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Sectors & IndustriesHealthcareHealth Information Services
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
Price
Valuation Score
Graham Fair Value
Graham Fair Value %
P/E
Forward P/E
P/S
P/B
PEG
Free Cash Flow
Free Cash Flow Yield
Book Value
BVPS
EV
EV/EBITDA
PGNY
PROGYNY INC
$33.06$8.17304.51%50.86x40.81x2.89x5.76x2.51x$185.17M5.90%$553.43M5.82$3.11B44.64
SLP
SIMULATIONS PLUS INC
$48.54$9.50410.74%91.58x52.76x15.00x5.48x2.58x$13.75M1.42%$177.04M8.86$934.07M55.45
VEEV
VEEVA SYSTEMS INC
$205.31$45.46351.65%62.79x48.19x13.94x7.13x2.61x$885.14M2.69%$4.64B28.93$32.47B51.35
PRVA
PRIVIA HEALTH GROUP INC
$19.25$4.73307.32%96.25x74.04x1.36x4.07x1.86x$80.67M3.59%$561.44M4.81$1.90B65.04
DOCS
DOXIMITY INC
$24.37$12.3796.94%33.85x23.21x9.69x5.26x1.01x$161.60M3.56%$864.61M4.64$4.44B23.79
TALK
TALKSPACE INC
$2.69N/AN/A-22.42x-6.40x2.96x3.83xN/A-$16.53M-3.72%$118.65M0.72$330.44M-15.01
SPOK
SPOK HOLDINGS INC
$14.58N/AN/A17.36xN/A2.09x1.84xN/A$21.93M7.46%$160.17M7.94$282.25M10.55
SY
SO-YOUNG INTERNATIONAL INC
$1.30N/AN/A44.66xN/A0.63x0.38xN/A-$3.92M-3.01%$338.05M3.35-$38.43M-2.92
HSTM
HEALTHSTREAM INC
$26.94$4.02569.47%46.45xN/A2.89x2.37x11.22x$37.05M4.54%$344.85M11.38$786.00M12.40
RCM
R1 RCM INC
$12.45$2.09495.99%1,245.00x11.75x2.31x1.90x2.14x$237.60M4.56%$2.75B6.57$6.79B15.52
FORA
FORIAN INC
$2.60N/AN/A7.65xN/A4.07x3.09xN/A$653.33k0.77%$26.18M0.82$99.78M8.23
PINC
PREMIER INC
$19.41$29.76-34.77%29.86x7.49x1.61x1.06x0.26x$212.17M9.84%$1.92B17.30$2.72B11.01
AKLI
AKILI INC
$0.41N/AN/A-0.54xN/A19.38x0.55xN/A-$58.01M-182.31%$58.53M0.75-$28.02M0.50
SOPH
SOPHIA GENETICS SA
$4.97N/AN/A-4.44x-4.97x5.06x2.46xN/A-$48.65M-14.97%$132.23M2.02$238.62M-3.64
NUTX
NUTEX HEALTH INC
$0.61N/AN/A-0.58xN/A0.12x0.49xN/A-$8.24M-27.26%$61.45M1.24$284.02M-16.89
ACCD
ACCOLADE INC
$7.44N/AN/A-5.59x-4.30x1.35x1.31xN/A-$28.65M-5.13%$445.47M5.95$638.47M-10.76
HQY
HEALTHEQUITY INC
$80.38$22.54256.56%123.66x45.41x6.88x3.40x1.48x$200.01M2.91%$2.04B23.78$7.45B26.29
OPRX
OPTIMIZERX CORP
$10.79N/AN/A-10.48x-83.00x2.58x1.55xN/A-$8.10M-4.38%$126.55M7.39$219.18M-10.29
HLTH
CUE HEALTH INC
$0.14N/AN/A-0.06x-0.08x0.29x0.09xN/A-$157.61M-763.70%$250.25M1.64-$12.35M0.04
TXG
10X GENOMICS INC
$26.14N/AN/A-11.72x-118.82x4.99x4.35xN/A-$73.75M-2.36%$718.83M6.02$2.87B-13.62
SDGR
SCHRODINGER INC
$23.72N/AN/A-11.92x40.20x9.10x3.36xN/A-$158.83M-9.26%$513.71M7.11$1.71B-11.31
OTRK
ONTRAK INC
$0.27N/AN/A-0.08xN/A0.23x0.89xN/A-$15.78M-531.58%$14.27M1.28$4.67M-0.32
HCAT
HEALTH CATALYST INC
$6.78N/AN/A-3.24x-5.34x1.29x1.08xN/A-$46.24M-12.09%$366.92M6.50$539.85M-6.61
NRC
NATIONAL RESEARCH CORP
$35.63$7.92349.75%28.28xN/A5.88x17.36x12.39x$22.34M2.55%$48.96M2.00$879.96M18.83
LFMD
LIFEMD INC
$12.38N/AN/A-17.69xN/A2.75x142.56xN/A$235.82k0.06%$3.51M0.10$485.52M-44.25
ZCMD
ZHONGCHAO INC
$1.45N/AN/A-0.33xN/A0.19x0.21xN/A-$753.87k-20.00%$18.01M6.92-$2.96M0.27
AUGX
AUGMEDIX INC
$2.72N/AN/A-6.18xN/A2.66x5.68xN/A-$18.55M-15.51%$23.32M0.53$112.08M-7.66
CMAX
CAREMAX INC
$3.25N/AN/A-0.02xN/A0.02x0.20xN/A-$61.52M-507.82%$61.44M16.48$438.77M-0.74
EVH
EVOLENT HEALTH INC
