Sectors & Industries HealthcareHealth 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...

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue

Ticker	Company	Market Cap	Revenue	EBITDA	Earnings	EPS	Revenue Growth Y/Y	Revenue Growth 5Y	Earnings Growth Y/Y	Earnings Growth 5Y	Earnings Date
PGNY	PROGYNY INC	$3.14B	$1.09B	$69.67M	$62.04M	$0.65	38.34%	59.52%	96.97%	74.65%
SLP	SIMULATIONS PLUS INC	$966.07M	$64.67M	$16.85M	$10.52M	$0.53	18.86%	15.66%	1.92%	4.27%	2024-07-04
VEEV	VEEVA SYSTEMS INC	$32.89B	$2.36B	$632.34M	$525.71M	$3.27	9.68%	22.35%	4.14%	15.51%	2024-06-12
DOCS	DOXIMITY INC	$4.43B	$468.33M	$186.53M	$137.63M	$0.72	16.58%	N/A	14.29%	N/A	2024-05-16
TALK	TALKSPACE INC	$483.60M	$162.13M	-$14.76M	-$11.89M	-$0.08	32.07%	N/A	N/A	N/A
PRVA	PRIVIA HEALTH GROUP INC	$2.15B	$1.69B	$25.81M	$18.74M	$0.17	18.02%	N/A	30.77%	N/A
SY	SO-YOUNG INTERNATIONAL INC	$129.42M	$207.20M	$13.14M	$2.94M	$0.03	17.08%	18.79%	N/A	N/A	2024-05-20
HSTM	HEALTHSTREAM INC	$825.30M	$282.88M	$63.40M	$17.82M	$0.58	4.61%	3.18%	48.72%	5.68%	2024-05-30
SPOK	SPOK HOLDINGS INC	$307.94M	$140.75M	$26.75M	$16.79M	$0.84	5.13%	-3.49%	-48.78%	N/A
FORA	FORIAN INC	$87.17M	$20.48M	$12.12M	$11.11M	$0.34	24.75%	30.95%	N/A	N/A	2024-06-12
HQY	HEALTHEQUITY INC	$6.67B	$999.59M	$283.57M	$55.71M	$0.65	16.00%	28.33%	N/A	-11.54%	2024-06-21
AKLI	AKILI INC	$34.86M	$1.68M	-$56.09M	-$59.49M	-$0.76	419.50%	N/A	N/A	N/A
SOPH	SOPHIA GENETICS SA	$315.11M	$64.18M	-$65.53M	-$72.98M	-$1.12	26.68%	N/A	N/A	N/A	2024-05-14
ACCD	ACCOLADE INC	$571.22M	$414.29M	-$59.36M	-$99.81M	-$1.33	14.09%	34.30%	N/A	N/A
NRC	NATIONAL RESEARCH CORP	$686.47M	$147.42M	$46.32M	$30.37M	$1.25	-1.46%	4.18%	2.46%	0.49%
HLTH	CUE HEALTH INC	$20.61M	$70.94M	-$301.91M	-$373.46M	-$2.44	-85.33%	N/A	N/A	N/A	2024-05-13
OPRX	OPTIMIZERX CORP	$198.39M	$71.52M	-$21.31M	-$17.57M	-$1.03	14.53%	27.52%	N/A	N/A	2024-06-05
TXG	10X GENOMICS INC	$3.16B	$625.45M	-$210.40M	-$264.30M	-$2.23	16.64%	N/A	N/A	N/A	2024-06-11
NUTX	NUTEX HEALTH INC	$32.81M	$258.77M	-$9.27M	-$41.00M	-$1.06	31.69%	177.42%	N/A	N/A	2024-06-28
OTRK	ONTRAK INC	$12.39M	$12.74M	-$14.42M	-$36.87M	-$3.30	-12.20%	-3.44%	N/A	N/A	2024-05-14
PINC	PREMIER INC	$2.07B	$1.34B	$246.87M	$80.33M	$0.65	0.00%	9.25%	-58.06%	N/A
SDGR	SCHRODINGER INC	$1.68B	$188.48M	-$151.70M	-$143.14M	-$1.99	-4.36%	N/A	N/A	N/A	2024-06-18
GDRX	GOODRX HOLDINGS INC	$2.60B	$764.16M	$111.99M	-$6.59M	-$0.01	2.27%	N/A	N/A	N/A	2024-05-15
AUGX	AUGMEDIX INC	$121.61M	$44.86M	-$14.63M	-$19.17M	-$0.44	45.01%	32.91%	N/A	N/A	2024-05-13
ZCMD	ZHONGCHAO INC	$3.70M	$19.43M	-$11.08M	-$11.34M	-$4.35	37.33%	8.60%	N/A	N/A
LFMD	LIFEMD INC	$393.30M	$163.56M	-$12.79M	-$26.46M	-$0.74	32.85%	78.77%	N/A	N/A	2024-05-29
SHCR	SHARECARE INC	$247.53M	$419.82M	-$65.30M	-$128.93M	-$0.36	-8.34%	N/A	N/A	N/A	2024-06-13
HCAT	HEALTH CATALYST INC	$390.62M	$295.94M	-$81.68M	-$118.15M	-$2.09	7.13%	21.33%	N/A	N/A	2024-06-13
EVH	EVOLENT HEALTH INC	$3.11B	$1.96B	-$24.79M	-$142.26M	-$1.28	45.26%	25.65%	N/A	N/A
