Sectors & Industries HealthcareHealth 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...

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

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
PGNY	PROGYNY INC	United States	$3.48B	95,836,228	73.08%	26.92%	Net Selling	Net Selling
SDGR	SCHRODINGER INC	United States	$2.32B	72,032,765	77.24%	22.76%	Net Selling	Net Buying
SPOK	SPOK HOLDINGS INC	United States	$301.52M	19,981,238	26.93%	73.07%	Net Buying	Net Selling
PINC	PREMIER INC	United States	$2.52B	119,672,451	71.95%	2.23%	Net Selling
SLP	SIMULATIONS PLUS INC	United States	$790.36M	19,938,382	57.65%	42.35%	Net Selling	Net Selling
VEEV	VEEVA SYSTEMS INC	United States	$27.85B	161,015,649	80.24%	12.81%	Net Selling	Net Selling
HQY	HEALTHEQUITY INC	United States	$5.81B	85,801,144	61.63%	38.37%	Net Selling	Net Selling
GDRX	GOODRX HOLDINGS INC	United States	$2.41B	406,131,956	33.89%	10.22%	Net Selling	Net Selling
AKLI	AKILI INC	United States	$31.32M	78,309,752	43.97%	56.03%	Net Selling	Net Selling
OPRX	OPTIMIZERX CORP	United States	$178.08M	18,152,478	54.08%	45.92%	Net Selling	Net Selling
ACCD	ACCOLADE INC	United States	$704.39M	76,232,192	67.01%	32.99%	Net Buying	Net Buying
FORA	FORIAN INC	United States	$75.27M	30,975,511	13.45%	56.89%	Net Buying	Net Buying
PRVA	PRIVIA HEALTH GROUP INC	United States	$2.49B	118,064,379	43.11%	56.89%	Net Selling	Net Selling
SOPH	SOPHIA GENETICS SA	Switzerland	$270.95M	65,132,006	26.01%	0.00%
TALK	TALKSPACE INC	United States	$382.65M	167,095,019	47.18%	30.62%	Net Buying	Net Buying
SY	SO-YOUNG INTERNATIONAL INC	China	$124.07M	75,742,584	11.14%	0.00%
SHCR	SHARECARE INC	United States	$341.15M	352,423,864	35.10%	17.16%	Net Selling	Net Selling
HCAT	HEALTH CATALYST INC	United States	$443.14M	57,550,324	75.45%	24.55%	Net Selling	Net Selling
DOCS	DOXIMITY INC	United States	$4.49B	185,907,782	48.79%	11.35%	Net Selling	Net Selling
SLGC	SOMALOGIC INC	United States	$475.82M	188,071,546	65.42%	29.36%	Net Selling	Net Selling
TXG	10X GENOMICS INC	United States	$5.62B	118,208,601	76.54%	15.50%	Net Buying	Net Selling
MDRX	VERADIGM INC	United States	$1.38B	109,259,776	37.36%	62.64%	Net Selling
NRC	NATIONAL RESEARCH CORP	United States	$1.02B	24,558,330	48.29%	51.71%	Net Selling	Net Selling
CMAX	CAREMAX INC	United States	$85.19M	112,098,257	50.13%	49.87%	Net Buying
HSTM	HEALTHSTREAM INC	United States	$783.78M	30,285,335	70.38%	24.75%	Net Selling	Net Selling
LFMD	LIFEMD INC	United States	$314.46M	37,978,804	23.37%	55.75%	Net Buying	Net Buying
NUTX	NUTEX HEALTH INC	United States	$127.45M	670,781,595	2.01%	97.99%	Net Buying	Net Buying
RCM	R1 RCM INC	United States	$4.36B	419,308,156	47.00%	53.00%	Net Selling
AMWL	AMERICAN WELL CORP	United States	$350.83M	287,569,236	48.10%	6.62%	Net Selling	Net Selling
SNCE	SCIENCE 37 HOLDINGS INC	United States	$28.66M	119,397,205	32.52%	67.48%	Net Buying	Net Selling
CCLD	CARECLOUD INC	United States	$16.67M	15,873,120	13.55%	13.56%	Net Buying	Net Buying
