Sectors & Industries TechnologyInformation Technology Services
Best Information Technology Service Stocks to Buy Now (2022)
Top information technology service stocks in 2022 ranked by overall Zen Score. See the best information technology service stocks to buy now, according to analyst forecasts for the information technology services industry.

Industry: Information Technology Se...

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

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
PRFT	PERFICIENT INC	NASDAQ	Information Technology Services	$2.27B	$65.66	0.86%	$132.94M	28.67x	1.53
IMXI	INTERNATIONAL MONEY EXPRESS INC	NASDAQ	Information Technology Services	$879.09M	$23.21	-1.15%	$85.64M	17.07x	1.24
CD	CHINDATA GROUP HOLDINGS LTD	NASDAQ	Information Technology Services	$2.82B	$7.70	-5.29%	$247.19M	38.89x	0.98
CTSH	COGNIZANT TECHNOLOGY SOLUTIONS CORP	NASDAQ	Information Technology Services	$30.26B	$58.45	-1.37%	$3.55B	13.53x	0.44
HCKT	HACKETT GROUP INC	NASDAQ	Information Technology Services	$568.08M	$17.93	-0.83%	$54.91M	12.20x	0.39
EPAM	EPAM SYSTEMS INC	NYSE	Information Technology Services	$20.78B	$362.14	-2.26%	$558.94M	56.06x	0.36
CLPS	CLPS INC	NASDAQ	Information Technology Services	$26.99M	$1.34	-5.05%	N/A	3.34x	0.53
JKHY	HENRY JACK & ASSOCIATES INC	NASDAQ	Information Technology Services	$13.34B	$183.04	-0.93%	$652.28M	36.98x	0.78
IBM	INTERNATIONAL BUSINESS MACHINES CORP	NYSE	Information Technology Services	$109.85B	$121.63	-0.92%	$12.52B	19.55x	5.57
III	INFORMATION SERVICES GROUP INC	NASDAQ	Information Technology Services	$227.77M	$4.77	-1.24%	$34.86M	13.25x	1.35
NSIT	INSIGHT ENTERPRISES INC	NASDAQ	Information Technology Services	$2.93B	$83.52	-1.18%	$443.94M	11.09x	2.47
ACN	ACCENTURE PLC	NYSE	Information Technology Services	$171.67B	$258.27	-1.40%	$10.85B	24.67x	1.13
SAIC	SCIENCE APPLICATIONS INTERNATIONAL CORP	NYSE	Information Technology Services	$4.89B	$88.69	-1.79%	$608.00M	19.24x	2.44
INFY	INFOSYS LTD	NYSE	Information Technology Services	$71.09B	$16.90	-1.23%	$4.52B	24.14x	0.56
FORTY	FORMULA SYSTEMS (1985) LTD	NASDAQ	Information Technology Services	$1.25B	$82.00	-3.73%	N/A	16.05x	2.68
CNXC	CONCENTRIX CORP	NASDAQ	Information Technology Services	$5.71B	$109.76	-6.56%	$919.00M	12.56x	1.43
SNX	TD SYNNEX CORP	NYSE	Information Technology Services	$7.97B	$83.14	-2.74%	$1.18B	14.56x	2.52
TTEC	TTEC HOLDINGS INC	NASDAQ	Information Technology Services	$2.14B	$45.24	-2.35%	$260.93M	20.85x	2.91
EXLS	EXLSERVICE HOLDINGS INC	NASDAQ	Information Technology Services	$4.83B	$146.22	-1.32%	$245.49M	38.58x	0.88
PAY	PAYMENTUS HOLDINGS INC	NYSE	Information Technology Services	$1.19B	$9.70	-2.02%	$19.61M	323.33x	0.30
GIB	CGI INC	NYSE	Information Technology Services	$18.50B	$75.32	-2.28%	$1.98B	16.19x	1.13