AMWL	AMERICAN WELL CORP	$151.79M	$254.57M	-$313.42M	-$349.58M	-$1.23	-8.08%	N/A	N/A	N/A	2024-06-18
PHR	PHREESIA INC	$1.24B	$356.30M	-$107.36M	-$136.89M	-$2.51	26.84%	28.96%	N/A	N/A	2024-05-30
AONC	AMERICAN ONCOLOGY NETWORK INC	$130.65M	$1.28B	-$39.93M	-$5.54M	-$1.36	11.27%	N/A	N/A	N/A
RCM	R1 RCM INC	$5.17B	$2.31B	$424.80M	-$33.40M	-$0.07	17.61%	18.32%	N/A	N/A
WGS	GENEDX HOLDINGS CORP	$531.20M	$221.85M	-$104.53M	-$135.02M	-$5.18	-0.91%	N/A	N/A	N/A	2024-06-20
CMAX	CAREMAX INC	$11.45M	$810.36M	-$539.37M	-$644.67M	-$172.60	21.46%	N/A	N/A	N/A	2024-06-11
ATPC	AGAPE ATP CORP	$21.94M	$1.43M	-$1.88M	-$2.10M	-$0.03	-22.92%	15.89%	N/A	N/A
RNLX	RENALYTIX PLC	$31.63M	$2.41M	-$41.25M	-$41.85M	-$0.90	-36.65%	N/A	N/A	N/A	2024-05-15
TDOC	TELADOC HEALTH INC	$2.08B	$2.62B	$170.72M	-$233.03M	-$1.41	6.01%	41.80%	N/A	N/A	2024-05-23
DH	DEFINITIVE HEALTHCARE CORP	$815.30M	$255.69M	-$151.57M	-$199.84M	-$1.73	10.34%	N/A	N/A	N/A
OMCL	OMNICELL INC	$1.39B	$1.10B	$60.77M	-$21.05M	-$0.46	-13.02%	6.44%	N/A	N/A
BFRG	BULLFROG AI HOLDINGS INC	$23.39M	$65.00k	-$5.28M	-$5.36M	-$0.89	550.00%	N/A	N/A	N/A
CERT	CERTARA INC	$2.74B	$360.69M	$19.12M	-$61.40M	-$0.39	4.73%	N/A	N/A	N/A
MGRX	MANGOCEUTICALS INC	$6.38M	$731.49k	-$9.19M	-$9.21M	-$0.57	8,083.16%	N/A	N/A	N/A
SHLT	SHL TELEMEDICINE LTD	$67.13M	$57.08M	$3.32M	-$7.06M	-$0.43	-3.26%	N/A	N/A	N/A
GEHC	GE HEALTHCARE TECHNOLOGIES INC	$37.76B	$19.50B	$3.40B	$1.57B	$3.46	4.22%	N/A	-8.22%	N/A
ICCT	ICORECONNECT INC	$12.38M	$8.15M	-$13.17M	-$15.92M	-$2.17	2.05%	49.57%	N/A	N/A	2024-06-14
ACON	ACLARION INC	$2.15M	$75.40k	-$4.14M	-$4.91M	-$8.82	24.75%	N/A	N/A	N/A
CCLD	CARECLOUD INC	$21.12M	$117.06M	-$30.80M	-$64.35M	-$4.11	-15.68%	18.29%	N/A	N/A	2024-05-14
WORX	SCWORX CORP	$2.74M	$3.92M	-$1.66M	-$1.67M	-$0.80	-7.94%	8.29%	N/A	N/A	2024-05-15
STRM	STREAMLINE HEALTH SOLUTIONS INC	$21.96M	$22.60M	-$13.34M	-$18.70M	-$0.33	-9.21%	0.21%	N/A	N/A	2024-06-14
FOXO	FOXO TECHNOLOGIES INC	$2.48M	$453.00k	-$67.02M	-$73.13M	-$13.95	277.50%	N/A	N/A	N/A	2024-05-24
TBRG	TRUBRIDGE INC	$122.01M	$339.44M	-$13.79M	-$45.79M	-$3.15	3.91%	3.89%	N/A	N/A
BEAT	HEARTBEAM INC	$52.92M	$0.00	-$15.11M	-$15.11M	-$0.59	N/A	N/A	N/A	N/A
EUDA	EUDA HEALTH HOLDINGS LTD	$45.56M	$3.71M	-$9.90M	-$10.04M	-$0.44	-1.54%	N/A	N/A	N/A
MPLN	MULTIPLAN CORP	$464.95M	$959.44M	$90.63M	-$631.60M	-$0.98	-5.78%	N/A	N/A	N/A	2024-05-21
BTSG	BRIGHTSPRING HEALTH SERVICES INC	$1.97B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ONMD	ONEMEDNET CORP	$12.40M	$1.02M	-$22.43M	-$23.21M	-$0.98	-11.37%	N/A	N/A	N/A
LIFW	MSP RECOVERY INC	$120.37M	$7.71M	$233.09M	-$56.35M	-$6.32	-67.10%	N/A	N/A	N/A
HCTI	HEALTHCARE TRIANGLE INC	$5.12M	$33.20M	-$4.10M	-$12.34M	-$2.92	-27.64%	N/A	N/A	N/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 64, which is 39 points higher than the health information service industry average of 25. It passed 21 out of 33 due diligence checks and has strong fundamentals. Progyny has seen its stock lose -14.02% over the past year, overperforming other health information service stocks by 8 percentage points.

