Sectors & Industries TechnologyHealth Information Services
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...

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
SDGR	SCHRODINGER INC	NASDAQ	Health Information Services	$2.55B	$35.65	1.60%	$52.04M	187.63x	0.42
MDRX	VERADIGM INC	NASDAQ	Health Information Services	$1.34B	$12.30	3.45%	$163.55M	27.33x	0.44
DOCS	DOXIMITY INC	NYSE	Health Information Services	$6.43B	$33.03	4.69%	$145.47M	56.95x	0.18
PINC	PREMIER INC	NASDAQ	Health Information Services	$3.07B	$25.82	3.03%	$398.93M	16.66x	0.50
SLP	SIMULATIONS PLUS INC	NASDAQ	Health Information Services	$949.24M	$47.47	3.31%	$16.00M	91.29x	0.05
SLGC	SOMALOGIC INC	NASDAQ	Health Information Services	$625.86M	$3.33	4.72%	-$134.94M	-4.44x	0.15
SOPH	SOPHIA GENETICS SA	NASDAQ	Health Information Services	$284.60M	$4.43	-0.23%	-$75.82M	-3.49x	0.26
VEEV	VEEVA SYSTEMS INC	NYSE	Health Information Services	$31.16B	$195.00	-1.66%	$550.42M	62.10x	0.29
PGNY	PROGYNY INC	NASDAQ	Health Information Services	$3.68B	$39.02	3.06%	$41.07M	83.02x	0.53
PRVA	PRIVIA HEALTH GROUP INC	NASDAQ	Health Information Services	$2.87B	$24.84	1.93%	$7.76M	191.08x	0.62
OPRX	OPTIMIZERX CORP	NASDAQ	Health Information Services	$250.06M	$14.60	2.60%	-$12.06M	-18.48x	0.06
TXG	10X GENOMICS INC	NASDAQ	Health Information Services	$6.34B	$54.60	2.63%	-$135.92M	-35.69x	0.26
SHCR	SHARECARE INC	NASDAQ	Health Information Services	$600.47M	$1.68	5.66%	-$57.36M	-5.09x	0.23
CPSI	COMPUTER PROGRAMS & SYSTEMS INC	NASDAQ	Health Information Services	$367.13M	$25.27	2.97%	$45.00M	34.15x	0.87
ACCD	ACCOLADE INC	NASDAQ	Health Information Services	$962.40M	$13.07	4.73%	-$417.15M	-2.03x	0.91
RTO	RENTOKIL INITIAL PLC	NYSE	Health Information Services	$20.46B	$40.60	1.15%	$468.75M	0.56x	-0.21
RCM	R1 RCM INC	NASDAQ	Health Information Services	$7.03B	$16.81	2.31%	$226.30M	-70.04x	0.87
HSTM	HEALTHSTREAM INC	NASDAQ	Health Information Services	$739.45M	$24.10	3.97%	$53.52M	61.79x	0.50
SNCE	SCIENCE 37 HOLDINGS INC	NASDAQ	Health Information Services	$30.36M	$0.26	12.07%	-$105.16M	-0.25x	0.30
ICAD	ICAD INC	NASDAQ	Health Information Services	$33.08M	$1.30	4.00%	-$12.62M	-2.41x	0.50
CCLD	CARECLOUD INC	NASDAQ	Health Information Services	$45.84M	$2.94	3.16%	$20.10M	-3.92x	0.34
ZCMD	ZHONGCHAO INC	NASDAQ	Health Information Services	$240.19M	$1.04	2.67%	-$1.94M	-9.18x	0.19
AGTI	AGILITI INC	NYSE	Health Information Services	$2.31B	$17.20	4.81%	$238.48M	172.00x	1.58
WGS	GENEDX HOLDINGS CORP	NASDAQ	Health Information Services	$165.06M	$6.45	-7.86%	-$514.76M	-0.14x	0.66
EVH	EVOLENT HEALTH INC	NYSE	Health Information Services	$3.50B	$31.03	4.02%	-$38.97M	-81.66x	1.16
