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Best Health Information Service Stocks to Buy Now (2024)
Top health information service stocks in 2024 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
PGNY
PROGYNY INC
NASDAQ
Health Information Services
$2.67B$28.091.96%$76.22M43.22x0.39
SLP
SIMULATIONS PLUS INC
NASDAQ
Health Information Services
$1.02B$50.951.48%$16.85M96.13x0.10
VEEV
VEEVA SYSTEMS INC
NYSE
Health Information Services
$33.92B$210.270.30%$632.34M64.30x0.27
DOCS
DOXIMITY INC
NYSE
Health Information Services
$5.23B$28.0318.07%$186.53M38.93x0.16
AKLI
AKILI INC
NASDAQ
Health Information Services
$33.53M$0.43-1.39%-$45.35M-0.70x0.34
PRVA
PRIVIA HEALTH GROUP INC
NASDAQ
Health Information Services
$2.02B$16.90-0.59%$25.81M99.41x0.71
TALK
TALKSPACE INC
NASDAQ
Health Information Services
$466.63M$2.75-1.79%-$14.76M-34.38x0.16
SY
SO-YOUNG INTERNATIONAL INC
NASDAQ
Health Information Services
$120.60M$1.23-0.81%$13.14M42.41x0.27
HSTM
HEALTHSTREAM INC
NASDAQ
Health Information Services
$832.60M$27.390.22%$63.40M47.22x0.48
SPOK
SPOK HOLDINGS INC
NASDAQ
Health Information Services
$319.27M$15.773.00%$26.75M18.77x0.34
FORA
FORIAN INC
NASDAQ
Health Information Services
$82.83M$2.66-1.85%$4.45M24.18x1.17
SOPH
SOPHIA GENETICS SA
NASDAQ
Health Information Services
$296.80M$4.54-1.52%-$65.53M-4.05x0.36
OTRK
ONTRAK INC
NASDAQ
Health Information Services
$12.23M$0.26-8.60%-$12.66M-0.22x0.26
ACCD
ACCOLADE INC
NASDAQ
Health Information Services
$586.11M$7.482.05%-$59.36M-5.62x0.77
HQY
HEALTHEQUITY INC
NASDAQ
Health Information Services
$6.82B$79.211.03%$283.57M121.86x0.56
NRC
NATIONAL RESEARCH CORP
NASDAQ
Health Information Services
$740.20M$31.00-2.64%$46.32M24.80x2.27
PINC
PREMIER INC
NASDAQ
Health Information Services
$2.06B$19.66-0.61%$246.87M30.25x0.75
SDGR
SCHRODINGER INC
NASDAQ
Health Information Services
$1.65B$22.76-0.61%-$151.70M-11.44x0.44
TXG
10X GENOMICS INC
NASDAQ
Health Information Services
$2.99B$25.01-2.27%-$210.40M-11.22x0.28
HLTH
CUE HEALTH INC
NASDAQ
Health Information Services
$15.22M$0.10-18.64%-$301.91M-0.04x0.36
BFRG
BULLFROG AI HOLDINGS INC
NASDAQ
Health Information Services
$22.37M$2.85-1.72%-$5.91M-3.24x0.12
ZCMD
ZHONGCHAO INC
NASDAQ
Health Information Services
$3.93M$1.514.14%-$11.08M-0.35x0.19
OPRX
OPTIMIZERX CORP
NASDAQ
Health Information Services
$231.84M$12.69-1.25%-$19.32M-12.32x0.44
LFMD
LIFEMD INC
NASDAQ
Health Information Services
$328.59M$7.770.65%-$12.79M-10.50x-71.17
SHCR
SHARECARE INC
NASDAQ
Health Information Services
$310.22M$0.869.18%-$65.30M-2.38x0.28
AMWL
AMERICAN WELL CORP
NYSE
Health Information Services
$144.97M$0.490.62%-$313.42M-0.40x0.31
EVH
EVOLENT HEALTH INC
NYSE
Health Information Services
$2.68B$23.07-1.03%$53.37M-18.31x1.15
WEAV
WEAVE COMMUNICATIONS INC
NYSE
Health Information Services
$637.97M$8.97-1.75%-$12.49M-20.86x1.59
PHR
PHREESIA INC
NYSE
Health Information Services
$1.37B$24.311.08%-$107.36M-9.69x0.47
AUGX
AUGMEDIX INC
NASDAQ
Health Information Services
