Sectors & Industries TechnologyInformation Technology Services
Best Information Technology Service Stocks to Buy Now (2023)
Top information technology service stocks in 2023 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
G	GENPACT LTD	NYSE	Information Technology Services	$6.64B	$36.63	-0.14%	$696.52M	16.50x	1.32
EPAM	EPAM SYSTEMS INC	NYSE	Information Technology Services	$15.13B	$261.00	0.27%	$802.58M	28.19x	0.25
MGIC	MAGIC SOFTWARE ENTERPRISES LTD	NASDAQ	Information Technology Services	$540.02M	$11.00	-1.52%	$77.73M	12.36x	0.92
PRFT	PERFICIENT INC	NASDAQ	Information Technology Services	$2.08B	$59.76	0.79%	$176.27M	19.72x	1.14
CTSH	COGNIZANT TECHNOLOGY SOLUTIONS CORP	NASDAQ	Information Technology Services	$35.16B	$69.61	0.58%	$3.44B	16.19x	0.39
SAIC	SCIENCE APPLICATIONS INTERNATIONAL CORP	NYSE	Information Technology Services	$5.58B	$105.43	-1.04%	$919.00M	11.45x	2.08
EXLS	EXLSERVICE HOLDINGS INC	NASDAQ	Information Technology Services	$4.64B	$28.01	-0.50%	$307.63M	27.19x	0.39
ACN	ACCENTURE PLC	NYSE	Information Technology Services	$210.09B	$316.09	1.31%	$11.52B	27.82x	0.95
CD	CHINDATA GROUP HOLDINGS LTD	NASDAQ	Information Technology Services	$3.14B	$8.32	-0.60%	$374.14M	26.50x	1.36
IBEX	IBEX LTD	NASDAQ	Information Technology Services	$273.56M	$14.95	4.04%	$73.92M	8.59x	0.96
GLOB	GLOBANT SA	NYSE	Information Technology Services	$8.47B	$199.66	0.55%	N/A	56.72x	0.35
FI	FISERV INC	NYSE	Information Technology Services	$70.76B	$116.08	-0.55%	$7.10B	29.09x	1.56
III	INFORMATION SERVICES GROUP INC	NASDAQ	Information Technology Services	$213.65M	$4.40	-0.68%	$32.76M	13.33x	1.31
CDW	CDW CORP	NASDAQ	Information Technology Services	$27.58B	$205.76	0.35%	$1.95B	25.82x	7.05
INFY	INFOSYS LTD	NYSE	Information Technology Services	$73.76B	$17.78	0.23%	$4.68B	25.04x	0.66
GDYN	GRID DYNAMICS HOLDINGS INC	NASDAQ	Information Technology Services	$899.52M	$11.94	2.23%	$1.68M	-44.22x	0.18
TASK	TASKUS INC	NASDAQ	Information Technology Services	$945.74M	$9.74	2.53%	$147.94M	23.76x	1.00
BR	BROADRIDGE FINANCIAL SOLUTIONS INC	NYSE	Information Technology Services	$21.76B	$184.25	0.41%	$1.14B	34.38x	2.68
JKHY	JACK HENRY & ASSOCIATES INC	NASDAQ	Information Technology Services	$10.79B	$147.89	-0.48%	$680.37M	29.40x	0.72
ASGN	ASGN INC	NYSE	Information Technology Services	$3.92B	$80.98	1.09%	$484.40M	16.80x	0.85
