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Best Health Information Service Stocks to Buy Now (2023)
Top health information service stocks in 2023 ranked by overall Zen Score. See the best health information service stocks to buy now, according to analyst forecasts for the health information services industry.

Industry: Health Information Servic...
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
SDGR
SCHRODINGER INC
NASDAQ
Health Information Services
$2.55B$35.651.60%$52.04M187.63x0.42
MDRX
VERADIGM INC
NASDAQ
Health Information Services
$1.34B$12.303.45%$163.55M27.33x0.44
DOCS
DOXIMITY INC
NYSE
Health Information Services
$6.43B$33.034.69%$145.47M56.95x0.18
PINC
PREMIER INC
NASDAQ
Health Information Services
$3.07B$25.823.03%$398.93M16.66x0.50
SLP
SIMULATIONS PLUS INC
NASDAQ
Health Information Services
$949.24M$47.473.31%$16.00M91.29x0.05
SLGC
SOMALOGIC INC
NASDAQ
Health Information Services
$625.86M$3.334.72%-$134.94M-4.44x0.15
SOPH
SOPHIA GENETICS SA
NASDAQ
Health Information Services
$284.60M$4.43-0.23%-$75.82M-3.49x0.26
VEEV
VEEVA SYSTEMS INC
NYSE
Health Information Services
$31.16B$195.00-1.66%$550.42M62.10x0.29
PGNY
PROGYNY INC
NASDAQ
Health Information Services
$3.68B$39.023.06%$41.07M83.02x0.53
PRVA
PRIVIA HEALTH GROUP INC
NASDAQ
Health Information Services
$2.87B$24.841.93%$7.76M191.08x0.62
OPRX
OPTIMIZERX CORP
NASDAQ
Health Information Services
$250.06M$14.602.60%-$12.06M-18.48x0.06
TXG
10X GENOMICS INC
NASDAQ
Health Information Services
$6.34B$54.602.63%-$135.92M-35.69x0.26
SHCR
SHARECARE INC
NASDAQ
Health Information Services
$600.47M$1.685.66%-$57.36M-5.09x0.23
CPSI
COMPUTER PROGRAMS & SYSTEMS INC
NASDAQ
Health Information Services
$367.13M$25.272.97%$45.00M34.15x0.87
ACCD
ACCOLADE INC
NASDAQ
Health Information Services
$962.40M$13.074.73%-$417.15M-2.03x0.91
RTO
RENTOKIL INITIAL PLC
NYSE
Health Information Services
$20.46B$40.601.15%$468.75M0.56x-0.21
RCM
R1 RCM INC
NASDAQ
Health Information Services
$7.03B$16.812.31%$226.30M-70.04x0.87
HSTM
HEALTHSTREAM INC
NASDAQ
Health Information Services
$739.45M$24.103.97%$53.52M61.79x0.50
SNCE
SCIENCE 37 HOLDINGS INC
NASDAQ
Health Information Services
$30.36M$0.2612.07%-$105.16M-0.25x0.30
ICAD
ICAD INC
NASDAQ
Health Information Services
$33.08M$1.304.00%-$12.62M-2.41x0.50
CCLD
CARECLOUD INC
NASDAQ
Health Information Services
$45.84M$2.943.16%$20.10M-3.92x0.34
ZCMD
ZHONGCHAO INC
NASDAQ
Health Information Services
$240.19M$1.042.67%-$1.94M-9.18x0.19
AGTI
AGILITI INC
NYSE
Health Information Services
$2.31B$17.204.81%$238.48M172.00x1.58
WGS
GENEDX HOLDINGS CORP
NASDAQ
Health Information Services
$165.06M$6.45-7.86%-$514.76M-0.14x0.66