ZCMD	ZHONGCHAO INC	China	$20.82M	26,029,138	0.22%	0.00%
CERT	CERTARA INC	United States	$2.57B	159,844,780	66.51%	26.81%	Net Selling	Net Selling
BEAT	HEARTBEAM INC	United States	$35.28M	26,329,032	6.12%	22.24%	Net Selling	Net Selling
PHR	PHREESIA INC	United States	$994.20M	55,634,942	76.71%	23.29%	Net Selling	Net Selling
EVH	EVOLENT HEALTH INC	United States	$3.18B	114,959,689	89.38%	10.62%	Net Selling	Net Selling
AUGX	AUGMEDIX INC	United States	$234.12M	41,363,915	28.03%	71.97%	Net Selling	Net Buying
KERN	AKERNA CORP	United States	$3.57M	10,252,018	2.40%	62.81%
SHLT	SHL TELEMEDICINE LTD	Israel	$141.25M	16,386,180	3.86%	0.00%
OMCL	OMNICELL INC	United States	$1.60B	45,469,376	95.65%	4.35%	Net Selling	Net Selling
HLTH	CUE HEALTH INC	United States	$51.03M	154,632,057	41.90%	55.28%	Net Selling	Net Selling
GEHC	GE HEALTHCARE TECHNOLOGIES INC	United States	$30.68B	455,242,974	79.94%	13.81%	Net Selling	Net Selling
UTRS	MINERVA SURGICAL INC	United States	$20.24M	8,878,582	7.94%	92.06%	Net Buying
OTRK	ONTRAK INC	United States	$14.61M	27,563,898	0.07%	99.93%	Net Buying	Net Buying
DH	DEFINITIVE HEALTHCARE CORP	United States	$984.14M	116,328,089	29.26%	70.74%	Net Selling	Net Selling
RNLX	RENALYTIX PLC	United Kingdom	$20.51M	97,430,156	4.61%	18.12%
CPSI	COMPUTER PROGRAMS & SYSTEMS INC	United States	$149.56M	14,548,776	79.61%	20.39%	Net Selling
ICCT	ICORECONNECT INC	United States	$8.60M	8,951,472	1.26%	0.00%
WGS	GENEDX HOLDINGS CORP	United States	$38.83M	25,884,279	2.91%	97.09%	Net Buying	Net Selling
STRM	STREAMLINE HEALTH SOLUTIONS INC	United States	$18.26M	58,895,071	26.39%	73.61%	Net Buying	Net Selling
WORX	SCWORX CORP	United States	$2.55M	1,211,035	11.11%	88.89%
UPH	UPHEALTH INC	United States	$5.07M	17,775,498	4.42%	95.58%	Net Selling	Net Selling
MPLN	MULTIPLAN CORP	United States	$857.32M	649,486,255	76.04%	23.96%	Net Selling
TDOC	TELADOC HEALTH INC	United States	$3.18B	165,557,305	74.47%	6.96%	Net Selling	Net Selling
AGTI	AGILITI INC	United States	$1.04B	134,844,437	57.15%	42.85%	Net Selling	Net Buying
BFRG	BULLFROG AI HOLDINGS INC	United States	$15.48M	6,094,644	0.91%	45.20%	Net Selling
HCTI	HEALTHCARE TRIANGLE INC	United States	$15.66M	4,277,572	0.02%	99.98%
ACON	ACLARION INC	United States	$2.02M	8,793,010	6.12%	16.11%	Net Buying
AONC	AMERICAN ONCOLOGY NETWORK INC	United States	$205.88M	34,659,650	0.04%	19.62%	Net Selling	Net Selling
MGRX	MANGOCEUTICALS INC	United States	$13.63M	17,039,500	0.75%	56.93%	Net Buying
FOXO	FOXO TECHNOLOGIES INC	United States	$1.67M	5,197,589	5.04%	94.96%	Net Selling
ETAO	ETAO INTERNATIONAL CO LTD	Cayman Islands	$42.28M	105,712,292	0.28%	2.88%	Net Selling
ATPC	AGAPE ATP CORP	Malaysia	$57.83M	77,102,012	0.00%	0.00%
LIFW	MSP RECOVERY INC	United States	$451.76M	138,576,940	9.58%	90.42%	Net Buying	Net Buying
EUDA	EUDA HEALTH HOLDINGS LTD	Singapore	$28.99M	24,777,509	4.39%	39.56%
ONMD	ONEMEDNET CORP	United Kingdom	$43.88M	32,263,342	5.22%	20.00%	Net Selling