HCKT	HACKETT GROUP INC	NASDAQ	Information Technology Services	$622.17M	$22.86	-1.55%	$54.99M	18.00x	1.51
GDS	GDS HOLDINGS LTD	NASDAQ	Information Technology Services	$2.04B	$10.70	5.21%	$599.00M	-11.22x	2.42
LDOS	LEIDOS HOLDINGS INC	NYSE	Information Technology Services	$12.52B	$91.13	-1.37%	$1.45B	17.66x	1.82
TTEC	TTEC HOLDINGS INC	NASDAQ	Information Technology Services	$1.25B	$26.27	0.08%	$262.40M	19.32x	2.47
GIB	CGI INC	NYSE	Information Technology Services	$23.62B	$100.31	0.92%	$1.96B	20.78x	1.01
PSN	PARSONS CORP	NYSE	Information Technology Services	$5.74B	$54.69	-0.51%	$323.97M	45.20x	1.09
IBM	INTERNATIONAL BUSINESS MACHINES CORP	NYSE	Information Technology Services	$133.84B	$146.91	-0.32%	$7.57B	66.18x	4.95
FORTY	FORMULA SYSTEMS (1985) LTD	NASDAQ	Information Technology Services	$1.10B	$72.21	0.00%	N/A	17.03x	2.60
CSPI	CSP INC	NASDAQ	Information Technology Services	$80.70M	$17.07	2.09%	$4.64M	15.24x	0.53
IT	GARTNER INC	NYSE	Information Technology Services	$28.08B	$356.26	2.02%	$1.56B	30.58x	11.54
NCR	NCR CORP	NYSE	Information Technology Services	$3.78B	$27.02	-0.33%	$1.21B	57.49x	6.08
TWKS	THOUGHTWORKS HOLDING INC	NASDAQ	Information Technology Services	$1.32B	$4.16	0.00%	$84.48M	-34.67x	0.67
CNXC	CONCENTRIX CORP	NASDAQ	Information Technology Services	$3.80B	$73.00	-0.75%	$977.25M	10.04x	1.30
NABL	N-ABLE INC	NYSE	Information Technology Services	$2.44B	$13.35	1.14%	$81.85M	166.88x	0.66
WNS	WNS (HOLDINGS) LTD	NYSE	Information Technology Services	$3.27B	$67.61	0.36%	N/A	24.15x	0.93
DTST	DATA STORAGE CORP	NASDAQ	Information Technology Services	$21.46M	$3.14	0.00%	-$2.12M	-6.83x	0.17
AGIL	AGILETHOUGHT INC	NASDAQ	Information Technology Services	$8.28M	$0.16	-11.73%	-$30.42M	-0.11x	5.37
CTLP	CANTALOUPE INC	NASDAQ	Information Technology Services	$440.19M	$6.07	-0.65%	$4.76M	-75.88x	0.76
CLPS	CLPS INC	NASDAQ	Information Technology Services	$24.10M	$1.02	8.51%	N/A	-20.40x	0.61
NYAX	NAYAX LTD	NASDAQ	Information Technology Services	$743.49M	$22.56	-6.00%	-$14.57M	-27.61x	1.62
CACI	CACI INTERNATIONAL INC	NYSE	Information Technology Services	$7.07B	$310.22	-0.80%	$778.46M	18.70x	1.05
ALYA	ALITHYA GROUP INC	NASDAQ	Information Technology Services	$165.55M	$1.74	0.58%	$6.22M	-6.57x	1.46
JFU	9F INC	NASDAQ	Information Technology Services	$32.97M	$2.80	-0.64%	-$80.88M	-0.38x	0.16
