.2b | US$19.4b | 39.4x | 29.9x | 2.9x |
| Mon, 16 Sep 2024 | US$548.5b | US$202.6b | US$19.2b | 35.3x | 28.5x | 2.7x |
| Wed, 14 Aug 2024 | US$495.2b | US$202.5b | US$19.2b | 28.8x | 25.8x | 2.4x |
| Fri, 12 Jul 2024 | US$466.3b | US$203.0b | US$18.8b | 29.6x | 24.8x | 2.3x |
| Sun, 09 Jun 2024 | US$451.9b | US$203.3b | US$18.9b | 27.7x | 23.9x | 2.2x |
| Tue, 07 May 2024 | US$468.2b | US$203.9b | US$17.7b | 26.4x | 26.5x | 2.3x |
| Thu, 04 Apr 2024 | US$507.9b | US$199.2b | US$17.1b | 23.5x | 29.6x | 2.5x |
| Sat, 02 Mar 2024 | US$536.0b | US$199.2b | US$17.0b | 21.8x | 31.6x | 2.7x |
| Mon, 29 Jan 2024 | US$537.8b | US$200.5b | US$16.8b | 21.4x | 31.9x | 2.7x |
| Wed, 27 Dec 2023 | US$501.9b | US$199.9b | US$16.3b | 19.9x | 30.7x | 2.5x |
| Fri, 24 Nov 2023 | US$470.2b | US$199.4b | US$16.3b | 20.2x | 28.8x | 2.4x |
| Sun, 22 Oct 2023 | US$419.9b | US$198.8b | US$11.4b | 17.9x | 37x | 2.1x |
| Tue, 19 Sep 2023 | US$446.7b | US$198.3b | US$11.7b | 23.3x | 38.3x | 2.3x |
| Thu, 17 Aug 2023 | US$433.1b | US$198.2b | US$11.7b | 20.8x | 37.1x | 2.2x |
| Sat, 15 Jul 2023 | US$439.8b | US$200.6b | US$11.3b | 25x | 38.9x | 2.2x |
| Mon, 12 Jun 2023 | US$428.0b | US$200.2b | US$11.1b | 22.2x | 38.6x | 2.1x |
| Wed, 10 May 2023 | US$382.2b | US$201.6b | US$11.8b | 20.9x | 32.5x | 1.9x |
| Fri, 07 Apr 2023 | US$383.0b | US$193.9b | US$10.7b | 21.2x | 35.7x | 2x |
| Sun, 05 Mar 2023 | US$379.2b | US$192.9b | US$10.8b | 20.2x | 35.2x | 2x |
| Tue, 31 Jan 2023 | US$390.7b | US$192.9b | US$10.8b | 20.1x | 36.1x | 2x |
| Thu, 29 Dec 2022 | US$378.9b | US$192.8b | US$10.4b | 22.8x | 36.4x | 2x |
| Sat, 26 Nov 2022 | US$413.9b | US$192.0b | US$10.3b | 27.2x | 40.4x | 2.2x |
| Mon, 24 Oct 2022 | US$378.0b | US$191.7b | US$9.9b | 18.4x | 38.3x | 2x |
| Wed, 21 Sep 2022 | US$382.2b | US$188.8b | US$13.9b | 18.2x | 27.5x | 2x |
| Fri, 19 Aug 2022 | US$438.4b | US$188.6b | US$13.9b | 21.3x | 31.6x | 2.3x |
| Sun, 17 Jul 2022 | US$394.1b | US$187.0b | US$13.3b | 23.1x | 29.6x | 2.1x |
| Tue, 14 Jun 2022 | US$393.7b | US$184.1b | US$13.1b | 24.4x | 30.1x | 2.1x |
| Thu, 12 May 2022 | US$397.9b | US$184.8b | US$11.7b | 21x | 34.1x | 2.2x |
| Sat, 09 Apr 2022 | US$476.6b | US$187.9b | US$12.0b | 24.4x | 39.7x | 2.5x |
| Mon, 07 Mar 2022 | US$449.9b | US$184.8b | US$12.0b | 24.2x | 37.6x | 2.4x |
| Wed, 02 Feb 2022 | US$503.3b | US$183.8b | US$12.7b | 24.4x | 39.6x | 2.7x |
| Fri, 31 Dec 2021 | US$564.2b | US$200.9b | US$12.7b | 27.9x | 44.5x | 2.8x |
| Sun, 28 Nov 2021 | US$495.0b | US$197.5b | US$12.4b | 26.6x | 39.8x | 2.5x |
Price to Earnings Ratio
39.8x
Current Industry PE
- Investors are relatively neutral on the American IT Consulting and Other Services 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 33.5x.
- The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the IT Consulting and Other Services industry have grown 13% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does U.S. IT Consulting compare with similar industries?
| US Market | -1.04% | |
| Tech | -1.08% | |
| IT | -3.44% | |
| IT Consulting | -2.27% | |
| Data Processing Services | -2.86% | |
| Internet Services and Infrastructure | -5.62% | |
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$214.60 | 1.7% +US$3.4b | 38.3% | PE31.1x | |
| BBAI BigBear.ai Holdings | US$2.09 | 22.2% +US$95.2m | 18.1% | PS3.4x | |
| ATGL Alpha Technology Group | US$11.71 | 29.7% +US$44.1m | -15.1% | PS163.6x | |
| CSPI CSP | US$13.57 | 7.6% +US$9.4m | 6.3% | PE51.7x | |
| WYY WidePoint | US$4.73 | 17.4% +US$6.3m | 173.5% | PS0.3x |