Health Information Service Stocks FAQ

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

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 55, which is 28 points higher than the health information service industry average of 27. It passed 19 out of 33 due diligence checks and has strong fundamentals. Progyny has seen its stock return 12.55% over the past year, overperforming other health information service stocks by 26 percentage points.

Progyny has an average 1 year price target of $48.60, an upside of 33.85% from Progyny's current stock price of $36.31.

Progyny stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Progyny, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Spok Holdings (NASDAQ:SPOK)

Spok Holdings (NASDAQ:SPOK) is the second best health information service stock with a Zen Score of 53, which is 26 points higher than the health information service industry average of 27. It passed 18 out of 38 due diligence checks and has strong fundamentals. Spok Holdings has seen its stock return 90.77% over the past year, overperforming other health information service stocks by 104 percentage points.

3. Schrodinger (NASDAQ:SDGR)

Schrodinger (NASDAQ:SDGR) is the third best health information service stock with a Zen Score of 53, which is 26 points higher than the health information service industry average of 27. It passed 18 out of 33 due diligence checks and has strong fundamentals. Schrodinger has seen its stock return 93.99% over the past year, overperforming other health information service stocks by 107 percentage points.

Schrodinger has an average 1 year price target of $52.00, an upside of 61.19% from Schrodinger's current stock price of $32.26.

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

What are the health information service stocks with highest dividends?

Out of 5 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 8.28%, which is 5 percentage points higher than the health information service industry average of 2.8%. 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 67.6% indicates that its high dividend yield is sustainable for the long-term.

2. Premier (NASDAQ:PINC)

Premier (NASDAQ:PINC) has an annual dividend yield of 3.99%, which is 1 percentage points higher than the health information service industry average of 2.8%.

Premier's dividend payout ratio of 56.4% indicates that its dividend yield is sustainable for the long-term.

3. National Research (NASDAQ:NRC)

National Research (NASDAQ:NRC) has an annual dividend yield of 3.57%, which is 1 percentage points higher than the health information service industry average of 2.8%. National Research's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. National Research's dividend has shown consistent growth over the last 10 years.

National Research's dividend payout ratio of 126.5% indicates that its dividend yield might not be sustainable for the long-term.

Why are health information service stocks down?

Health information service stocks were down -0.51% in the last day, and up 1.22% over the last week.

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

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 86, which is 62 points higher than the health information service industry average of 24. It passed 6 out of 7 valuation due diligence checks.

Premier's stock has dropped -37.04% in the past year. It has underperformed other stocks in the health information service industry by -24 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 33 points higher than the health information service industry average of 24. It passed 4 out of 7 valuation due diligence checks.

So Young International's stock has gained 54.6% in the past year. It has overperformed other stocks in the health information service industry by 68 percentage points.

3. Forian (NASDAQ:FORA)

Forian (NASDAQ:FORA) is the third most undervalued health information service stock based on WallStreetZen's Valuation Score. Forian has a valuation score of 57, which is 33 points higher than the health information service industry average of 24. It passed 4 out of 7 valuation due diligence checks.

Forian's stock has dropped -10.99% in the past year. It has overperformed other stocks in the health information service industry by 2 percentage points.

Are health information service stocks a good buy now?

43.59% of health information service stocks rated by analysts are a buy right now. On average, analysts expect health information service stocks to rise by 44.19% 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 23.72x.

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.