Sectors & IndustriesIndustrialsConsulting Services

Best Consulting Service Stocks to Buy Now (2023)

Top consulting service stocks in 2023 ranked by overall Zen Score. See the best consulting service stocks to buy now, according to analyst forecasts for the consulting services industry.

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

Resources Connection (NASDAQ:RGP) is the top consulting service stock with a Zen Score of 61, which is 25 points higher than the consulting service industry average of 36. It passed 22 out of 38 due diligence checks and has strong fundamentals. Resources Connection has seen its stock lose -2.7% over the past year, underperforming other consulting service stocks by -6 percentage points.

Resources Connection has an average 1 year price target of $58.00, an upside of 242.59% from Resources Connection's current stock price of $16.93.

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

Transunion (NYSE:TRU) is the second best consulting service stock with a Zen Score of 55, which is 19 points higher than the consulting service industry average of 36. It passed 21 out of 38 due diligence checks and has strong fundamentals. Transunion has seen its stock lose -29.07% over the past year, underperforming other consulting service stocks by -33 percentage points.

Transunion has an average 1 year price target of $82.32, an upside of 17.53% from Transunion's current stock price of $70.04.

Transunion stock has a consensus Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Transunion, 50% have issued a Strong Buy rating, 7.14% have issued a Buy, 42.86% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Cra International (NASDAQ:CRAI) is the third best consulting service stock with a Zen Score of 52, which is 16 points higher than the consulting service industry average of 36. It passed 19 out of 38 due diligence checks and has strong fundamentals. Cra International has seen its stock return 47.71% over the past year, overperforming other consulting service stocks by 44 percentage points.

Cra International has an average 1 year price target of $130.00, an upside of 6.52% from Cra International's current stock price of $122.04.

Cra International stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Cra International, 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.

Out of 8 consulting service stocks that have issued dividends in the past year, the 3 consulting service stocks with the highest dividend yields are:

Resources Connection (NASDAQ:RGP) has an annual dividend yield of 3.31%, which is 2 percentage points higher than the consulting service industry average of 1.8%. Resources Connection's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Resources Connection's dividend has shown consistent growth over the last 10 years.

Resources Connection's dividend payout ratio of 24.6% indicates that its dividend yield is sustainable for the long-term.

Booz Allen Hamilton Holding (NYSE:BAH) has an annual dividend yield of 1.77%, which is the same as the consulting service industry average of 1.8%. Booz Allen Hamilton Holding's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Booz Allen Hamilton Holding's dividend has shown consistent growth over the last 10 years.

Booz Allen Hamilton Holding's dividend payout ratio of 41.8% indicates that its dividend yield is sustainable for the long-term.

Cra International (NASDAQ:CRAI) has an annual dividend yield of 1.06%, which is -1 percentage points lower than the consulting service industry average of 1.8%. Cra International's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Cra International's dividend has shown consistent growth over the last 10 years.

Cra International's dividend payout ratio of 20.7% indicates that its dividend yield is sustainable for the long-term.

Consulting service stocks were up 0.42% in the last day, and up 2.62% over the last week.

We couldn't find a catalyst for why consulting service stocks are up.

Based on WallStreetZen's Valuation Score, the 3 most undervalued consulting service stocks right now are:

Huron Consulting Group (NASDAQ:HURN) is the most undervalued consulting service stock based on WallStreetZen's Valuation Score. Huron Consulting Group has a valuation score of 86, which is 51 points higher than the consulting service industry average of 35. It passed 6 out of 7 valuation due diligence checks.

Huron Consulting Group's stock has gained 57.76% in the past year. It has overperformed other stocks in the consulting service industry by 54 percentage points.

Cra International (NASDAQ:CRAI) is the second most undervalued consulting service stock based on WallStreetZen's Valuation Score. Cra International has a valuation score of 71, which is 36 points higher than the consulting service industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Cra International's stock has gained 47.71% in the past year. It has overperformed other stocks in the consulting service industry by 44 percentage points.

Forrester Research (NASDAQ:FORR) is the third most undervalued consulting service stock based on WallStreetZen's Valuation Score. Forrester Research has a valuation score of 57, which is 22 points higher than the consulting service industry average of 35. It passed 4 out of 7 valuation due diligence checks.

Forrester Research's stock has dropped -33.19% in the past year. It has underperformed other stocks in the consulting service industry by -37 percentage points.