PHR	PHREESIA INC	NYSE	Health Information Services	$1.75B	$32.65	5.73%	-$135.92M	-10.64x	0.34
SY	SO-YOUNG INTERNATIONAL INC	NASDAQ	Health Information Services	$222.97M	$2.20	1.85%	N/A	-157.14x	0.23
OMCL	OMNICELL INC	NASDAQ	Health Information Services	$3.34B	$73.98	1.45%	$68.59M	-194.68x	0.97
DH	DEFINITIVE HEALTHCARE CORP	NASDAQ	Health Information Services	$1.75B	$10.92	5.00%	$37.53M	-121.33x	0.65
AMWL	AMERICAN WELL CORP	NYSE	Health Information Services	$685.32M	$2.44	6.55%	-$569.29M	-1.14x	0.20
HCAT	HEALTH CATALYST INC	NASDAQ	Health Information Services	$675.12M	$12.00	6.48%	-$99.75M	-4.40x	0.86
GDRX	GOODRX HOLDINGS INC	NASDAQ	Health Information Services	$2.14B	$5.39	0.37%	$69.34M	-44.92x	0.95
HLTH	CUE HEALTH INC	NASDAQ	Health Information Services	$90.97M	$0.60	-16.08%	-$244.83M	-0.31x	0.23
TRHC	TABULA RASA HEALTHCARE INC	NASDAQ	Health Information Services	$149.56M	$5.57	2.39%	-$103.10M	-1.01x	-6.02
BBLN	BABYLON HOLDINGS LTD	NYSE	Health Information Services	$15.34M	$0.60	1.53%	-$154.65M	-0.07x	-1.66
KERN	AKERNA CORP	NASDAQ	Health Information Services	$4.10M	$0.71	1.43%	-$52.70M	-0.03x	-2.21
FORA	FORIAN INC	NASDAQ	Health Information Services	$83.41M	$2.56	3.23%	-$4.19M	-10.24x	1.73
HQY	HEALTHEQUITY INC	NASDAQ	Health Information Services	$5.02B	$59.26	6.53%	$171.53M	-191.16x	0.63
CMAX	CAREMAX INC	NASDAQ	Health Information Services	$395.38M	$3.55	16.78%	-$70.42M	-3.66x	1.03
STRM	STREAMLINE HEALTH SOLUTIONS INC	NASDAQ	Health Information Services	$89.09M	$1.52	1.33%	-$6.25M	-6.61x	0.73
WORX	SCWORX CORP	NASDAQ	Health Information Services	$3.32M	$0.26	0.00%	-$1.62M	-2.13x	0.42
UPH	UPHEALTH INC	NYSE	Health Information Services	$25.68M	$1.53	-4.38%	-$172.17M	-0.11x	2.30
AUGX	AUGMEDIX INC	NASDAQ	Health Information Services	$169.21M	$4.16	9.19%	-$20.49M	-6.50x	-11.37
NXGN	NEXTGEN HEALTHCARE INC	NASDAQ	Health Information Services	$1.07B	$16.19	3.85%	$50.01M	-404.75x	1.24
UTRS	MINERVA SURGICAL INC	NASDAQ	Health Information Services	$51.81M	$0.29	46.50%	-$19.58M	-0.32x	1.50
TDOC	TELADOC HEALTH INC	NYSE	Health Information Services	$4.01B	$24.48	2.73%	-$6.78B	-0.56x	0.88
NUTX	NUTEX HEALTH INC	NASDAQ	Health Information Services	$296.77M	$0.45	5.61%	-$409.22M	-0.66x	3.46
HCTI	HEALTHCARE TRIANGLE INC	NASDAQ	Health Information Services	$13.52M	$3.16	5.69%	-$7.02M	-1.09x	1.03
ACON	ACLARION INC	NASDAQ	Health Information Services	$8.02M	$1.02	-0.97%	-$5.90M	-0.78x	0.79
EUDA	EUDA HEALTH HOLDINGS LTD	NASDAQ	Health Information Services	$27.08M	$1.45	2.84%	-$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	$0.58	1.58%	N/A	N/A	6.62

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.