FISV	FISERV INC	NASDAQ	Information Technology Services	$60.66B	$94.85	-1.37%	$6.26B	30.50x	1.45
FLT	FLEETCOR TECHNOLOGIES INC	NYSE	Information Technology Services	$13.58B	$181.09	0.76%	$1.65B	15.23x	4.47
BR	BROADRIDGE FINANCIAL SOLUTIONS INC	NYSE	Information Technology Services	$17.23B	$146.90	-1.34%	$970.70M	31.80x	3.26
TASK	TASKUS INC	NASDAQ	Information Technology Services	$1.61B	$16.41	-2.73%	$120.53M	30.96x	1.03
FIS	FIDELITY NATIONAL INFORMATION SERVICES INC	NYSE	Information Technology Services	$46.55B	$76.57	-0.94%	$5.41B	54.69x	0.71
SWCH	SWITCH INC	NYSE	Information Technology Services	$8.29B	$33.84	0.03%	$629.06M	13.43x	2.85
DXC	DXC TECHNOLOGY CO	NYSE	Information Technology Services	$5.67B	$24.67	2.45%	$2.72B	11.11x	2.88
CNDT	CONDUENT INC	NASDAQ	Information Technology Services	$727.23M	$3.37	-3.16%	$531.00M	7.49x	2.07
ALYA	ALITHYA GROUP INC	NASDAQ	Information Technology Services	$175.25M	$1.89	0.00%	$5.86M	-12.86x	1.41
FLYW	FLYWIRE CORP	NASDAQ	Information Technology Services	$2.44B	$22.58	-3.26%	-$20.25M	-68.42x	0.31
DTST	DATA STORAGE CORP	NASDAQ	Information Technology Services	$13.99M	$2.05	-1.44%	$585.26k	-20.50x	0.17
CACI	CACI INTERNATIONAL INC	NYSE	Information Technology Services	$6.19B	$264.24	-1.24%	$700.39M	16.90x	1.17
NCR	NCR CORP	NYSE	Information Technology Services	$2.66B	$19.41	-5.46%	$1.10B	38.06x	7.38
VNET	VNET GROUP INC	NASDAQ	Information Technology Services	$789.06M	$5.32	-7.80%	$244.45M	-33.25x	2.56
AI	C3AI INC	NYSE	Information Technology Services	$1.34B	$12.34	-4.78%	-$215.20M	-5.74x	0.16
CTG	COMPUTER TASK GROUP INC	NASDAQ	Information Technology Services	$105.22M	$6.78	2.42%	$17.69M	6.46x	0.83
CDW	CDW CORP	NASDAQ	Information Technology Services	$21.50B	$158.97	-1.54%	$1.78B	21.31x	11.34
IT	GARTNER INC	NYSE	Information Technology Services	$22.04B	$278.67	-0.97%	$1.27B	31.10x	-47.13
TLS	TELOS CORP	NASDAQ	Information Technology Services	$619.84M	$9.17	-6.62%	-$30.31M	-16.98x	0.39
G	GENPACT LTD	NYSE	Information Technology Services	$8.10B	$44.14	-0.63%	$648.93M	23.86x	1.59
GDYN	GRID DYNAMICS HOLDINGS INC	NASDAQ	Information Technology Services	$1.25B	$18.51	-3.34%	-$5.24M	-59.71x	0.19
BBAI	BIGBEARAI HOLDINGS INC	NYSE	Information Technology Services	$195.71M	$1.55	30.25%	-$173.82M	0.03x	38.13
GDS	GDS HOLDINGS LTD	NASDAQ	Information Technology Services	$3.28B	$17.53	-7.74%	$506.78M	-13.13x	2.10
RAMP	LIVERAMP HOLDINGS INC	NYSE	Information Technology Services	$1.24B	$18.46	-4.75%	-$49.57M	-16.05x	0.23
USIO	USIO INC	NASDAQ	Information Technology Services	$33.75M	$1.34	1.52%	-$288.82k	-7.88x	4.27
MIGI	MAWSON INFRASTRUCTURE GROUP INC	NASDAQ	Information Technology Services	$37.37M	$0.46	2.22%	$31.65M	0.34x	0.90
SASI	SIGMA ADDITIVE SOLUTIONS INC	NASDAQ	Information Technology Services	$8.47M	$0.81	0.88%	-$9.22M	-0.90x	0.07