VNET	VNET GROUP INC	NASDAQ	Information Technology Services	$473.44M	$3.19	1.92%	$206.86M	-5.33x	3.41
CTM	CASTELLUM INC	NYSEMKT	Information Technology Services	$12.69M	$0.27	-2.20%	-$10.12M	-0.64x	0.80
SASI	SIGMA ADDITIVE SOLUTIONS INC	NASDAQ	Information Technology Services	$2.14M	$3.98	-0.99%	-$7.18M	-0.29x	0.23
WIT	WIPRO LTD	NYSE	Information Technology Services	$27.52B	$5.02	-1.18%	N/A	19.38x	0.79
AUR	AURORA INNOVATION INC	NASDAQ	Information Technology Services	$3.86B	$2.60	-5.11%	-$857.49M	-3.38x	0.16
FIS	FIDELITY NATIONAL INFORMATION SERVICES INC	NYSE	Information Technology Services	$33.25B	$56.12	-1.63%	-$19.07B	-1.43x	1.64
CLVT	CLARIVATE PLC	NYSE	Information Technology Services	$4.88B	$7.22	-0.28%	-$3.32B	-1.15x	0.98
WYY	WIDEPOINT CORP	NYSEMKT	Information Technology Services	$15.12M	$1.70	-5.03%	$389.46k	-1.32x	2.18
CTG	COMPUTER TASK GROUP INC	NASDAQ	Information Technology Services	$166.06M	$10.35	0.39%	$9.42M	57.50x	0.66
CNDT	CONDUENT INC	NASDAQ	Information Technology Services	$751.22M	$3.45	0.88%	-$22.00M	-2.18x	2.57
NOTE	FISCALNOTE HOLDINGS INC	NYSE	Information Technology Services	$275.35M	$2.14	-4.04%	-$134.36M	-2.33x	3.51
XRX	XEROX HOLDINGS CORP	NASDAQ	Information Technology Services	$2.53B	$16.09	-1.53%	$17.00M	-9.46x	2.06
SLNH	SOLUNA HOLDINGS INC	NASDAQ	Information Technology Services	$6.89M	$0.19	-3.50%	-$76.99M	-0.03x	1.16
INOD	INNODATA INC	NASDAQ	Information Technology Services	$218.18M	$7.71	-0.90%	-$2.94M	-24.87x	1.48
KD	KYNDRYL HOLDINGS INC	NYSE	Information Technology Services	$3.56B	$15.56	-0.38%	$706.00M	-2.79x	7.78
SRT	STARTEK INC	NYSE	Information Technology Services	$128.97M	$3.20	-1.54%	$29.07M	-106.67x	1.07
BTCM	BIT MINING LTD	NYSE	Information Technology Services	$30.00M	$2.70	-1.10%	N/A	-0.20x	0.73
DMRC	DIGIMARC CORP	NASDAQ	Information Technology Services	$661.54M	$32.53	-0.09%	-$43.86M	-12.51x	0.25
UIS	UNISYS CORP	NYSE	Information Technology Services	$220.61M	$3.23	0.31%	-$55.00M	-0.89x	173.98
DXC	DXC TECHNOLOGY CO	NYSE	Information Technology Services	$4.17B	$20.30	-0.44%	$797.00M	-7.38x	3.57
ARBB	ARB IOT GROUP LTD	NASDAQ	Information Technology Services	$49.97M	$1.90	-2.01%	N/A	N/A	0.43
BBAI	BIGBEARAI HOLDINGS INC	NYSE	Information Technology Services	$221.27M	$1.42	-4.05%	-$66.12M	-2.12x	-4.38
WAVD	WAVEDANCER INC	NASDAQ	Information Technology Services	$26.00M	$0.26	-5.80%	-$14.32M	-0.31x	1.39