EVH
EVOLENT HEALTH INC
NYSE
Health Information Services
$3.50B$31.034.02%-$38.97M-81.66x1.16
PHR
PHREESIA INC
NYSE
Health Information Services
$1.75B$32.655.73%-$135.92M-10.64x0.34
SY
SO-YOUNG INTERNATIONAL INC
NASDAQ
Health Information Services
$222.97M$2.201.85%N/A-157.14x0.23
OMCL
OMNICELL INC
NASDAQ
Health Information Services
$3.34B$73.981.45%$68.59M-194.68x0.97
DH
DEFINITIVE HEALTHCARE CORP
NASDAQ
Health Information Services
$1.75B$10.925.00%$37.53M-121.33x0.65
AMWL
AMERICAN WELL CORP
NYSE
Health Information Services
$685.32M$2.446.55%-$569.29M-1.14x0.20
HCAT
HEALTH CATALYST INC
NASDAQ
Health Information Services
$675.12M$12.006.48%-$99.75M-4.40x0.86
GDRX
GOODRX HOLDINGS INC
NASDAQ
Health Information Services
$2.14B$5.390.37%$69.34M-44.92x0.95
HLTH
CUE HEALTH INC
NASDAQ
Health Information Services
$90.97M$0.60-16.08%-$244.83M-0.31x0.23
TRHC
TABULA RASA HEALTHCARE INC
NASDAQ
Health Information Services
$149.56M$5.572.39%-$103.10M-1.01x-6.02
BBLN
BABYLON HOLDINGS LTD
NYSE
Health Information Services
$15.34M$0.601.53%-$154.65M-0.07x-1.66
KERN
AKERNA CORP
NASDAQ
Health Information Services
$4.10M$0.711.43%-$52.70M-0.03x-2.21
FORA
FORIAN INC
NASDAQ
Health Information Services
$83.41M$2.563.23%-$4.19M-10.24x1.73
HQY
HEALTHEQUITY INC
NASDAQ
Health Information Services
$5.02B$59.266.53%$171.53M-191.16x0.63
CMAX
CAREMAX INC
NASDAQ
Health Information Services
$395.38M$3.5516.78%-$70.42M-3.66x1.03
STRM
STREAMLINE HEALTH SOLUTIONS INC
NASDAQ
Health Information Services
$89.09M$1.521.33%-$6.25M-6.61x0.73
WORX
SCWORX CORP
NASDAQ
Health Information Services
$3.32M$0.260.00%-$1.62M-2.13x0.42
UPH
UPHEALTH INC
NYSE
Health Information Services
$25.68M$1.53-4.38%-$172.17M-0.11x2.30
AUGX
AUGMEDIX INC
NASDAQ
Health Information Services
$169.21M$4.169.19%-$20.49M-6.50x-11.37
NXGN
NEXTGEN HEALTHCARE INC
NASDAQ
Health Information Services
$1.07B$16.193.85%$50.01M-404.75x1.24
UTRS
MINERVA SURGICAL INC
NASDAQ
Health Information Services
$51.81M$0.2946.50%-$19.58M-0.32x1.50
TDOC
TELADOC HEALTH INC
NYSE
Health Information Services
$4.01B$24.482.73%-$6.78B-0.56x0.88
NUTX
NUTEX HEALTH INC
NASDAQ
Health Information Services
$296.77M$0.455.61%-$409.22M-0.66x3.46
HCTI
HEALTHCARE TRIANGLE INC
NASDAQ
Health Information Services
$13.52M$3.165.69%-$7.02M-1.09x1.03
ACON
ACLARION INC
NASDAQ
Health Information Services
$8.02M$1.02-0.97%-$5.90M-0.78x0.79
EUDA
EUDA HEALTH HOLDINGS LTD
NASDAQ
Health Information Services
$27.08M$1.452.84%-$1.72M-0.69x-7.27
BEAT
HEARTBEAM INC
NASDAQ
Health Information Services
$58.02M$2.24-5.88%-$15.02M-1.23x-2.70
LIFW
MSP RECOVERY INC
NASDAQ
Health Information Services
$1.87B$0.581.58%N/AN/A6.62