TDC	TERADATA CORP	NYSE	Information Technology Services	$3.23B	$31.45	-0.25%	$285.00M	41.38x	7.54
LDOS	LEIDOS HOLDINGS INC	NYSE	Information Technology Services	$12.03B	$88.10	-0.93%	$1.45B	16.97x	2.21
CSPI	CSP INC	NASDAQ	Information Technology Services	$32.98M	$7.24	-0.14%	$2.21M	25.86x	0.87
WIT	WIPRO LTD	NYSE	Information Technology Services	$25.83B	$4.72	-3.08%	N/A	N/A	0.61
AUR	AURORA INNOVATION INC	NASDAQ	Information Technology Services	$2.52B	$2.18	-10.29%	-$1.57B	-2.95x	0.10
XRX	XEROX HOLDINGS CORP	NASDAQ	Information Technology Services	$2.09B	$13.43	-7.38%	-$418.00M	-3.70x	2.11
ISDR	ISSUER DIRECT CORP	NYSEMKT	Information Technology Services	$72.87M	$20.18	1.66%	$4.80M	25.54x	0.26
TWKS	THOUGHTWORKS HOLDING INC	NASDAQ	Information Technology Services	$3.33B	$10.70	-5.06%	-$89.23M	-20.19x	1.07
NABL	N-ABLE INC	NYSE	Information Technology Services	$1.71B	$9.49	1.61%	$66.90M	135.57x	0.71
SABR	SABRE CORP	NASDAQ	Information Technology Services	$1.71B	$5.22	-4.74%	-$95.58M	-2.90x	-9.38
AFRM	AFFIRM HOLDINGS INC	NASDAQ	Information Technology Services	$5.51B	$19.06	-7.74%	-$672.11M	-7.59x	1.66
PRTH	PRIORITY TECHNOLOGY HOLDINGS INC	NASDAQ	Information Technology Services	$318.39M	$4.15	-3.04%	$117.79M	-24.41x	-15.24
DMRC	DIGIMARC CORP	NASDAQ	Information Technology Services	$280.79M	$14.06	-2.83%	-$38.52M	-5.74x	0.15
WAVD	WAVEDANCER INC	NASDAQ	Information Technology Services	$18.36M	$0.96	-2.04%	-$5.99M	-3.00x	0.37
CLVT	CLARIVATE PLC	NYSE	Information Technology Services	$6.19B	$9.19	-5.65%	$1.01B	-229.75x	0.71
CRGE	CHARGE ENTERPRISES INC	NASDAQ	Information Technology Services	$342.22M	$1.66	-5.14%	-$68.10M	-2.52x	25.27
RSSS	RESEARCH SOLUTIONS INC	NASDAQ	Information Technology Services	$55.49M	$2.03	0.50%	-$1.61M	-33.83x	2.49
WYY	WIDEPOINT CORP	NYSEMKT	Information Technology Services	$17.90M	$2.05	2.50%	-$14.63M	-1.27x	1.22
UIS	UNISYS CORP	NYSE	Information Technology Services	$517.89M	$7.64	-0.78%	-$20.40M	-2.29x	-15.31
INOD	INNODATA INC	NASDAQ	Information Technology Services	$78.63M	$2.88	-0.69%	-$3.84M	-9.29x	1.36
PSFE	PAYSAFE LTD	NYSE	Information Technology Services	$987.22M	$1.36	-6.21%	-$1.65B	N/A	6.91
AVCT	AMERICAN VIRTUAL CLOUD TECHNOLOGIES INC	NASDAQ	Information Technology Services	$41.82M	$0.30	6.81%	-$99.08M	-0.11x	-18.47
GB	GLOBAL BLUE GROUP HOLDING AG	NYSE	Information Technology Services	$843.69M	$4.66	-0.85%	$39.25M	-16.64x	156.76
CYXT	CYXTERA TECHNOLOGIES INC	NASDAQ	Information Technology Services	$716.05M	$4.01	-9.07%	$177.60M	-3.40x	4.09
DNB	DUN & BRADSTREET HOLDINGS INC	NYSE	Information Technology Services	$5.43B	$12.52	-1.96%	$761.60M	-208.67x	1.69
KD	KYNDRYL HOLDINGS INC	NYSE	Information Technology Services	$1.93B	$8.52	-4.05%	-$42.00M	N/A	4.77