$59.25M$1.21-1.63%-$15.53M-2.81x2.35
CCLD
CARECLOUD INC
NASDAQ
Health Information Services
$45.46M$2.8212.35%-$29.81M-0.73x0.86
GDRX
GOODRX HOLDINGS INC
NASDAQ
Health Information Services
$2.81B$7.48-7.20%$111.99M-748.00x1.30
NUTX
NUTEX HEALTH INC
NASDAQ
Health Information Services
$35.40M$0.71-3.39%-$9.27M-0.67x5.15
WGS
GENEDX HOLDINGS CORP
NASDAQ
Health Information Services
$585.31M$22.39-6.79%-$104.53M-4.32x0.90
CMAX
CAREMAX INC
NASDAQ
Health Information Services
$10.99M$2.894.33%-$539.37M-0.02x29.10
RCM
R1 RCM INC
NASDAQ
Health Information Services
$5.24B$12.430.97%$424.80M-177.57x1.05
HCAT
HEALTH CATALYST INC
NASDAQ
Health Information Services
$410.29M$6.95-1.14%-$67.70M-3.78x0.95
DH
DEFINITIVE HEALTHCARE CORP
NASDAQ
Health Information Services
$867.34M$5.500.00%-$151.57M-3.18x0.72
TDOC
TELADOC HEALTH INC
NYSE
Health Information Services
$2.16B$12.73-1.32%$170.72M-9.03x0.89
RNLX
RENALYTIX PLC
NASDAQ
Health Information Services
$39.60M$0.51-12.90%-$36.96M-0.66x-1.79
MNDR
MOBILE-HEALTH NETWORK SOLUTIONS
NASDAQ
Health Information Services
N/A$2.02-4.72%-$3.01M-0.07x-10.38
SHLT
SHL TELEMEDICINE LTD
NASDAQ
Health Information Services
$83.60M$5.10-5.20%$3.32M-11.86x0.50
OMCL
OMNICELL INC
NASDAQ
Health Information Services
$1.40B$30.44-3.85%$60.77M-66.17x0.92
CERT
CERTARA INC
NASDAQ
Health Information Services
$2.59B$16.08-2.37%$19.12M-41.23x0.46
GEHC
GE HEALTHCARE TECHNOLOGIES INC
NASDAQ
Health Information Services
$37.37B$81.860.68%$3.40B23.66x3.32
ICCT
ICORECONNECT INC
NASDAQ
Health Information Services
$11.47M$1.12-2.61%-$15.74M-0.49x2.32
WORX
SCWORX CORP
NASDAQ
Health Information Services
$2.58M$2.13-2.74%-$1.66M-2.66x0.43
FOXO
FOXO TECHNOLOGIES INC
NYSEMKT
Health Information Services
$2.66M$0.30-5.41%-$67.02M-0.02x-1.28
ACON
ACLARION INC
NASDAQ
Health Information Services
$2.67M$0.33-0.91%-$5.02M-0.05x0.49
OWLT
OWLET INC
NYSE
Health Information Services
$35.74M$3.95-1.00%-$15.16M-1.39x-1.99
BEAT
HEARTBEAM INC
NASDAQ
Health Information Services
$54.50M$2.07-1.90%-$15.11M-3.51x0.09
STRM
STREAMLINE HEALTH SOLUTIONS INC
NASDAQ
Health Information Services
$20.65M$0.320.32%-$13.34M-0.96x1.22
MGRX
MANGOCEUTICALS INC
NASDAQ
Health Information Services
$5.98M$0.249.55%-$9.00M-0.51x-1.32
EUDA
EUDA HEALTH HOLDINGS LTD
NASDAQ
Health Information Services
$57.38M$2.331.30%-$9.90M-5.30x-1.17
MPLN
MULTIPLAN CORP
NYSE
Health Information Services
$379.83M$0.59-1.34%$90.63M-0.60x4.44
TBRG
TRUBRIDGE INC
NASDAQ
Health Information Services
$133.71M$8.91-3.68%-$19.44M-2.52x1.26
SOLV
SOLVENTUM CORP
NYSE
Health Information Services
$10.77B$62.381.33%N/AN/A2.82
BTSG
BRIGHTSPRING HEALTH SERVICES INC
NASDAQ
Health Information Services
$1.97B$11.470.61%N/AN/A2.60
LIFW
MSP RECOVERY INC
NASDAQ
Health Information Services
$107.43M$0.77-3.04%$274.74M-0.12x6.83
HCTI
HEALTHCARE TRIANGLE INC
NASDAQ
Health Information Services
$3.61M$0.78-0.64%-$4.10M-0.27x17.68
ONMD
ONEMEDNET CORP
NASDAQ
Health Information Services
$11.09M$0.47-7.19%-$22.43M-0.47x-1.04