$27.61N/AN/A-21.57x162.41x1.56x2.98xN/A$113.84M3.71%$1.07B9.60$3.64B-146.82
AMWL
AMERICAN WELL CORP
$0.56N/AN/A-0.45x-0.99x0.64x0.40xN/A-$190.32M-117.27%$408.74M1.40-$133.67M0.43
SHLT
SHL TELEMEDICINE LTD
$4.55N/AN/A-10.58xN/A1.31x1.01xN/A-$6.99M-9.36%$73.53M4.49$87.75M26.45
PHR
PHREESIA INC
$22.60N/AN/A-9.00x-8.93x3.46x5.07xN/A-$57.48M-4.66%$251.45M4.61$1.20B-11.17
AONC
AMERICAN ONCOLOGY NETWORK INC
$3.80N/AN/A-2.79xN/A0.02x-0.84xN/A-$29.70M-116.89%-$161.73M-24.19$234.32M-5.87
WGS
GENEDX HOLDINGS CORP
$19.29N/AN/A-3.72x-1.50x2.27x2.43xN/A-$142.66M-28.38%$207.22M7.95$538.97M-5.16
GDRX
GOODRX HOLDINGS INC
$7.53N/AN/A-376.50x41.83x4.12x3.90xN/A$82.53M2.67%$761.96M1.86$3.01B26.68
ATPC
AGAPE ATP CORP
$0.24N/AN/A-8.00xN/A12.63x4.23xN/A-$2.02M-11.25%$4.37M0.06$14.08M-7.51
GEHC
GE HEALTHCARE TECHNOLOGIES INC
$81.43N/AN/A23.53xN/A1.90x5.02xN/A$1.66B4.48%$7.41B16.25$43.86B12.89
DH
DEFINITIVE HEALTHCARE CORP
$7.25N/AN/A-4.19x16.48x3.33x1.33xN/A$40.92M4.80%$860.29M7.33$1.30B-8.59
RNLX
RENALYTIX PLC
$0.69N/AN/A-0.77x-1.21x13.82x-4.34xN/A-$36.16M-107.53%-$7.96M-0.16$37.39M-0.91
TDOC
TELADOC HEALTH INC
$12.88N/AN/A-9.13x-11.20x0.82x0.95xN/A$199.55M9.24%$2.29B13.65$2.67B15.62
CERT
CERTARA INC
$17.66N/AN/A-45.28x23.24x7.81x2.69xN/A$58.57M2.08%$1.05B6.61$2.92B152.61
SHCR
SHARECARE INC
$0.73N/AN/A-2.02x-18.15x0.57x0.61xN/A-$42.75M-16.67%$430.14M1.22$132.66M-2.12
OMCL
OMNICELL INC
$30.30N/AN/A-65.87x7.06x1.26x1.17xN/A$164.56M11.87%$1.19B25.99$1.48B24.42
MGRX
MANGOCEUTICALS INC
$0.28N/AN/A-0.49xN/A6.22x8.54xN/A-$7.00M-155.00%$774.75k0.05$5.99M-0.65
BFRG
BULLFROG AI HOLDINGS INC
$2.87N/AN/A-3.22xN/A260.91x8.69xN/A-$6.00M-34.56%$2.59M0.43$19.91M-3.77
ICCT
ICORECONNECT INC
$1.21N/AN/A-0.56xN/A1.09x2.76xN/A-$9.68M-108.93%$4.44M0.61$18.94M-1.44
ACON
ACLARION INC
$0.29N/AN/A-0.03xN/A2.11x-2.80xN/A-$3.65M-2,298.25%-$728.00k-1.31$2.13M-0.52
BEAT
HEARTBEAM INC
$2.05N/AN/A-2.85x-34.17xN/A3.39xN/A-$12.35M-29.61%$15.94M0.78$37.79M-2.58
MPLN
MULTIPLAN CORP
$0.65N/AN/A-4.64xN/A0.44x0.25xN/A$62.87M14.92%$1.71B2.65$4.91B7.52
CCLD
CARECLOUD INC
$1.06N/AN/A-0.26x-6.24x0.14x0.41xN/A$3.85M23.21%$41.72M2.66$28.49M-0.92
WORX
SCWORX CORP
$2.33N/AN/A-2.91xN/A10.04x0.46xN/A-$813.55k-2.06%$6.16M0.37$3.05M-1.83
STRM
STREAMLINE HEALTH SOLUTIONS INC
$0.33N/AN/A-1.00xN/A0.83x1.15xN/A-$3.84M-20.61%$18.81M0.33$28.95M-2.17
FOXO
FOXO TECHNOLOGIES INC
$0.27N/AN/A-0.02xN/A5.31x-0.22xN/A-$11.60M-478.60%-$11.10M-1.24$6.39M-0.10
TBRG
TRUBRIDGE INC
$8.15N/AN/A-2.59xN/A0.34x0.63xN/A-$22.35M-19.33%$186.62M13.15$315.88M-22.91
ETAO
ETAO INTERNATIONAL CO LTD
$2.80N/AN/A-0.02xN/A0.24x-0.95xN/A$10.19M72.79%-$15.60M-3.12$16.43M-0.02
BTSG
BRIGHTSPRING HEALTH SERVICES INC
$11.48N/AN/AN/AN/AN/A1.25xN/AN/AN/A$1.57B8.93$4.79BN/A
HCTI
HEALTHCARE TRIANGLE INC
$1.28N/AN/A-0.44xN/A0.16x11.06xN/A-$1.63M-30.00%$538.00k0.13$9.03M-2.20
LIFW
MSP RECOVERY INC
$0.88N/AN/A-0.14xN/A16.00x0.45xN/A-$41.77M-33.86%$272.39M1.95$790.76M3.39
ONMD
ONEMEDNET CORP
$0.63N/AN/A-0.65xN/A14.74x-1.18xN/A$8.18M54.73%-$12.86M-0.55$20.18M-0.90
EUDA
EUDA HEALTH HOLDINGS LTD
$1.75N/AN/AN/AN/AN/A-7.28xN/AN/AN/A-$5.95M-0.30$46.89MN/A