Progyny has an average 1 year price target of $47.67, an upside of 46.67% from Progyny's current stock price of $32.50.

Progyny stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Progyny, 66.67% have issued a Strong Buy rating, 33.33% 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 16.88% over the past year, overperforming other health information service stocks by 39 percentage points.

Simulations Plus has an average 1 year price target of $51.00, an upside of 5.5% from Simulations Plus's current stock price of $48.34.

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 16.37% 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 17.5% from Veeva Systems's current stock price of $203.91.

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 8.22%, which is 5 percentage points higher than the health information service industry average of 3.31%. 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. National Research (NASDAQ:NRC)

National Research (NASDAQ:NRC) has an annual dividend yield of 5.15%, which is 2 percentage points higher than the health information service industry average of 3.31%. 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.

3. So Young International (NASDAQ:SY)

So Young International (NASDAQ:SY) has an annual dividend yield of 4.55%, which is 1 percentage points higher than the health information service industry average of 3.31%.

So Young International's dividend payout ratio of 208.6% 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 0.16% in the last day, and down -0.86% over the last week. Nutex Health was the among the top gainers in the health information services industry, gaining 2.01% yesterday.

Nutex Health shares are trading lower after the company reported a year-over-year increase in Q1 EPS results and better-than-expected sales results.

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. Definitive Healthcare (NASDAQ:DH)

Definitive Healthcare (NASDAQ:DH) is the 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 -46.97% in the past year. It has underperformed other stocks in the health information service industry by -25 percentage points.

2. Forian (NASDAQ:FORA)

Forian (NASDAQ:FORA) is the second most undervalued health information service stock based on WallStreetZen's Valuation Score. Forian 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.

Forian's stock has gained 8.95% in the past year. It has overperformed other stocks in the health information service industry by 31 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 -64.48% in the past year. It has underperformed other stocks in the health information service industry by -42 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 35.3% 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 11.32x.

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.