Health Information Service Stocks FAQ

What are the best health information service stocks to buy right now in May 2024?

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

1. Progyny (NASDAQ:PGNY)


Progyny (NASDAQ:PGNY) is the top health information service stock with a Zen Score of 57, which is 32 points higher than the health information service industry average of 25. It passed 19 out of 33 due diligence checks and has strong fundamentals. Progyny has seen its stock lose -20.85% over the past year, underperforming other health information service stocks by -1 percentage points.

Progyny has an average 1 year price target of $42.40, an upside of 50.94% from Progyny's current stock price of $28.09.

Progyny stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Progyny, 80% have issued a Strong Buy rating, 20% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Simulations Plus (NASDAQ:SLP)


Simulations Plus (NASDAQ:SLP) is the second best health information service stock with a Zen Score of 55, which is 30 points higher than the health information service industry average of 25. It passed 21 out of 38 due diligence checks and has strong fundamentals. Simulations Plus has seen its stock return 22.59% over the past year, overperforming other health information service stocks by 42 percentage points.

Simulations Plus has an average 1 year price target of $51.00, an upside of 0.1% from Simulations Plus's current stock price of $50.95.

Simulations Plus stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Simulations Plus, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Veeva Systems (NYSE:VEEV)


Veeva Systems (NYSE:VEEV) is the third best health information service stock with a Zen Score of 48, which is 23 points higher than the health information service industry average of 25. It passed 16 out of 33 due diligence checks and has strong fundamentals. Veeva Systems has seen its stock return 26.56% over the past year, overperforming other health information service stocks by 46 percentage points.

Veeva Systems has an average 1 year price target of $239.59, an upside of 13.94% from Veeva Systems's current stock price of $210.27.

Veeva Systems stock has a consensus Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Veeva Systems, 41.18% have issued a Strong Buy rating, 29.41% have issued a Buy, 23.53% have issued a hold, while 0% have issued a Sell rating, and 5.88% have issued a Strong Sell.

What are the health information service stocks with highest dividends?

Out of 6 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. Spok Holdings (NASDAQ:SPOK)


Spok Holdings (NASDAQ:SPOK) has an annual dividend yield of 7.93%, which is 5 percentage points higher than the health information service industry average of 3.26%. Spok Holdings's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Spok Holdings's dividend has shown consistent growth over the last 10 years.

Spok Holdings's dividend payout ratio of 148.8% indicates that its high dividend yield might not be sustainable for the long-term.

2. So Young International (NASDAQ:SY)


So Young International (NASDAQ:SY) has an annual dividend yield of 4.88%, which is 2 percentage points higher than the health information service industry average of 3.26%.

So Young International's dividend payout ratio of 208.6% indicates that its high dividend yield might not be sustainable for the long-term.

3. National Research (NASDAQ:NRC)


National Research (NASDAQ:NRC) has an annual dividend yield of 4.77%, which is 2 percentage points higher than the health information service industry average of 3.26%. National Research's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. National Research's dividend has not shown consistent growth over the last 10 years.

National Research's dividend payout ratio of 118.4% indicates that its high dividend yield might not be sustainable for the long-term.

Why are health information service stocks up?

Health information service stocks were up 0.25% in the last day, and up 2.04% over the last week. Doximity was the among the top gainers in the health information services industry, gaining 18.07% yesterday.

Doximity shares are trading higher following better-than-expected Q4 financial results and issued Q1 2025 revenue guidance above estimates. Also, Evercore ISI Group maintained an In-Line rating and raised its price target from $28 to $29.

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. Premier (NASDAQ:PINC)


Premier (NASDAQ:PINC) is the most undervalued health information service stock based on WallStreetZen's Valuation Score. Premier has a valuation score of 57, which is 43 points higher than the health information service industry average of 14. It passed 4 out of 7 valuation due diligence checks.

Premier's stock has dropped -26.91% in the past year. It has underperformed other stocks in the health information service industry by -7 percentage points.

2. Definitive Healthcare (NASDAQ:DH)


Definitive Healthcare (NASDAQ:DH) is the second most undervalued health information service stock based on WallStreetZen's Valuation Score. Definitive Healthcare has a valuation score of 43, which is 29 points higher than the health information service industry average of 14. It passed 3 out of 7 valuation due diligence checks.

Definitive Healthcare's stock has dropped -38.89% in the past year. It has underperformed other stocks in the health information service industry by -19 percentage points.

3. Akili (NASDAQ:AKLI)


Akili (NASDAQ:AKLI) is the third most undervalued health information service stock based on WallStreetZen's Valuation Score. Akili has a valuation score of 43, which is 29 points higher than the health information service industry average of 14. It passed 3 out of 7 valuation due diligence checks.

Akili's stock has dropped -69.57% in the past year. It has underperformed other stocks in the health information service industry by -50 percentage points.

Are health information service stocks a good buy now?

47.37% 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 26.88% 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 9.15x.
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.