Information Technology Service Stocks FAQ

What are the best information technology service stocks to buy right now in Oct 2022?

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

1. Perficient (NASDAQ:PRFT)

Perficient (NASDAQ:PRFT) is the top information technology service stock with a Zen Score of 70, which is 34 points higher than the information technology service industry average of 36. It passed 24 out of 33 due diligence checks and has strong fundamentals. Perficient has seen its stock lose -44.64% over the past year, underperforming other information technology service stocks by -18 percentage points.

Perficient has an average 1 year price target of $106.00, an upside of 61.44% from Perficient's current stock price of $65.66.

Perficient stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Perficient, 60% have issued a Strong Buy rating, 40% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. International Money Express (NASDAQ:IMXI)

International Money Express (NASDAQ:IMXI) is the second best information technology service stock with a Zen Score of 69, which is 33 points higher than the information technology service industry average of 36. It passed 23 out of 33 due diligence checks and has strong fundamentals. International Money Express has seen its stock return 42.66% over the past year, overperforming other information technology service stocks by 69 percentage points.

International Money Express has an average 1 year price target of $21.17, a downside of -8.8% from International Money Express's current stock price of $23.21.

International Money Express stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering International Money Express, 0% have issued a Strong Buy rating, 33.33% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Chindata Group Holdings (NASDAQ:CD)

Chindata Group Holdings (NASDAQ:CD) is the third best information technology service stock with a Zen Score of 62, which is 26 points higher than the information technology service industry average of 36. It passed 20 out of 33 due diligence checks and has strong fundamentals. Chindata Group Holdings has seen its stock lose -4.11% over the past year, overperforming other information technology service stocks by 22 percentage points.

Chindata Group Holdings has an average 1 year price target of $8.30, an upside of 7.79% from Chindata Group Holdings's current stock price of $7.70.

Chindata Group Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Chindata Group Holdings, 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.

What are the information technology service stocks with highest dividends?

Out of 22 information technology service stocks that have issued dividends in the past year, the 3 information technology service stocks with the highest dividend yields are:

1. Xerox Holdings (NASDAQ:XRX)

Xerox Holdings (NASDAQ:XRX) has an annual dividend yield of 5.58%, which is 4 percentage points higher than the information technology service industry average of 1.88%. Xerox Holdings's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Xerox Holdings's dividend has shown consistent growth over the last 10 years.

Xerox Holdings's dividend payout ratio of -27.5% indicates that its high dividend yield might not be sustainable for the long-term.

2. IBM (NYSE:IBM)

IBM (NYSE:IBM) has an annual dividend yield of 5.41%, which is 4 percentage points higher than the information technology service industry average of 1.88%. IBM's dividend payout is stable, having never dropped by more than 10% in the last 10 years. IBM's dividend has shown consistent growth over the last 10 years.

IBM's dividend payout ratio of 105.6% indicates that its high dividend yield might not be sustainable for the long-term.

3. Information Services Group (NASDAQ:III)

Information Services Group (NASDAQ:III) has an annual dividend yield of 2.94%, which is 1 percentage points higher than the information technology service industry average of 1.88%. Information Services Group's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Information Services Group's dividend has not shown consistent growth over the last 10 years.

Information Services Group's dividend payout ratio of 36.1% indicates that its dividend yield is sustainable for the long-term.

Why are information technology service stocks down?

Information technology service stocks were down -1.68% in the last day, and down -3.32% over the last week. Aurora Innovation was the among the top losers in the information technology services industry, dropping -10.29% yesterday.

Shares of several companies in the broader industrials sector are trading lower as stocks pull back after gaining on Wednesday. Jobless claims for September came in below estimates, adding to concern of further Fed rate hikes which could impact economic activity and consumer spending.

What are the most undervalued information technology service stocks?

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

1. Clps (NASDAQ:CLPS)

Clps (NASDAQ:CLPS) is the most undervalued information technology service stock based on WallStreetZen's Valuation Score. Clps has a valuation score of 100, which is 64 points higher than the information technology service industry average of 36. It passed 7 out of 7 valuation due diligence checks.

Clps's stock has dropped -51.45% in the past year. It has underperformed other stocks in the information technology service industry by -25 percentage points.

2. Formula Systems (NASDAQ:FORTY)

Formula Systems (NASDAQ:FORTY) is the second most undervalued information technology service stock based on WallStreetZen's Valuation Score. Formula Systems has a valuation score of 100, which is 64 points higher than the information technology service industry average of 36. It passed 7 out of 7 valuation due diligence checks.

Formula Systems's stock has dropped -16.75% in the past year. It has overperformed other stocks in the information technology service industry by 10 percentage points.

3. Conduent (NASDAQ:CNDT)

Conduent (NASDAQ:CNDT) is the third most undervalued information technology service stock based on WallStreetZen's Valuation Score. Conduent has a valuation score of 86, which is 50 points higher than the information technology service industry average of 36. It passed 6 out of 7 valuation due diligence checks.

Conduent's stock has dropped -48.47% in the past year. It has underperformed other stocks in the information technology service industry by -22 percentage points.

Are information technology service stocks a good buy now?

46.15% of information technology service stocks rated by analysts are a buy right now. On average, analysts expect information technology service stocks to rise by 36.08% over the next year.

What is the average p/e ratio of the information technology services industry?

The average P/E ratio of the information technology services industry is 20.69x.

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.