Information Technology Service Stocks FAQ

What are the best information technology service stocks to buy right now in Sep 2023?

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

1. Genpact (NYSE:G)

Genpact (NYSE:G) is the top information technology service stock with a Zen Score of 65, which is 32 points higher than the information technology service industry average of 33. It passed 24 out of 38 due diligence checks and has strong fundamentals. Genpact has seen its stock lose -17.18% over the past year, underperforming other information technology service stocks by -18 percentage points.

Genpact has an average 1 year price target of $43.88, an upside of 19.78% from Genpact's current stock price of $36.63.

Genpact stock has a consensus Hold recommendation according to Wall Street analysts. Of the 8 analysts covering Genpact, 0% have issued a Strong Buy rating, 25% have issued a Buy, 62.5% have issued a hold, while 0% have issued a Sell rating, and 12.5% have issued a Strong Sell.

2. Epam Systems (NYSE:EPAM)

Epam Systems (NYSE:EPAM) is the second best information technology service stock with a Zen Score of 64, which is 31 points higher than the information technology service industry average of 33. It passed 22 out of 33 due diligence checks and has strong fundamentals. Epam Systems has seen its stock lose -28.89% over the past year, underperforming other information technology service stocks by -30 percentage points.

Epam Systems has an average 1 year price target of $263.92, an upside of 1.12% from Epam Systems's current stock price of $261.00.

Epam Systems stock has a consensus Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Epam Systems, 30.77% have issued a Strong Buy rating, 7.69% have issued a Buy, 53.85% have issued a hold, while 7.69% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Magic Software Enterprises (NASDAQ:MGIC)

Magic Software Enterprises (NASDAQ:MGIC) is the third best information technology service stock with a Zen Score of 63, which is 30 points higher than the information technology service industry average of 33. It passed 23 out of 38 due diligence checks and has strong fundamentals. Magic Software Enterprises has seen its stock lose -31.25% over the past year, underperforming other information technology service stocks by -32 percentage points.

Magic Software Enterprises has an average 1 year price target of $18.00, an upside of 63.64% from Magic Software Enterprises's current stock price of $11.00.

Magic Software Enterprises stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Magic Software Enterprises, 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.

What are the information technology service stocks with highest dividends?

Out of 20 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. Magic Software Enterprises (NASDAQ:MGIC)

Magic Software Enterprises (NASDAQ:MGIC) has an annual dividend yield of 5.7%, which is 3 percentage points higher than the information technology service industry average of 2.32%. Magic Software Enterprises's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Magic Software Enterprises's dividend has shown consistent growth over the last 10 years.

Magic Software Enterprises's dividend payout ratio of 66.3% indicates that its high dividend yield is sustainable for the long-term.

2. Clps (NASDAQ:CLPS)

Clps (NASDAQ:CLPS) has an annual dividend yield of 4.9%, which is 3 percentage points higher than the information technology service industry average of 2.32%.

Clps's dividend payout ratio of -100% indicates that its dividend yield might not be sustainable for the long-term.

3. IBM (NYSE:IBM)

IBM (NYSE:IBM) has an annual dividend yield of 4.51%, which is 2 percentage points higher than the information technology service industry average of 2.32%. 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 297.7% indicates that its dividend yield might not be sustainable for the long-term.

Why are information technology service stocks up?

Information technology service stocks were up 0.22% in the last day, and down -0.97% over the last week.

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

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. Information Services Group (NASDAQ:III)

Information Services Group (NASDAQ:III) is the most undervalued information technology service stock based on WallStreetZen's Valuation Score. Information Services Group has a valuation score of 71, which is 44 points higher than the information technology service industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Information Services Group's stock has dropped -10.57% in the past year. It has underperformed other stocks in the information technology service industry by -12 percentage points.

2. Magic Software Enterprises (NASDAQ:MGIC)

Magic Software Enterprises (NASDAQ:MGIC) is the second most undervalued information technology service stock based on WallStreetZen's Valuation Score. Magic Software Enterprises has a valuation score of 71, which is 44 points higher than the information technology service industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Magic Software Enterprises's stock has dropped -31.25% in the past year. It has underperformed other stocks in the information technology service industry by -32 percentage points.

3. Concentrix (NASDAQ:CNXC)

Concentrix (NASDAQ:CNXC) is the third most undervalued information technology service stock based on WallStreetZen's Valuation Score. Concentrix has a valuation score of 57, which is 30 points higher than the information technology service industry average of 27. It passed 4 out of 7 valuation due diligence checks.

Concentrix's stock has dropped -37.62% in the past year. It has underperformed other stocks in the information technology service industry by -39 percentage points.

Are information technology service stocks a good buy now?

41.18% of information technology service stocks rated by analysts are a buy right now. On average, analysts expect information technology service stocks to rise by 12.84% 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 31.02x.

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.