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 67, which is 41 points higher than the health information service industry average of 26. It passed 22 out of 33 due diligence checks and has strong fundamentals. Progyny has seen its stock lose -5.14% over the past year, overperforming other health information service stocks by 17 percentage points.

Progyny has an average 1 year price target of $47.00, an upside of 42.17% from Progyny's current stock price of $33.06.

Progyny stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Progyny, 75% have issued a Strong Buy rating, 25% 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 52, which is 26 points higher than the health information service industry average of 26. It passed 20 out of 38 due diligence checks and has strong fundamentals. Simulations Plus has seen its stock return 20% 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 5.07% from Simulations Plus's current stock price of $48.54.

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 51, which is 25 points higher than the health information service industry average of 26. It passed 17 out of 33 due diligence checks and has strong fundamentals. Veeva Systems has seen its stock return 15.67% over the past year, overperforming other health information service stocks by 38 percentage points.

Veeva Systems has an average 1 year price target of $239.59, an upside of 16.7% from Veeva Systems's current stock price of $205.31.

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 8.57%, which is 5 percentage points higher than the health information service industry average of 3.24%. 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 4.63%, which is 1 percentage points higher than the health information service industry average of 3.24%.

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. Premier (NASDAQ:PINC)


Premier (NASDAQ:PINC) has an annual dividend yield of 4.33%, which is 1 percentage points higher than the health information service industry average of 3.24%.

Premier's dividend payout ratio of 129.2% indicates that its 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 2.83% 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. 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 71, which is 54 points higher than the health information service industry average of 17. It passed 5 out of 7 valuation due diligence checks.

Premier's stock has dropped -26.59% in the past year. It has underperformed other stocks in the health information service industry by -4 percentage points.

2. So Young International (NASDAQ:SY)


So Young International (NASDAQ:SY) is the second most undervalued health information service stock based on WallStreetZen's Valuation Score. So Young International has a valuation score of 57, which is 40 points higher than the health information service industry average of 17. It passed 4 out of 7 valuation due diligence checks.

So Young International's stock has dropped -53.58% in the past year. It has underperformed other stocks in the health information service industry by -31 percentage points.

3. Spok Holdings (NASDAQ:SPOK)


Spok Holdings (NASDAQ:SPOK) is the third most undervalued health information service stock based on WallStreetZen's Valuation Score. Spok Holdings has a valuation score of 57, which is 40 points higher than the health information service industry average of 17. It passed 4 out of 7 valuation due diligence checks.

Spok Holdings's stock has gained 13.37% in the past year. It has overperformed other stocks in the health information service industry by 36 percentage points.

Are health information service stocks a good buy now?

43.24% 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 33.53% 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 76.85x.
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.