Health Information Service Stocks FAQ

What are the best health information service stocks to buy right now in Jun 2023?

According to Zen Score, the 3 best health information service stocks to buy right now are:

1. Schrodinger (NASDAQ:SDGR)


Schrodinger (NASDAQ:SDGR) is the top health information service stock with a Zen Score of 53, which is 25 points higher than the health information service industry average of 28. It passed 18 out of 33 due diligence checks and has strong fundamentals. Schrodinger has seen its stock return 33.92% over the past year, overperforming other health information service stocks by 53 percentage points.

Schrodinger has an average 1 year price target of $62.80, an upside of 76.16% from Schrodinger's current stock price of $35.65.

Schrodinger stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Schrodinger, 60% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Veradigm (NASDAQ:MDRX)


Veradigm (NASDAQ:MDRX) is the second best health information service stock with a Zen Score of 49, which is 21 points higher than the health information service industry average of 28. It passed 15 out of 33 due diligence checks and has strong fundamentals. Veradigm has seen its stock lose -28.9% over the past year, underperforming other health information service stocks by -10 percentage points.

Veradigm has an average 1 year price target of $19.17, an upside of 55.83% from Veradigm's current stock price of $12.30.

Veradigm stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Veradigm, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Doximity (NYSE:DOCS)


Doximity (NYSE:DOCS) is the third best health information service stock with a Zen Score of 47, which is 19 points higher than the health information service industry average of 28. It passed 16 out of 33 due diligence checks and has strong fundamentals. Doximity has seen its stock lose -13.08% over the past year, overperforming other health information service stocks by 6 percentage points.

Doximity has an average 1 year price target of $35.33, an upside of 6.97% from Doximity's current stock price of $33.03.

Doximity stock has a consensus Hold recommendation according to Wall Street analysts. Of the 6 analysts covering Doximity, 16.67% have issued a Strong Buy rating, 16.67% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 33.33% have issued a Strong Sell.

What are the health information service stocks with highest dividends?

Out of 3 health information service stocks that have issued dividends in the past year, the 3 health information service stocks with the highest dividend yields are:

1. Premier (NASDAQ:PINC)


Premier (NASDAQ:PINC) has an annual dividend yield of 3.25%, which is 2 percentage points higher than the health information service industry average of 1.29%.

Premier's dividend payout ratio of 53.5% indicates that its dividend yield is sustainable for the long-term.

2. Simulations Plus (NASDAQ:SLP)


Simulations Plus (NASDAQ:SLP) has an annual dividend yield of 0.51%, which is -1 percentage points lower than the health information service industry average of 1.29%. Simulations Plus's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Simulations Plus's dividend has shown consistent growth over the last 10 years.

Simulations Plus's dividend payout ratio of 46.2% indicates that its dividend yield is sustainable for the long-term.

3. Healthstream (NASDAQ:HSTM)


Healthstream (NASDAQ:HSTM) has an annual dividend yield of 0.1%, which is -1 percentage points lower than the health information service industry average of 1.29%. Healthstream's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Healthstream's dividend has not shown consistent growth over the last 10 years.

Healthstream's dividend payout ratio of 6.4% indicates that its dividend yield is sustainable for the long-term.

Why are health information service stocks up?

Health information service stocks were up 2.18% in the last day, and up 6.82% over the last week.

We couldn't find a catalyst for why health information service stocks are up.

What are the most undervalued health information service stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued health information service stocks right now are:

1. Veradigm (NASDAQ:MDRX)


Veradigm (NASDAQ:MDRX) is the most undervalued health information service stock based on WallStreetZen's Valuation Score. Veradigm has a valuation score of 71, which is 47 points higher than the health information service industry average of 24. It passed 5 out of 7 valuation due diligence checks.

Veradigm's stock has dropped -28.9% in the past year. It has underperformed other stocks in the health information service industry by -10 percentage points.

2. Computer Programs & Systems (NASDAQ:CPSI)


Computer Programs & Systems (NASDAQ:CPSI) is the second most undervalued health information service stock based on WallStreetZen's Valuation Score. Computer Programs & Systems has a valuation score of 71, which is 47 points higher than the health information service industry average of 24. It passed 5 out of 7 valuation due diligence checks.

Computer Programs & Systems's stock has dropped -23.42% in the past year. It has underperformed other stocks in the health information service industry by -4 percentage points.

3. Premier (NASDAQ:PINC)


Premier (NASDAQ:PINC) is the third most undervalued health information service stock based on WallStreetZen's Valuation Score. Premier has a valuation score of 71, which is 47 points higher than the health information service industry average of 24. It passed 5 out of 7 valuation due diligence checks.

Premier's stock has dropped -30.8% in the past year. It has underperformed other stocks in the health information service industry by -12 percentage points.

Are health information service stocks a good buy now?

52.38% of health information service stocks rated by analysts are a strong buy right now. On average, analysts expect health information service stocks to rise by 22.79% over the next year.

What is the average p/e ratio of the health information services industry?

The average P/E ratio of the health information services industry is 7.01x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.